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Strategic Sourcing Analyst
3 weeks ago
Function:
- The Strategic Sourcing Analyst supports assigned category team(s) with strategic sourcing initiatives, spend analytics, preparation of category reviews and supplier scorecards, and reporting activities related to capacity, cost, risk, and supplier performance management.
- May support other strategic sourcing and continuous improvement initiatives as required.
Roles & Responsibilities:
- Strategic Sourcing Initiatives
- Supports assigned category team(s) with preparing RFx packages
- Supports analysis of RFx responses from suppliers
- May conduct market research
- May support implementation of sourcing or supplier-related projects
- Spend Analytics
- Completes routine spend analysis for assigned category team(s), including preparing market maps and summarizing key trends for category leads
- Ensures accuracy of master data related to commodity classifications for designated category team(s)
- Conducts ad hoc spend analysis, including at the part, supplier, and sub-commodity level
- Category Reviews
- Supports assigned category team(s) with preparing annual category reviews as well as quarterly checkpoints
- Monitors key sources of commodity intelligence for assigned categories
- Reporting Management
- Capacity: complete capacity data reviews for assigned category team(s) to ensure data is accurate and complete
- Cost: support assigned category team(s) with tracking purchase price variance; may assist with cutover management planning; support identifying new cost reduction opportunities
- Risk: support administration of SCRM tool to ensure accuracy of data for assigned category team(s); may support specific risk mitigation projects
- Supplier Performance: supports preparation of supplier scorecards and supplier business reviews
- Contracts: may provide contract administration support
- Supports ad hoc strategic sourcing initiatives as required, which could include supporting IT/automation enhancements and testing, documenting processes, supporting compliance related requirements, conducting ad hoc supply chain analysis, and generating data visualizations or leadership-level presentations
- Identify continuous improvement opportunities
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