Sourcing Analyst
The Vincit GroupAbout the role
It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
SUMMARY:
Under direct supervision, completes and supports the sourcing and procurement processes for basic commodities. Assists with managing assigned projects and business unit collaboration. Assists with contract / PO administration and review. Processes ordering information under existing contracts (purchase orders, assignments, contract terms etc) and services procurement systems.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Gathers information, researches company sourcing needs, supports negotiation strategies, develops financial analysis, and supports Senior Sourcing Analysts
- Learns purchasing systems and ensures that buying procedures and systems are followed
- Inputs purchasing data to ensure automated purchasing procedures
- Creates and utilizes blanket purchase orders and processes purchase requisitions via purchase order or change orders
- Solicits bids, contracts, data, and other information from supplier and inputs into supply chain (SC) systems
- Manages buyer functions on less complicated commodity categories
- Assists with opportunity assessment of major categories and cost of ownership opportunities; analyzes key trends in global supply, profile market, and industry analysis
- Tracks and documents changes from process related to automation or other efficiency drivers
- Maintains database information and updates internal sourcing information such as historical bids/quotes, commodity price monitoring, and supplier lists, etc.
- Ensures that all record keeping systems work properly
- Prepares ad hoc reporting, real-time generation of standard and customized reports
- Assists on complex special projects and other assignments as directed
COMPETENCIES:
- Knowledge of standardized sourcing practices and procedures
- Ability to prioritize, schedule, organize, focus on, and complete work
MINIMUM EDUCATION AND/OR EXPERIENCE:
- Bachelor's degree in a related field with one year of related experience, or equivalent combination of education and/or experience related to the discipline.
COMMUNICATION SKILLS:
- Abiity to read, analyze, and interpret business periodicals, professional journals, financial reports, and legal / shipping documents
- Ability to write reports and business correspondence
- Advanced negotiation skills and ability to gain concessions without damaging relationships
- Ability to effectively present information to various groups
COMPUTER SKILLS:
- Knowledge of word processing, spreadsheet, and presentation software
- Ability to work with financial systems
ANALYSIS AND PROBLEM-SOLVING ABILITY:
- Ability to solve practical problems and deal with a variety of variables in situations where only limited standardization may exist.
- Ability to apply common sense understanding to carry out detailed written or oral instructions.
- Ability to review financial and other business data, and to summarize that information for management.
DECISION MAKING:
- Ability to understand when to seek help or notify management or supervisor
- Ability to make changes to reports and make recommendations to solve internal issues or problems.
- Ability to seek other options and weigh the advantages / disadvantages of each
- Fiscal responsibility, a sense of ownership over company funds
PHYSICAL DEMANDS:
- Ability to sit up to 2/3 of the time and to stand, walk, and stoop up to 1/3 of the time.
- Good vision and ability to adjust focus is required.
- Manual dexterity is required.
- Must occasionally lift and/or move up to 10 pounds.
WORK ENVIRONMENT:
- Office environment.
- Employees in may be responsible for providing services to various subsidiaries and affiliates.
VIN123
If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!
Apply for this role
Generate a tailored application kit with a matched cover letter, interview prep, and CV highlights — in under 60 seconds.
Apply Now →Generate Application KitFree account required — sign up in 30s