Sourcing Analyst II
Boston Scientific · Marlborough, MA · 2 days ago
OTHR$63k/yrFull-time
About the role
The Sourcing Analyst II provides sourcing support, performance analysis, reporting, and insights in support of global sourcing category and commodity teams. This role supports indirect and direct materials sourcing, supplier diversity initiatives, and broader corporate programs. The ideal candidate combines strong analytical and technical skills with effective communication and relationship-building abilities.
Responsibilities
- Partner with sourcing and business stakeholders to develop, publish, enhance, and maintain key metrics reports, scorecards, dashboards, and analytics solutions that support decision-making across all levels of management.
- Manage the timely execution and delivery of recurring reporting, including savings tracking, spend management reporting, sourcing performance metrics, and supplier diversity reporting.
- Support all elements of spend analytics, including taxonomy maintenance, data mapping, data cleansing, supplier classification, and integration of information from multiple systems and sources.
- Analyze complex data sets to identify trends, opportunities, risks, and actionable insights that support sourcing strategies and business objectives.
- Proactively identify reporting, process, and data integrity issues, perform root cause analysis, and implement sustainable solutions to improve accuracy and efficiency.
- Leverage subject matter expertise to ensure data quality and provide guidance on best practices for reporting, analytics, and data governance.
- Conduct ad hoc and targeted analyses to support category management, sourcing initiatives, supplier negotiations, and executive decision-making.
- Conduct market, supplier, industry, commodity, and category research to identify sourcing opportunities and support strategic initiatives.
- Support request for proposal activities by conducting pricing analyses, cost modeling, supplier comparisons, and negotiation support.
- Perform category and commodity performance analysis, spend reporting, supplier performance monitoring, and data maintenance activities.
- Contribute to reporting automation, dashboard development, process improvement initiatives, and sourcing technology enhancements to increase efficiency and scalability.
- Participate in sourcing system implementations, upgrades, or enhancements by providing analytics expertise, supporting business requirements, and assisting with integration into reporting solutions.
Requirements
- Bachelor’s degree in business administration, finance, information technology, supply chain, analytics, or a related field.
- Minimum of 2 years’ experience as a business analyst, sourcing analyst, procurement analyst, supply chain analyst, or in a similar analytical role.
- Experience supporting sourcing, procurement, supplier management, or supply chain activities.
- Working knowledge of strategic sourcing methodology and vendor management principles.
- Experience working with enterprise resource planning systems, preferably SAP.
- Strong analytical, problem-solving, and data management skills with keen attention to detail.
- Ability to independently manage multiple projects, priorities, and deadlines.
- Advanced proficiency in Microsoft Excel, PowerPoint, and Access.
- Strong written, verbal, and presentation skills.
- Demonstrated ability to collaborate effectively with cross-functional teams and stakeholders at all levels of the organization.
Preferred Qualifications
- Experience with SAP Ariba.
- Experience with business intelligence and visualization tools, such as Tableau or Power BI.
- Experience developing dashboards, automated reporting solutions, and data visualizations.
- Knowledge of spend analytics, supplier diversity reporting, and procurement data management.
- Experience supporting sourcing technology implementations, reporting enhancements, or process improvement initiatives.
- Experience leveraging AI-powered tools, such as Microsoft Copilot, ChatGPT, or Power BI Copilot, to improve reporting efficiency, data analysis, and business insights.