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- Tasks: Analyse data to optimise sourcing performance and deliver impactful insights.
- Company: Join Mediq UK, a global leader in healthcare solutions.
- Benefits: Enjoy competitive salary, life assurance, and community investment days.
- Why this job: Make a real difference in healthcare while developing your analytical skills.
- Qualifications: Experience in data analysis and sourcing systems required.
- Other info: Dynamic role with opportunities for growth and innovation.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Sourcing and Data Analyst role at Mediq UK.
We are recruiting for a Sourcing & Data Analyst to join our Sourcing team based at our HQ in Castle Donington. The Sourcing & Data Analyst is responsible for delivering robust data insights and financial alignment to optimize sourcing performance. This role will analyse savings, tenders, supplier compliance, and budgeting while continuously improving tools and processes.
Salary – £45,000.
Responsibilities
Savings & Financial Alignment
- Track, analyse, and validate monthly savings performance.
- Align savings reporting with Group and Local Finance for accuracy and consistency.
- Review savings numbers with Sourcing Leads per category and Supplier.
- Conduct detailed analysis of RFQs and tender outcomes.
- Calculate baselines and realized savings for tenders.
- Provide data-driven insights to support sourcing decisions.
Sourcing Performance
- Monitor and report sourcing performance (margin improvement).
- Deliver monthly ITM/YTD/FYO estimations and Forecast submissions.
- Support Cross Boarder Trading performance reporting and monthly global/local Finance alignment.
- Prepare the UKI Monthly Performance Review (MPR) deck.
- Track and report volume bonuses; align with Supply Chain & Finance on additional purchases.
- Monitor and report conditionals (non-volume bonuses), including accrual planning.
- Handle credit notes and recommend corrective actions.
Payment Terms
- Monitor and report payment terms (GEP/SAP delta analysis).
- Identify actions to ensure alignment and improvement.
Negotiation & Integration Support
- Conduct data mining and preparation to support negotiations.
- Perform impact calculations across 300+ active suppliers in UKI.
- Develop tools to manage and report negotiation outcomes.
- Support pricing analysis and integration activities during M&A (e.g., C&P in 2025).
Sourcing Process & Data Management
- Manage pricing records and resolve invoice price deviations.
- Calculate and monitor ship through agreements with suppliers to safeguard margins.
- Develop and share supplier data reports for transparency.
Tools & Process Improvement
- Develop, improve and optimize analytical tools, dashboards, and templates.
- Standardize reporting methods to improve efficiency.
- Manage sourcing tools (e.g., GEP): user support, contract setup, reporting.
- Create and maintain Cognos reports (standardized, scheduled, and customised).
- Lead process automation and tool creation for sourcing tasks.
- Manage SharePoint (access rights, folder structures, audit readiness).
- Track supplier performance against KPIs (e.g., minimum purchase obligations).
- Ensure compliance with financial and contractual requirements.
Budgeting & Cost Analysis
- Provide accurate spend and savings data for budget planning.
- Perform cost analyses using historical trends and benchmarks to support negotiations.
Qualifications
We are seeking an individual with keen eye for detail and have proven experience with sourcing systems (GEP) and ERP platforms (SAP).
- Strong data analysis and financial modelling skills.
- Advanced Excel; proficiency with reporting tools (Cognos, Power BI) and databases.
- Experience with ERP (SAP / IFS) and sourcing platforms (GEP).
- Knowledge of procurement and supplier management processes.
- High attention to accuracy, detail, and process discipline.
- Bachelor’s degree in Business, Finance, Data Analytics, Supply Chain, or related field.
- 3–5 years of experience in procurement, sourcing, or data analysis.
- Strong track record in savings analysis, tender evaluation, and supplier performance tracking.
- Exposure to M&A integration is a plus.
Benefits
- 4x life assurance
- Salary Sacrifice Electric Car Scheme
- Community Investment days
- Carers passport scheme and matched leave
- Cycle to work scheme
- Employee Assistance programme
This is an exciting opportunity to join a global organisation with a meaningful purpose – delivering products and solutions that make a real difference in healthcare every day.
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Sourcing and Data Analyst employer: Mediq UK
Contact Detail:
Mediq UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sourcing and Data Analyst
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching Mediq UK and understanding their sourcing processes. Tailor your answers to show how your skills align with their needs, especially in data analysis and financial alignment.
✨Tip Number 3
Practice your data storytelling! Be ready to explain how your past experiences in savings analysis and supplier performance tracking can benefit the Sourcing team at Mediq UK.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining the team.
We think you need these skills to ace Sourcing and Data Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Sourcing and Data Analyst role. Highlight your experience with data analysis, sourcing systems, and any relevant tools like GEP or SAP. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background makes you a perfect fit. Don’t forget to mention specific examples of your achievements in sourcing and data analysis.
Show Off Your Analytical Skills: Since this role is all about data insights, make sure to showcase your analytical skills in your application. Include any relevant projects or experiences where you've successfully used data to drive decisions or improve processes.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Mediq UK
✨Know Your Numbers
As a Sourcing and Data Analyst, you'll be dealing with a lot of data. Brush up on your financial metrics and be ready to discuss how you've tracked and analysed savings performance in the past. Bring examples of your work with RFQs and tender outcomes to showcase your analytical skills.
✨Master the Tools
Familiarise yourself with the tools mentioned in the job description, like GEP and SAP. If you have experience with Cognos or Power BI, be prepared to talk about how you've used these tools to improve reporting and analysis. Showing that you can hit the ground running will impress the interviewers.
✨Showcase Your Process Improvement Skills
The role involves optimising tools and processes, so think of specific instances where you've improved efficiency in your previous roles. Be ready to discuss how you developed dashboards or automated tasks, as this will demonstrate your proactive approach to problem-solving.
✨Prepare for Scenario Questions
Expect questions that ask how you'd handle specific sourcing challenges or data analysis scenarios. Practice articulating your thought process and decision-making steps. This will help you convey your expertise and show that you're equipped to tackle the responsibilities outlined in the job description.