Minneapolis, MN, 55405, USA
3 days ago
Director Technology Procurement & Strategic Sourcing
**Overview** As the Director of Technology Procurement and Strategic Sourcing, you will be responsible for leading the procurement strategy, vendor management, and contract negotiations for all technology-related services and solutions at Fairview Health Services. This role ensures alignment with organizational objectives, driving efficiency, cost savings, and operational excellence while fostering strong supplier partnerships. This position requires a strategic leader who can effectively collaborate with senior executives, IT leaders, and procurement teams to optimize vendor relationships, enhance service quality, and enforce governance standards. You will play a critical role in ensuring Fairview Health Services maximizes the value of its technology investments while mitigating risks and ensuring compliance with regulatory and internal policies. **Responsibilities Job Description** **Strategic Sourcing and Procurement** + Develop and implement a comprehensive technology procurement strategy aligned with Fairview Health Services’ business and operational goals. + Lead sourcing initiatives to evaluate and select vendors that offer optimal value in terms of cost, quality, innovation, and service delivery. + Collaborate with IT and business leaders to identify technology needs, optimize procurement processes, and enhance supplier engagement. + Ensure procurement activities align with Fairview’s financial goals and sustainability objectives. + Drive strategic sourcing initiatives that incorporate a mix of local and international workforce solutions, ensuring access to top-tier global talent while maintaining compliance with regulatory requirements. **Vendor Management & Performance Optimization** + Build and maintain strong relationships with key technology vendors, acting as the primary point of contact for contract negotiations, performance evaluations, and escalations. + Establish and track Key Performance Indicators (KPIs) to monitor supplier performance against contractual commitments, service level agreements (SLAs), and business objectives. + Implement governance frameworks for vendor risk management, including regular performance reviews, audits, and compliance assessments. + Develop contingency plans and risk mitigation strategies to ensure business continuity and minimize disruptions. **Contract Negotiation & Compliance** + Lead contract negotiations for technology-related agreements, ensuring favorable terms, competitive pricing, and value-added services. + Maintain a centralized repository for all technology contracts, ensuring transparency, easy access, and timely renewals. + Partner with legal, compliance, and risk management teams to ensure all technology contracts align with Fairview Health Services’ policies and industry regulations. + Enforce governance standards and contractual compliance, including cybersecurity, data privacy, and regulatory obligations. **Financial & Operational Efficiency** + Identify and implement cost-saving opportunities through vendor consolidation, bulk purchasing, and strategic partnerships. + Drive procurement efficiency by leveraging automation, data analytics, and best practices in sourcing and supplier management. + Provide executive-level reporting on procurement performance, financial impact, and supplier risk assessments. + Ensure procurement strategies support digital transformation initiatives, including cloud computing, AI, and IT infrastructure modernization. **Reports, Dashboards & Technology Integration** + Develop and manage real-time dashboards and automated reports to track procurement performance, vendor compliance, and contract renewals. + Implement AI-driven analytics tools to assess spend analytics, supplier performance, and risk exposure. + Leverage cloud-based procurement and contract management platforms to ensure data accuracy, accessibility, and real-time insights. + Ensure technology-driven solutions are integrated into tracking overall procurement performance across various categories. **Global Team Collaboration & Delivery** + Establish frameworks to coordinate cross-functional global teams in procurement, contract management, and supplier strategy execution. + Foster collaboration across geographically dispersed teams to ensure streamlined procurement operations and seamless technology adoption. + Utilize digital collaboration tools to improve communication, efficiency, and transparency in vendor management. + Drive alignment between regional and global supplier engagements, ensuring standardization and best practices are adopted enterprise wide. **Innovation & Continuous Improvement** + Encourage technology vendors to contribute innovative solutions that enhance Fairview Health Services’ digital capabilities and patient care services. + Benchmark procurement and sourcing practices against industry standards to identify opportunities for process improvement. + Develop training and knowledge-sharing programs to enhance procurement capabilities across the organization. **Qualifications** **Required** **Education** + Bachelor’s degree in Business, Supply Chain Management, Information Technology, or a related field or Equivalent combination of relevant education and experience. **Experience** + 10+ years of procurement, vendor management, and contract experience, including aminimum of 5 years in IT procurement, vendor management, and contracting. + 5 years proven leadership experience with increasing levels of accountability, including direct management of teams, budget oversight, and strategic initiatives. + Strong expertise in software licensing, procurement, and outsourcing + Deep knowledge of contract regulations, compliance requirements, and IT contract law. + Demonstrated ability tobuild and maintain strong relationships with both internal and external stakeholders, fostering trust and transparency. + Strong coaching and mentoring abilities, fostering team growth and skill development. **EEO Statement** EEO/AA Employer/Vet/Disabled: All qualified applicants will receive consideration without regard to any lawfully protected status **Benefit Overview** Fairview offers a generous benefit package including but not limited to medical, dental, vision plans, life insurance, short-term and long-term disability insurance, PTO and Sick and Safe Time, tuition reimbursement, retirement, early access to earned wages, and more! Please follow this link for additional information: https://www.fairview.org/careers/benefits/noncontract **Compensation Disclaimer** The posted pay range is for a 40-hour workweek (1.0 FTE). The actual rate of pay offered within this range may depend on several factors, such as FTE, skills, knowledge, relevant education, experience, and market conditions. Additionally, our organization values pay equity and considers the internal equity of our team when making any offer. Hiring at the maximum of the range is not typical.
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