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Responsibilities
The Sourcing and Costing Analyst reporting to the Procurement Supervisor is responsible for sourcing, issuing RFQ and RFPs, selecting acceptable quotations, negotiating with suppliers and preparing customer proposals for existing and new products.
- Source product and issue RFPs and RFQs
- Manage vendor relationships including costing, delivery terms, and other related metrics to ensure maximum profitability and competitive costs
- Prepare proposals for customer requirements
- Maintain and control vendor files as they relate to cost and specifications
- Actively participate and engage in continuous improvement strategies and cost reduction initiatives
- Perform regular cost analysis on new & existing items to ensure our pricing is competitive & profitable
- Work closely with Sales Reps, Customer Service, Buyers and Internal customers/stakeholders
- Collaborate with Operations team to ensure cost estimates are aligned with Operational capabilities
- Ensure ownership and responsibility is taken for all quoting requirements
- Prepare reports for sales and management
- Ability to work core business hours of 8:00am – 5:00pm Eastern standard time Monday through Friday
- Other duties as required
Responsibilities
The Sourcing and Costing Analyst reporting to the Procurement Supervisor is responsible for sourcing, issuing RFQ and RFPs, selecting acceptable quotations, negotiating with suppliers and preparing customer proposals for existing and new products.
- Source product and issue RFPs and RFQs
- Analyze quotations selecting most cost effective option
- Manage vendor relationships including costing, delivery terms, and other related metrics to ensure maximum profitability and competitive costs
- Prepare proposals for customer requirements
- Maintain and control vendor files as they relate to cost and specifications
- Actively participate and engage in continuous improvement strategies and cost reduction initiatives
- Perform regular cost analysis on new & existing items to ensure our pricing is competitive & profitable
- Work closely with Sales Reps, Customer Service, Buyers and Internal customers/stakeholders
- Collaborate with Operations team to ensure cost estimates are aligned with Operational capabilities
- Ensure ownership and responsibility is taken for all quoting requirements
- Prepare reports for sales and management
- Ability to work core business hours of 8:00am – 5:00pm Eastern standard time Monday through Friday
- Other duties as required
Qualifications
You are a highly motivated, customer-oriented Sourcing and Costing Analyst who enjoys a fast-paced and exciting challenge. You are organized, analytical and detailed oriented with previous sourcing and quoting experience, preferably in the Distribution Industry.
- Some post secondary technical training from an accredited institution or 2 years experience in sourcing and estimating. Experience in packaging or redistribution would be an asset
- Strong mathematical skills
- Excellent analytical, interpretive, and problem-solving skills
- Exceptional written and verbal communication/documentation skills
- Knowledge of effective negotiation skills and how to apply them to standard business transactions and managing contracts
- Ability to efficiently manage multiple tasks and schedule priorities
- Self-motivated, detail oriented and the ability to process confidential and/or controlled information
- Strong Microsoft office skills, previous ERP system experience would be an asset
- Excellent organization and planning skills with ability to perform multiple tasks and meet tight deadlines
- Ability to work in a team and autonomously with little direction
Competencies
Customer Focus - Personally demonstrates that external and internal customers are a high priority. Identifies customer needs and expectations and responds to them in a timely and effective manner. Anticipates and prevents delays or other things that can adversely affect the customer. Keeps customers informed about the status of pending actions and audits customer satisfaction with products or services.
Decision Quality - Gathers enough information to allow a pragmatic assessment of risks and benefits of alternative approaches in any decision. Stays focused on objectives and considers both the short-term and longer-term impact of decisions and keeps objectives in mind throughout the process. Communicates the impact and implications of decisions. Completes the appropriate level of due diligence required to make a quick, accurate decision.
Drive for Results - Achieves results within established timelines. Understands and demonstrates that intentions, activities, and results are not the same. Pursues everything with energy, drive, and a need to finish; does not give up before finishing, even in the face of resistance or setbacks; consistently challenges self and others for results.
Leadership - The expectation of leadership is not reserved solely for only those who are in positions of authority, but from all employees. They demonstrate high integrity and are motivated by wanting to make a real difference to people by delivering a high-quality service for their customer and the organization. In positions of authority they: invest in development for the right people and identify and develop future leaders, and coach and provide candid feedback to others. They are visible and they model behaviours, competencies and values expected and inspire others to undertake challenging tasks and projects.
Teamwork - Is an effective team player who adds complementary skills and contributes valuable ideas, opinions and feedback. Communicates in an open and candid manner and can be counted upon to fulfill any commitments made to others on the team. Ensures the right stakeholders are informed and involved where necessary. Is ready to “roll up their sleeves” as necessary.
Think and Act like an owner - Thinks and cares about the organization like an owner. Commits to and upholds organizational values, and core behaviours even under difficult circumstances. Demonstrates a strong sense of responsibility and dedication to the success of the organization. Takes appropriate risks, holds self and others accountable for measurable, high-quality, timely, and cost-effective results and openly raises a challenge even if others don’t.
Seniority level
Seniority level
Entry level
Employment type
Job function
Job function
Finance and SalesIndustries
Packaging and Containers Manufacturing
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