Senior Strategic Sourcing Analyst

Summary

Base pay range$100,000.00/yr - $160,000.00/yrMissionAs a Senior Strategic Sourcing Analyst, you are responsible for the critical task of leading procurement strategies throughout the entire lifecycle of projects at A-C Electric Company. Your role is essential in shaping the procurement framework, enhancing supplier partnerships, and forecasting long-term supply requirements to align with our strategic objectives. You are a central figure in our Project Teams, championing innovation, strategic thinking, and exemplary procurement standards. By fostering a culture of continuous improvement, you not only support the company's operational success but also contribute to our competitive edge and sustainability in the marketplace. You uphold the values of foresight, integrity, and strategic excellence in all procurement activities.Key ResponsibilitiesStrategic Planning and CoordinationCollaborate with Project Management Teams in kickoff meetings to establish purchasing strategies that align with project requirements.Working closely with Project Managers, Plan Detailers, and Project Engineers, develop detailed Bills of Material (BOMs) reflecting project nuances and changes.Consolidate purchase orders where possible to streamline procurement processes, ensuring timely and accurate delivery of materials.Conduct regular meetings with Project Teams to provide updates on material order status, budget status, and any pertinent procurement-related matters, fostering transparency and alignment.Identify Strategic Sourcing OptionsDiscover new material sources and cost-saving opportunities for stakeholder consideration.Schedule lunch and learns with Project Managers and Superintendents that could aid in labor cost reductions through material design optimizations.Support material budget improvement efforts.Employ data analysis techniques to drive strategic sourcing and cost management initiatives.Propose viable options to the Project Teams for consideration.Facilitate Competitive BidsManage bid solicitations (RFQs) for purchases exceeding $10K.Develop RFQs and distribute to selected vendors.Evaluate vendor quotes based on total cost of ownership (TCO) factors, including price, lead time, freight terms, material specifications, and past performance.Facilitate technical and commercial clarifications.Submit award recommendations to Project Management Teams.Execute Purchase OrdersEffectively manage the acquisition of materials for Project Management Teams, ensuring optimization of the total cost of ownership (TCO).Verify that vendor quotes meet required material specifications and delivery timelines.Issue accurate and timely purchase orders to maintain project efficiency and cost-effectiveness.Additional Job DutiesSupport Procurement Expeditor and Procurement Coordinator: Occasionally provide material expediting support to ensure timely arrivals of necessary materials. Resolve POD and invoicing discrepancies in weekly meetings with Procurement Expeditor and Procurement Coordinator.Research and KPI Reporting: Analyze procurement data to identify trends and insights, support decision-making, and demonstrate the value added through procurement activities. Report on key performance indicators (KPIs), ensuring alignment with organizational goals.Cross-functional Collaboration: Forge collaborative relationships with cross-functional teams to foster cohesive and streamlined procurement operations. Maintain transparent and frequent communication. Keep stakeholders updated on material reservation and purchase order status and promptly address concerns.Continuous Improvement: Meet department OKRs and champion process improvements to increase efficiency and reduce costs. Implement best practices in procurement and purchase order processes. Consolidate purchase orders for efficiency gains.Safety and Compliance: Champion a culture of safety and ensure materials are handled, stored, and transported in compliance with safety regulations.Perform Additional Duties: The duties and responsibilities are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing and other duties will be assigned based on the position's role within the business unit.Skills, Qualifications And RequirementsBachelor's degree in Supply Chain, Accounting, Finance, Business Management is preferred, but not required.Minimum 10 years of supply chain, procurement, sales, electrical construction or electrical industry (such as supply house) experience preferred, but not required.A working knowledge of electrical construction materials, coupled with the ability to source alternative vendor options is preferred, but not required.5 years of procurement experience preferred, but not required.Proficient in using a computer and Microsoft Office (Outlook, Word, Excel, etc.).Excellent communication and interpersonal skills, facilitating effective collaboration with internal and external stakeholders.Pay Range: $100,000 – $160,000A-C Electric Company is an Equal Opportunity Employer; women, veterans, and minorities are encouraged to apply.Seniority level Mid-Senior levelEmployment type Full-timeJob function Purchasing and Supply ChainIndustries ConstructionInferred from the description for this job Medical insuranceVision insurancePension planPaid maternity leavePaid paternity leaveDisability insurance#J-18808-Ljbffr

