Supplier Cost Recovery Analyst

Posted:
10/27/2024, 5:00:00 PM

Location(s):
Grand Rapids, Michigan, United States ⋅ Michigan, United States

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Operations & Logistics

Workplace Type:
Hybrid

Job Summary

Corewell Health Supply Chain is looking for a Supplier Cost Recovery Analyst to manage the chargeback process in cases of product recalls, defects, and other supplier shortcomings where cost recovery is possible. The ideal candidate will be responsible for reviewing the specifics of each failure, calculating the associated costs, and ensuring the supplier compensates for these expenses. This role is pivotal and aligns with Corewell Health's mission of making healthcare simple, affordable, equitable, and exceptional. The Analyst of Supplier Performance is responsible for a specific Supply Chain strategic initiative, including strategy and framework, and for effectively assessing and managing the initiative. This role will assist the organization in the identification, classification, measurement and monitoring of the initiative. This role will work closely with strategic sourcing, and other functional partners. Specific span and responsibility outlined in addendum.

Essential Functions

  • Lead the design and deployment of a system-wide framework in your initiative. Maintain this framework and update to new guidelines and initiatives. Ensure alignment of framework to organizational goals and objectives
  • Work with Procurement and relationship-owners to develop, deploy and maintain plan for appropriate oversight
  • Build organizational awareness; become sought out expert in area of responsibility
  • Oversee the ongoing program management which includes annual goal setting, KPI’s, and annual program planning
  • Coordinate and help deliver education and training programs for your scope of responsibility to the business units
  • Actively engage and participate in working groups among stakeholders
  • Develop program assessment protocols for evaluation and improvement
  • Provide reporting and analysis and communicate the results of the analysis to leadership in a clear and comprehensive way
  • Manage supplier cost recovery processes and ensure timely resolution of claims
  • Collaborate with suppliers to address cost recovery issues and negotiate settlements
  • Analyze cost recovery data and generate reports to track performance and identify trends
  • Work closely with internal teams to ensure accurate and complete documentation of cost recovery activities
  • Develop and implement strategies to improve cost recovery processes
  • Maintain accurate records of cost recovery activities

How Corewell Health cares for you

  • Comprehensive benefits package to meet your financial, health, and work/life balance goals. Learn more here.
  • On-demand pay program powered by Payactiv
  • Discounts directory with deals on the things that matter to you, like restaurants, phone plans, spas, and more!
  • Optional identity theft protection, home and auto insurance, pet insurance
  • Traditional and Roth retirement options with service contribution and match savings

Qualifications

Required

  • Bachelor's Degree preferably in Business, Finance, or Supply Chain
  • 5 years of relevant experience within a regulated industry preferred (auditing, compliance, procurement, etc.)

About Corewell Health

As a team member at Corewell Health, you will play an essential role in delivering personalized health care to our patients, members and our communities. We are committed to cultivating and investing in YOU. Our top-notch teams are comprised of collaborators, leaders and innovators that continue to build on one shared mission statement - to improve health, instill humanity and inspire hope. Join a nationally recognized health system with an ambitious vision of continued advancement and excellence.

Primary Location

SITE - Corewell Health Place - 100 Corewell Drive NW - Grand Rapids

Department Name

Supplier Performance Management

Employment Type

Full time

Shift

Day (United States of America)

Weekly Scheduled Hours

40

Hours of Work

8 a.m. - 5 p.m.

Days Worked

Monday - Friday

Weekend Frequency

N/A

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Corewell Health is committed to providing a safe environment for our team members, patients, visitors, and community. We require a drug-free workplace and require team members to comply with the MMR, Varicella, Tdap, and Influenza vaccine requirement if in an on-site or hybrid workplace category. We are committed to supporting prospective team members who require reasonable accommodations to participate in the job application process, to perform the essential functions of a job, or to enjoy equal benefits and privileges of employment due to a disability, pregnancy, or sincerely held religious belief.

Corewell Health grants equal employment opportunity to all qualified persons without regard to race, color, national origin, sex, disability, age, religion, genetic information, marital status, height, weight, gender, pregnancy, sexual orientation, gender identity or expression, veteran status, or any other legally protected category.

An interconnected, collaborative culture where all are encouraged to bring their whole selves to work, is vital to the health of our organization. As a health system, we advocate for equity as we care for our patients, our communities, and each other. From workshops that develop cultural intelligence, to our inclusion resource groups for people to find community and empowerment at work, we are dedicated to ongoing resources that advance our values of diversity, equity, and inclusion in all that we do. We invite those that share in our commitment to join our team.

You may request assistance in completing the application process by calling 616.486.7447.