Key Responsibilities:
The Sourcing Analyst – Procurement is a member of a client sourcing service delivery team, managing the development and execution of sourcing projects of various complexity levels. Responsible for executing simple to complex sourcing projects, from start to finish, including but not limited to - validating sourcing requests per client guidelines, analyzing requirements for the bid packages, communicating with client requesters to close any data gaps, preparing and publishing the package to the identified suppliers for bidding purposes, following up with suppliers to ensure adequate participation, analyzing and summarizing proposals, coordinating evaluation of suppliers, and facilitating decision makings.
- Provides sourcing services (RFP, RFI, RFQ) to our clients based on predefined service levels, managing 7-12 simple and/or intermediate projects simultaneously.
- Support teammates on various sourcing activities as assigned (e.g., RFx development, NDA management, spend data analysis, and proposal summarization).
- Once a project request is received - recognize if there are missing requirements, perform due diligence and validation, follow up with the requestor to obtain further project details, and answer any process related questions/status.
- Follow instructions contained in a category strategy card and other available Intellectual Capital (IC) regarding which suppliers to use and how to obtain quotes/proposals.
- Research and identify suppliers as required (i.e., supplier discovery).
- Analyze proposals submitted, prepare summaries, and present back to the client in a concise manner.
- May participate in peer reviews for other team member’s projects and check for quality, consistency, and compliance with Procurement methodology and client specific requirements.
- May also support the delivery of other Procurement and sourcing services including spend analysis, supplier performance management, and contract administration.
Ideal candidate for the Sourcing Analyst position:
- Bachelor’s degree in any field
- A minimum of 5-7 years of work experience in operational, procurement, sourcing, or service desk management.
- Understanding of at least one to three categories (e.g. pricing structures, terminology, bidding sheet development expertise, cost structure, key vendors, etc.).
- Assists in creating client-ready communications and applies a systematic problem-solving process independently.