Job Description

Base pay range$100,000.00/yr - $160,000.00/yrMissionAs a Senior Strategic Sourcing Analyst, you are responsible for the critical task of leading procurement strategies throughout the entire lifecycle of projects at A-C Electric Company. Your role is essential in shaping the procurement framework, enhancing supplier partnerships, and forecasting long-term supply requirements to align with our strategic objectives. You are a central figure in our Project Teams, championing innovation, strategic thinking, and exemplary procurement standards. By fostering a culture of continuous improvement, you not only support the company's operational success but also contribute to our competitive edge and sustainability in the marketplace. You uphold the values of foresight, integrity, and strategic excellence in all procurement activities.Key ResponsibilitiesStrategic Planning and CoordinationCollaborate with Project Management Teams in kickoff meetings to establish purchasing strategies that align with project requirements.Working closely with Project Managers, Plan Detailers, and Project Engineers, develop detailed Bills of Material (BOMs) reflecting project nuances and changes.Consolidate purchase orders where possible to streamline procurement processes, ensuring timely and accurate delivery of materials.Conduct regular meetings with Project Teams to provide updates on material order status, budget status, and any pertinent procurement-related matters, fostering transparency and alignment.Identify Strategic Sourcing OptionsDiscover new material sources and cost-saving opportunities for stakeholder consideration.Schedule lunch and learns with Project Managers and Superintendents that could aid in labor cost reductions through material design optimizations.Support material budget improvement efforts.Employ data analysis techniques to drive strategic sourcing and cost management initiatives.Propose viable options to the Project Teams for consideration.Facilitate Competitive BidsManage bid solicitations (RFQs) for purchases exceeding $10K.Develop RFQs and distribute to selected vendors.Evaluate vendor quotes based on total cost of ownership (TCO) factors, including price, lead time, freight terms, material specifications, and past performance.Facilitate technical and commercial clarifications.Submit award recommendations to Project Management Teams.Execute Purchase OrdersEffectively manage the acquisition of materials for Project Management Teams, ensuring optimization of the total cost of ownership (TCO).Verify that vendor quotes meet required material specifications and delivery timelines.Issue accurate and timely purchase orders to maintain project efficiency and cost-effectiveness.Additional Job DutiesSupport Procurement Expeditor and Procurement Coordinator: Occasionally provide material expediting support to ensure timely arrivals of necessary materials. Resolve POD and invoicing discrepancies in weekly meetings with Procurement Expeditor and Procurement Coordinator.Research and KPI Reporting: Analyze procurement data to identify trends and insights, support decision-making, and demonstrate the value added through procurement activities. Report on key performance indicators (KPIs), ensuring alignment with organizational goals.Cross-functional Collaboration: Forge collaborative relationships with cross-functional teams to foster cohesive and streamlined procurement operations. Maintain transparent and frequent communication. Keep stakeholders updated on material reservation and purchase order status and promptly address concerns.Continuous Improvement: Meet department OKRs and champion process improvements to increase efficiency and reduce costs. Implement best practices in procurement and purchase order processes. Consolidate purchase orders for efficiency gains.Safety and Compliance: Champion a culture of safety and ensure materials are handled, stored, and transported in compliance with safety regulations.Perform Additional Duties: The duties and responsibilities are intended to describe the general nature and scope of work being performed by this position. This is not a complete listing and other duties will be assigned based on the position's role within the business unit.Skills, Qualifications And RequirementsBachelor's degree in Supply Chain, Accounting, Finance, Business Management is preferred, but not required.Minimum 10 years of supply chain, procurement, sales, electrical construction or electrical industry (such as supply house) experience preferred, but not required.A working knowledge of electrical construction materials, coupled with the ability to source alternative vendor options is preferred, but not required.5 years of procurement experience preferred, but not required.Proficient in using a computer and Microsoft Office (Outlook, Word, Excel, etc.).Excellent communication and interpersonal skills, facilitating effective collaboration with internal and external stakeholders.Pay Range: $100,000 – $160,000A-C Electric Company is an Equal Opportunity Employer; women, veterans, and minorities are encouraged to apply.Seniority level Mid-Senior levelEmployment type Full-timeJob function Purchasing and Supply ChainIndustries ConstructionInferred from the description for this job Medical insuranceVision insurancePension planPaid maternity leavePaid paternity leaveDisability insurance#J-18808-Ljbffr