Senior Sourcing Analyst - Knowledge Services

GEP is a diverse, creative team of people passionate about procurement. We invest ourselves entirely in our client's success, creating strong collaborative relationships that deliver extraordinary value year after year. Our clients include market global leaders with far-flung international operations, Fortune 500 and Global 2000 enterprises, leading government and public institutions.

We deliver practical, effective services and software that enable procurement leaders to maximize their impact on business operations, strategy and financial performance. GEP is a place where individuality is prized, and talent respected. We're a learning organization, actively looking for people to help shape, grow and continually improve us.

Are you one of us?

As a Senior Sourcing Analyst, you will play a pivotal role in collaborating with internal and external stakeholders and suppliers to drive cost efficiency and strategic sourcing initiatives. Your analytical skills and industry expertise will be crucial in optimizing procurement strategies, enhancing vendor relationships, and ensuring compliance with corporate standards.

Key Responsibilities:

• Vendor Management: Solicit bids, lead auctions, negotiate with suppliers, and make recommendations. Qualify and contract with new vendors to ensure optimal procurement solutions.
• Cross-Functional Collaboration: Lead cross-functional sub-category teams to develop deep category knowledge. Drive adherence to preferred supplier agreements and improve non-compliance issues.
• Trend Analysis & Benchmarking: Monitor industry trends and best practices. Conduct industry benchmarking and market intelligence reports to ensure strategic alignment with the latest market developments.
• Stakeholder Engagement: Foster strong partnerships with internal stakeholders and maintain excellent public relations with outside suppliers to support organizational goals.
• Performance Management: Draft and evaluate scorecards. Conduct complex supplier performance validation events and drive continuous improvement initiatives.
• Risk Assessment: Perform detailed supplier profiling and financial risk assessments to mitigate potential risks and ensure supplier reliability.

Qualifications:

• Education: Bachelor's degree required.
• Experience: Minimum of 3-6 years in Sourcing and Procurement.
• Skills:

oAdvanced analytical, reporting, and presentation skills, including the ability to create baselines, perform market analyses, and summarize key points effectively.

oExcellent verbal and written communication skills, with a proven ability to negotiate effectively with suppliers and vendors.

oStrong multi-tasking abilities to manage various procurement projects and tasks simultaneously.

oAbility to lead and manage meetings and communicate effectively with all levels of management.

oDemonstrated success in team management and leadership.

Salary Range: $65,000 - $75,000 annually, based on experience and qualifications.

Additional Compensation: Eligible for a performance-based bonus tied to individual and company performance.

Benefits: Comprehensive health coverage (medical, dental, and vision), 401(k) plan with a 3% company match, paid time off, company holidays, and professional development opportunities.

What You'll Gain:

• Exposure to a dynamic procurement environment where strategic sourcing and innovation are key drivers.
• Opportunities to influence procurement strategies and contribute to the company's cost-saving goals.
• A collaborative and supportive work culture that values your expertise and encourages professional growth.