Sourcing Analyst

Sourcing Analyst

Vacancies: 1

Duration: 1 Year

Location: On site- Imperial, Pennsylvania, USA.

On-Site: Hybrid role – expected to work on-site three days per week.

Hourly Rate: $30.00- $35.00 per hour/ W2, including benefits.

Hours perk week : 40

Flexibility to travel up to 10%, supporting both domestic and international business needs

Job Description

Hybrid role – expected to work on-site three days per week.

The Sourcing and procurement specialist is responsible to appraise and improve our purchasing activities by analyzing spend and supplier base, drive days to pay, price negotiations, purchase order placement, new supplier’s qualification and on-time delivery improvement.

The professional will manage supplier relationships and ensure compliance to all Power Conversion Storage policies and procedures, while achieving the best overall value. The position requires understanding of concepts, methods, and procedures to enable sourcing and procurement execution.

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.