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Strategic Sourcing Analyst

Charlotte, NC, United States

Ref#: 1084966

Date published: 28-Apr-2015

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Position Summary:
The Strategic Sourcing Analyst supports the Category Managers as they engage cross functional teams in enterprise-wide strategic sourcing initiatives.  The Strategic Sourcing Analyst assesses the elements of the spend category and helps to define, execute, and support the strategic sourcing and refinement of that spend area through extensive financial analysis and market research.  Can work independently taking a proactive approach in assigned commodities supporting the Sourcing team in ensuring Strategic Sourcing’s value commitment to internal business partners is met. 

Analyst is also responsible for administering any/all sourcing programs that are within multiple functional areas.  Includes, but not limited to, ensuring compliance against the sourcing process, making adjustments to existing programs to enhance profitability, efficiency, and/or controls, proactively making modifications to programs to address macro-changes in the business, acting as the main contact with external business partners.
Essential Functions/Responsibilities:
  • Works closely with Category Managers to perform strategic sourcing activities
  • Conducts accurate financial analysis of comparative bids
  • Leads the collection, analysis, and total cost ownership analytical activities
  • Develops forward looking pricing forecast models
  • Works with Finance to calculate savings against budget and forecast
  • Interviews internal stakeholders to develop service specification levels
  • Completes supply market research and presents learnings from  research/analysis
  • Collects data and prepares monthly sourcing reports
  • Executes low risk / low dollar supplier contracts / events
Requirements/Qualifications:
  • Bachelors degree and/or equivalent years of experience
  • 2 or more years of applicable experience
  • Proven strong research and analytical skills
  • Proven financial analysis skills – proficient in Essbase
  • Proven understanding of financial planning in budgeting and forecasting
  • A high proficiency in business communications both written and oral
  • Proven interpersonal, meeting/interview facilitation and team skills
  • Proven ability to multi-task, manage time and be flexible to function in ambiguous and/or time-sensitive situations
  • Self-directed, requiring limited guidance and/or structure
  • Aptitude for conducting supply market research
  • Excellent PC skills: Essbase, Lawson, Excel, Access, Powerpoint, Microsoft Word
  • Must be detail-oriented; organized; team player; self-motivated; creative and persuasive
  • Must be open to and comfortable with change