Strategic Sourcing Analyst
Overview
The Sourcing Analyst will play a critical role in supporting operational sourcing across the organization. You'll partner closely with the Sourcing Hub, Category Managers, and internal stakeholders to execute sourcing initiatives, conduct market and supplier analysis, and manage high-volume, lower-value, lower-complexity contracting. You will ensure day-to-day sourcing requests are delivered reliably, accurately, and in alignment with category and enterprise strategy. This role demands a hands-on approach and a focus on execution, with an emphasis on urgency, strong problem-solving abilities, and the development of analytical and critical thinking skills.
Responsibilities
Execute Sourcing Activities: Support and execute end-to-end sourcing tasks, including RFQs/RFPs, supplier evaluation, bid analysis, and contract renewals (especially for lower-dollar, lower-complexity categories). Build project pipelines, conduct market research, and support supplier performance reviews.
Supplier Due Diligence, Onboarding, and Management Compliance: Participate in supplier onboarding, documentation in tools and processes, and vendor due diligence. Monitor supplier adherence to service levels, contract terms, and key performance indicators (KPIs).
Analyze Spend & Supplier Data/Research: Collect, analyze, and interpret spend data and supplier performance metrics, and create insights and reports for cross-functional stakeholders. Conduct market research, benchmarking, and supplier discovery to inform sourcing decisions and identify cost-saving opportunities.
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Enable Stakeholders: Deliver responsive, service-oriented support to internal stakeholders through the Sourcing Hub.
Conduct market research, benchmarking, and supplier discovery to inform sourcing decisions and identify cost-saving opportunities.
Manage & Negotiate Contracts:. Negotiate terms and conditions for Master Agreements, Statements of Work, and SOWs with customers and suppliers. Work with internal stakeholders to clarify requirements, validate assumptions, and manage expectations for sourcing requests. Flag risks, anomalies, or exceptions and escalate them appropriately (to Category Managers or Sourcing Hub leadership).
Maintain Data & Tools: Maintain sourcing tools, contract databases, and records of supplier agreements, execution dates, stakeholder contacts, etc.
Drive Process Improvements: Contribute ideas and support efforts towards continuous process improvement across sourcing operations for tools, systems, templates, etc. Be a reliable partner for internal teams - help them navigate, document, and drive sourcing policies, processes, systems, and standards.
Qualifications
Curiosity & Learning Agility: Eager to learn sourcing process, systems, and supplier markets; asks good questions, adapts quickly.
Attention to Detail: Ensures accuracy in written communication, contracts, data, and analysis; spots errors before they become issues.
Analytical Thinking: Comfortable working with data, comparing supplier bids, and identifying trends.
Collaboration & Teamwork: Works well with peers on the team, ability to take direction from Category Managers, and builds trust with internal stakeholders.
Communication: Clear and consistent professional written and verbal communication. Thorough proactive communication and follow-up, as well as the ability to summarize findings simply, and navigate proper channel use for communication scenarios.
Accountability and Follow-Through: Takes ownership of assigned tasks, manages deadlines, and understands when to escalate when needed.
Service Orientation: Treats internal team members as stakeholders, stakeholders as clients, balancing responsiveness with prioritization and compliance.
Problem-Solving Mindset: Looks for ways to streamline requests, improve processes, or resolve small issues without waiting to be told.
Adaptability: Ability to shift priorities and handle multiple requests in a fast-paced environment with a "find a way" attitude, approaching challenges with a solution-oriented mindset and staying flexible in fast-changing situations.
Professionalism & Integrity: Demonstrates respect, honesty, and discretion, even when addressing sensitive issues or behaviors that are not aligned with the sourcing policies. Upholds standards and delivers feedback in a constructive way that protects the relationship, ensuring compliance and ethical standards are upheld.
Perks and Benefits
Health and Wellness
- Life Insurance
- Health Insurance
- Dental Insurance
- Vision Insurance
- FSA With Employer Contribution
- HSA
- HSA With Employer Contribution
- On-Site Gym
- Pet Insurance
- Mental Health Benefits
Parental Benefits
- Fertility Benefits
- Family Support Resources
Work Flexibility
- Remote Work Opportunities
- Hybrid Work Opportunities
Office Life and Perks
- Commuter Benefits Program
- Casual Dress
- Happy Hours
- Snacks
- Some Meals Provided
- Company Outings
- On-Site Cafeteria
- Holiday Events
Vacation and Time Off
- Paid Vacation
- Paid Holidays
- Personal/Sick Days
- Volunteer Time Off
Financial and Retirement
- 401(K)
- 401(K) With Company Matching
- Stock Purchase Program
- Performance Bonus
Professional Development
- Promote From Within
- Mentor Program
- Shadowing Opportunities
- Access to Online Courses
- Lunch and Learns
- Leadership Training Program
- Associate or Rotational Training Program
- Internship Program
Diversity and Inclusion
- Employee Resource Groups (ERG)
- Diversity, Equity, and Inclusion Program