
Sourcing Analyst
- Cincinnati, OH
- Permanent
- Full-time
- Bachelor's degree in Business Management, Supply Chain, Operations, Finance, CPG, or similar
- 1-year professional experience in procurement activities
- Ability to identify, quantify and effectively communicate business risks
- Self-starter, ability to work independently in a fast-paced environment while delivering solid action-oriented results quickly
- Analytical skills with the ability to identify, quantify and effectively leverage data to support business decisions, communicate opportunities and/or raise business risks
- Ability to monitor compliance with established guidelines, policies, procedures, and regulations
- Advanced Microsoft Office skills (Word, Excel, PowerPoint, Outlook, Vizio)
- Ability to synthesize analysis into compelling oral and written communications and presentations
- CPM/CPSM, CSCP or equivalent certification
- Expertise in Microsoft Office, data visualization tools
- 1-year professional experience in Procurement, Supply Chain, Manufacturing, or Retail
- Tactical Sourcing
- Design and execute sourcing events for pertinent category
- Utilize available e-sourcing and optimization tools efficiently
- Develop different award optimization scenarios to minimize total cost of ownership
- Respond to supplier and stakeholder questions (e.g. category, supply, event, price, or specification)
- Support the execution of supplier financing programs maintaining a holistic view of early payment and accounts payables programs
- Prepare planning guide to facilitate the completion of the negotiation and support where needed
- Sourcing Analysis
- Conduct opportunity assessments, benchmarking, and should cost modeling to develop sourcing opportunities
- Prepare category improvement projections and conduct post-implementation variance analysis
- Identify total internal costs associated with supplier price, delivery, operations and quality
- Quantify the overall total ownership cost of each product or service to identify cost savings
- Contract Management
- Work with the contract management team in the administration of contract data, addendums, item master sheets, and additional supplier documentation
- Supplier Relationship Management
- Support category managers in the development of supplier performance/continuous improvement targets and related scorecards
- Work with the SRM team in the administration of supplier assessments, score cards, and other analytics to manage supplier performance
- Benefit Tracking
- Partner with the KPI & Benefits team to develop a tracking mechanism to report and communicate the savings achieved
- Additional Support
- Support other initiatives / projects in the company that may affect organization's performance and collaborate with necessary stakeholders
- Support talent development framework and proven experience in creating/maintaining training curriculum
- Must be able to perform the essential functions of this position with or without reasonable accommodation
eQuest