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Strategic Sourcing Analyst
3 months ago
As a Strategic Sourcing Analyst at ChampionX, you will play a pivotal role in enhancing our procurement processes while ensuring adherence to safety and quality standards.
Key Responsibilities- Safety Commitment: Uphold safety protocols to maintain a secure work environment for all team members, fostering a culture that prioritizes safety and health.
- Quality Assurance: Engage in the Quality Improvement Process, implementing strategies to achieve error-free operations by emphasizing the importance of doing it right the first time.
- Policy Compliance: Ensure strict adherence to purchasing policies and standard operating procedures (SOPs).
- Market Analysis: Cultivate a deep understanding of supply market dynamics, including supply, demand, and cost price analysis for various chemical products.
- Economic Forecasting: Analyze and predict economic trends from a market perspective, identifying strategic buying opportunities based on supply and demand fluctuations.
- Value Chain Analysis: Evaluate the commodity value chain and develop cost models for critical materials.
- Purchasing Framework: Create a robust framework for assessing our procurement strategies against feedstock movements.
- Impact Assessment: Determine the effects of disruptions such as macroeconomic factors, logistics challenges, and legislative changes on product supply and pricing.
- Market Trends Reporting: Prepare and present market trend analyses on a quarterly basis to the marketing and business teams.
- Forecast Collaboration: Collaborate with regional managers to support monthly forecasting efforts.
- Arbitrage Management: Oversee arbitrage activities across different regions.
- Industry Evaluation: Develop frameworks utilizing SWOT, PESTLE, Value Chain, and Porter analysis to assess industries and supply countries.
- Bachelor's degree in Chemical Engineering, complemented by an MBA.
- A minimum of 5 years of experience in direct materials procurement within the Chemical or Oil & Gas industry.
- Proficiency in SAP, Microsoft Office Suite, and Power BI Dashboard.