Michael Lee
Strategic Sourcing Director @Elevance Health
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WORK HISTORY
Strategic Sourcing Director @Elevance Health
Led transition management, process improvement, and advancing procurement’s integration into business strategies. Actively identify and execute cost and consolidation plans for over 100 suppliers covering $150M in annual spend. Manage renewal and contract activities and supplier performance. Serve on C-suite level vendor business optimization and clinical partnership supplier strategy initiatives team. Manage categories for complex areas such as Behavioral Health, Musculoskeletal, and Employee Assistance Programs.§ Designed contract negotiation and approval process for Elevance’s intercompany procurement activity and transactions.§ Partnered with C-suite executives and created supplier strategies by providing thorough recommendations based on extensive research.§ Led redefinition of Beacon’s procurement process, policies, and procedures for sourcing and contracting activities, resulting in significantly more consistency and efficiency in contracting and negotiation requests.§ Automated Beacon’s contract management process and intake application used to assign work, produce reports to business constituents, and create performance metrics, resulting in faster turnaround for operational reporting.
EDUCATION
University of Michigan
Bachelor's Degree, Industrial Engineering
SKILLS
ABOUT MICHAEL LEE
17 years progressive responsibilities in enterprise strategic sourcing, procurement, supply chain strategy, spend analysis, and segmentation management as a professional and organizational leader. Significant experience in category management across numerous suppliers, leading enterprise-wide RFPs, supplier market intelligence, utilizing organizational change management, and relationship building at C-suite level. Expertise creating presentations for executives, leading to buy-in strategic decisions. Identified, negotiated, and implemented utilization management solution, resulting in $400M savings and consolidating over 100 Behavioral Health suppliers, covering $150M in spend, into an operational supplier strategy.Recognized for consistently achieving and exceeding goals under challenging time constraints while managing numerous competing priorities, developing relationships with all levels of diverse individuals internally with partners and externally with vendors/suppliers by quickly building rapport and trust. Considered “go to” for complex analysis, challenging problem-solving solutions, and process improvements that make user and partner interaction and operations experiences faster and easier while saving on costs.TECHNOLOGY SKILLS AND TOOLS § Microsoft Suite (Advanced Excel, Access, PowerPoint & Word), Visual Basic for Applications§ Ariba Category Management, Sourcing, Contract Management§ Domo Spend AnalysisChanges to make later:
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