Category Analyst

Quest Diagnostics Incorporated; Jeffersonville (PA); On-site; USD 75,000 - 110,000; Full time

Job summary

Quest Diagnostics Incorporated in the United States invites a Senior Sourcing Analyst to analyze spend, drive supplier consolidation, and lead lower-dollar sourcing projects with price negotiation.

You will collaborate with Category Managers, utilize Power BI and PeopleSoft for reporting, and build strong relationships with end-users and suppliers to deliver cost savings and compliant contracts. Travel up to 15% is typical.

Qualifications

• BA/BS in business, economics or a scientific discipline; MBA/MS helpful.
• At least 3 years' experience in supplier contracts, with demonstrated results.
• Experience managing complex, multi-functional projects.
• Healthcare or Diagnostics industry experience highly desirable.
• ERP experience preferred (PeopleSoft).
• Strong analytical, negotiation and stakeholder management skills.

Responsibilities

• Perform spend analysis to identify trends and savings opportunities.
• Collaborate with Category Managers, Specialists and stakeholders on sourcing initiatives.
• Lead low-dollar sourcing projects, including price negotiations and terms.
• Utilize Power BI and PeopleSoft for reporting and analytics.
• Drive spend to preferred suppliers and improve standardization.
• Manage supplier arrangements, including item pricing changes.
• Prepare data for RFP/RFQ/RFI for the team.
• Develop and execute category strategies to meet savings targets.
• Client management of small accounts.
• Support acquisition and Co-Lab activities with item matching and pricing.

Skills

Office 365

Excel analytics

Negotiation

Business acumen

Influencing

Travel 15%

Scorecards

Education

BA/BS in business

Advanced degree helpful

Tools

Power BI

PeopleSoft

Job description

Responsibilities:

• Perform spend analysis for assigned portfolios and categories to identify and monitor trends, and explore opportunities for supplier consolidation.
• Work closely, as a team member, with Category Managers, Category Specialists, and Stakeholders, on higher dollar strategic sourcing' initiatives.
• Lead lower dollar sourcing projects, including negotiation of pricing and contract' terms and conditions.
• Effectively utilize sourcing procurement' tool set including Power BI and PeopleSoft modules for reporting, and conduct spend analytics and manage project execution.
• Drive spend to preferred suppliers and improve standardization of key goods and services.
• Build relationships with Quest end-users and supplier leadership to quickly resolve performance issues and implementation of corrective actions.
• Develop and maintain a broad understanding of assigned categories and technologies.
• Develop strategy, plans, and execute projects to deliver upon assigned savings' targets.
• Drive Cost savings and cost avoidance projects to meet targets
• Client management of small accounts
• Manage supplier arrangements, including but not limited to:
  • Coordinating resolution of escalated PO price changes, including supplier negotiations of pricing and credits,
  • Coordinating system updates and approval of item pricing in PeopleSoft system,
  • Coordinating review and approval of new item pricing,
  • Amending agreements to reflect required item and price changes.
• Support new acquisition and Co-Lab activity including item matching, new item set-up, price quotes and pricing negotiation.
• Prepare data for RFP/RFQ/RFI for the team.
• Any other duties to support the Portfolio group, as assigned.

Qualifications:

Skills and Capabilities

• Office 365 proficiency, including Outlook, Excel, Power Point, and Word
• PeopleSoft or other ERP experience preferred
• Analytical ability including strong excel data analytic skills
• Negotiation skills
• Knowledge of assigned areas (or demonstrated ability to acquire that knowledge)
• Business acumen
• Ability to set high standards and achieve them
• Influencing skills
• Ability to travel 15%
• Analyze supplier performance via scorecards

Education and Experience

• BA/BS in business, economics or a scientific discipline, or the equivalent in education and experience.Advanced degree (MBA/MS) helpful.
• At least 3 years' experience in selection, implementation and management of supplier contracts, with demonstrated results (cost, quality, service improvement). Experience in managing complex, multi-functional projects.
• Healthcare or Diagnostics' industry experience highly desirable.

Physical & Mental Requirements

• Excellent judgement and decision making
• Diligent and goal oriented
• Agility to perform in a dynamic and team-oriented environment
• Ability to structure and solve problems
• Effective verbal and written communication

Quest Diagnostics honors our service members and encourages veterans to apply.

While we appreciate and value our staffing partners, we do not accept unsolicited resumes from agencies. Quest will not be responsible for paying agency fees for any individual as to whom an agency has sent an unsolicited resume.

Equal Opportunity Employer: Race/Color/Sex/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Vets or any other legally protected status.