Job Title Senior Sourcing Analyst
Job Description
Job Summary Major goals and objectives.
The position will be responsible for driving continuous improvement of procurement activities across the organization. The Sourcing Analyst will develop and interpret spend analytics, establish cost saving initiatives, conduct supplier market assessments, develop and manage formal RFP events, negotiate competitive pricing and contract language, and deliver organizational improvements via cost reductions and supplier added values. The position also supports the capital expense management program, including system administration and sourcing events. The position requires ongoing collaboration with various business groups and leaders to identify strategic sourcing needs and opportunities. Strong analytical, contract negotiation, sourcing, communication, presentation, and vendor relation skills are required of this position.
Essential Job Functions
Weight % Accountabilities, Actions and Expected Measurable Results
50% -Drive continuous procurement improvement:
Develop and interpret financial analysis that drive continuous operational improvements
Establish strategic sourcing initiatives
Deliver cost saving results
30% -Conduct activities that support Strategic Sourcing initiatives:
Proficiently use technologies used for strategic sourcing, with advanced skills in ERP financial systems, MS Excel, MS SharePoint, and MS Outlook
Manage vendor relationships and conduct supplier evaluations
Assist with the preparation, distribution and operational reporting
20% -Conduct analytic administration tasks:
Accurately report financial impact data from sourcing events
Prepare analytical reports to support strategic sourcing initiatives
Conduct invoice and spend data mining
Manage databases for financial and vendor records
Minimum Qualifications and Job Requirements All must be met to be considered.
Education
Bachelor's degree (Business Administration, Finance, or Accounting preferred)
Experience
Minimum four years' experience in a related field (Procurement, Supply Chain, Strategic Sourcing, or similar)
Preferred IT Sourcing background
Specific Knowledge, Skills And Abilities
Works effectively with all levels of management and collaborates with team members
Must have ability to manage multiple simultaneous projects
Excellent data analytical skills
Excels in a fast pace environment
Excellent communication skills, both verbal & written
Prompt, courteous & professional customer service is expected to all internal & external customers
Excellent computer skills and proficient in excel, word and SharePoint
Contract negotiation experience
Vendor relations management experience
Capital expense management experience
% Travel Required (Approximate):
0-5%
It is the policy of Dotdash Meredith to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, the Company will provide reasonable accommodations for qualified individuals with disabilities.Accommodation requests can be made by emailing .
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