Strategic Sourcing Category Management Analyst
3 weeks ago
Support the day to day execution of strategies for assigned categories and focus on reducing organizational spend to improve savings and enhancing relationships with business stakeholders and suppliers. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion, and safety.
Responsibilities
- Tactical Sourcing
- Design and execute sourcing events for pertinent category
- Utilize available e-sourcing and optimization tools efficiently
- Develop different award optimization scenarios to minimize total cost of ownership
- Respond to supplier and stakeholder questions (e.g. category, supply, event, price, or specification)
- Support the execution of supplier financing programs maintaining a holistic view of early payment and accounts payables programs
- Prepare planning guide to facilitate the completion of the negotiation and support where needed
- Sourcing Analysis
- Conduct opportunity assessments, benchmarking, and should cost modeling to develop sourcing opportunities
- Prepare category improvement projections and conduct post-implementation variance analysis
- Identify total internal costs associated with supplier price, delivery, operations and quality
- Quantify the overall total ownership cost of each product or service to identify cost savings
- Contract Management
- Work with the contract management team in the administration of contract data, addendums, item master sheets, and additional supplier documentation
- Supplier Relationship Management
- Support category managers in the development of supplier performance/continuous improvement targets and related scorecards
- Work with the SRM team in the administration of supplier assessments, score cards, and other analytics to manage supplier performance
- Benefit Tracking
- Partner with the KPI & Benefits team to develop a tracking mechanism to report and communicate the savings achieved
- Additional Support
- Support other initiatives / projects in the company that may affect organization's performance and collaborate with necessary stakeholders
- Support talent development framework and proven experience in creating/maintaining training curriculum
- Must be able to perform the essential functions of this position with or without reasonable accommodation
Qualifications
Minimum
- Bachelor's degree in Business Management, Supply Chain, Operations, Finance, CPG, or similar
- 1-year professional experience in procurement activities
- Ability to identify, quantify and effectively communicate business risks
- Self-starter, ability to work independently in a fast-paced environment while delivering solid action-oriented results quickly
- Analytical skills with the ability to identify, quantify and effectively leverage data to support business decisions, communicate opportunities and/or raise business risks
- Ability to monitor compliance with established guidelines, policies, procedures, and regulations
- Advanced Microsoft Office skills (Word, Excel, PowerPoint, Outlook, Vizio)
- Ability to synthesize analysis into compelling oral and written communications and presentations
Desired
- CPM/CPSM, CSCP or equivalent certification
- Expertise in Microsoft Office, data visualization tools
- 1-year professional experience in Procurement, Supply Chain, Manufacturing, or Retail
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