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- Tasks: Research and analyse marketplace data to optimise supply chain processes.
- Company: Dynamic company focused on innovative sourcing solutions.
- Benefits: Competitive salary, professional development, and a collaborative work environment.
- Why this job: Make an impact by managing supplier relationships and improving efficiency.
- Qualifications: Degree in relevant field and experience in supply chain management.
- Other info: Great opportunity for career growth in a fast-paced industry.
The predicted salary is between 28800 - 48000 £ per year.
Overview
As an Analyst – Sourcing, you will be responsible for researching, analyzing and evaluating marketplace data of vendors, manufacturers and suppliers and in providing business appropriate recommendations based on this analysis. You will manage a supply chain for goods or materials that ensure high material availability at the lowest possible total ownership cost to client operations. You will act as the primary contact to current and potential outside suppliers. You will manage the supply chain processes for a given commodity, including the development of inventory strategy, such that its effectiveness/efficiency is continually improved.
Responsibilities
- Negotiates contract elements, including terms and conditions, pricing, and lead-time.
- Manages suppliers’ performance, including support, development and monitoring of supplier performance metrics.
- Negotiates expected supplier performance metrics and develops and administers corrective action plans for performance failures.
- Prepares, distributes and awards RFQ blankets and reviews expiring blankets for re-bid.
- Determines, loads and updates pricing and lead times in purchasing database.
- Drives suppliers to electronic and automated interface andanalyzes spend and product mix for standardization opportunities.
- Serves as customer contact and alliance manager for supply chain issues.
- Develops and maintains professional knowledge regarding the market drivers, market trends, economic forecasts, supplier base, and competitive intelligence.
- Analyzes material demand and determines inventory strategy or alternative supply chain strategies for maintaining high material availability at the lowest total ownership costs.
- Functions as team leader and facilitator for supplier negotiations, engineering standardization meetings, category strategy development, etc.
- Communicates and coordinates supplier strategies with sales engineer.
- Ensures commodity and inventory strategies are aligned with key customer initiatives and metrics.
Qualifications
- Associates’ Degree (U.S.)/College Diploma (Canada) required; Bachelors Degree preferred
- 2 years required, 4 years preferred of related work experience
- Strong computer skills, including Micro Soft office
- Effective skills in contract negotiation and implementation
- Performance management and negotiation skills
- Demonstrated business acumen, customer awareness, and ability to create value
- Purchasing and ERP systems (Citrix, MAPS, PassPort, E-max)
- Supply chain management, customer service, and vendor management
- Ability to manage conflict, build consensus, establish trust, communicate effectively, and foster cultural change
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Analyst - Sourcing employer: WESCO Distribution
Contact Detail:
WESCO Distribution Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Analyst - Sourcing
✨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 the company and its supply chain processes. Show them you understand their needs and how you can help improve efficiency and reduce costs. We want to see your analytical skills in action!
✨Tip Number 3
Practice your negotiation skills! Whether it's discussing salary or supplier terms, being confident and prepared can make all the difference. Role-play with a friend or use online resources to sharpen those skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Analyst - Sourcing
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Analyst - Sourcing role. Highlight your experience with supply chain management, vendor negotiations, and any relevant software skills. We want to see how your background aligns 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 sourcing and how your skills can benefit us at StudySmarter. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: As an Analyst, your ability to analyse data is key. In your application, mention any tools or methods you’ve used to evaluate marketplace data or supplier performance. We love seeing candidates who can demonstrate their analytical prowess!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining the StudySmarter team!
How to prepare for a job interview at WESCO Distribution
✨Know Your Numbers
As an Analyst - Sourcing, you'll be dealing with a lot of data. Brush up on your analytical skills and be prepared to discuss how you've used data to make decisions in the past. Bring examples of how you’ve analysed marketplace data and what recommendations you made based on that analysis.
✨Master the Art of Negotiation
Negotiation is key in this role. Think about your previous experiences where you negotiated terms or contracts. Be ready to share specific examples and the outcomes. Practise articulating your negotiation strategies clearly, as this will show your potential employer that you can handle supplier relationships effectively.
✨Understand Supply Chain Dynamics
Familiarise yourself with supply chain management concepts and current market trends. Research the company’s supply chain processes and be prepared to discuss how you would improve efficiency and effectiveness. Showing that you understand their operations will set you apart from other candidates.
✨Showcase Your Tech Savvy
Since strong computer skills are essential for this role, be ready to talk about your experience with purchasing and ERP systems. If you have experience with tools like Citrix or MAPS, mention it! Highlighting your technical abilities will demonstrate that you can hit the ground running.