Sourcing Analyst

Cummins Inc.

Bolingbrook (IL)

On-site

USD 60,000 - 86,000

Full time

14 days+

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Job summary

Cummins Inc. is seeking a Sourcing Analyst to join Purchasing in a highly collaborative role. You will lead supplier negotiations, analyze spending, and support supplier development while aligning with engineering and quality requirements.

The position emphasizes cost optimization, effective supplier relationships, and adherence to procurement policies to deliver value. Ideal candidates will bring strong negotiation, analytical, and stakeholder management skills, with experience in benchmarking,

Qualifications

  • Requires purchasing and sourcing experience with strong negotiation skills.
  • Ability to manage supplier relationships while balancing multiple stakeholder needs.
  • Strong analytical skills with focus on cost management and TCO.
  • Experience with market intelligence, benchmarking, and cost analysis.

Responsibilities

  • Lead price negotiations with suppliers and achieve competitive pricing.
  • Support contract negotiations for low-complexity sourcing activities.
  • Analyze direct material spend and supplier performance to identify cost reductions.
  • Develop buying strategies aligning with sourcing strategies and supply continuity.
  • Maintain supplier relationships and coordinate with Engineering, Quality, and Supply Chain.

Skills

Negotiation
Supplier relationship management
Analytical thinking
Cost management
Communication
Stakeholder collaboration
Change management

Education

Bachelor's degree in Engineering or Business
Export controls/compliance awareness

Tools

Six Sigma
Microsoft Excel

Job description

We are looking for a talented Sourcing Analyst to join our team in Purchasing for Cummins Cwmbran, Gwent, United Kingdom.

In this role, you will make an impact in the following ways:
  • Lead price negotiations with suppliers, using market intelligence, cost analysis, and benchmarking to achieve competitive pricing and support cost value delivery.
  • Support contract negotiations and development for low-complexity, low-risk sourcing activities, ensuring alignment with sourcing strategies, commercial requirements, and applicable policies and processes.
  • Analyze direct material spend, sourcing data, market information, and supplier performance to identify optimization opportunities, cost reductions, and alternative sourcing solutions.
  • Develop and execute buying strategies for assigned commodities and materials in line with agreed sourcing strategies, ensuring the optimum balance of cost, quality, delivery, and supply continuity.
  • Build and maintain effective supplier relationships, working with suppliers to address pricing, payment, order fulfillment, quality, and delivery requirements.
  • Collaborate closely with internal stakeholders, including Engineering, Quality, Supply Chain, BLM, and PLM, to align sourcing activities with product, technical, commercial, and operational requirements.
  • Prepare and present sourcing analyses, recommendations, Value Capture Summaries, price benchmarks, and improvement opportunities to procurement and sourcing leadership.
  • Support sourcing projects and process improvements by managing procurement data and systems, maintaining legal and compliance documentation, supporting Six Sigma initiatives, and acting as a subject matter expert for relevant sourcing tools and processes.
To be successful in this role you will need the following:
  • Proven purchasing and sourcing experience, with strong negotiation and contract negotiation skills and the ability to manage supplier relationships while balancing the needs of Engineering, Quality, Supply Chain, BLM, PLM, and other stakeholders.
  • Strong automotive industry experience and product knowledge, with a solid understanding of manufacturing processes and the ability to assess supplier capabilities, product requirements, and sourcing opportunities.
  • Strong analytical and cost management skills, with the ability to analyze data, evaluate supplier quotations, apply Total Cost of Ownership (TCO) principles, and identify opportunities to optimize cost and value.
  • Strong business insight and commercial acumen, with an understanding of market dynamics, Source to Pay principles, supply base risks, and the impact of sourcing decisions on cost, quality, supply continuity, and business performance.
  • Proficiency in Microsoft Excel and purchasing/procurement systems, with the ability to analyze sourcing data, support RFQ processes, maintain accurate procurement information, and work effectively within established procurement policies, procedures, and tools; CIPS qualification is an advantage.
  • Strong communication, relationship-building, and conflict-management skills, with the ability to communicate effectively with suppliers and internal stakeholders, protect confidential information, uphold procurement ethics, and take action with a high level of urgency and accountability.
Education/ Experience:
  • College, university, or equivalent degree in field appropriate for the function required or equivalent experience required.
  • This position may require licensing for compliance with export controls or sanctions regulations.

Job Purchasing

Organization Cummins Inc.

Role Category On-site with Flexibility

Job Type Exempt - Experienced

ReqID 2438436

Relocation Package No

100% On-Site No

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