Sr. Sourcing Analyst

Kroger; Cincinnati (OH); On-site; USD 65,000 - 90,000; Full time

Job summary

Kroger in Cincinnati is seeking a Procurement Specialist to support day-to-day execution of category strategies, reduce total cost of ownership, and strengthen stakeholder and supplier relationships. You will analyze spend, respond to supplier questions, support supplier financing programs, and assist in contract data management and KPI reporting.

The ideal candidate has a bachelor's degree in business or supply chain, at least one year procurement experience, and proficiency with Microsoft

Qualifications

• Bachelor's degree or equivalent in business, supply chain, or related field.
• At least 1 year of procurement experience.
• Ability to communicate risks and opportunities clearly.
• Proven leadership ability and initiative.

Responsibilities

• Develop award optimization scenarios to minimize total cost of ownership.
• Respond to supplier and stakeholder questions on category, supply, events, price, or spec.
• Support supplier financing programs including early payment and payables.
• Prepare planning guides for negotiations and assist where needed.
• Conduct sourcing analysis and opportunity assessments for cost savings.
• Contribute to category improvement projections and post-implementation variance analysis.
• Identify total internal costs including price, delivery, operations and quality.
• Assist contract management team with data, addendums, and documentation.
• Support supplier performance targets and KPI scorecards.

Skills

Leadership

Analytical

Stakeholder mgmt

Communication

Self-starter

Cost awareness

Education

Bachelor's degree in Business, Supply Chain or related

Tools

Microsoft Office

Data visualization tools

Job description

Support the day to day execution of strategies for assigned categories and focus on reducing organizational spend to improve savings and enhancing relationships with business stakeholders and suppliers. Demonstrate the company's core values of respect, honesty, integrity, diversity, inclusion, and safety.

Responsibilities

• Develop different award optimization scenarios to minimize total cost of ownership
• Respond to supplier and stakeholder questions (e.g., category, supply, event, price, or specification)
• Support the execution of supplier financing programs maintaining a holistic view of early payment and accounts payables programs
• Prepare planning guide to facilitate the completion of the negotiation and support where needed
• Sourcing Analysis
• Conduct opportunity assessments, benchmarking, and should cost modeling to develop sourcing opportunities
• Prepare category improvement projections and conduct post-implementation variance analysis
• Identify total internal costs associated with supplier price, delivery, operations and quality
• Quantify the overall total ownership cost of each product or service to identify cost savings
• Contract Management
• Work with the contract management team in the administration of contract data, addendums, item master sheets, and additional supplier documentation
• Support category managers in the development of supplier performance/continuous improvement targets and related scorecards
• Work with the SRM team in the administration of supplier assessments, score cards, and other analytics to manage supplier performance
• Partner with the KPI & Benefits team to develop a tracking mechanism to report and communicate savings achieved
• Additional Support
• Support other initiatives / projects in the company that may affect organization's performance and collaborate with necessary stakeholders
• Talent Management
• Supervise and coach direct reports in the performance of their duties; complete performance reviews and provide feedback to direct reports
• Must be able to perform the essential job functions of this position with or without reasonable accommodation

Qualifications

MINIMUM

• Bachelor's Degree in Business Management, Supply Chain, Operations, Finance, CPG, or similar
• 1 year professional experience in procurement activities
• Demonstrated and proven leadership ability
• Ability to identify, quantify and effectively communicate business risks
• Self-starter, ability to work independently in a fast-paced environment while delivering solid action-oriented results quickly
• Analytical skills with the ability to identify, quantify and effectively leverage data to support business decisions, communicate opportunities and/or raise business risks
• Ability to monitor compliance with established guidelines, policies, procedures, and regulations
• Ability to synthesize analysis into compelling oral/written communications and presentations

DESIRED

• 1 year professional experience in Procurement, Supply Chain, Manufacturing, or Retail
• CPM/CPSM, CSCP or equivalent certification
• Expertise in Microsoft Office, data visualization tools