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Sourcing and Procurement Analyst
2 months ago
Have you ever enjoyed a refreshing beverage from a glass container? If so, it was likely produced by us. We are O-I, the global leader in glass container manufacturing.
With over a century of expertise, O-I specializes in crafting high-quality, sustainable glass packaging for renowned food and beverage brands. Our product range includes packaging for beer, wine, spirits, food, non-alcoholic drinks, cosmetics, and pharmaceuticals.
Position Overview
The Sourcing and Procurement Analyst plays a crucial role in optimizing the Total Cost of Ownership (TCO) associated with plant purchases, directly influencing plant competitiveness. This role involves a strategic approach to sourcing goods and services at the plant level, 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 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 plant, contributing to the preparation of proposals for capital expenditures and maintenance projects.
- Negotiate purchases for lower-value expenditures at the plant level, exploring alternative local suppliers and options.
- Build strong partnerships with Accounts Payable, Purchasing Operations, and Master Data Management teams.
- Act as a liaison for the plant in addressing issues 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.
- Align stakeholders and secure necessary internal support for successful project execution.
- Solid understanding of key financial and quantitative metrics, with the ability to apply financial analysis to assess strategic options.
- Strong project management capabilities to ensure compliance with project and program requirements.
- Excellent interpersonal skills for effective interaction with internal stakeholders and suppliers.
- Proven ability to resolve vendor and internal customer issues using strong analytical and problem-solving skills.
- Experience with SAP systems.
- Proficient analytical skills with a strong command of MS Excel.
- Bachelor's degree in Supply Chain, Engineering, or a related technical field.
- 3-5 years of experience in procurement, preferably within a manufacturing context.
- 1-2 years of independent negotiation and purchasing experience.
- Experience in procurement negotiations, RFQs, and basic sourcing analysis.
O-I provides a comprehensive benefits package, including:
- Generous vacation and paid holiday time.
- Medical, dental, prescription, and vision coverage.
- Pre-tax accounts.
- Well-being programs with opportunities for employer contributions.
- Life and AD&D insurance.
- Disability insurance.
- 401(k) retirement savings plans with employer contributions.
- Access to financial advisors for retirement planning.
- Employee Assistance Program.