Strategic Sourcing Analyst

NiSource
Suffolk, VA Full Time
POSTED ON 4/7/2024

Description


Strategic Sourcing Analyst

77,400.00 - 136,600.00

Job Title: Category Lead

Job Code: 104987

Summary

The Category Lead is an Individual Contributor that reports into the Procurement Organization and is responsible for managing external expenditures for assigned categories along the following three areas:

Category Plan Development and Execution: Develop, execute, and maintain a complete Category Plan for assigned category(s), collaborating with key stakeholders, Supply Chain team members and the Manager(s) of Procurement Operations affected by the respective category(s).

Supplier Management: Maintain supplier segmentation to identify critical suppliers and facilitate management of critical supplier relationships.

Stakeholder Management: Engage and manage stakeholders impacted by their respective expenditure categories.

Principal Duties and Responsibilities

Category Plan Development and Execution include:

  • Establishing, leading/facilitating, and supporting cross functional category management teams to develop and maintain category plans and ongoing category performance.
  • Developing deep knowledge and experience within assigned spend management responsibilities.
  • Developing spend/performance and external market analyses to monitor category performance and identify performance improvement opportunities.
  • Developing spend and savings/performance improvement forecasts to monitor progress and ensure goals are achieved.
  • Developing plans to capture identified opportunities.
  • Defining category requirements through collaborative efforts with respective stakeholder groups.
  • Collaborating with stakeholder groups to develop consensus on the appropriate category plans and priorities.
  • Leading performance improvement initiatives defined by the category plan including strategic sourcing and other performance improvement initiatives.
  • Establishing, leading/facilitating, and supporting cross functional strategic sourcing/performance improvement teams as needed/prescribed by category plans to achieve savings and performance targets (e.g., reduce cost, improve quality and result in a lower total cost of ownership, meeting supplier diversity goals)
  • Leading negotiations with suppliers as needed.
  • Maintaining critical supplier agreements including renewals, negotiation of terms, issue identification, tracking and resolution.
  • Developing and maintaining supplier criticality ratings and managing resulting critical supplier relationships.
  • Managing supplier relationships including conducting Quarterly Business Reviews with critical suppliers and NiSource Executive Sponsors
  • Stakeholder Management responsibilities include:
  • Developing successful partnerships with key stakeholders / business partners to achieve desired results.
  • Developing and managing cross-functional category management and strategic sourcing teams as needed.
  • Collaborating with stakeholders to drive needed decisions to achieve desired results.

Required Qualifications for Position

  • Bachelor’s degree from an accredited college or equivalent work-related experience
  • Proven track record to deliver results and achieve goals.
  • Demonstrated ability to develop effective working relationships with others.
  • Experience leading cross-functional teams
  • Ability to build support and consensus.
  • Proven financial acumen and analytical abilities.

Preferred Additional Qualifications for Position

  • MBA
  • Certified Procurement Manager (CPM)
  • Three years of leadership experience
  • Experience managing large supplier agreements.
  • Experience working in a Shared Services organization.
  • Supply Chain experience in the utility industry
  • Knowledgeable in category management and strategic sourcing practices

Job Title: Senior Category Analyst

Job Code: 107890

Required Qualifications for Position

  • Bachelor's degree or three to five years’ experience in supply chain, procurement, or category management
  • Ability to define problems, collect and analyze data, establish facts, and draw well-supported conclusions.
  • Knowledge and understanding of sourcing methodologies.
  • Ability to manage multiple commodities or work streams.
  • Ability to negotiate.
  • Excellent written and verbal communication skills
  • Proficiency with Microsoft Office (Excel, PowerPoint, word, etc.)
  • Planning and organizational skills
  • Critical/analytical thinking skills
  • Ability to support a positive work environment/work collaboratively.
  • Ability to execute and drive results while gaining commitment from others.
  • Ability to establish plans and meet deadlines.
  • Ability to adapt quickly to change.
  • Demonstrated ability to deliver results, achieve goals and business objectives.

Preferred Additional Qualifications for Position

  • Advanced Excel/modeling capabilities
  • Basic knowledge of contract management & administration
  • CPSM
  • Ability to manage and mitigate contractual risk.
  • Knowledge of procurement/ERP software (PeopleSoft, Ariba, or similar)
  • Demonstrated ability to complete projects and tasks with minimal oversight and direction.
  • Ability to build strategic working relationships.
  • Supply chain experience in the utility industry.

Job Title: Category Analyst

Job Code: 107219

Required Qualifications for Position

  • Bachelor’s Degree or minimum two years of experience in supply chain, procurement, or category management
  • Ability to define problems, collect and analyze data, establish facts, and draw well-supported conclusions.
  • Knowledge and understanding of sourcing methodologies.
  • Ability to manage multiple commodities or work streams.
  • Ability to negotiate.
  • Excellent written and verbal communication skills
  • Proficiency with Microsoft Office (Excel, PowerPoint, word, etc.)
  • Planning and organizational skills
  • Critical/analytical thinking skills
  • Ability to support a positive work environment/work collaboratively.
  • Ability to execute and drive results while gaining commitment from others.
  • Ability to establish plans and meet deadlines.
  • Ability to adapt quickly to change.
  • Demonstrated ability to deliver results, achieve goals and business objectives.

Preferred Additional Qualifications for Position

  • Advanced degree
  • Advanced Excel/modeling capabilities
  • Basic knowledge of contract management & administration
  • CPSM
  • Ability to manage and mitigate contractual risk.
  • Knowledge of procurement/ERP software (PeopleSoft, Ariba, or similar)
  • Demonstrated ability to complete projects and tasks with minimal oversight and direction.
  • Ability to build strategic working relationships.
  • Supply chain experience in the utility industry.

Inclusion & Diversity
Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners.

Respect and take into consideration diversity within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represent all walks of life and all backgrounds.

Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment.

Equal Employment Opportunity
NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, genetic information, or any protected group status as defined by law. Each employee is expected to abide by this principle.

By applying, you may be considered for other job opportunities.


Safety Statement

Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits.

Salary Range:

$86,300.00 - $129,500.00

Posting Start Date:

2024-04-05

Posting End Date (if applicable):

2024-05-06
Please note that the job posting will close on the day before the posting end date.

Salary.com Estimation for Strategic Sourcing Analyst in Suffolk, VA
$87,816 to $115,617
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