Sourcing Analyst

Summary

Sourcing Analyst

Our Client, a Global Power Technology Leader company, is looking for a Sourcing Analyst for their Columbus, IN location.

Responsibilities:

• Support sourcing manager on sourcing activities as assigned.
• Independently carries out sourcing activities with full consideration for the impact of those activities on the end-to-end supply chain.
• Executes sourcing tactics of varying complexity in accordance with established category/commodity strategies reflecting the optimum cost, quality, delivery.
• Prepares and presents to senior purchasing/sourcing leadership recommendations of improvement opportunities and alternative courses of action.
• Ensures consistent application of sourcing procedures and processes.
• Supports purchasing/sourcing management in activities such as price benchmarking, vendor management, industry and market analysis, process analysis, and model building.
• Leads analysis projects/initiatives providing coaching to less experienced analysts and specialists.
• Understands the importance of compliance and is alert to situations that can pose risk to client.

Requirements:

• Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders.
• Business insight - Applying knowledge of business and the marketplace to advance the organization goals.
• Source to Pay Principles - Leverages key principles of the Source to Pay process to smoothly execute sourcing decisions, order placement, material/service acquisition and on-time payment of Suppliers.
• Sourcing - Utilizes the purchasing functional system to support the Request For Quote process and establish a Total Cost of Ownership comparison of suppliers based on the category strategy and define the supplier that is most likely to meet client and customer's needs.
• Supplier Contract Development - Creates contracts to cover commercial and legal relationship between client and supplier; incorporates commercial requirements and laws of regions, drive consensus amongst stakeholders and develops a mutually agreed and legally approved contract created using a Direct Supplier Supply Agreement (DSA) and the C-Review Process and Negotiations Excellence skill.
• Supplier Tooling Management - Manages supplier tooling strategy by noting the impact on Total Value Performance throughout the product life cycle to accurate piece price, leverages client owned tooling procedure and ensures continuance of supply from that supplier or another by use of that specific tooling, by using proper Letters of Intent and bailment agreements; tracks and maintains inventory of which tooling client has paid for and owns.
• Associate College, university, or equivalent degree in supply chain management or a related subject required.

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities

Job Description

Sourcing Analyst

Our Client, a Global Power Technology Leader company, is looking for a Sourcing Analyst for their Columbus, IN location.

Responsibilities:

• Support sourcing manager on sourcing activities as assigned.
• Independently carries out sourcing activities with full consideration for the impact of those activities on the end-to-end supply chain.
• Executes sourcing tactics of varying complexity in accordance with established category/commodity strategies reflecting the optimum cost, quality, delivery.
• Prepares and presents to senior purchasing/sourcing leadership recommendations of improvement opportunities and alternative courses of action.
• Ensures consistent application of sourcing procedures and processes.
• Supports purchasing/sourcing management in activities such as price benchmarking, vendor management, industry and market analysis, process analysis, and model building.
• Leads analysis projects/initiatives providing coaching to less experienced analysts and specialists.
• Understands the importance of compliance and is alert to situations that can pose risk to client.

Requirements:

• Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders.
• Business insight - Applying knowledge of business and the marketplace to advance the organization goals.
• Source to Pay Principles - Leverages key principles of the Source to Pay process to smoothly execute sourcing decisions, order placement, material/service acquisition and on-time payment of Suppliers.
• Sourcing - Utilizes the purchasing functional system to support the Request For Quote process and establish a Total Cost of Ownership comparison of suppliers based on the category strategy and define the supplier that is most likely to meet client and customer's needs.
• Supplier Contract Development - Creates contracts to cover commercial and legal relationship between client and supplier; incorporates commercial requirements and laws of regions, drive consensus amongst stakeholders and develops a mutually agreed and legally approved contract created using a Direct Supplier Supply Agreement (DSA) and the C-Review Process and Negotiations Excellence skill.
• Supplier Tooling Management - Manages supplier tooling strategy by noting the impact on Total Value Performance throughout the product life cycle to accurate piece price, leverages client owned tooling procedure and ensures continuance of supply from that supplier or another by use of that specific tooling, by using proper Letters of Intent and bailment agreements; tracks and maintains inventory of which tooling client has paid for and owns.
• Associate College, university, or equivalent degree in supply chain management or a related subject required.

Why Should You Apply?

• Health Benefits
• Referral Program
• Excellent growth and advancement opportunities