Analysis Skills, Artificial Intelligence (AI), Communication Skills, Corporate Policies, Cost Modeling, Data Analysis, Detail Oriented, Market Trend Analysis, Medical Equipment, Negotiation Skills, Performance Analysis, Presentation/Verbal Skills, Pricing, Project Evaluation, Purchase Orders, Purchasing/Procurement, Request for Proposals (RFP), Supply Chain, Systems Engineering, Team Player, Thought Leadership, Trend Analysis, Variable Costs, Vendor/Supplier Evaluation, Vendor/Supplier Quality Management, Vendor/Supplier Selection, Writing Skills
Our client, a Global Medical Device Manufacturer, has an immediate opening for a Sr. Sourcing Analyst for a 12-month contract. Our client offers results-driven people a place where they can make a difference - every day! You will also have the opportunity to work with other like-minded, self-directed, and detail-oriented Top Talents in an extremely collaborative and professional environment.
Negotiates favorable terms, volume discounts and long-term contracts with suppliers and prepares and processes requisitions and purchase orders for the procurement of technical equipment, custom engineered products, systems, software or components. Acquires and maintains understanding of technology trends, market forces, cost trends and supplier technology road maps. Reviews purchase order claims and contracts for conformance to company policy and discusses defects and delivery problems with suppliers and negotiates refunds. This is a highly specialized individual contributor role that requires deep expertise from a professional / technical thought leader in their respective field or discipline.
Position Description
- Analyze supplier performance details and trends
- Analyze internal and external cost details to identify opportunities and build strong data-driven cases to support cost negotiations
- Create cost models for supplier price structures.
- Develop models detailing the impact on variables to cost and profit, including things on volume/spend growth and impact on material price changes
- Utilize AI in modeling and analysis
- Issue RFQs, facilitate & lead auctions, and generate should cost requests
- Analyze results from above and provide a summary and recommendations to sourcing managers
- Develop negotiation fact sets and presentations to support supplier negotiations
Qualifications/Experience:
- Bachelor's in Supply Chain, Analytics, or related business degrees. 3 years of / Sourcing /Procurement Supply chain experience, preferably in medical devices or other highly regulated environments.
- Experience in supplier selection, performance management, cost models, and presentations
- Skilled in data analysis and presentation of results.
- Comfortable with data ambiguity and developing clarity across disparate systems.
- Experience leveraging AI for this scope.
- Ability to handle a high number of concurrent tasks in parallel. Example being launching multiple RFQs and should costs, and during the response time working on other analyses and projects.
- Effective communication skills - written, oral, and presentations. Able to tell a story from data and effectively communicate with visuals.
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iMPact Business Group, Inc.