Strategic Sourcing Analyst

McGraw Hill LLC. • UNAVAILABLE, UNAVAILABLE

4d • Remote

About The Position

McGraw Hill is seeking a Strategic Sourcing Analyst to join its Global Procurement team. The position is part of the Strategic Sourcing organization, which works to deliver enterprise value through disciplined sourcing, market insight, and business partnership. The analyst supports indirect procurement initiatives by turning data into actionable insights, researching markets and suppliers, and preparing structured materials for sourcing decisions. The role helps ensure sourcing activities are documented, compliant with procurement governance, and positioned to deliver measurable outcomes. Success relies on accurate analysis, dependable execution, and proactive collaboration with Finance, Legal, Procurement Operations, and business teams.

Reporting to a Manager of Strategic Sourcing, the analyst works remotely from a home office and may travel three to four times per year for in-person meetings. Applicants must be authorized to work for any employer in the United States.

The role includes developing understanding of assigned categories and supplier markets; gathering benchmarks and market information; supporting sourcing events and commercial negotiations through analysis and documentation; coordinating stakeholder inputs; conducting spend analysis and pricing comparisons; maintaining sourcing dashboards and tracking tools; and following procurement governance and documentation requirements. The analyst is also expected to demonstrate accountability, curiosity, continuous learning, and a commitment to improving team tools and practices.

The annual pay range is $62,000–$80,000. Base pay may vary based on job-related knowledge, skills, experience, and location. A full range of medical and/or other benefits is offered as part of the employment package.

Requirements

• Bachelor’s degree in Business, Finance, Supply Chain, Economics, or a related field, or equivalent experience.
• At least 2 years of relevant experience in analytics, procurement, sourcing, finance, or a related discipline.
• Strong attention to detail and commitment to data accuracy.
• Ability to structure analysis and communicate findings clearly and concisely.
• Proficiency with Microsoft Office tools, including Excel, PowerPoint, and Word; comfort working with data sets and dashboards.
• Ability to coordinate multiple tasks, meet deadlines, and work effectively in a team environment.
• Professional communication skills and an orientation toward customer and stakeholder support.
• Willingness to learn procurement policies, basic commercial terms, and sourcing governance expectations.
• Authorization to work for any employer in the United States.

Nice To Haves

• Exposure to sourcing tools, contract repositories, or procurement workflows.
• Foundational understanding of commercial and contractual terms and ability to support negotiation activities through analysis, documentation, and coordination with Legal and stakeholders.
• Experience with basic financial modeling or spend analysis techniques.

Responsibilities

• Build foundational knowledge of assigned categories, supplier landscapes, and market dynamics; maintain category and supplier profiles.
• Gather and synthesize market information, including benchmarks, trends, and cost drivers, to support category planning and sourcing events.
• Support RFI, RFP, and RFQ sourcing events by preparing bid comparisons, pricing summaries, and evaluation templates.
• Support contract negotiations through analysis, documentation, and comparison of commercial terms, under senior team guidance and in partnership with Legal.
• Document commercial terms, assumptions, and recommendation rationale for stakeholder review.
• Respond clearly and professionally to internal stakeholder and team-leader requests; communicate status and dependencies.
• Coordinate inputs from Finance, Legal, Risk, Procurement Operations, and other cross-functional partners to support sourcing timelines and deliverables.
• Perform spend analysis and basic pricing comparisons, validate data integrity, and resolve discrepancies.
• Build and maintain dashboards and tracking tools for transparency into sourcing pipeline, status, and outcomes.
• Follow procurement policies and governance standards, ensuring required documentation is complete, accurate, and audit-ready.
• Identify potential commercial or process risks during sourcing activities and escalate them appropriately.
• Demonstrate accountability, intellectual curiosity, and continuous learning; seek feedback to improve analytical quality and sourcing effectiveness.
• Contribute to team knowledge sharing by documenting and incorporating learnings into templates and tools.

Benefits

• A full range of medical and/or other benefits is offered as part of the employment package; specific benefits are not listed.

What This Job Offers

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