Sourcing Analyst III Role

4 days ago


Princeton, New Jersey, United States Tandym Group Full time
Tandym Group is a leading pharmaceutical organization based in New Jersey, seeking an experienced Sourcing Analyst III Role. As part of our growing team, you will play a crucial role in supporting procurement and strategic sourcing projects. With your analytical skills and market expertise, you will analyze data related to supplier performance, cost, and market trends. Your responsibilities will include conducting market research, supporting supplier selection and relationship management, developing and implementing sourcing strategies, identifying cost-saving opportunities, negotiating contracts, and ensuring compliance with company policies and regulations.

Key Responsibilities:
  • Conduct thorough market research to identify potential suppliers, market trends, and pricing benchmarks.
  • Support the evaluation and selection of suppliers, as well as their ongoing relationship management.
  • Collaborate in the development and implementation of sourcing strategies that align with business objectives.
  • Identify areas for cost savings through negotiations, alternative sourcing options, and process improvements.
  • Negotiate contracts with suppliers, including terms, pricing, and service levels.
  • Ensure all sourcing activities comply with company policies and legal regulations.

Requirements:
  • Bachelor's degree in Supply Chain Management, Business, Finance, or a related field.
  • At least 5 years of experience in Indirect Sourcing, Procurement, or Supply Chain Project Management roles.
  • Detailed knowledge of Procurement processes, Contract Management, and Supplier Negotiations.
  • Excellent communication and interpersonal skills.
  • Ability to work in a fast-paced environment and perform other duties as needed.


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