Sourcing Analyst

Description:
Sourcing Analyst:

• Purchases assigned items and executes buying strategies in accordance with agreed upon material buying plans at the optimum cost.
• Analyzes sourcing information and presents findings for process improvement and cost reduction while maintaining high quality product and/or service delivery.

Key Responsibilities:

• Procures inventory, supplies, and capital goods, places purchase orders with vendors.
• Analyzes sourcing and purchasing initiatives and processes in support of the delivery of cost effective and high-quality goods and services.
• Prepares and presents recommendations of improvement opportunities and alternative courses of action to senior purchasing/sourcing leaders.
• Consistently applies sourcing policies, procedures, and processes.
• Supports purchasing/sourcing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building.
• Conducts minor contract negotiations.
• Gathers information and provides input on larger contracts.
• Manages loading and retrieving of legal and compliance documents into applicable storage systems to support regulatory, audit and research activities.
• Assists in the process of interviewing and evaluating sales representatives and vendors.
• Supports Six Sigma projects through active team membership or provision of data and market intelligence. Interacts with suppliers with regard to payments and order fulfillment.

Qualifications and Competencies Skills:

• Project management - Has a good understanding of and effectively applies project management techniques in low to moderately complex projects.
• Financial analysis - Applies financial analysis as part of their work. Has more than one year experience with analyzing financial data.
• Understands what data is needed for an analysis and can gather relevant data.
• Can draw conclusion from analysis and effectively communicate the results with limited assistance.
• Able to use basic MS Excel functionality.
• Analyze issues - Solid understanding of how to analyze issues.
• Demonstrates use of analysis skills to learn and analyze information in a timely way.
• Understands complex concepts and problems and identifies how they relate to key processes.
• Applies accurate logic in solving problems.
• Differentiates what is critical and what is important while not getting bogged down in details.
• Information security - Awareness proficiency plus experience in information security including having developed and implemented an information security plan.
• Contract development - I have completed at least one legal contract that is the standard terms and conditions with a scope, statement of work and performance metrics directly from the previous contract, provided by the current supplier or the functional owner; engagement and oversight by functional director or legal counsel is significant.
• Purchasing ethics - I understand that employees should abstain from any supplier engagement that may compromise supplier sourcing, selection, and management processes but I am not always clear what is appropriate.
• I know where to find clarifying resources.
• Sourcing strategies develop - Understands and applies determined strategies.
• Uses the skill and knowledge appropriately.
• Has been involved in strategy development and discussions regarding market influences and impacts.
• Trained regarding corporate guidelines.
• Creates draft strategies at an entity level.

Education, Licenses, Certifications:

• College, university, or equivalent degree in a related business field such as supply chain management.

Experience Minimal prior experience is required.

Additional Manager Notes

• Must be very proficient in Microsoft Excel and a high level of customer services

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• Hybrid position, must be local to New Hudson MI

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• The candidates will be calling internal branches and asking them about their spend. They will need to have experience in financing, invoicing, and purchasing. It would be a huge bonus if they have any prior experience with collections.
• If they have the experience without a degree, that is perfect for the managers. This is technically an entry level positions, but they will need the experience.

Hours are Monday – Friday 8AM – 5PM (with hour lunch) but they are flexible also depending on time zone. No OT time

Job Types: Full-time, Contract

Pay: $25.00 - $28.00 per hour

Schedule:

• 10 hour shift
• 8 hour shift
• Monday to Friday

Work Location: One location