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Specialist-Corporate Contracts
Career Insights for Contracts Analyst
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Scorecard
Based on Tennessee data
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What they do
A Contracts Analyst reviews business contracts for a company or organization. Reviews proposed contract terms and conditions, communicates with management about contract obligations, and communicates and negotiates with clients. Prepares contract cost estimates and reviews proposals for contract changes. Confirms that contract terms have been met before a contract is closed out.
$68,866 / year median in Tennessee
-1% projected decline
Job Description
Specialist-Corporate Contracts
Job ID:
37172
Job Category:
Supply Chain & Materials Management
Work Type:
Full Time
Work Schedule:
Days
Department:
Supply Chain Operations
Facility:
BMHCC System Services
Location:
Memphis, TN
Overview
Position Overview
Responsible for developing sourcing strategies to align with the overall goals of Baptist Memorial Health Care Corporation. Leverage BMHCC's purchasing volume to ensure all contractual agreements are of the highest quality and at the lowest total cost for products and services. Responsibilities
Negotiating contracts with key suppliers, including costs, agreement terms of supply, service and quality.
Influence collaboration between cross-functional stakeholders to identify cost savings opportunities, operational efficiencies and facilitate strong partnerships between BMHCC and its strategic vendors.
Administers the "Request For" (RF) process from preparing the request to supplier award and implementation. Responsible for the beginning to end process for agreements from negotiations, drafting contractual documents, gaining approvals and signature.
Utilize benchmarking tools (ex. mdbuyline and Group Purchasing Organization) to validate pricing and support lowest total cost negotiations. Act as liaison between internal stakeholders, legal, finance, risk and vendors to ensurepliance to sourcing and contracting policies and procedures. Request and analyze quotes,piling a detailed assessment of cost breakdowns.
Manage and coordinate multiple projects, sourcing events and contracts.
Manage supplier relationships and ensure the ongoing management of performance, quality, cost, contractualmitments, etc.
Completes assigned goals
Education and Experience Requirements
Bachelor's degree in supply chain, business, economics, finance, logistics, or in a related field or equivalent experience.
Five (5) years' experience negotiating contractual agreements preferably in a related industry.
Experience in the sourcing process
Knowledge, Skills, and Abilities
Analytical skills with ability to collect and correlate information and data Written and verbalmunication skills and mathematical skill to calculate figures and amounts.
Proficiency in Microsoft Office applications (Word, Excel, Outlook, PowerPoint). Strong negotiation skills.
Sound time-management andanizational skills.
Preferred
Certifications:
APP, CPM, CPSM, CPIM, APICS