Negotiate and process supplier contracts within assigned spend categories by leveraging market conditions, business strategies, spend, strategic importance, geographic considerations, benchmarks, and other key levers
Through business unit and partnerships, execute on driving cost savings, cost avoidance, risk reduction, enhanced business outcomes, and improved services from supplier, meeting current and future business and category needs
Review, revise, and / or draft contracts, service level agreements, statements of work and other contract documents with suppliers for strategic deals
As assigned, evaluate best in class suppliers through RF(x) or similar competitive events with the goal of optimizing supplier engagements
Be a trusted advisor for business stakeholders in terms of their suppliers and contracts, sourcing best practices, negotiation strategies, contract terms, and other procurement activities
Ensure consistent communication and project management with the stakeholders of your assigned sourcing intakes throughout the sourcing and procurement lifecycle
Develop a strong understanding and forecast of key cost drivers and market factors in assigned categories through continuous research and monitoring.
Support continuous process improvement in all aspects of the sourcing and procurement processes; liaise with the GPTPMS Center of excellence organization in the US to ensure alignment with process, best practices, and talent strategy
Maintain and promote sound relationships with suppliers, internal matrix partners, business stakeholders, and other parties involved in sourcing and contracting
Liase with the US GPTPM and Third-Party Management Teams when Supplier relationship or performance issues may factor into sourcing projects
Act as a change agent and demonstrate resiliency as changes occur within GPTPMS or the greater Cigna Group.
