Sourcing Analyst
6 months ago
Overview
The Sourcing Analyst will apply analytical and critical thinking skills to solve complex business challenges and deliver the most effective analyses and recommendations to support corporate sourcing activities such as RFP analysis, supplier performance analysis, and market position will partner with Category Managers to support RFP development, vendor negotiations and selection, and execution of contracts across all indirect procurement categories – ultimately assisting in the cost efficient sourcing of goods and services across the position will also support spend visibility, vendor management, and contract management processes.
The Strategic Sourcing Group within the Procurement Department is a cross-functional capability that collaborates with various internal departments and stakeholders to provide procurement and sourcing support to all indirect departments of Burlington Stores. The Procurement Team collectively manages indirect spend and approximately 300 projects annually.
A Day In The Life:
Strategic Sourcing Strategy and Insights:
Use insights from stakeholder and vendor discussions, market research, and strong understanding of business initiatives – along with structured information analyses – to inform procurement strategy and decision-making
Assist with the development of Requests for Proposals (RFPs) and other sourcing events
Evaluate products and services for overall value (including price, quality, key performance indicators, service levels,
Obtain quotes, conduct cost analyses, and negotiate prices and service levels as assigned
Manage projects end to end (requirements gathering, sourcing, savings analysis, contracting,project completion)
Maintain contact with suppliers through meetings and site visits as needed
Best Practice and Analytical Contribution:
Work with internal clients to integrate the procurement process and policies into regular business practice
Help drive best-in-class analytical practices with a high commitment to excellence
Continuously analyze spend data to support Category Managers in identifying opportunities to generate savings in the indirect spend categories
Assist in the resolution of payable issues, outstanding items, damaged goods, and incorrect shipments
Assist the Procurement Team with other duties and special projects
Skills and Abilities:
Self-motivated with a proven track record of setting and accomplishing goals while operating independently
Strong analytical skills and ability to identify key trends, root causes, and the ability to draw conclusions and propose solutions based on evidence
Excellent organization skills with the ability to multi-task, prioritize, and manage time in a fast-paced work environment
Flexible and adaptive, able to adjust to multiple and conflicting demands
Proven understanding of finance and accounting concepts
Strong fact-based decision making skills
Outstanding written and verbal communication skills with the ability to influence others
Ability to manage cross-functional projects supporting multiple stakeholders
Strong sense of teamwork and cross-functional skills
Positive, can-do attitude with outside-the-box thinking to help solve business challenges
Team Development and Core Values:
Accountability for key results and deliverables
Highest personal and professional integrity
Data, process, and results driven
Ability to manage through conflict and problem resolution
Ability to evaluate, strengthen, and optimize people, processes, systems, and reporting
You'll Come With:
Education: Four (4) year degree or five plus (5) years of experience in a similar role required; degree with an emphasis in Supply Chain, Procurement, Finance, Mathematics, or MIS preferred
Minimum 1-3 years of experience in Procurement, Financial Accounting, Supply Chain, or relevant analytical role in a fast-paced business environment
1-3 years of experience using data systems such as MS Excel required: MS Access, SAS, or equivalent statistical data analysis or business intelligence platform experience a plus; SQL, VBA, and/or applicable script writing experience a plus
Experience with Procurement Process, Contract Management, Vendor Management, and Negotiations is a plus
Come join our team. You’re going to like it here
You will enjoy a competitive wage, flexible hours, and an associate discount. Burlington’s benefits package includes medical, dental and vision coverage including life and disability insurance. Full time associates are also eligible for paid time off, paid holidays and a 401(k) plan.
We are a rapidly growing brand, and provide a variety of training and development opportunities so our associates can grow with us. Our teams work hard and have fun together Burlington associates make a difference in the lives of customers, colleagues, and the communities where we live and work every day.
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