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Job DescriptionThe Sr Category Management Analyst is accountable for all sourcing and vendor governance activities for the assigned category(ies). Works to reduce organizational cost of ownership by leveraging sourcing strategies, tools and processes while mitigating risk through effective vendor governance. Partners with third party vendors, assigned business owners and the Corporate Services Vendor Contracting team in the preparation, analysis, and negotiation of vendor contracts. The position also assists Business Owners from all functional areas in the selection of vendors including documentation of vendor obligations consistent with business requirements.
Establish sourcing strategies for an assigned category(ies) in conjunction with internal stakeholders and their associated business strategy.
Conduct sourcing events, including development of project work plan, category profile, category strategy, minimum requirements and evaluation criteria, solicitation
Develop and implement assorted bid documents and requests (i.e. RFP, RFI, RFQ); and manage status reporting and performance metrics of sourcing and category management activities.
Understand, analyze and forecast complex market and industry dynamics and share subject matterexpertise and industry knowledge within the established portfolio of products and services.
Partner with stakeholders to source products and services using proven tools, processes, and analytics to drive and achieve business results.
Evaluate analyses of sourcing results from a total cost of ownership perspective and provide optimization recommendations
Participate in cross-functional teams responsible for complex vendor negotiations, including those that require specialized subject matter expertise, nonstandard risk mitigation solutions, and coordination of multiple arrangements.
Review and lead supplier relationship management and performance within an assigned category
Proactively establish and foster successful, positive working relationships with vendor personnel. Drive vendor engagement through formal and informal transactions.
Engage stakeholders to implement and execute vendor relationship management plan.
Coordinate and host vendor business reviews
Develop, track and manage yearly vendor plans for assigned vendors within the assigned category(ies) and ensure vendor compliance.
Coordinate vendor risk assessments and develop plans to track and address significant risks.
Serve as an escalation point for the business in resolving vendor performance issues. issue resolution.
Manage contracts and collaborate effectively with Corporate Compliance, Legal, Audit and Risk Management and other internal stakeholders for compliance activities to ensure regulatory conditions are met.
Research, analyze and provide data driven recommendations regarding compliance or audit level issue resolution and remediation.
Facilitate and monitor vendor implementation of relevant corrective action plans.
Develop new procedures, training, initiatives, specifications and recommendations for process or policy changes and improvements, as appropriate.
Hiring Requirements
Bachelor's degree or advanced degree (where required)
5+ years of experience in related field
In lieu of degree, 7+ years of experience in related field
Preferred Skills
IT experience in purchasing and vendor management
Experience with ServiceNow, Salesforce, and/or Snowflake
Salary Range$75,900.00 - $136,600.00About UsIt's an exciting time to work at Blue Cross and Blue Shield of North Carolina (Blue Cross NC). Health care is changing, and we're leading the way. We offer more than health insurance our customers can count on. We’re committed to better health and better health care − in our communities and beyond. Our employees bring energy and creativity to the workplace, and it shows in our innovative approach to improving the health and well-being of North Carolinians.Blue Cross NC is a fully taxed, not-for-profit company headquartered in Durham, North Carolina. We serve more than 4.3 million members, and we employ more than 5,000 people across the country who are passionate about making health care better for all.Help us lead the charge for better health care by joining our award-winning team. Discover tremendous opportunities with us to do challenging and rewarding work. Opportunities that can lead you to a fulfilling career, work that can help others lead healthier, happier lives.Authorization to Work in the United StatesWe use E-verify to confirm authorization to work in the United States. To learn more about E-Verify, including your rights and responsibilities, please visit E-Verify Overview (https://www.e-verify.gov/employees/e-verify-overview) for English or Visión General de E-Verify (https://www.e-verify.gov/es/empleados/vision-general-de-e-verify) for Español.For most roles, you can choose where to work - fully remote in one of the states listed below, in the office, or a hybrid of the two:Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maryland, Michigan, Mississippi, Missouri, North Carolina, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Wisconsin, and WyomingMuch more than a paycheckThe total value of working at Blue Cross NC goes far beyond your paycheck. We offer benefits and perks (https://careers.bluecrossnc.com/global/en/benefits) that help you thrive, such as competitive health benefits, bonus plans based on performance, 401(k) with employer match, paid time off (plus two well-being days), and a variety of career development and wellness programs.
