Sr. Strategic Sourcing Analyst

Overview

The Senior Strategic Sourcing Analyst plays a key role in advancing sourcing execution across the organization. This role partners closely with Category Managers, Finance, and business stakeholders to deliver sourcing events, negotiate contracts, and provide insight-driven recommendations that influence supplier strategy and enterprise value. Operating with a high degree of independence, the Senior Analyst leads sourcing projects of medium to high complexity while managing a portfolio of renewals and tactical sourcing events with speed, accuracy, and sound judgment. This role also supports capability development within the Sourcing Hub through mentorship, process improvement, and consistent execution excellence. The Senior Analyst serves as the bridge between Sourcing Analysts and Category Managers, translating category strategy into actionable sourcing projects, ensuring operational excellence, and modeling the behaviors and standards of a high-performing sourcing organization.

Responsibilities

Lead Sourcing Execution: Independently manage a portfolio of concurrent sourcing projects, from renewals and tactical buys to medium- and high-complexity RFPs, ensuring accuracy, timeliness, and strategic alignment.

Lead Sourcing Events & Negotiations: Own end-to-end sourcing events across assigned categories. Gather business requirements, evaluate suppliers, negotiate commercial terms, and execute agreements that deliver best overall value.

Mentor & Develop Analysts: Provide coaching, feedback, and quality oversight to Sourcing Analysts. Share best practices, review sourcing deliverables, and help build team capability in tools, processes, and supplier engagement.

Partner Strategically with Stakeholders: Engage with internal partners to understand needs, clarify requirements, and influence sourcing decisions. Build trust and credibility by balancing urgency with strategic guidance.

Partner Closely with Finance: Collaborate with Finance to validate budgets, forecast savings, and provide clarity into contract financials and details. Ensure all sourcing decisions and agreements are financially accurate and aligned with spend budgets.

Analyze Spend & Supplier Performance: Develop deeper insights using spend data, supplier scorecards, and market benchmarks to identify cost-saving, efficiency, and consolidation opportunities. Present findings and recommendations to category and business leaders.

Negotiate & Manage Supplier Relationships: Own direct negotiations for assigned categories and manage renewals or issue resolution with key suppliers. Apply strong commercial judgment to payment terms, risk, and service level commitments.

Drive Process & Tool Improvements: Contribute to the evolution of sourcing playbooks, templates, and tools. Recommend automation or process enhancements to improve quality, efficiency, and compliance.

Escalate & Govern Exceptions: Review requests outside of thresholds or sourcing policy, assess business justification, and partner with Category Managers or leadership for decision-making.

Champion Sourcing Excellence: Model professionalism, collaboration, and continuous improvement in every engagement. Help build a sourcing culture that prioritizes data-driven decision-making, financial partnership, and enterprise alignment.

Qualifications

At the Senior level, you'll demonstrate mastery of the core sourcing competencies; operating at an expert level in the key behaviors outlined for Sourcing Analysts, while expanding your impact through influence, independence, and systems thinking.

Expert Execution & Judgment: Applies sourcing expertise with autonomy, managing complex projects with balanced speed, accuracy, and commercial insight.

Strategic Financial & Commercial Acumen Partners with Finance and Category Managers to translate sourcing outcomes into tangible business value through savings, risk mitigation, and total cost management.

Influence & Executive Communication: Presents insights, recommendations, and sourcing outcomes clearly and persuasively to senior stakeholders, framing messages for alignment and action.

Enterprise Mindset & Business Alignment: Connects sourcing activity to broader business goals - understanding how spend, supplier performance, and category outcomes influence company strategy.

Continuous Improvement & Enablement: Improves sourcing processes, templates, and playbooks; mentors others to strengthen sourcing capability across the organization.

Cross-Functional Partnership: Collaborates seamlessly across functions to align sourcing, finance, and operational priorities. Balances stakeholder needs with enterprise objectives.

Professionalism & Integrity: Operates with discretion, sound judgment, and a high standard of ethics - modeling the professionalism expected of the sourcing function