Sourcing Analyst

The Vincit Group•Chattanooga, TN

20h•Onsite

About The Position

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business. SUMMARY: Under direct supervision, completes and supports the sourcing and procurement processes for basic commodities. Assists with managing assigned projects and business unit collaboration. Assists with contract / PO administration and review. Processes ordering information under existing contracts (purchase orders, assignments, contract terms etc) and services procurement systems. ESSENTIAL DUTIES AND RESPONSIBILITIES: Gathers information, researches company sourcing needs, supports negotiation strategies, develops financial analysis, and supports Senior Sourcing Analysts Learns purchasing systems and ensures that buying procedures and systems are followed Inputs purchasing data to ensure automated purchasing procedures Creates and utilizes blanket purchase orders and processes purchase requisitions via purchase order or change orders Solicits bids, contracts, data, and other information from supplier and inputs into supply chain (SC) systems Manages buyer functions on less complicated commodity categories Assists with opportunity assessment of major categories and cost of ownership opportunities; analyzes key trends in global supply, profile market, and industry analysis Tracks and documents changes from process related to automation or other efficiency drivers Maintains database information and updates internal sourcing information such as historical bids/quotes, commodity price monitoring, and supplier lists, etc. Ensures that all record keeping systems work properly Prepares ad hoc reporting, real-time generation of standard and customized reports Assists on complex special projects and other assignments as directed

Requirements

Knowledge of standardized sourcing practices and procedures
Ability to prioritize, schedule, organize, focus on, and complete work
Bachelor's degree in a related field with one year of related experience, or equivalent combination of education and/or experience related to the discipline.
Abiity to read, analyze, and interpret business periodicals, professional journals, financial reports, and legal / shipping documents
Ability to write reports and business correspondence
Advanced negotiation skills and ability to gain concessions without damaging relationships
Ability to effectively present information to various groups
Knowledge of word processing, spreadsheet, and presentation software
Ability to work with financial systems
Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization may exist.
Ability to apply common sense understanding to carry out detailed written or oral instructions.
Ability to review financial and other business data, and to summarize that information for management.
Ability to understand when to seek help or notify management or supervisor
Ability to make changes to reports and make recommendations to solve internal issues or problems.
Ability to seek other options and weigh the advantages / disadvantages of each
Fiscal responsibility, a sense of ownership over company funds
Ability to sit up to 2/3 of the time and to stand, walk, and stoop up to 1/3 of the time.
Good vision and ability to adjust focus is required.
Manual dexterity is required.
Must occasionally lift and/or move up to 10 pounds.

Responsibilities

Gathers information, researches company sourcing needs, supports negotiation strategies, develops financial analysis, and supports Senior Sourcing Analysts
Learns purchasing systems and ensures that buying procedures and systems are followed
Inputs purchasing data to ensure automated purchasing procedures
Creates and utilizes blanket purchase orders and processes purchase requisitions via purchase order or change orders
Solicits bids, contracts, data, and other information from supplier and inputs into supply chain (SC) systems
Manages buyer functions on less complicated commodity categories
Assists with opportunity assessment of major categories and cost of ownership opportunities; analyzes key trends in global supply, profile market, and industry analysis
Tracks and documents changes from process related to automation or other efficiency drivers
Maintains database information and updates internal sourcing information such as historical bids/quotes, commodity price monitoring, and supplier lists, etc.
Ensures that all record keeping systems work properly
Prepares ad hoc reporting, real-time generation of standard and customized reports
Assists on complex special projects and other assignments as directed