Purchasing and Sourcing Senior Analyst
1 week ago
We are seeking a detail-oriented, analytical and adaptable Purchasing & Sourcing Senior Analyst to support internal and external stakeholders through accurate reporting, effective procurement strategies and cross-functional collaboration. The role is critical in ensuring timely and cost-effective sourcing of products while maintaining strong communication with both our parent company overseas as well as domestic vendors. The ideal candidate is a strong communicator who excels at working both independently and within a team, can prioritize in urgent situations and continuously seeks to improve efficiency in purchasing operations.
Job DescriptionCommunicate with purchasing team and product management teams to identify and prioritize items in need of procurement/sourcing. Strive to understand the market and conduct market research when necessary. Establish materials and purchasing plans and carry out purchasing work through affiliates and non-affiliates. Procure and manage supporting materials purchased through affiliates and non-affiliates. Create business reports that provide insight into key data points after analysis and collection. Synthesize internal and external information sources, including ERP data, competitor communications, and market research, to identify behavioral patterns and strategies and develop recommendations and actionable insights. Communicate data analysis results to managers in written and verbal form and provide suggestions based on results. Key reporting on a weekly/monthly/quarterly basis. Develop annual sales plans by analyzing market trends, competitor activities and economic factors. Analyze metrics and design reports to help the company make important business decisions. Provide competitive analysis of market offerings from various companies and identify market trends, pricing/business models, sales and operating methods. Communicate, liaise and collaborate with the parent company located in Korea and develop plans to refine strategies and analyze business proposals. Understand the new product development process and effectively improve internal communication within the project. Fulfills special project requests from the CEO, internal/external executives, and other departments. Assist and support internal and external team members, management and customers. Maintain up-to-date knowledge of the industry, related industries, markets, products, competitors, customers, etc. Build effective working relationships with team members and outside vendors. Ability to multitask and adapt to changes in workload, assignments and priorities to meet deadlines Ability to work both independently and in a team environment. Utilize inventory planning and forecasting to determine optimal stock level projections. Identify specific items that pose potential urgency and communicate with vendors and internal teams to expedite shipments. Collaborate with other departments to provide usage and stock projection reports to project future inventory needs.
Qualifications5-7 years of experience in purchasing/sourcing. Analytical techniques that enable the development of data-driven report. Intermediate: Excel, PowerPoint, Word, Outlook. Ability to solve problems and provide analysis. Ability and willingness to learn and maintain technical product information and sales procedures Strong customer service and communication skills to effectively connect data with colleagues and outside vendors. Works overtime as needed and as requested to complete job duties. Bilingual in Korean/English.
Preferred Qualifications:
Native proficiency in Korean is strongly preferred. Bachelor's degree or related degree in business, marketing, finance, or related field. Experience with CRM and SAP Resource Management programs. Familiarity with water heater/boiler/HVAC field a plus.
All your information will be kept confidential according to EEO guidelines.
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