Jobs · Purchasing

Senior Strategic Sourcing Analyst

McGraw Hill · United States · 3 wk ago
RemoteRemotePurchasing$85k–$110k/yrFull-time

About the role

The Senior Strategic Sourcing Analyst is part of the Strategic Sourcing organization within Global Procurement and plays a key role in strengthening analytical rigor and market insight that informs sourcing strategy and negotiations. This role operates with increased autonomy and judgment, providing advanced cost and pricing analytics, supplier economics insights, and structured recommendations that influence decisions. The Senior Analyst supports Managers and Directors by developing scenario-based views of supplier proposals, identifying risks and trade-offs, and preparing executive-ready summaries. This role will also play a strong part in implementation and management of Global Procurement’s spend analysis, procurement orchestration, and AI systems.

Reporting to the VP, Global Procurement, and working remotely from a home office, this is a critical position for supporting the Strategic Sourcing organization. This position may require travel 3-4 times per year for in-person meetings. This role is open to applicants authorized to work for any employer in the United States.

Responsibilities

  • Procurement Technology and Category Management
    • Design, implement, and support Global Procurement’s spend analysis, procurement orchestration, and AI systems.
    • Interpret supplier economics and market trends to provide insights that inform category strategies and sourcing plans.
    • Develop and maintain category intelligence (cost drivers, market benchmarks, supplier dynamics) to anticipate opportunities and constraints.
  • Commercial & Negotiation Capability
    • Develop pricing scenarios, cost models, and negotiation support materials; anticipate supplier positioning and levers.
    • Support live negotiations by providing real-time analytical support, trade-off views, and structured recommendations.
    • Support and contribute to contract negotiations by developing pricing scenarios, evaluating commercial terms, identifying risks, and providing structured recommendations to sourcing leaders and Legal.
  • Stakeholder & Influence Skills
    • Influence decisions through clear, data-driven communication; tailor recommendations for different stakeholder audiences.
    • Partner with cross-functional teams to align on requirements, evaluation criteria, and sourcing outcomes.
  • Analytical & Financial Acumen
    • Build advanced pricing and cost models; ensure analytical rigor, accuracy, and consistency across deliverables.
    • Validate savings logic and underlying assumptions; support value tracking integrity and reporting.
    • Play a significant role in Global Procurement’s savings and operational reporting.
  • Risk, Governance & Compliance
    • Identify commercial and contract risks (pricing structure, term risk, scope ambiguity) and escalate appropriately.
    • Ensure sourcing documentation supports governance requirements and is suitable for audit review.
  • Leadership & Talent Development
    • Mentor Analysts and improve analytical quality across the team through coaching, templates, and review practices.
    • Contribute to continuous improvement of sourcing analytics, reporting, and standardized work.

Requirements

  • Bachelor's degree required; advanced degree or professional certification preferred.
  • 5+ years of applicable experience in strategic sourcing, procurement analytics, finance, or a related field.
  • Strong financial and analytical acumen; ability to develop and interpret pricing/cost models.
  • Ability to influence stakeholders through structured insights and concise executive-level communication.
  • Experience supporting negotiation strategy development and evaluating supplier commercial proposals.
  • Demonstrated ability to support contract negotiations through advanced analysis of pricing, commercial structures, and risk considerations, in collaboration with Legal and business stakeholders.
  • Strong organization and prioritization skills; ability to manage competing deadlines and ambiguous inputs.
  • Proficiency with Microsoft Office tools, especially advanced Excel and PowerPoint.
  • Demonstrated mentoring or informal leadership capability.

Preferred Qualifications

  • Experience with category management practices and/or sourcing technology platforms.
  • Familiarity with contract structures (MSA/SOW), commercial terms, and risk considerations.

Benefits

A full range of medical and other benefits are offered as part of this employment package.

Pay

The pay range for this position is between $85,000 - $110,000 annually. Base pay offered may vary depending on job-related knowledge, skills, experience, and location.

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