Sourcing Analyst
5 days ago
Senior Sourcing Analyst
12+Month Contract - Potential for Extension/Conversion
New York, NY (hybrid)
Our client is seeking a Senior Sourcing Analyst for a project-based role focusing on Cost of Goods (COGS) reduction initiatives, starting immediately. This is a GREAT "foot-in-the-door" opportunity with a very well-known brand
The role involves working closely with cross-functional teams to manage and implement COGS projects within the Beauty Sourcing team.
Responsibilities:
- Support COGS initiatives, exploring cost competitiveness with new and existing vendors.
- Scope and validate initiatives, including competitive quoting and costing.
- Manage COGS projects to ensure effective progress and results.
- Facilitate Value Engineering (VE) brainstorm and ideation sessions.
- Analyze and mitigate cost increase requests, supporting negotiations.
- Maintain and track COGS initiatives with Beauty Ops & Brand partners.
- Reconcile unit volumes, rates, timing, and track overall progress of initiatives.
- Actualize and reconcile initiatives into Price Point Variance or Average Unit Cost.
- Support publication of results in coordination with Steering Committee and PPV Monthly Finance meetings.
Requirements:
- Strong organizational skills, drive, and excellent communication.
- Experience in Project Management and COGS reduction initiatives.
- Familiarity with the Beauty Industry - knowledge or experience in our beauty space that involves perfumes, lotions, body mists, etc
- Hybrid work setup with in-office presence approximately 40% of the time.
- 40 hours per week.
- Company-provided computer.
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