Job vacancy - Strategic Sourcing Analyst

Position: Strategic Sourcing Analyst
Reference: acsCTssat
Location: Great Yarmouth
Salary: £29,500 - £38,000 per annum
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Title: Strategic Sourcing Analyst

Do you have proven history of actively managing a diverse vendor base, successfully leading contract negotiations, driving vendor KPI improvement and achieving cost reduction? Do you have a minimum of 3 years of experience in Direct Materials procurement/sourcing?

Strategic Sourcing Analyst required near Great Yarmouth

OTE: upto £38,000

Location: Great Yarmouth

Develop and implement multi-year strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service. Align strategy and execution with cross-functional partners such as engineering, manufacturing, product management and functional owners. They execute the competitive bid, negotiation, contracting processes and/or technical continuous improvement for assigned commodities or services; collaborate across Business Units and cross-regions for optimal company leverage. The teams demonstrate a high level of expertise in procurement competencies (business/supply chain acumen, negotiation, sourcing strategy development and execution, global savvy, and project and product lifecycle management) and ensure results are delivered compliant with company policies and procedures.

The Role of Strategic Sourcing Analyst:

  • Strategic Sourcing Analysts participate in the development of strategies for assigned commodities, suppliers and parts/services to achieve established goals in supplier quality, delivery, price and service.
  • They align strategy and execution with cross-functional partners such as engineering, manufacturing, product management, and sales.
  • Strategic Sourcing Analysts implement and execute sourcing strategies, conducting the competitive bid, negotiation, and contracting processes. They also manage supplier performance and out-standing orders.

Responsibilities:

  • Deliver year on year cost savings in line with corporate targets, working with internal teams to identify cost reduction opportunities.
  • Drive supplier performance improvements in key KPIs (e.g. on time delivery performance, quality, lead time, MOQ and payment terms).
  • Take full ownership of supplier relationships.
  • Provide monthly KPI reports and presentations to key stakeholders.

What are the key (minimum) requirements for a successful Strategic Sourcing Analyst application?

  • Proven history of actively managing a diverse vendor base, successfully leading contract negotiations, driving vendor KPI improvement and achieving cost reduction.
  • A minimum of 3 years of experience in Direct Materials procurement/sourcing.
  • Experience sourcing metal machined parts is highly desirable.
  • Demonstrated experience with Microsoft Office - particularly Excel.
  • Experience with ERP/MRP systems (SAP and/or SAGE experience desirable).
  • Strong and effective negotiator, influencer, and agent for change.
  • Ability to manage both supplier and internal stakeholder relationships.
  • Demonstrated ability to organize and prioritize a rapidly changing set of objectives.
  • Excellent oral and written communication skills demonstrated by the ability to communicate across all levels of the organization and with suppliers.
  • Knowledge of contract construction and language, cost drivers and cost analysis, and supplier evaluation and approval process desirable.

If you would like to learn more about the role of sales executive Apply Today and we will be in touch!

ACS are recruiting for a Strategic Sourcing Analyst If you feel that you have the skills and experience required in this advertisement to be a Strategic Sourcing Analyst, please submit your CV including an outline of your experience as a Strategic Sourcing Analyst. It is always a good idea to include a covering letter outlining your experience as a Strategic Sourcing Analyst with your application as this will enhance your chances of selection and improve your prospects of landing the Strategic Sourcing Analyst role you desire.