What are the responsibilities and job description for the Sourcing Analyst position at Business Integra Inc?
Job Title: Sourcing Analyst I (Procurement)
Location: Findlay Township PA
Essential Responsibilities
- Drive procurement activities on assigned projects to deliver a competitive advantage within the North American market and apply advanced sourcing and procurement best practices towards operational excellence.
- Conduct RFQ’s, negotiate pricing and contractual terms.
- Issue purchase orders and actively support the full procure to-pay cycle.
- Maintain full compliance with all applicable regulations when purchasing for U.S. Government and defense-related programs.
- Follow-up PO acknowledgement, delivery status and solve delivery problems and schedule changes. Keep ERP system updated to reflect any change.
- Ensure all invoices are received promptly to support accurate processing and cash-flow management.
- Facilitate the resolution of AP, logistics and customs issues related to purchase orders.
- Improve key performance metrics for NA region such as on-time delivery, savings against budget, year-over-year deflation, payment terms, cost of failure and liquidated damage claims related to suppliers’ delays.
- Develop reports, analyze spend and apply sourcing and procurement methodologies to identify opportunities for cost-reduction and cash flows improvements.
- Resolve contractual and supplier disputes where they occur, protecting the interests of the business and engaging legal Business Partners where required.
- Develop a strong relationship with Engineering, Operations, Finance, Project Management, Quality, and other internal and external stakeholders.
- Lead and maintain meetings, reviews and communicate about project status.
- Effectively collaborate with regional stakeholders and global sourcing members to interpret requirements, define, develop and implement sourcing and procurement strategies to further enhance business performance and outcomes.
Required Qualifications
- Flexibility to travel up to 10%, supporting both domestic and international business needs
- Bachelor’s degree from an accredited university or college in business related areas.
- Minimum of 2 years’ experience in commercial sourcing, procurement, supplier management and contract negotiation or 1 year experience plus MBA / master’s degree in relevant field
- Experience in purchase order execution
- Ability to be proactive and negotiate with vendors/supplies when needed
- Fundamental knowledge of sourcing and procurement process
Desired Characteristics
- Following up and expediting procurement process from purchase to delivery
- Solid M/S office skills including excel formulas, v-look up and pivot table knowledge.
- Strong verbal and written communication skills as well as presentation and report preparation skills.
- Excellent negotiation and analytical skills with the ability to build strong relationships with suppliers and stakeholders.
- Ability to execute sourcing and procurement tasks across multiple projects simultaneously.
- Ability to assess supplier technical capability, supplier capacity, and develop new suppliers.
- Data analysis skills
- Knowledge of SAP.
Salary : $35 - $37