Strategic Sourcing Analyst - Hybrid
About The Position
Strategic Sourcing Analyst Basic Purpose Responsible for leading the RFx development, negotiation, and source selection process. Perform due diligence activities for potential vendors, issuing RFx's, conduct price analysis and negotiation and source selection. Ensure compliance with procurement policies and procedures. Leverage best in class practices and sound sourcing processes that will drive reliable and innovative Total Cost of Ownership initiatives. Assist in the planning and execution of sourcing initiatives that result in successful contracts that support business goals and strategies.
Responsibilities
- Assist the strategic sourcing organization in collaboration with partners to align sourcing priorities, source selection, conduct market research, mitigate issues and add value through insights
- Preparation, issuance and management of RFP's/RFIs
- Collaboratively work with cross functional teams to develop business unit requirements and Statement of Works
- Administer the supplier due diligence process including non-disclosure agreements, Source Justification, and intake request triage
- Participate in collaborative handoffs with Procurement to ensure effectively negotiated contracts that meet desirable financial terms and conditions
- Analyze large data sets to ensure objective outcomes
- Maintain relationships with lines of business, team members, management, key stakeholders and external contacts (vendors, etc)
- Collaborate with stakeholder groups (Operations, PVM, EPMO, OGC, Information Security, etc) to achieve objectives and ensure alignment with the corporate's strategy and business operations
- Drive partner satisfaction by learning and understanding partner needs, being responsive to issues, integrating partners into procurement/sourcing processes and building relationships with key stakeholders
- Support higher level staff with analyzing business unit requirements for leveraging opportunities, supplier recommendations and acquisition planning
- Assist in source selection activities of pre-qualified vendors, including conducting market analysis to determine potential sources
- Obtain and analyze vendor performance and delivery data to ensure quality, consistency, and fairness to inform sourcing activities
- Maintain vendor related documentation, including source selection records, supplier performance information, compliance metrics, and value capture results
- Assist in the development of product category strategy and research new product options in the category to drive TCO savings and achieve targets
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
