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Portfolio Executive II - Pharmacy Sourcing
Portfolio Executive II - Pharmacy SourcingVizient, Inc. • Irving, TX, United States
Portfolio Executive II - Pharmacy Sourcing

Portfolio Executive II - Pharmacy Sourcing

Vizient, Inc. • Irving, TX, United States
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When you're the best, we're the best. We instill an environment where employees feel engaged, satisfied and able to contribute their unique skills and talents while living and working as their authentic selves . We provide extensive opportunities for personal and professional development, building both employee competence and organizational capability to fuel exceptional performance through an inclusive environment both now and in the future.

Summary :

In this role, you will contribute to all aspects of supply chain strategic sourcing, including market opportunity identification, portfolio development, negotiations, and implementation. You will manage a portfolio of acute and non-acute agreements, develop contracting strategies that drive cost savings and operational efficiency, and collaborate with senior leaders to support Vizient clients across diverse healthcare markets. You will also partner cross-functionally to ensure contract competitiveness, communicate key updates, and maintain strong supplier and client relationships that deliver measurable value.

Responsibilities :

Oversee a designated portfolio of acute and non-acute agreements, ensuring effective oversight, compliance, and performance optimization across all assigned contracts.

Conduct product and market assessments and market research for assigned categories.

Develop contracting strategies that deliver value to clients, including negotiation of terms, renewals, amendments, and tier pricing.

Serve as a category expert for clients, suppliers, distributors, and internal teams.

Collaborate with cross-functional partners, Analysts, and Portfolio Administrators to ensure alignment to client needs.

Communicate key contract changes and enhancements to internal and external stakeholders.

Develop marketing approaches to increase contract utilization and engagement.

Incorporate client feedback into contracting initiatives for low- to moderate-complexity portfolios.

Participate in the competitive bid process to negotiate favorable terms and conditions.

Maintain practical knowledge of the healthcare industry, market dynamics, and new technologies.

Qualifications :

Relevant degree preferred.

2 or more years of relevant experience required.

Experience working in a healthcare environment with exposure to contracts, negotiations, and related operational processes preferred.

Demonstrated expertise in competitive bidding and supplier relationship management preferred.

Strong financial acumen with the ability to manage expense and revenue budgets effectively.

Excellent verbal, written, and presentation communication skills.

Proficiency in Microsoft Office Suite; experience with contract management systems preferred.

Strong analytical thinking and problem-solving abilities.

Proven ability to collaborate effectively in a dynamic, fast-paced environment.

Willingness to travel.

Estimated Hiring Range :

At Vizient, we consider skills, experience, and organizational needs in our compensation approach. Geographic factors may adjust the range estimate and hires typically fall below the top range. Compensation decisions are tailored to individual circumstances. The current salary range for this role is $77,400.00 to $135,400.00.

This position is also incentive eligible.

Vizient has a comprehensive benefits plan! Please view our benefits here :

http : / / www.vizientinc.com / about-us / careers

Equal Opportunity Employer : Females / Minorities / Veterans / Individuals with Disabilities

The Company is committed to equal employment opportunity to all employees and applicants without regard to race, religion, color, gender identity, ethnicity, age, national origin, sexual orientation, disability status, veteran status or any other category protected by applicable law.

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Pharmacy Sourcing Pharmacy • Irving, TX, United States

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