Strategic Sourcing Analyst Position
2 weeks ago
National DCP, LLC is seeking a highly skilled Strategic Sourcing Analyst to join our dynamic team. As a Strategic Sourcing Analyst, you will be responsible for sourcing, bid, and pricing analysis, as well as the administration and maintenance of monthly pricing, contract monitoring, and invoice reconciliations.
Responsibilities:- Support the Strategic Sourcing Team through data gathering and analytics.
- Prepare and analyze Request for Information, Request for Proposal, and Request for Quote.
- Develop relationships in the marketplace to understand and stay abreast of industry changes.
- Research and evaluate suppliers based on price, quality, selection, service, support, availability, reliability, production, and distribution capabilities.
- Monitor and report on cost trends for key commodities and ingredients impacting product categories.
- Work with suppliers and inventory management to resolve supply challenges in a timely manner.
- Identify and immediately communicate product cost impacts to Category Managers.
- Work cross-functionally to track Sourcing savings throughout the year.
- Reconcile and validate contract prices while supporting Finance with invoice discrepancies.
- Conduct all activities associated with analysis around pricing, invoicing, year-over-year reporting.
- Update systems and communicate monthly and quarterly price changes to Sourcing, Inventory, and Finance teams.
- Work with suppliers and Accounts Payable to resolve pricing issues in a timely manner.
- Work with Transportation in determining optimal delivery terms, rates, and freight class.
- Maintain a current level of knowledge for responsible product lines in order to assist in identifying cost, vendor, and product opportunities.
- Support the Category Managers with various projects and ad hoc reports.
- Maintain confidentiality concerning all pricing and technical information regarding NDCP products and those submitted by suppliers to preserve a positive business reputation and to obtain competitive pricing.
- Promote the achievement of corporate goals and objectives by cultivating a thorough understanding of NDCP's mission statement and relating it to member's needs.
- Bachelor's in Business, Supply Chain, Finance, or other equivalent experience.
- 0-3 years of experience in Supply Chain or Finance.
- Proficiency in Microsoft Office products required. Advanced knowledge of Excel and Access.
- SAP and Ariba experience, preferred.
- Demonstrated ability to work in a fast-paced, dynamic environment following direction in an independent manner.
- Ability to multi-task and manage several projects at a time and quickly switch direction as needed.
- Strong analytical and research skills, high attention to detail, excellent written and verbal communications skills.
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Strategic Sourcing Analyst
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