AssociateAdvisor Category Management Strategic Sourcing
PositionOverview
In this role, you willbe part ofa team ofcategory management and strategic sourcing professionalswithin theThird Party Management, Shared Services (GPTPMS) organization. GPTPMS providesprocurement-related services to thegreater Cigna Group. A key function of this position istonegotiate and execute key suppliercontracts,drive business value and cost savings, and minimize risk within our supplier contracts. This position willbe an exciting opportunity forestablishinga Category Management and Strategic Sourcing (CMSS) presence within the innovation hub.
TheEvernorth℠strategy isfully alignedwith our business strategy, resulting in an opportunity for you to influencefutureprocurement and sourcing direction for the hub, with the shared goal of evolving our world class procurement organization. This is a hands-on position reporting tomanagement withvisibility into GPTPMS leadership.
Responsibilities
- Negotiate and processsupplier contracts within assigned spend categoriesbyleveraging 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 draftcontracts,servicelevelagreements,statements ofwork andother contractdocumentswith suppliersfor strategic deals
- As assigned, evaluate best in class suppliers through RF(x)or similar competitive events with the goal ofoptimizing supplier engagements
- Bea trusted advisor forbusiness stakeholdersin termsof their suppliers and contracts,sourcing best practices, negotiationstrategies, contractterms,and otherprocurement activities
- Ensure consistent communication and project management with the stakeholders ofyourassigned sourcing intakes throughout thesourcing and procurement lifecycle
- Develop a strong understanding and forecast of key cost drivers and market factors in assigned categories through continuous research and monitoring.
- Supportcontinuousprocess improvement in all aspects of the sourcing and procurement processes; liaise with the GPTPMSCenter of excellence organization in the US to ensure alignment with process,best practices, and talentstrategy
- 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 andThird Party Management Teams when Supplier relationship or performance issues may factor into sourcing projects
- Act as achange agent anddemonstrate resiliency as changes occur within GPTPMS or the greater Cigna Group.
Qualifications
Required Skills:
- Strong written and verbal communication skills with the ability to interact with all levels of the organization.
- Strongskills in understanding legal and commercial supplier contract terms and conditions
- Strong interpersonal/relationship management skills.
- Strong time and project management skills.
- Broad knowledge of all aspects of theSource to Paylifecycle including onboarding, due diligence, contracting,and payment
- Experience in a broad range of indirect procurement categories; technology category experience preferred
Required Experience Education:
- 8 Years of relevant experience
- Contracting experience within indirect procurement
- Experience with procurement and sourcing in an onshore/offshore model.
- College degree (Bachelor) in related technical/business areas or equivalent work experience.
- Experience in a broad range of indirect procurement categories; technology category experience preferred
- Exposure to Ariba or similar Procurement systems andiCertis or similar Contract Lifecycle Management (CLM) systems
- Experience working with a matrix organization and other internal partners to execute on goals
Desired Experience:
- Experience in the health-related fields such as health services, health insurance, pharmacy benefits management, and related fields
- Experience with HIPAA, Business Associate Agreements (BAAs), and other related US Healthcare concepts
- Experience with Purchase Order terminology and Procure-to-Pay processes and industry standards
- Coaching and mentoring of team members
- Industry certifications such as SIG, CSCP, CPM or similar
Location Hours of Work
- Full-time position, working40 hours per week. Expected overlap with US hours as appropriate
- Primarily based in the Innovation Hub in Hyderabad, India in a hybrid working model (3 days WFO and 2 days WAH)
Equal Opportunity Statement
Evernorth is an Equal Opportunity Employer actively encouraging and supporting organization-wide involvement of staff in diversity, equity, and inclusion efforts to educate, inform and advance both internal practices and external work with diverse client populations.
About Evernorth Health Services
Evernorth Health Services, a division of The Cigna Group, creates pharmacy, care and benefit solutions to improve health and increase vitality. We relentlessly innovate to make the prediction, prevention and treatment of illness and disease more accessible to millions of people. Join us in driving growth and improving lives.
