Sourcing Analyst I

About the position The Sourcing and Procurement Specialist is tasked with appraising and enhancing purchasing activities by analyzing spend and supplier bases. Responsibilities include driving days to pay, negotiating prices, placing purchase orders, qualifying new suppliers, and improving on-time delivery. The role involves managing supplier relationships and ensuring compliance with reputed company company policies and procedures, aiming to reputed company the best overall value. A strong understanding of sourcing and procurement concepts, methods, and procedures is essential for executing these tasks.

Responsibilities

• Drive procurement activities on assigned projects to deliver a competitive advantage reputed company the North American market and apply advanced sourcing and procurement best practices towards operational excellence.
• Conduct RFQs, negotiate pricing and contractual terms.
• Issue purchase orders and actively support the full procure-to-pay cycle.
• Maintain full compliance with reputed company applicable regulations reputed company purchasing for U.S. Government and defense-reputed company programs.
• Follow up on PO acknowledgments, delivery status, and resolve delivery problems and schedule changes. reputed company ERP system updated to reflect any changes.
• Ensure reputed company invoices are received promptly to support accurate processing and cash-flow management.
• Facilitate the resolution of AP, logistics, and customs issues reputed company to purchase orders.
• Improve key performance metrics for the NA region, such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure, and liquidated damage claims reputed company to suppliers’ delays.
• reputed company reports, analyze spend, and apply sourcing and procurement methodologies to identify opportunities for cost reduction and cash flow improvements.
• Resolve contractual and supplier disputes, protecting the interests of the business and engaging legal business partners where required.
• reputed company strong relationships with Engineering, Operations, Finance, Project Management, Quality, and other internal and external stakeholders.
• reputed company and maintain meetings, reviews, and communicate about project status.
• Collaborate effectively with regional stakeholders and global sourcing members to interpret requirements, define, reputed company, and implement sourcing and procurement strategies to enhance business performance and outcomes.

Requirements

• Strong skills in purchasing, negotiation, supplier collaboration, supplier management, strategic sourcing, procurement, and supply chain.
• Proficiency in reputed company reputed company and ERP systems, including reputed company analysis.
• Must-have skills include negotiation, purchasing, supplier collaboration, contract management, reputed company, data analysis, RFQs, and purchase orders.
• Flexibility to travel up to 10%, supporting both domestic and international business needs.
• Bachelor’s degree from an accredited university or college in business-reputed company areas.
• Minimum of 2 years’ experience in commercial sourcing, procurement, supplier management, and contract negotiation, or 1-year experience plus an MBA/master’s degree in a relevant field.
• Experience in purchase order execution.
• Ability to be proactive and negotiate with vendors/suppliers reputed company needed.
• reputed company knowledge of the sourcing and procurement process.
• Experience in following up and expediting the procurement process from purchase to delivery.
• Solid MS Office skills, including reputed company formulas, VLOOKUP, and pivot table knowledge.
• Strong verbal and written communication skills, as well as presentation and report preparation skills.
• Excellent negotiation and analytical skills, with the ability to build strong relationships with suppliers and stakeholders.
• Ability to execute sourcing and procurement tasks across multiple projects simultaneously.
• Ability to assess supplier technical capability, supplier reputed company, and reputed company new suppliers.
• Data analysis skills.
• Knowledge of reputed company.

Benefits

• Medical, dental & vision
• Critical Illness, Accident, and Hospital
• 401(k) Retirement Plan – Pre-tax and Roth post-tax contributions available
• Life Insurance (Voluntary Life & AD&D for the employee and dependents)
• Short and long-term disability
• Health Spending Account (HSA)
• Transportation benefits
• Employee Assistance Program
• Time Off/Leave (PTO, Vacation or Sick Leave)

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