Analyst - Sourcing

Wesco; United States; On-site; USD 65,000 - 90,000; Full time

Job summary

Wesco is seeking an Analyst - Sourcing to research, analyze, and evaluate marketplace data of vendors and suppliers to provide business recommendations. You will manage a supply chain to ensure high material availability at the lowest total ownership cost and act as the primary contact to suppliers.

The role involves negotiating terms, managing supplier performance, and developing inventory strategies to continually improve efficiency.

Qualifications

• Associates' Degree required; Bachelors degree preferred.
• 2 years of related work experience; 4 years preferred.
• Strong computer skills, including Microsoft Office.

Responsibilities

• Negotiate contract elements including terms, pricing, and lead-time.
• Manage supplier performance and develop/monitor metrics.
• Negotiate supplier performance metrics and implement corrective actions.
• Prepare and review RFQ blankets and re-bid expiring blankets.
• Load and update pricing and lead times in purchasing database.
• Encourage electronic/automatic supplier interfaces and analyze spend for standardization.
• Serve as primary contact to current and potential suppliers.
• Develop knowledge of market drivers, trends, and competitive intelligence.
• Analyze material demand and determine inventory strategy for high availability at lowest total cost.
• Lead supplier negotiations and category strategy development.

Skills

Contract negotiation

Supplier management

Spend analysis

ERP systems

Communication

Leadership

Education

Associate degree or higher

Bachelor's degree preferred

Tools

MS Office

MAPS

PassPort

E-max

Citrix

Job description

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 and analyzes 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