Vendor Management Specialist at Sanford Health: Shape Healthcare Partnerships

Role Overview

As a Vendor Management Specialist at Sanford Health, you play a crucial role in ensuring the smooth and efficient operation of our healthcare system. You will be responsible for managing relationships with third-party vendors, ensuring they meet our operational goals and compliance standards. Your work directly impacts the quality of services and products we provide to our patients and the overall efficiency of our organization.

A Day in the Life

Your day-to-day activities will include:

• Managing relationships with third-party vendors, acting as their primary point of contact.
• Ensuring vendor compliance with service agreements and regulatory requirements.
• Conducting regular evaluations of vendor performance using metrics and audits.
• Assisting in the negotiation and renewal of vendor contracts to secure favorable terms.
• Collaborating with internal teams to identify vendor needs and opportunities for improvement.
• Developing and maintaining a database of vendor information and performance metrics.
• Mitigating risks associated with vendor partnerships through monitoring processes.
• Preparing and presenting reports on vendor performance and insights to management.
• Streamlining vendor onboarding processes and identifying areas for improvement.

Why Sioux Falls, South Dakota?

Sioux Falls offers a blend of urban amenities and small-town charm, making it an excellent place to live and work. The city boasts a thriving job market, affordable cost of living, and a high quality of life. With its beautiful parks, cultural attractions, and friendly community, Sioux Falls provides a welcoming environment for professionals and families alike. Working at Sanford Health in Sioux Falls means you're part of a growing and innovative healthcare system that values its employees and the community it serves. In addition, this role offers remote work options within the Central and Mountain time zones of South Dakota, Minnesota, and North Dakota providing work/life balance.

Career Path

Sanford Health is committed to providing career growth and development opportunities for its employees. Starting as a Vendor Management Specialist, you can advance to roles such as Senior Vendor Management Specialist, Vendor Management Lead, or even roles in procurement or supply chain management. We invest in our employees' success through training programs, mentorship opportunities, and leadership development initiatives.

Salary and Benefits

The estimated salary range for this position is $60,000 - $90,000 annually, commensurate with experience and qualifications. Sanford Health offers a comprehensive benefits package that includes:

• Comprehensive health insurance (medical, dental, vision)
• Paid time off (PTO) and paid holidays
• 401(k) retirement plan with employer match
• Employee assistance program (EAP)
• Life insurance and disability insurance
• Flexible spending accounts (FSA) and health savings account (HSA)
• Tuition reimbursement for continuing education
• Employee discount program
• Wellness programs and on-site fitness center (if available)

Sanford Health Culture

Sanford Health is dedicated to the work of health and healing. As one of the largest and fastest-growing not-for-profit health systems in the United States, we pride ourselves on our commitment to providing exceptional care to our patients and creating a supportive and inclusive work environment for our employees. At Sanford Health, you will be part of a team that values collaboration, innovation, and continuous improvement.

How to Apply

To apply for the Vendor Management Specialist position, please visit the Sanford Health careers website and search for the job title or location. Submit your application online, including your resume and cover letter. If you require assistance with your online application due to a disability, please call 1-877-673-0854 or email talent@sanfordhealth.org.

Frequently Asked Questions (FAQ)

1. What qualifications are required for this role? A bachelor's degree in Business Administration, Supply Chain Management, or a related field is required, along with experience in vendor management or procurement roles.
2. Is experience in the insurance industry necessary? While preferred, experience in the insurance industry is not strictly required.
3. What are the key responsibilities of a Vendor Management Specialist? Key responsibilities include managing vendor relationships, ensuring compliance, evaluating performance, and negotiating contracts.
4. What skills are essential for success in this role? Essential skills include negotiation, communication, analytical, and problem-solving abilities.
5. What opportunities for career advancement are available at Sanford Health? Sanford Health offers various career advancement opportunities, including roles in vendor management, procurement, and supply chain management.
6. What benefits does Sanford Health offer its employees? Sanford Health offers a comprehensive benefits package, including health insurance, paid time off, retirement plans, and tuition reimbursement.
7. What is the work environment like at Sanford Health? The work environment at Sanford Health is supportive, collaborative, and focused on continuous improvement.
8. Is remote work an option for this position? Yes, remote work options are available within the Central and Mountain time zones of South Dakota, Minnesota, and North Dakota.
9. How can I request an accommodation for my online application? If you require an accommodation, please call 1-877-673-0854 or email talent@sanfordhealth.org.
10. What makes Sanford Health a great place to work? Sanford Health provides a supportive and inclusive work environment with opportunities for professional growth and development, competitive compensation and benefits, and a chance to make a meaningful impact on patient care.