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Senior Procurement Analyst
3 months ago
Position Overview:
The Sourcing Analyst III plays a pivotal role in driving procurement strategies for designated product lines. This position is essential for optimizing supplier relationships and ensuring operational excellence.
Key Responsibilities:
- Central Point for Procurement: Act as the primary contact for all procurement activities related to assigned product lines.
- Performance Metrics Analysis: Conduct thorough data analysis to assess key performance indicators and operational effectiveness.
- Business Results Accountability: Take charge of achieving annual business objectives, including cost reductions and supplier compliance, by spearheading negotiations with both prospective and existing suppliers.
- Supplier Negotiation Leadership: Lead negotiations and supplier selection processes for new product introduction (NPI) initiatives and engineering modifications.
- Cost and Service Optimization: Ensure the selection of suppliers that provide the best upfront pricing and superior service by analyzing their financial stability, capacity, and capabilities.