Senior Strategic Sourcing Analyst - Indirect Procurement

The Strategic Sourcing Analyst - Indirect Procurement is responsible for driving cost savings, optimizing supplier relationships, and supporting sourcing initiatives for indirect categories such as IT, marketing, professional services, facilities, and more. The ideal candidate will have strong analytical skills, negotiation expertise, and a proactive approach to process improvement.

Client Details

The Strategic Sourcing Analyst - Indirect Procurement is responsible for driving cost savings, optimizing supplier relationships, and supporting sourcing initiatives for indirect categories such as IT, marketing, professional services, facilities, and more. The ideal candidate will have strong analytical skills, negotiation expertise, and a proactive approach to process improvement.

Description

• Sourcing Strategy Development

  • Collaborate with category managers to develop and implement sourcing strategies for indirect procurement categories.
  • Conduct market research and analyze supplier landscapes to identify cost-saving opportunities.

• Supplier Management

  • Build and maintain strong relationships with suppliers, ensuring alignment with company goals and values.
  • Evaluate supplier performance through metrics, KPIs, and feedback loops to ensure quality and compliance.

• Cost Optimization

  • Drive cost reduction initiatives by identifying opportunities for value engineering, supplier consolidation, or process improvements.
  • Analyze spend data and provide actionable insights to support budgeting and forecasting.

• Contract Management

  • Support contract negotiation, drafting, and execution to ensure favorable terms for the organization.
  • Monitor contract performance and renewal timelines to minimize risks and ensure continuity.

• Cross-Functional Collaboration

  • Partner with internal stakeholders to identify business needs, align procurement strategies, and implement effective solutions.
  • Act as a subject matter expert in indirect procurement, providing guidance and training where necessary.

• Reporting and Analysis

  • Develop and maintain dashboards, reports, and presentations to track sourcing initiatives, cost savings, and supplier performance.
  • Ensure data accuracy and provide insights to support decision-making processes.

Profile

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field.
• 3-5 years of experience in procurement, strategic sourcing, or supply chain, with a focus on indirect categories.
• Strong analytical skills and proficiency in tools such as Excel, SAP, Coupa, or other procurement software.
• Proven ability to manage multiple projects, meet deadlines, and deliver results.
• Exceptional negotiation, communication, and stakeholder management skills.
• Knowledge of procurement best practices, supplier management, and contract negotiation.
• Certification such as CPSM or CIPS is a plus.

Job Offer

Target compensation for the Senior Strategic Sourcing Analyst - Indirect Procurement is $75,000 - $100,000 base salary. Compensation is commensurate with experience.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.