Strategic Sourcing Analyst

Harvard UniversityCambridge, MA
Hybrid

About The Position

The Strategic Sourcing Analyst supports the end-to-end sourcing process by conducting supplier qualification and due diligence, issuing RFIs/RFQs, and analyzing supplier proposals for price, delivery, and compliance with requirements. This role researches market and industry trends to identify sourcing opportunities and risks, contributes to spend analysis and savings calculations, and applies basic total cost of ownership (TCO) principles to recommendations. The analyst collaborates with cross-functional stakeholders to refine specifications, supports contract execution and documentation, assists in drafting SLAs and performance metrics, and helps resolve routine supplier disputes. The position is responsible for preparing reports, presentations, and first-draft sourcing recommendations for management review, as well as tracking and reporting supplier performance and participating in business reviews. The Strategic Sourcing Analyst also supports audits, supplier meetings, and special projects, while continuously developing procurement and sourcing skills through intermediate-level professional development.

Requirements

  • Bachelor’s degree or equivalent work experience required
  • Minimum of 7 years’ relevant work experience
  • Strong analytical and communication skills, attention to detail, and the ability to collaborate with internal stakeholders and suppliers are essential for success in this role.
  • Strong organizational, analytical, time management skills
  • Self-motivated, takes initiative and can effectively organize, multi-task and prioritize a wide array of initiatives
  • Comfortable communicating with internal stakeholders at various levels and with external suppliers
  • Ability to manage multiple priorities and track progress on assignments
  • Demonstrated ability to work effectively both independently and as part of a team
  • Willingness to learn and adapt in a fast-paced environment.

Nice To Haves

  • Basic understanding of procurement, sourcing, or supply chain best practices are preferred

Responsibilities

  • Conduct straightforward supplier qualification and due diligence
  • Analyze market and supplier data to make recommendations and set team priorities
  • Issue RFIs/RFQs and compiles price comparison sheets
  • Research industry trends to identify potential sourcing opportunities and risks
  • Analyze offers for price, delivery, and alignment to requirements
  • Coordinate with cross-functional teams for input on specifications
  • Escalate supplier risks and non-compliance to management
  • Communicate with suppliers to clarify or negotiate routine terms
  • Utilize basic total cost of ownership (TCO) considerations
  • Prepare and distribute regular reports on sourcing activities, savings, and spend
  • Prepare first-draft sourcing recommendations for manager review
  • Support contract execution and document management
  • Assist in drafting SLAs and performance metrics
  • Prepare presentations on supplier proposals
  • Tracks and reports supplier performance data
  • Participates in supplier business review sessions
  • Contributes to spend analysis and basic savings calculations
  • Collaborates in resolving supplier disputes
  • Provides feedback for process improvement and streamlining
  • Supports the development and implementation of sourcing strategies
  • Participates in audits or internal reviews related to procurement
  • Coordinates logistics for supplier meetings, evaluations, and site visits
  • Supports ad-hoc projects as assigned by sourcing managers or leadership
  • Complete intermediate procurement or sourcing professional development courses

Benefits

  • Generous paid time off including parental leave
  • Medical, dental, and vision health insurance coverage starting on day one
  • Retirement plans with university contributions
  • Wellbeing and mental health resources
  • Support for families and caregivers
  • Professional development opportunities including tuition assistance and reimbursement
  • Commuter benefits, discounts and campus perks
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