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Sourcing and Procurement Analyst
2 months ago
Position Overview:
The Sourcing and Procurement Analyst plays a crucial role in optimizing the Total Cost of Ownership (TCO) associated with plant acquisitions, directly influencing the competitiveness of the facility.
This role entails a professional approach to sourcing the necessary goods and services identified at the plant level. It involves fostering collaboration between procurement and plant departments on initiatives aimed at minimizing TCO, leading sourcing efforts for lower-value expenditures, and ensuring adherence to procurement policies and procedures.
Key Responsibilities:
- Proactively gather and assess future requirements for goods and services.
- Develop Requests for Information (RFI), Requests for Proposals (RFP), and Requests for Quotations (RFQ) for both new and existing products.
- Coordinate and oversee supplier visits to the facility, contributing to the preparation of proposals for capital expenditure and maintenance projects.
- Negotiate purchases at the plant level for lower-value expenditures, while exploring alternative local suppliers and options for goods and services.
- Establish strong collaboration with Accounts Payable, Purchasing Operations Team, and Master Data Management (MDM) team.
Act as a liaison for the plant in the event of any issues arising during projects, serving as the first point of escalation with suppliers.
Support the execution of procurement strategies by ensuring the effective use of preferred suppliers and proactively aligning stakeholders and necessary internal support for successful project execution.
Qualifications:
- A comprehensive understanding of key financial and quantitative metrics, with the ability to leverage financial and quantitative analysis to assess strategic options and opportunities.
- Demonstrated project management capabilities to ensure compliance with project and program standards.
- Strong interpersonal skills for effective interaction with internal customers and suppliers.
- Proven ability to proactively address issues with vendors and internal stakeholders using organizational insight and robust analytical and problem-solving skills.
- Experience with SAP systems.
- Advanced analytical skills and proficiency in Microsoft Excel.