Sourcing Analyst

About the role

The Sourcing Analyst is responsible for effectively managing the purchase order replenishment process. Provides support in the purchase of goods, materials, supplies and equipment used in day-to-day operations for defined plants/categories. Focus is on matching inventory levels with production needs for raw materials, packaging components, purchased finished goods, and/or equipment to deliver impeccable service while optimizing cost and inventory.

Responsibilities

• Source raw materials, packaging components, purchased finished goods, and/or equipment
• Negotiate and bid to purchase and establish contracts for critical materials from approved sources
• Continuously develop critical suppliers and optimize supplier relationships to source product of the best quality at the optimum price at proper lead-times to meet customer requirements
• Execute KPIs and scorecards with suppliers to ensure service and quality are met
• Place purchase orders with suppliers, schedule deliveries, create bills of lading (where applicable) as it pertains to purchasing
• Analyze and set minimum stocking levels for critical raw materials, containers, finished goods, and/or equipment to minimize stock outs and product disruptions
• Monitor inventory levels, adjust reorder points, min/max levels, and lead times to maximize production SIOP levels
• Work closely with demand planning/forecasting to achieve highest possible accuracy
• Purchase from approved/awarded suppliers to support production, chemical management programs, and/or equipment sales to satisfy minimum order points, production demands, and sales forecast
• Follow, maintain and enforce procurement policies; support sourcing strategy execution
• Handle all claims, returns, and feedback and bring them to a timely closure
• Make necessary adjustments to purchase orders to ensure proper inventory levels are maintained
• Collaborate cross-functionally and communicate regularly with Commercial, Manufacturing, Operations, Receiving, Warehousing, Planning, and Quality to ensure expectations are consistently met
• Develop material categorization strategy and create and execute contingency plans for high criticality materials
• Monitor open purchase order report for proper closure
• Run materials-related procurement and inventory reports on a daily, weekly, and monthly basis
• Continuously strive to reduce total cost of procured goods and services
• Provide business leadership to understand the big picture and agility to change when this is the best course of action

Requirements

• Minimum of three to five years of job-related experience preferred
• Three+ years in operational purchasing or relevant business experience such as supply chain, operations, project management, or finance
• Advanced Microsoft Excel skills; Microsoft Dynamics experience a plus
• High level of accuracy and attention to detail
• Ability to work independently and in a group setting
• Solid telephone and oral communication skills and ability to build strong working relationships
• Must be authorized to work in the United States on a full-time basis without the need for current or future visa sponsorship

Qualifications

• Bachelor's degree required. Supply Chain, Business, Chemistry, Engineering, or related fields accepted.