Sourcing Analyst

Role Summary

The Sourcing Analyst sits within the Direct Materials sourcing team and provides support to Category Managers on savings, reporting, metrics, contracting and supplier relationship management. This role supports supplier oversight activities under guidance of senior team members and reports to the Associate Director, Global Strategic Sourcing, Direct Materials within Global Business Services.

Responsibilities

• Performs analysis and reporting of savings tracking and category performance management. Assists in developing procedures and tools to support the process and makes system updates as needed.
• Supports Category Management strategy planning by providing data analysis and preparing templates and reports.
• Establishes templates and reporting capabilities for Direct Materials Category Management in collaboration with team members.
• Assists in sourcing, negotiating, and contracting strategies to achieve category goals, following established guidelines and processes.
• Supports category implementation by contributing to the development of the sourcing strategy and ensuring alignment with defined criteria.
• Assists in supplier management activities (e.g., business continuity, risk, QBRs, forecasts review, capacity planning), ensuring appropriate oversight, direction, and development by following established processes and providing input as needed.
• Performs pricing updates and cost modeling in alignment with Category Management teams to support business cases and ongoing what-if scenario building for category strategy development and sourcing efforts.
• Monitors the market to identify trends and supports market studies initiated by senior team members.
• Leads low-medium complexity events/projects in line with category segmentation under the direction of senior team members.
• Maintains information for assigned suppliers such as gathering and issuing forecasts, sourcing rules and adding/updating item information in Oracle system.

Qualifications

• 2+ years of experience in a related role
• Enhanced data analytics skills ‚Äì ability to combine and analyze spend, forecast and external opportunities using MS Excel, Power BI, Business Objects, and Tableau to generate clear reports supporting Category Managers on developing category strategies and analytics for contract negotiations
• Demonstrated experience in strategic sourcing; preferably category subject matter expertise in Direct Materials
• Strong research, analytical and problem-solving skills
• Experience with negotiation of contract and commercial terms and conditions (preferred)
• Demonstrated understanding of cost modelling and associated tools
• Ability to work effectively across functions
• Ability to organize and analyze large volumes of data to draw effective conclusions
• Ability to gather relevant information from internal and external sources to research, analyze, form insights and resolve issues

Preferred

• Knowledge of the Source-to-Pay process
• Working knowledge of Oracle or equivalent EBS and ability to update EBS Settings (Define sourcing rules, sourcing assignments, fixed lot multipliers, lead times)
• Ability to generate metrics and gather internal feedback on supplier performance related to periodic business reviews
• CPSM certification

Education

• Bachelor‚Äôs degree or the equivalent combination of education and experience required