Strategic Sourcing Analyst - Data-Driven Cost Insights

Insight Global

Philadelphia (Philadelphia County)

On-site

USD 90,000 - 130,000

Full time

18 hours ago
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Job summary

Insight Global is seeking a Sourcing Specialist to support Strategic Sourcing and Category Management teams in a highly analytical, data-driven role. You will provide financial, market, and sourcing analyses to guide complex purchasing decisions across the health system.

The ideal candidate has a strong financial or business analysis background, advanced Excel skills, and a passion for digging into data to understand cost drivers, utilization, pricing, and savings opportunities.

Qualifications

  • Bachelor’s degree in Supply Chain, Finance, Business Administration, Economics, Healthcare, Analytics, or a related field, or equivalent relevant experience.
  • 4+ years of relevant experience in strategic sourcing, supply chain, financial analysis, business analysis, procurement, project management, or a related analytical function.
  • Strong financial and business analysis skills with the ability to interpret large datasets and identify actionable insights.
  • Strong proficiency in Microsoft Excel and experience using spreadsheets to analyze pricing, spend, utilization, cost, and other financial data.
  • Ability to build and interpret cost models, benchmarks, supplier comparisons, and savings analyses.
  • Strong problem-solving skills and a natural curiosity for digging deeper into data rather than simply reporting numbers.
  • Strong communication skills with the ability to explain analytical findings clearly to both technical and non-technical stakeholders.
  • Ability to manage multiple projects and priorities in a fast-paced, cross-functional environment.

Responsibilities

  • Provide analytical and sourcing support to Category Managers across complex purchasing categories.
  • Analyze large datasets to identify trends, cost drivers, utilization patterns, pricing differences, and savings opportunities.
  • Develop detailed cost-per-case, spend, pricing, utilization, benchmarking, and financial analyses to support sourcing and clinical product decisions.
  • Use Excel extensively to organize, manipulate, analyze, and present sourcing and financial data.
  • Turn complex data into clear insights and recommendations that Category Managers and other stakeholders can use to make decisions.
  • Support Category Managers in developing and executing RFIs, RFPs, and other competitive sourcing events, including requirements gathering, supplier communications, proposal analysis, and scoring.
  • Analyze supplier proposals and create fact-based comparisons across pricing, financial impact, capabilities, and business requirements.
  • Support clinical and Value Analysis initiatives by providing the data needed to evaluate products, suppliers, utilization, and overall cost.

Skills

Strategic sourcing
Financial analysis
Excel skills
Cost modeling
Data analysis
Communication
Project management
Cross-functional collab

Education

Bachelor’s degree or equivalent

Tools

ERP systems
Procure-to-Pay
E-procurement tools

Job description

Insight Global is seeking a Sourcing Specialist to support Strategic Sourcing and Category Management teams in a highly analytical, data-driven role. You will provide financial, market, and sourcing analyses to guide complex purchasing decisions across the health system.

The ideal candidate has a strong financial or business analysis background, advanced Excel skills, and a passion for digging into data to understand cost drivers, utilization, pricing, and savings opportunities.

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