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Clinical Product Sourcing Analyst
Owens & MinorClinical Product Sourcing Analyst supporting sourcing initiatives across clinical product categories for Owens & Minor, a global healthcare solutions company. Engage in analytics, sourcing events, and supplier evaluations.
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
clinical spend analysispricing comparisonsutilization analysessupplier benchmarkingsavings calculationscontract compliancenegotiation scenarioscost modelsdata analysisequivalency analysis
Soft Skills
analytical skillscommunication skillsattention to detailorganizationtime managementcollaborationindependencestakeholder engagementproblem-solvingcritical thinking
Tools & Technologies
Excelspend analytics toolsPalantiranalytics dashboardssupplier evaluation toolscontract management systemsdata visualization toolsfinancial analysis softwareGPO contract managementpricing validation tools
Industry Keywords
sourcingprocurementsupply chain analyticshealthcare administrationclinical product sourcingmedical surgicalpharmaceuticalclinical equipmentcontracting modelssavings tracking
About the role
Key responsibilities & impact- Perform clinical spend analysis to identify sourcing, standardization, and cost reduction opportunities across assigned product categories.
- Prepare pricing comparisons, utilization analyses, supplier benchmarking, and market basket analyses to support category strategies and identify savings opportunities.
- Support baseline development and savings calculations, including tracking actual vs. expected savings in accordance with value capture standards.
- Analyze distributor, manufacturer, GPO, PO, and AP data to identify pricing variability, cost above average, inflation impacts, SKU proliferation, and contract compliance gaps.
- Conduct opportunity analysis at the contract and category level, including identification of savings opportunities from sourcing events and RFP responses.
- Support clinical sourcing events (RFIs, RFQs, RFPs) by preparing bid structures, supplier lists, evaluation scorecards, and analysis templates.
- Evaluate supplier responses for pricing, service levels, clinical equivalency, and contractual terms, including identification of savings proposals and optimization opportunities.
- Assist Category Managers in developing negotiation scenarios, cost models, and trade-off analyses.
- Document sourcing recommendations and prepare materials for stakeholder and clinical review discussions.
- Support supplier evaluations, including product conversions, supplier performance reviews, and risk assessments.
- Assist with contract documentation, pricing validation, and alignment to sourcing awards.
- Support contract compliance analytics, including product identification, categorization, and tracking adherence to negotiated terms.
- Develop and leverage analytics and dashboards (e.g., Palantir) to deliver insights across pricing, inventory, and sourcing performance.
- Define and validate analytical requirements for financial components such as rebates, fees, and savings tracking.
Requirements
What you’ll need- Bachelor’s degree in Business, Supply Chain, Healthcare Administration, Finance, or a related discipline.
- 4+ years of experience in sourcing, procurement, supply chain analytics, or healthcare related financial analysis.
- Experience supporting competitive sourcing events and supplier evaluations.
- Preferred Experience within healthcare, hospital, or clinical product sourcing environments.
- Exposure to medical surgical, implant, pharmaceutical, or clinical equipment categories.
- Experience working with GPO contracts and manufacturer pricing structures.
- Strong analytical skills with the ability to interpret complex pricing, utilization, and supplier data.
- Understanding of clinical sourcing fundamentals, including standardization, equivalency analysis, and contracting models.
- Proficiency in Excel and spend analytics tools; comfort working with large datasets.
- Ability to interpret commercial contract elements related to pricing, rebates, and compliance.
- Clear written and verbal communication skills; able to translate analysis into actionable insights.
- Strong attention to detail, organization, and time management skills.
- Ability to work independently while collaborating effectively with cross functional teams.
Benefits
Comp & perks- Comprehensive Healthcare Plan - Medical, dental, and vision plans start on day one of employment for full-time teammates.
- Educational Assistance - We offer educational assistance to all eligible teammates enrolled in an approved, accredited collegiate program.
- Employer-Paid Life Insurance and Disability - We offer employer-paid life insurance and disability coverage.
- Voluntary Supplemental Programs – We offer additional options to secure your financial future including supplemental life, hospitalization, critical illness, and other insurance programs.
- Support for your Growing Family – Adoption assistance, fertility benefits (in medical plan) and parental leave are available for teammates planning for a family.
- Health Savings Account (HSA) and 401(k) - We offer these voluntary financial programs to help teammates prepare for their future, as well as other voluntary benefits.
- Paid Leave - In addition to sick days and short-term leave, we offer holidays, vacation days, personal days, and additional types of leave – including parental leave.
- Well-Being – Also included in our offering is a Teammate Assistance Program (TAP), Calm Health, Cancer Resources Services, and discount programs – all at no cost to you.