VMO Vendor Oversight Partner

Bachelor’s degree in business administration, Healthcare Administration, Supply Chain Management, or a related field; Master’s degree preferred.
3-5 years of experience in supplier management, procurement, or a related area, preferably within the healthcare industry.
Proven track record of managing supplier relationships in a healthcare setting.
Strong negotiation, analytical, and problem-solving skills.
Excellent communication and interpersonal skills.
Proficiency in contract management and risk assessment.
Knowledge of healthcare regulations and industry standards.

Support Business Unit (BU) in their efforts for managing supplier relationships in alignment with organizational goals.
Ensure supplier complies with healthcare regulations, organizational standards, and contractual obligations.
Conduct and / or participate in account reviews with supplier to ensure business relationships are fostered and maintained.
Work with BU to conduct and analyze regular performance reviews to ensure performance guarantees are met and identify areas for improvement.
Work with BUs to implement corrective actions and continuous improvement initiatives to enhance supplier performance.
Ensure missed performance resolution strategies are identified and any liquidated damages are correctly calculated and received.
Identify and mitigate risks associated with supplier engagements.
Adhere to risk management policies and procedures specific to the healthcare industry.
Addresses reported risk events/potential risk areas and facilitate root cause analysis and resolution while ensuring proper documentation is maintained.
Facilitate and oversee cross functional discussions.
Support BUs for monitoring contract terms.
Support contract renewals, amendments, and terminations.
Collaborate with internal stakeholders, including clinical, administrative, and operational teams, to understand business needs and objectives.
Facilitate communication and collaboration between supplier and internal teams.
Act as the primary escalation point of contact for supplier-related issues.