Strategic Sourcing Analyst

2 months ago

Smithfield, United States Smithfield Foods Full time

If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub. A great job-and a great future-awaits you at Smithfield Foods. We are an American food company with a leading position in packaged meats and fresh pork products. We're looking for motivated people who want to join our team and grow lasting and meaningful careers with us. Apply Now Your OpportunityOur team members receive industry-competitive salaries and are eligible for great benefits packages:Competitive PayAnnual Bonus Earning PotentialComprehensive Health Insurance, Retirement Benefits and MoreOpen to moving? We will help Ask about our Relocation Assistance packagesEducation benefits available to full and part-time Smithfield team members on their first day of employment.In addition, we offer opportunities for career growth, professional development, and tuition assistance.Join our dynamic and innovative team where your strategic expertise in sourcing will be influential in driving efficiency and success. We are committed to excellence, sustainability, and growth, seeking a Strategic Sourcing Analyst to support our efforts in optimizing sourcing strategies and maximizing value within ingredients.The Strategic Sourcing Analyst will be responsible for developing and conducting sourcing projects including but not limited to RFQ data management, data analysis, spend reporting, market analysis, bid analysis and overall supporting the category management team in day-to-day tasks for various ingredient categories.Core ResponsibilitiesAssist in strategy development and execution for ingredients, considering market dynamics, cost drivers, risk management, and internal requirements.Analyze procurement data, market trends, and supplier performance metrics to provide insights and recommendations for optimizing sourcing strategies.Participate in RFQ activities, such as, collecting requirements, bid publication, collection, analysis, and awards.Identify, evaluate, and onboard suppliers/vendors that align with quality standards, cost efficiency, and organizational goals.Conduct comprehensive market analysis, forecasting, competitive benchmarking, and industry analysis to identify emerging opportunities or risks.Work on projects to identify cost reduction opportunities, analyze cost structures, and contribute to cost savings and avoidance targets.Collaborate with R&D, Purchasing, Business Management, and Quality teams to align projects and strategies with organizational objectives.Prepare reports, documentation, and presentations for management.Ensure compliance with relevant regulations, industry standards, and company policies in all sourcing activities.The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned. Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals to perform the essential functions. Bachelor's degree from an accredited four-year college or university and 2+ years' relevant sourcing experience; or equivalent combination of education and experience, required.Experience in ingredient procurement strongly preferred.Strong analytical skills with the ability to interpret complex data and market trends.Demonstrated ability to work independently and collaboratively in a dynamic, fast-paced environment.Established proficiency in SAP, Microsoft Office Suite, especially Excel and PowerPoint.Experience with e-sourcing tools such as Workday, Coupa, and Ariba, preferred.Proven problem solving and decision-making skills, analytical and interpersonal skills.Must be able to travel up to 5-10% of the time. IndSPR-Corp EEO/AA InformationSmithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.

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