Strategic Sourcing Specialist

Join Datavant, a pioneering data platform company on a mission to transform health data exchange. We believe that every healthcare decision should be informed by the right data, delivered precisely when and where it's needed. Our extensive and varied health data network in the U.S. empowers us to make data both secure and functional, enhancing informed health decisions. We earn the trust of top life science companies, government agencies, and healthcare providers. At Datavant, become part of a high-performing, values-driven team tackling some of healthcare's most pressing challenges with innovative, technology-focused solutions. Our diverse team members contribute their unique experiences and backgrounds to our ambitious vision for the future of healthcare. As a Strategic Sourcing Specialist, you will be pivotal in our strategic sourcing and vendor management processes across essential categories, including Technology, Professional Services, and Contract Labor. Reporting to the Senior Manager of Strategic Sourcing and collaborating closely with the Sourcing Manager, your role will involve executing sourcing initiatives, managing supplier relationships, and providing data-driven insights aligned with Datavant's objectives of cost management, risk mitigation, and performance enhancement. Key Responsibilities: Sourcing & Category Support: Collaborate in executing category strategies and sourcing initiatives across Technology, Contract Labor, and Professional Services. Market Research: Conduct thorough market research, identify potential suppliers, and prepare comprehensive sourcing recommendations. Sourcing & Negotiation: Assist in RFx processes (RFI/RFP/RFQ), evaluate suppliers meticulously, and negotiate contracts to ensure the best cost, quality, and timely delivery. Contract Management: Work alongside Legal, Finance, and stakeholders to review contracts while managing approvals and documentation efficiently. Renewal Tracking: Keep track of contract expirations and renewals, ensuring timely renewal or initiation of competitive sourcing events. Spend Analysis: Analyze spend data diligently to uncover opportunities, track savings, and gauge performance. Reporting: Generate detailed reports and presentations to communicate sourcing activities, savings, and insights with internal teams. Cross-Functional Collaboration: Cooperate with Finance, Legal, IT, and other departments to gather requirements and support sourcing initiatives. Process Improvement: Identify and recommend opportunities to enhance the Source-to-Pay process and improve sourcing efficiency through innovative tools and data insights. Risk & Compliance: Ensure adherence to sourcing policies and vendor due diligence; proactively identify and address sourcing-related risks. Escalation: Communicate potential risks or concerns to the Sourcing Manager or Senior Manager as needed. Qualifications: Experience: 2-4 years in procurement, sourcing, or vendor management, ideally within a technology or high-growth environment. Education: Bachelor's degree in Business, Procurement, Finance, or a relevant field. Technical Skills: Proficient with procurement technologies (Coupa experience preferred), Microsoft Excel, PowerPoint, and spend analytics tools. Competencies: Exceptional analytical and problem-solving capability. Strong negotiation and communication skills. Clear written and verbal communication proficiency. Highly organized, adept at managing multiple priorities and stakeholders. A collaborative team player committed to continuous improvement. Bonus Qualifications: Experience with M&A integration projects. Familiarity with managing technology, BPO, or professional services categories. Datavant is dedicated to cultivating a diverse environment where every team member belongs and flourishes. We are an Equal Employment Opportunity employer, welcoming applicants of all backgrounds regardless of race, color, sex, sexual orientation, gender identity, religion, national origin, disability, veteran status, or any other legally protected status. The estimated total cash compensation for this position ranges from $77,000 to $90,000 USD. As per client requirements, post-offer health screenings and proof of vaccinations may be mandatory, with exemption requests evaluated on an individual basis. Please note that this position does not qualify for employment sponsorship. Datavant offers an inclusive work environment and provides reasonable accommodations for individuals with physical and mental disabilities. If you require assistance during the application process, please reach out. For more information on how we handle applicant data, please review our Privacy Policy.

Created: 2026-03-04