Sourcing Analyst

Analyze organizational spend across suppliers, categories, locations, and business units.

Identify cost-saving opportunities, sourcing strategies, and opportunities for supplier consolidation.

Develop recurring and ad hoc spend reports to support procurement planning and executive decision-making.

Monitor purchasing trends and identify opportunities to improve contract compliance and purchasing processes.

Validate procurement data to ensure accurate spend visibility and reporting.

Analyze purchasing activity against budgets, contracts, and established sourcing strategies.

Develop, maintain, and distribute procurement dashboards and key performance indicator (KPI) reports.

Track metrics including cost savings, supplier performance, contract compliance, purchase price variance, spend under management, sourcing effectiveness, and supplier quality and delivery performance.

Present findings and recommendations to Procurement leadership and cross-functional stakeholders.

Develop recurring reports for management and executive leadership.

Identify trends, risks, and opportunities through data analysis.

Continuously improve reporting processes through automation and data visualization.

Conduct market research and benchmarking to support sourcing initiatives and supplier negotiations.

Monitor industry trends, commodity pricing, supplier capabilities, and market risks.

Research potential suppliers and evaluate capabilities, capacity, geographic footprint, and overall fit.

Support supplier identification and qualification activities.

Identify opportunities for innovation, cost reduction, and value creation.

Support category strategies through market intelligence and competitive analysis.

Maintain and administer purchasing and procurement systems to support efficient operations.

Maintain supplier records, catalogs, pricing information, and purchasing workflows.

Support system enhancements, testing, implementation, and troubleshooting.

Assist with user training and system adoption.

Partner with IT and business stakeholders to optimize procurement technology and system functionality.

Identify opportunities to automate manual procurement processes.

Ensure purchasing systems support established procurement policies and procedures.

Ensure accuracy, consistency, and completeness of procurement master data.

Perform regular audits of supplier information, item master data, pricing, purchasing information, contracts, and catalogs.

Identify and resolve data quality issues.

Establish preventative controls to minimize recurring data errors.

Maintain accurate supplier and purchasing records.

Partner with Finance, IT, and Procurement to resolve data discrepancies.

The Sourcing Analyst works closely with Procurement / Strategic Sourcing, Supply Chain, Finance & Accounting, Operations, Manufacturing, Engineering, Quality, Logistics, IT, Legal, and suppliers and external partners.

The Sourcing Analyst is accountable for:

KPI reporting accuracy

Reporting timeliness

Dashboard utilization

Spend visibility

Data analysis turnaround time

Identified cost-saving opportunities

Cost savings supported

Supplier consolidation opportunities

Contract compliance

Purchase price variance

Supplier master data accuracy

Item master data accuracy

Pricing data accuracy

Data audit completion

Data error resolution time

Procurement process improvements

Reporting automation

System utilization

Manual process reduction

Develop routine procurement reports and dashboards.

Conduct spend and market analysis.

Perform procurement data audits.

Identify data discrepancies and initiate corrections.

Conduct supplier and market research.

Recommend process improvements.

Maintain approved procurement system information.

Provide analytical recommendations to Procurement leadership.

Support supplier evaluations using established criteria.

Supplier selection or removal.

Supplier contract awards.

Pricing or commercial commitments.

Changes to procurement policies.

Significant system configuration changes.

Supplier master data changes affecting financial transactions.

Procurement process changes with significant financial impact.

Strategic sourcing decisions.

2–5 years of experience in procurement, sourcing, supply chain, purchasing, business analytics, or a related field.

Experience working with ERP or procurement systems such as SAP, Oracle, Coupa, Ariba, Microsoft Dynamics, or similar.

Experience with spend analytics, reporting, and procurement data management preferred.

Manufacturing or industrial procurement experience preferred.

Bachelor's degree in Supply Chain Management, Procurement, Business Analytics, Finance, Business Administration, or a related field required.

Working knowledge of:

Strategic sourcing principles, procurement processes, and supply chain fundamentals

Spend analysis and procurement KPIs

Supplier management and supplier performance management

Purchasing systems, ERP systems, and procurement master data

Market research and benchmarking

Data analytics and visualization

Manufacturing and industrial procurement (preferred)

Ability to:

Think analytically and strategically.

Maintain exceptional attention to detail.

Work independently with minimal supervision.

Manage confidential financial and supplier information.

Meet deadlines in a fast-paced environment.

Prioritize competing requests.

Identify errors and inconsistencies in complex datasets.

Translate complex information into clear business recommendations.

Build effective relationships with internal and external stakeholders.

This position is primarily office-based and operates within a fast-paced manufacturing and supply chain environment. The Sourcing Analyst will regularly interact with Procurement, Finance, Operations, Manufacturing, and suppliers. Occasional visits to manufacturing facilities, warehouses, supplier locations, or other company locations may be required.

Success in this position will be demonstrated through:

Accurate and timely procurement KPI reporting.

Improved visibility into organizational spend.

High-quality and reliable procurement master data.

Actionable market intelligence that supports sourcing and supplier decisions.

Identification and support of meaningful cost-saving opportunities.

Improved supplier and contract performance visibility.

Increased automation and efficiency of procurement reporting.

Continuous improvement in procurement processes, systems, and data quality.

A successful Sourcing Analyst:

Turns procurement data into actionable business intelligence.

Provides Procurement leadership with accurate, timely, and meaningful analysis.

Maintains a high standard of data integrity and attention to detail.

Identifies opportunities to reduce cost, improve supplier performance, and strengthen procurement processes.

Uses technology and automation to make procurement reporting more efficient and effective.

Builds strong cross-functional relationships and communicates complex information clearly.

Demonstrates curiosity, analytical thinking, accountability, and a continuous improvement mindset.

The Company will provide reasonable accommodations to qualified individuals with disabilities to enable them to perform the essential functions of this position, in accordance with the Americans with Disabilities Act (ADA) and applicable state and local law. Employees who require an accommodation should contact Human Resources.

The Company is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state, or local law.