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Health Care Provider
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Vendor Manager
Blue Cross Blue Shield | Chicago, Illinois
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Job Description


The Vendor Manager for Sourcing and Vendor Management [SVM] in Chicago will proactively engage, drive strategy in line with corporate objectives and manage a portfolio of BCBSA suppliers to extract maximum value for the organization from existing contracts and relationships. This includes negotiation and regular interaction with management from strategic and preferred suppliers, as well as the business owners.

The Vendor Manager will manage our key Vendors in alignment with agreed financial outcomes, as well as business vision and strategy, and will be assigned to managing specific vendors and/or contracts at a global level, partnering with the business owners. The Vendor Manager will ensure that the vendors are delivering against their contractual obligations and that BCBSA is receiving value for money.

Vendor Managers are responsible for ongoing contract management and governance including, review and optimization of contracts according to stakeholder demands, management and resolution of contract and commercial issues, dispute resolution, renewal, commercial exit management and execution of all contract changes including any due to new regulatory or BCBSA Policy requirements, as well as the delivery and management of the Request for Proposal [RfP] process for those categories or vendors that they manage. The Vendor Manager is the central point of contact who understands the interests of BCBSA, services business owners and represents BCBSA towards the vendor from a commercial compliance perspective. The Vendor Manager is expected to work globally and ensure effective communication and engagement with stakeholders at all levels to support the overall business strategy and effectively manage the vendor relationship going forward, and that minimize value leakage over time.


Responsibilities include but are not limited to:

* Execute on vendor specific management strategies
* Develop global vendor management strategies using proven analytical methods and procedures
* Facilitate vendor performance reviews for strategic / complex relationships
* Communicate, and drive vendor management strategies
* Collaborate with key business stakeholders to understand business requirements and vendor performance and implement appropriate vendor management strategies
* Deliver financial optimization by driving compliance to contractual agreements
* Manage internal stakeholders
* Ensure compliance with enterprise policies and procedures


Required Basic Qualifications:

* 10 years negotiating and managing vendors.
* Minimum of 7 years of either sourcing and/or vendor management experience.
* Work experience in Category Management, Supply Chain, Vendor Management or Procurement, including all aspects of strategy sourcing development and execution.
* Comprehensive knowledge of procurement policies and regulations.
* Strong advocate, familiarity and technical competence with P2P management software.
* Solid working knowledge of current non-IT, total lifecycle cost structures and pricing mechanisms.
* Effective contract lifecycle management and negotiation skills.
* Competency to manage priorities in delivery, product demands, and procurement timelines through analytical capabilities General knowledge of accounting, finance, marketing, and logistics.
* Experience at working both independently and in a team-oriented, collaborative environment is essential.
* Experience effectively prioritizing and executing tasks in a high-pressure environment is crucial.
* Experience of successfully conducting a range of negotiations across a variety of categories.
* Adept at benchmarking and conducting research into product and service-related issues.
* 4 year college degree.

Preferred Basic Qualifications:

* Experience in managing US government procurements is highly desirable.
* Experience in Health Care or related field is highly desirable.

Equal Opportunity Employer

Blue Cross Blue Shield Association is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, disability, veteran status, genetic information or any other legally protected characteristics

About Blue Cross Blue Shield

The Blue Cross and Blue Shield Association is a national federation of 39 independent, community-based and locally operated Blue Cross and Blue Shield companies that collectively provide health care coverage for more than 100 million individuals , one-in-three Americans.

This company profile was created by AfterCollege and is about Blue Cross Blue Shield. This page is not endorsed by or affiliated with Blue Cross Blue Shield. For questions regarding company profiles, please email: care@aftercollege.com.