SOURCING ANALYST

Required Qualifications:

Key Skills:

• Excellent negotiation and communication skills.
• Strong analytical and problem-solving abilities.
• Proficiency in ERP systems and sourcing tools.
• Organized, with strong project and time management skills.
• Ability to collaborate across functions and manage multiple priorities.
• High attention to detail and process accuracy.
• Resilient, with a proactive mindset.
• Strong ethics and professional integrity.
• Strategic thinking with a focus on continuous improvement.

• Identify, evaluate, and develop potential suppliers.
• Build and maintain strong, long-term relationships with suppliers.
• Conduct supplier performance reviews and manage contracts.
• •Develop and implement sourcing strategies aligned with company goals.
• Analyze market trends to identify savings and efficiency opportunities.
• Collaborate with internal stakeholders to understand requirements and define sourcing approaches.
• Manage the full cycle from RFQs (Request for Quotation) to final price setup in the system.
• Negotiate commercial terms and pricing to secure favorable supplier agreements.
• Ensure timely and accurate implementation of pricing and sourcing decisions.
• Monitor inventory trends and coordinate with planning/logistics teams to ensure supply continuity.
• Lead cost reduction initiatives and track savings performance.
• Identify supply chain risks and propose mitigation strategies.
• Ensure compliance with internal policies and regulatory standards.
• Analyze sourcing and pricing data to support decision-making and reporting.
• Prepare regular updates on sourcing activities, supplier performance, and achi eve results.