What are the responsibilities and job description for the Senior Sourcing Analyst position at LogistiQ Manufacturing LLC?
JOB TITLE: Senior Sourcing Analyst
DEPARTMENT: Purchasing
REPORTS TO: Purchasing Manager
FLSA STATUS: Salary Exempt
COMPANY OVERVIEW: LogistiQ is a dynamic and rapidly growing conveyor system integrator dedicated to providing turn-key innovative solutions to the retail, e-commerce & distribution markets. In our 750,000 sq. ft. facility located in Port Clinton, Ohio, you will find a team of innovators dedicated to building solutions that solve our customers’ evolving needs.
At LogistiQ, our core values of integrity, innovation, accountability, and collaboration are the cornerstones of our success. Integrity is at the heart of everything we do, ensuring honesty and transparency in our actions. Innovation drives us to constantly seek creative solutions and push the boundaries of what's possible. Accountability means we take responsibility for our work and uphold the highest standards. Collaboration fuels our collective strength, bringing together diverse perspectives to achieve common goals. By embracing these values, we foster a culture that not only delivers exceptional results but also makes LogistiQ a great place to work.
JOB SUMMARY: The Senior Sourcing Analyst leads strategic sourcing initiatives that optimize cost, mitigate risk, and deliver measurable value to the organization. This role combines analytical rigor with supplier relationship management and cross-functional collaboration. The ideal candidate brings deep knowledge of procurement best practices, market dynamics, and negotiation strategy within a manufacturing environment.
ESSENTIAL DUTIES & RESPONSIBILITIES include the following, but not limited to:
Strategic Sourcing & Category Management
- Lead end-to-end strategic sourcing initiatives, including supplier identification, evaluation, negotiation, and contract award
- Develop and execute category strategies aligned with organizational goals
- Identify and implement cost optimization and value engineering opportunities
- Conduct competitive bidding processes (RFQ/RFP) to ensure best total cost of ownership
Cost Analysis & Market Intelligence
- Analyze spend data, pricing trends, and cost structures to identify savings opportunities
- Develop cost models to support negotiation strategy and supplier selection
- Monitor commodity markets and supply conditions to proactively manage risk
- Evaluate total cost of ownership, including logistics, lead time, and lifecycle costs
Supplier Relationship & Performance Management
- Establish and maintain strong supplier partnerships
- Conduct supplier performance reviews (quality, delivery, cost, service)
- Lead issue resolution and corrective action processes
- Drive continuous improvement initiatives with strategic suppliers
- Assess and mitigate supply risk through dual sourcing and contingency planning
Cross-Functional Collaboration
- Partner with Engineering, Operations, Finance, and Quality to align sourcing decisions with business requirements
- Support new product introductions (NPI) and design-to-cost initiatives
- Ensure compliance with technical, commercial, and regulatory requirements
- Provide sourcing insights to support business planning and forecasting
Contract & Procurement Governance
- Support contract lifecycle management, including renewals, amendments, and compliance tracking
- Ensure procurement policies and procedures are followed and continuously improved
- Contribute to process standardization and documentation efforts
- Maintain accurate data within ERP and procurement systems
Reporting & Performance Tracking
- Track and report sourcing KPIs, cost savings, and value realization
- Prepare executive summaries and performance dashboards for leadership
- Monitor supplier scorecards and performance metrics
SUPERVISORY RESPONSIBILITIES:
- None
TRAVEL DEMANDS:
- This position may require occasional travel.
QUALIFICATIONS & REQUIREMENTS:
- Cost modeling and advanced analytical problem-solving
- Strategic mindset with strong execution capabilities
- Supplier relationship and performance management
- Risk assessment and mitigation planning
- Ability to perform in a fast-paced, production-driven environment
- Experience sourcing direct materials (e.g., metals, plastics, electronics, machined parts, chemicals, packaging)
- Strong understanding of manufacturing processes and cost drivers
- Demonstrated success negotiating with domestic and international suppliers
- Advanced proficiency in Excel and data analysis
- Experience with ERP and procurement systems (Syteline preferred)
- Strong cross-functional communication and stakeholder management skills
EDUCATION & EXPERIENCE:
- Bachelor’s degree in Supply Chain, Engineering, Business, Finance, or related field
- Minimum of 5 years of procurement or strategic sourcing experience in a manufacturing environment
PHYSICAL DEMANDS:
- Prolonged periods of sitting at a desk and working on a computer.
- Must be able to lift up to 50 pounds at times.
WORK ENVIRONMENT: This position operates primarily in a professional, temperature-controlled office environment within a manufacturing facility. The role requires frequent interaction on the shop floor, where exposure to moving mechanical parts, airborne particles, and varying noise levels may occur. Temperature conditions may fluctuate seasonally in shop floor areas.
AAP/EEO STATEMENT: LogistiQ firmly believes in equal employment opportunity for all and the importance of each employee as an individual. It is the policy of LogistiQ that there will be no discrimination against any employee or applicant for employment based on race, religion, creed, color, national origin, citizenship, marital status, sex, age, sexual orientation, gender identity, protected veteran status, political ideology, ancestry, the presence of any physical, sensory, or mental disabilities, or other legally protected status. It is the policy of LogistiQ that we will recruit, hire, train, and promote persons in all job titles, and ensure that all other personnel actions are administered without regard to race, religion, creed, color, national origin, citizenship, marital status, sex, age, sexual orientation, gender identity, protected veteran status, political ideology, ancestry, the presence of any physical, sensory, or mental disabilities, or other legally protected status, and we will ensure that all employment decisions are based only on valid job requirements. A strong commitment from each employee is necessary to ensure equal employment opportunity for all.
NOTE: This Job Description may be modified due to business necessity.