Vendor Management Specialist – Health Plan

Posted 52ds ago

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Job Description

Oversee vendor relationships and ensure operational compliance for Sanford Health, a large not-for-profit health system. Collaborate with internal teams and manage vendor contracts to optimize performance and mitigate risks.

Responsibilities:

  • Manage relationships with third-party vendors ensuring compliance with service agreements.
  • Conducts regular evaluations of vendor performance through metrics and audits.
  • Assists in the negotiation and renewal of vendor contracts to ensure favorable terms.
  • Collaborates with internal teams to identify vendor needs and opportunities for improvement.
  • Develops and maintains a database of vendor information and performance metrics.
  • Mitigates risks associated with vendor partnerships by implementing monitoring processes.
  • Prepares and presents reports on vendor performance and relevant insights to management.

Requirements:

  • Bachelor's degree in Business Administration, Supply Chain Management, or a related field required.
  • Experience in vendor management or procurement roles, preferably in the insurance industry.
  • Strong negotiation skills with a track record of managing successful vendor contracts.