Supply Chain Contract Analyst

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. Day Shift - 7.5 HoursThe Contract Analyst – Supply Chain is responsible for supporting the sourcing, negotiation, implementation, and ongoing management of contracts for clinical and non-clinical supplies.

This role ensures contract pricing accuracy, compliance with Group Purchasing Organization (GPO) agreements, and alignment with hospital cost containment initiatives. The analyst plays a key role in maintaining item master integrity, conducting pricing audits, and identifying savings opportunities across the supply portfolio. Key Responsibilities Procurement Contract ManagementReview, analyze, and interpret supplier contracts for medical, surgical, and non-clinical suppliesSupport sourcing events (RFPs, bids, vendor evaluations) with data analysis and pricing comparisonsMaintain contract repository, ensuring accurate tracking of terms, pricing tiers, rebates, and expiration datesCoordinate contract implementation with Procurement, Value Analysis, and Inventory teamsPricing Integrity & Item Master AlignmentValidate and maintain contract pricing within the item master and ERP systemEnsure accurate linkage of supplier item numbers and manufacturer part IDsMonitor contract price changes and update systems accordinglyResolve discrepancies between contract terms, purchase orders, and invoicesAudit & ComplianceConduct regular pricing audits comparing contract pricing to supplier invoicesIdentify overcharges, missed GPO pricing, and non-compliant purchasesWork with Accounts Payable and vendors to recover credits and resolve discrepanciesEnsure compliance with GPO agreements, local contracts, and organizational policiesSpend Analytics & Cost SavingsAnalyze purchase and utilization data to identify standardization and cost reduction opportunitiesTrack and report realized and potential savings from contracting initiativesSupport value analysis projects by providing financial and utilization insightsBenchmark pricing against GPO contracts and market dataVendor & Stakeholder CollaborationServe as a liaison between vendors, Supply Chain, Clinical departments, and FinanceAssist in vendor performance reviews and quarterly business reviews (QBRs)Support contract negotiations by providing detailed pricing models and volume analysisReporting & SystemsDevelop and maintain dashboards for contract compliance, pricing accuracy, and savings performanceUtilize ERP and contract management systems (e.g., Lawson, PeopleSoft, Oracle)Generate reporting for leadership on contract status, spend, and compliance metricsKey Performance Indicators (KPIs)Contract price accuracy in item master% of spend under contract (contract compliance rate)Identified and realized cost savingsInvoice discrepancy and overcharge recovery rateTimeliness of contract implementations and updates Qualifications EducationBachelor’s degree in Supply Chain Management, Business, Finance, Healthcare Administration, or related field requiredExperience2–5+ years of experience in supply chain contracting, procurement, or healthcare financeHospital or healthcare system experience strongly preferredExperience with GPO contracting (e.g., Vizient, Premier, HealthTrust) highly preferredRequired SkillsStrong understanding of procurement contracting and pricing structures for suppliesAdvanced Excel skills (pivot tables, VLOOKUP/XLOOKUP, data modeling)Experience with item master data management and contract price validationHigh attention to detail and data accuracyStrong analytical, problem-solving, and auditing skillsAbility to manage large datasets and multiple contracts simultaneouslyEffective communication and collaboration skillsPreferred SkillsExperience performing contract compliance audits and invoice validationFamiliarity with clinical supply categories (e.g., implants, med/surg, lab, pharmacy)Knowledge of rebate structures, tiered pricing, and committed spend agreementsSalary Range: $60,000 - $65,000/annuallyDay

Mon-Fri - 8am - 4pmEmployment Non-Discrimination: Richmond University Medical Center is committed to equality of opportunity in all aspects of employment and provides full and equal employment opportunities to all employees and potential employees without regard to race, color, national origin, religion, gender identity, sex, sexual orientation, pregnancy, childbirth and related medical conditions and needs including lactation accommodations, physical or mental disability, age, immigration or citizenship status, veteran or active military status, genetic information, or any other legally protected status.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!