Senior Analyst - Sourcing

Wesco•Glenview, IL
•$74,285 - $118,856

About The Position

As a Senior Analyst - Sourcing, you will lead the implementation of new supply chain initiatives, administer contracts, and negotiate specific strategic commodity categories. You will collaborate with the supply chain director during new business implementation and existing business expansion. You will serve as the primary contact for current and potential outside suppliers and manage supply chain processes, including inventory strategy development and continuous improvement. You will lead supplier negotiations, engineering standardization meetings, category strategy development, and implementation of solutions and action plans. The role also provides leadership, coaching, guidance, and training to sourcing analysts, and participates in new customer start-ups and implementations. Commodity and inventory strategies must align with key customer initiatives and metrics.

Requirements

  • Bachelor’s degree in Business or a related field.
  • Four years of related work experience required.
  • Two years of sourcing experience required.
  • Experience with purchasing and ERP systems, including Citrix, MAPS, PassPort, and E-max.
  • Strong computer skills, including Microsoft Office.
  • Strong contract negotiation and implementation skills.
  • Robust knowledge of supply chain management, customer service, and vendor management.
  • Strong performance management and negotiation skills.
  • Business acumen, customer awareness, and ability to create value.
  • Ability to manage conflict, build consensus, establish trust, communicate effectively, and foster cultural change.

Nice To Haves

  • CPM or CPSM certification preferred.
  • Six years of related work experience preferred.
  • Four years of sourcing experience preferred.

Responsibilities

  • Independently negotiate contract elements, including terms and conditions, pricing, and lead times.
  • Manage supplier performance, including supplier support, development, and monitoring of performance metrics.
  • Negotiate expected supplier performance metrics and develop and administer corrective action plans for performance failures.
  • Prepare, distribute, and award request-for-quotation blankets, and review expiring blankets for rebid.
  • Obtain pricing and complete market-basket analysis to win new business or expand existing business.
  • Maintain information and data in the purchasing database.
  • Drive suppliers toward electronic and automated interfaces, and analyze spend and product mix for standardization opportunities.
  • Serve as customer lead and alliance manager for supply chain issues.
  • Maintain professional knowledge of market drivers, trends, economic forecasts, the supplier base, and competitive intelligence.
  • Analyze material demand and determine inventory or alternative supply chain strategies to maintain material availability at the lowest total ownership cost.
  • Lead supplier negotiations, engineering standardization meetings, category strategy development, and implementation of solutions and action plans.
  • Provide leadership, coaching, guidance, and training to sourcing analysts.
  • Participate in new customer start-ups and implementations.
  • Ensure commodity and inventory strategies align with key customer initiatives and metrics.

Benefits

  • Eligible employees may receive paid time off, medical, dental, and vision coverage, and retirement savings plans.
  • Eligible positions may include participation in a bonus or sales incentive plan, subject to the applicable plan terms and conditions.
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