Sourcing Analyst

Mg Staffing Group

11d • Onsite

About The Position

Develop and maintain strong internal and external relationships with key business partners and suppliers. Lead spend analysis and cost optimization initiatives across assigned categories; identify, track, and report savings opportunities. Support the Senior Sourcing Manager by compiling, organizing, and analyzing data for end\-to\-end sourcing events (RFQ, RFP, RFI). Develop, maintain, and monitor supplier performance scorecards; drive supplier relationship management (SRM) and continuous improvement initiatives. Support supplier risk assessments by monitoring Business Continuity Plans (BCPs) and ensuring at\-risk suppliers complete required milestones. Manage supplier escalations and negotiateF; negotiate tradeoffs to reduce risk of line\-down or supply interruptions. Negotiate unfavorable price variances and tariff impacts with suppliers to minimize impact to P&L. Support S&OP meetings with top suppliers by compiling data, updating KPIs and scorecards, capturing meeting notes, and tracking action items. Analyze internal data and market intelligence to support development of supplier negotiation strategies and cost\-reduction initiatives. Support compliance\-related sourcing projects led by the Senior Sourcing Manager. Support New Product Development (NPD) sourcing activities, as required.

Requirements

• Minimum of 3 years of relevant experience in procurement, logistics, or supply chain within a high-volume manufacturing environment.
• Bachelor’s degree in Finance, Business, Engineering, Operations Management, or a related field.
• Demonstrated ability to influence and collaborate across functions.
• Strong analytical skills with the ability to absorb information and solve complex problems efficiently.
• Solid knowledge of sourcing and procurement procedures.
• Proficiency in Microsoft Office applications (Excel, PowerPoint, Word).

Nice To Haves

• Experience in Procurement, Operations, Logistics, Planning, and Forecasting.
• Financial management experience, including budget development and cost control.
• SAP experience strongly preferred.

Responsibilities

• Develop and maintain strong internal and external relationships with key business partners and suppliers.
• Lead spend analysis and cost optimization initiatives across assigned categories; identify, track, and report savings opportunities.
• Support the Senior Sourcing Manager by compiling, organizing, and analyzing data for end-to-end sourcing events (RFQ, RFP, RFI).
• Develop, maintain, and monitor supplier performance scorecards; drive supplier relationship management (SRM) and continuous improvement initiatives.
• Support supplier risk assessments by monitoring Business Continuity Plans (BCPs) and ensuring at-risk suppliers complete required milestones.
• Manage supplier escalations and negotiateF; negotiate tradeoffs to reduce risk of line-down or supply interruptions.
• Negotiate unfavorable price variances and tariff impacts with suppliers to minimize impact to P&L.
• Support S&OP meetings with top suppliers by compiling data, updating KPIs and scorecards, capturing meeting notes, and tracking action items.
• Analyze internal data and market intelligence to support development of supplier negotiation strategies and cost-reduction initiatives.
• Support compliance-related sourcing projects led by the Senior Sourcing Manager.
• Support New Product Development (NPD) sourcing activities, as required.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level