Sourcing Analyst
- Collect, analyze, and interpret data related to products, suppliers, and market trends.
- Track overall spend, item/project margins, and identify areas for cost savings.
- Maintain and review records of items purchased, costs, deliveries, product performance, and inventories.
- Evaluate and select suppliers based on quality, cost, reliability, and service.
- Maintain and grow relationships with existing suppliers; identify and qualify new suppliers.
- Negotiate contracts, pricing, and terms to achieve the best value for the organization.
- Lead or support the implementation of sourcing projects, including RFPs, bid processes, and contract negotiations.
- Source and purchase goods and services, ensuring timely delivery and compliance with specifications.
- Review catalogs, industry periodicals, and consult with internal teams to locate needed products from the best possible sources.
- Develop and implement procurement strategies to meet organizational goals.
- Drive improvements in bidding processes and project management for sourcing initiatives.
- Participate in continuous improvement projects to enhance sourcing operations.
- Coordinate with sales, operations, quality, and finance to ensure alignment on sourcing needs and project timelines.
- Onboard new suppliers and products, including sample requests and test result monitoring.
- Serve as a backup to the purchasing team as needed.
- Bachelor’s degree in Business, Supply Chain Management, or a related field (preferred).
- 1–3 years of experience in procurement, sourcing, or supply chain roles
- Strong analytical and problem-solving skills; proficiency in Microsoft Excel and ERP/purchasing systems.
- Excellent communication, negotiation, and relationship management skills.
- Ability to manage multiple projects, prioritize tasks, and act with urgency.
- Critical thinking using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, and approaches to problems.
- Act with urgency to address urgent matters and ensure timely resolution.
- Prioritize tasks based on level of urgency and importance.
- Team participation - ability to successfully interact with coworkers to accomplish team and company goals while building healthy working relationships with them.
- Experience in the food industry is a plus.
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