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Analyst - Strategic Sourcing

Tiffany & Co.Cumberland, RI

About The Position

The Strategic Sourcing Analyst plays a vital role in sourcing direct materials for Tiffany’s jewelry manufacturing. The Analyst supports supplier relationship management and supplier development, providing valuable insights and analysis. The Analyst develops a deep expertise of Tiffany’s material supply chain and supplier base, directly supporting management’s overall supplier strategy and meeting the master acquisition plan.

Requirements

  • Minimum of 3 years of relevant experience, including 1-2 years of project management experience
  • Bachelor’s degree
  • Advanced proficiency in MS Office, including Excel (e.g., pivot tables, advanced formulas) and PowerBI (e.g., data visualization, dashboard creation)
  • Demonstrated analytical and statistical skills, including the ability to identify trends, anomalies, and potential risks within large datasets
  • Proven ability to communicate complex subject matter in a clear, concise, and compelling manner, both verbally and in writing
  • Exceptional organizational skills, attention to detail, and commitment to data accuracy
  • Strong interpersonal skills and the ability to work effectively both independently and as part of a team
  • Excellent problem-solving skills and the ability to manage priorities in a fast-paced, dynamic environment

Nice To Haves

  • Master’s degree
  • Industry knowledge in jewelry manufacturing, precious metals, or diamonds and gemstones
  • Proficiency in a second language relevant to Tiffany & Co.'s global supply chain
  • Professional qualification / certification from related professional body, (ISM – CPM / CPSM, APICS)

Responsibilities

  • Supports Make vs. Buy supplier selection activities based on detailed knowledge of supplier capabilities, performance history, and other relevant metrics
  • Initiates the new product development process in coordination with divisional counterparts; manages and negotiates new product costs throughout the development process
  • Communicates with divisional counterparts to meet function’s overall strategy and needs, ensure Sourcing’s ongoing value contribution
  • Works with management to identify and pursue cost reduction and process improvement opportunities
  • Helps to complete the execution of category management strategies and activities and of strategic sourcing process and approaches for assigned categories/sub-categories
  • Partners with peers, manager, and director on all corporate social responsibility initiatives and goals
  • Leads the Request for Proposal (RFP) process for category to continuously evaluate supply base and identify strengths and opportunities; analyzes results and makes recommendations
  • Continuously supports the management of category benefits and other key performance metrics such as tracking against savings goals for the department, reporting on new product cost avoidance, etc.
  • Conducts supplier market analysis, category analysis and category risk analysis
  • Develops and maintains supplier scorecards
  • Plans category strategies and plans and conducts sourcing projects by engaging stakeholders and the required cross-functional resources for smaller spend sub-categories
  • Works with cross-functional project teams such as New Product Integration to achieve optimal timing for new product launches
  • Other ad hoc projects and duties as assigned
  • Ensures effective risk and compliance management
  • Through professional presence and behaviors, inspire trust and integrity. Influence staff members at all levels through coaching, team-building and relationship building with business partners

Benefits

  • Eligible Tiffany employees are offered comprehensive benefits, including global benefits like adoption and surrogacy assistance, and parental leave, as well as programs that support mental, emotional, physical, and financial well-being.
  • We also offer competitive pay, medical, dental, and vision insurance, 401(k) plans with company match, paid time off, alongside other meaningful employee offerings.

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

5,001-10,000 employees

Career Resources

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