Senior Sourcing Analyst
7 months ago
Description
Job Summary
The Senior Sourcing Analyst is responsible for overseeing and managing the sourcing activities for the company. This includes identifying new suppliers, managing supplier relationships, and negotiating contracts and agreements. The Senior Sourcing Analyst will also be responsible for mentoring Sourcing Analysts and ensuring that all sourcing activities are completed efficiently and effectively.
Essential Duties and Responsibilities
• Provide customer service to multiple parties, including but not limited to processing external and internal vendor purchase orders and material issuance daily, handling internal customer and vendor complaints, and helping to resolve billing issues or escalating, as necessary
• Identify new suppliers and manage supplier relationships
• Conduct ongoing business reviews to ensure suppliers are performing to contracted obligations and service levels
• Negotiate and process contracts and agreements
• Ensure standard process for all RFP’s and contract documentation are being followed by the business units and provide regular progress updates to business stakeholders
• Respond to questions from vendors, and internal business customers related to the request for information and/or proposal, and requisition process
• Maintain accurate records and reporting on sourcing activities
• Collaborate with internal stakeholders to understand their needs and identify opportunities for cost savings
• Analyze market trends and identifying potential cost savings
• Manage the day-to-day sourcing activities and coordinating with cross-functional teams
• Mentor and train junior sourcing associates on working with cross functional teams such as (SRM, Legal and Business Units) and on policies and procedures
• Ensure that all sourcing activities are completed efficiently and effectively
• Maintain relationships with potential and existing vendors, such as coordinating vendor presentations and conference calls
• Identify areas for process improvement and implement changes
• Manage risk and compliance with procurement policies and regulations
• Coordinate internal business unit and vendor execution of legal contracts, statements of work, change orders, addendums, and other required legal documents
• Perform other duties as assigned
Qualifications
Raymond James Guiding Behaviors
At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
• Grow professionally and inspire others to do the same
• Work with and through others to achieve desired outcomes
• Make prompt, pragmatic choices and act with the client in mind
• Take ownership and hold themselves and others accountable for delivering results that matter
• Contribute to the continuous evolution of the firm
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