Job Description Summary The Principal Strategic Sourcing Advisor is responsible for driving supplier sourcing business strategies that optimize Company performance
and savings. They work with senior leaders and other company strategists to identify opportunities for savings, and/or transformation of
capabilities and develop the roadmap for executing on the strategy in the assigned categories.
Implement Blue Cross NC enterprise sourcing strategy and drive millions in annual savings to meet established targets
Understand Blue Cross NC enterprise business needs and act as authoritative voice of Blue Cross NC to the suppliers
regarding business needs, requirements, expectations, and direction

Lead and coordinate roadmap discussions and engagement with executives to establish the sourcing strategy for critical
business capabilities

Understand, analyze, and forecast complex market and industry dynamics and share subject matter expertise and industry
knowledge within the strategic portfolio of products and services.

Conduct complex enterprise sourcing events with strategic suppliers, including development of project work plan, category
profile, category strategy, minimum requirements and evaluation criteria, solicitation

Find solutions, build proposals, and execute sourcing events to meet business requirements, striking a balance between
supply continuity, cost, and delivery

Develop and implement assorted bid documents and requests (i.e. RFP, RFI, RFQ); Manage status reporting and
performance metrics of sourcing activities for strategic vendors.

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.

Lead supplier relationship management and performance for the largest and most complex suppliers in the Enterprise from
both an operational and risk management perspective

Proactively establish and foster successful, positive working relationships with vendor personnel. Drive vendor engagement
through formal and informal transactions.

Hiring Requirements
Bachelor's degree or advanced degree (where required)
8 years of experience in related field
In lieu of degree, 10 years of experience in related field
Demonstrated in-depth knowledge and experience in the development, negotiation, and implementation of contracts & pricing
agreements

Strong analytical ability and comfort dealing with large amounts of financial data
Demonstrated Business and financial acumen
Experience in executing strategic competitive bids with a track record of delivering cost efficiencies and driving a culture of
affordability across diverse portfolio of enterprise sourcing activities

Experience managing and working through tough situations specific to sourcing and contracting processes
Ability to perform work without appreciable direction and exercise considerable independence in determining objectives and
approaches; may direct the work of others and/or act as leader of cross-functional teams

In-depth knowledge of contractual documents and requirements, risk control programs and business services sourcing and
best practice

Build roadmaps and engage with Executives on sourcing strategies for critical business outcomes.
Ability to build sustainable critical relationships with Executive Leadership supporting significant transformation.
Utilize a network of recognized market specialists to uncover critical intelligence and exposure to leading-edge research data
and trends.

Ability to build short to medium term contracting strategies and realized maximum value while mitigating key risk.
Nice to Haves
Certified Sourcing Professional (CSP) or other Sourcing Certification Is this a Planview user?

No