Strategic Sourcing Analyst

Placements24; Durban; Hybrid; ZAR 420,000 - 540,000; Full time

Benefits offered by this job

Performance incentives

Fully remote

Health benefits

Annual leave

Online learning

Virtual team culture

Job summary

Placements24 is seeking a highly analytical and proactive Strategic Sourcing Analyst to join our fully remote procurement team. This role focuses on driving cost optimization, supplier management, and category strategy development in a data-driven environment.

You will leverage Excel, Tableau, and Power BI to analyze spend, benchmark suppliers, and support leadership with informed decisions, collaborating with stakeholders across the organization.

Qualifications

• 2-4 years of experience in procurement, strategic sourcing, supply chain analysis, or a related analytical role.
• Strong quantitative and analytical skills, with proficiency in data analysis tools such as Excel, Tableau, or Power BI.
• Experience in conducting spend analysis, market intelligence gathering, and supplier benchmarking.
• Familiarity with sourcing methodologies and RFx processes.
• Excellent written and verbal communication skills, with the ability to present complex data clearly.
• Bachelor's degree in Supply Chain Management, Economics, Business Analytics, or a relevant quantitative field.

Responsibilities

• Conduct in-depth market research and analysis to identify sourcing trends, cost drivers, and potential savings opportunities.
• Develop and maintain spend analytics dashboards to provide insights into organizational spending patterns.
• Support the sourcing managers in developing and executing category strategies and sourcing events (RFx).
• Evaluate supplier performance metrics and identify areas for improvement and risk mitigation.
• Collaborate with internal stakeholders to understand business requirements and align sourcing strategies accordingly.
• Assist in the preparation of business cases and presentations for sourcing initiatives and contract negotiations.

Skills

Data analysis

Quantitative skills

Communication

Education

Bachelor's degree in Supply Chain Management, Economics, Business Analytics, or a relevant quantitative field

Tools

Excel

Tableau

Power BI

Job description

About the Role

Our client is seeking a highly analytical and proactive Strategic Sourcing Analyst to join their fully remote procurement team. This role is pivotal in driving cost optimization, supplier management, and category strategy development. You will leverage data and market intelligence to identify sourcing opportunities and support the procurement leadership in making informed decisions. This is a fantastic opportunity for a data-driven professional to contribute to the strategic direction of purchasing from anywhere in the country, fostering innovation and efficiency within a collaborative virtual setting.

Key Responsibilities

• Conduct in-depth market research and analysis to identify sourcing trends, cost drivers, and potential savings opportunities.
• Develop and maintain spend analytics dashboards to provide insights into organizational spending patterns.
• Support the sourcing managers in developing and executing category strategies and sourcing events (RFx).
• Evaluate supplier performance metrics and identify areas for improvement and risk mitigation.
• Collaborate with internal stakeholders to understand business requirements and align sourcing strategies accordingly.
• Assist in the preparation of business cases and presentations for sourcing initiatives and contract negotiations.

Requirements

• 2-4 years of experience in procurement, strategic sourcing, supply chain analysis, or a related analytical role.
• Strong quantitative and analytical skills, with proficiency in data analysis tools such as Excel, Tableau, or Power BI.
• Experience in conducting spend analysis, market intelligence gathering, and supplier benchmarking.
• Familiarity with sourcing methodologies and RFx processes.
• Excellent written and verbal communication skills, with the ability to present complex data clearly.
• Bachelor's degree in Supply Chain Management, Economics, Business Analytics, or a relevant quantitative field.

Benefits

• Competitive salary with performance-based incentives.
• Fully remote work arrangement, offering maximum flexibility and autonomy.
• Comprehensive health and wellness benefits package.
• Generous annual leave and paid public holidays.
• Access to online learning platforms for continuous skill development.
• A dynamic and supportive virtual team culture that encourages collaboration and innovation.