Strategic Sourcing Analyst

Kroger; Cincinnati (OH); On-site; USD 60,000 - 90,000; Full time

Job summary

Kroger is seeking a procurement professional to support day-to-day execution of category strategies in Cincinnati. You will focus on reducing total cost of ownership, help manage supplier relationships, and uphold Kroger's values of respect, honesty, integrity, diversity, inclusion, and safety.

Responsibilities include tactical sourcing, running sourcing events, analyzing spend, and collaborating with contract management and SRM teams to drive savings and supplier performance.

Qualifications

• Bachelor’s degree in Business Management, Supply Chain, Operations, Finance, CPG, or similar.
• 1-year professional experience in procurement activities.
• 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.
• Ability to monitor compliance with established guidelines, policies, procedures, and regulations.
• CPM/CPSM, CSCP or equivalent certification.
• Expertise in Microsoft Office, data visualization tools.

Responsibilities

• Tactical Sourcing
• Design and execute sourcing events for pertinent category
• Utilize available e-sourcing and optimization tools efficiently
• 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
• 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 the savings achieved

Skills

Analytical skills

Data visualization

Self-starter

Communication

Education

Bachelor’s degree in Business Management, Supply Chain, Operations, Finance, or similar

CPM/CPSM, CSCP or equivalent certification

Tools

Microsoft Office

Power BI

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

• Tactical Sourcing
• Design and execute sourcing events for pertinent category
• Utilize available e-sourcing and optimization tools efficiently
• 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 the savings achieved

Additional Support

• Support other initiatives / projects in the company that may affect organization’s performance and collaborate with necessary stakeholders
• Support talent development framework and proven experience in creating/maintaining training curriculum
• Must be able to perform the essential 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
• 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 and written communications and presentations
• CPM/CPSM, CSCP or equivalent certification
• Expertise in Microsoft Office, data visualization tools