Quick overview
Job description
We are seeking a Senior Sourcing Analyst to join our team and play a key role in supporting our sourcing, procurement, and sales teams. As a Senior Analyst - Sourcing you will be responsible for leading implementation of new supply chain initiatives, contract administration, and negotiation of specific strategic commodity categories. You will collaborate with supply chair director during new business implementation and existing business expansion. You will act and serve as primary contact to current and potential outside suppliers and manages supply chain processes, including development of inventory strategy, including effective and efficient continuous improvement.
Responsibilities:
- Independently negotiates contract elements, including terms and conditions, pricing, and lead-time.
- Manages suppliers’ performance, including support, development and monitoring of supplier performance metrics.
- Negotiates expected supplier performance metrics and develops and administers corrective action plans for performance failures.
- Prepares, distributes and awards request for quotation blankets and reviews expiring blankets for re-bid.
- Obtains pricing and completes analysis for market baskets to win new business or expand existing business.
- Maintains all information and data entered into purchasing database.
- Drives suppliers to electronic and automated interface and analyzes spend and product mix for standardization opportunities.
- Serves as customer lead and alliance manager for any and all supply chain issues.
- Develops and maintains professional knowledge regarding the market drivers, market trends, economic forecasts, supplier base, and competitive intelligence.
- Analyzes material demand and determines inventory strategy or alternative supply chain strategies for maintaining high material availability at the lowest total ownership costs.
- Serves as team leader for supplier negotiations, engineering standardization meetings, category strategy development, etc and leads implementation of solutions and action plans.
- Provides leadership, coaching, guidance and training to sourcing analysts.
- Participates in new customer start-ups and implementations.
- Ensures commodity and inventory strategies are aligned with key customer initiatives and metrics.
Qualifications:
- Bachelors’ Degree in Business or related required.
- CPM, CPSM certification preferred.
- 4 years required, 6 years preferred of related work.
- 2 years required; 4 years preferred of sourcing experience.
- Purchasing and ERP systems (Citrix, MAPS, PassPort, E-max).
- Strong computer skills, including MicroSoft Office.
- Strong contract negotiation skills and implementation.
- Robust knowledge of supply chain management, customer service, and vendor management.
- Strong performance management and negotiation skills.
- Established business acumen, customer awareness, and ability to create value.
- Ability to manage conflict, build consensus, establish trust, communicate effectively, and foster cultural change.
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