Company Overview:
A well-established company providing cutting-edge services and solutions across a variety of industries is seeking a talented Senior Sourcing Analyst. The organization operates in a fast-paced environment and is dedicated to innovation and operational efficiency. As part of the procurement team, you’ll contribute to the company’s ongoing success by optimizing sourcing strategies and managing vendor relationships.
Position Summary:
The Senior Sourcing Analyst will play an important role in supporting procurement efforts through effective sourcing strategies, supplier management, and contract negotiations. The role focuses on driving cost-efficiency, managing risk, and ensuring compliance with company policies. The ideal candidate will have a strong background in strategic sourcing and procurement across multiple categories.
Key Responsibilities:
- Develop and execute sourcing strategies to achieve cost savings, mitigate risks, and meet business objectives.
- Analyze spend data and market trends to identify sourcing opportunities and optimize vendor relationships.
- Lead contract negotiations with key suppliers, ensuring favorable terms and compliance with organizational standards.
- Collaborate with various internal teams to align procurement processes with broader business goals.
- Monitor and evaluate supplier performance to ensure service quality and cost effectiveness.
- Stay updated on market conditions, supplier landscapes, and emerging trends to adapt sourcing strategies as needed.
Qualifications:
- Bachelor’s degree in Supply Chain, Business, or related field.
- 4+ years of experience in strategic sourcing, procurement, or supply chain management.
- Strong analytical, negotiation, and communication skills.
- Experience in managing supplier contracts and evaluating vendor performance.
- Ability to work cross-functionally in a fast-paced, collaborative environment.