Strategic Sourcing Analyst

Placements24; Mossel Bay; Hybrid; ZAR 600,000 - 900,000; Full time

Benefits offered by this job

Competitive salary

Fully remote work arrangement

Health, dental, and vision insurance

Professional development and analytics

Job summary

Placements24 is seeking a data-driven Strategic Sourcing Analyst to join a fully remote procurement team. You will analyze spend patterns, identify cost-saving opportunities, and support strategic sourcing initiatives across the organization.

Responsibilities include market research, category strategy development, and presenting findings to management. A bachelor's degree and 2–4 years of procurement experience are required, with strong Excel/SQL and BI skills for effective analysis.

Qualifications

• Bachelor's degree in SCM, Finance, Economics or related quantitative field.
• 2–4 years of experience in procurement or strategic sourcing with analytical focus.
• Strong Excel/SQL skills; BI experience with Tableau or Power BI preferred.
• Excellent analytical, problem-solving, and data-driven mindset.
• Clear written and verbal communication; able to present data to diverse audiences.
• Ability to work autonomously in a fully remote environment.

Responsibilities

• Analyze spend data to identify opportunities for cost reduction, supplier consolidation, and process improvements.
• Conduct market research and benchmarking to understand supplier capabilities, pricing trends, and potential risks.
• Support the development and execution of category strategies and sourcing plans.
• Prepare detailed reports and presentations for management on sourcing recommendations and performance metrics.
• Collaborate with procurement managers and business stakeholders to implement sourcing strategies and ensure successful contract negotiations.
• Maintain and update procurement databases and documentation, ensuring data integrity for effective analysis in a remote setting.

Skills

Excel

SQL

Analytical thinking

Communication

Remote work

Education

Bachelor's degree in Supply Chain Management, Finance, Economics

Tools

Tableau

Power BI

Job description

About the Role

Our client is looking for a data-driven and analytical Strategic Sourcing Analyst to join their fully remote procurement team. In this role, you will focus on analyzing spending patterns, identifying cost‑saving opportunities, and supporting the development of strategic sourcing initiatives across the organization. You will work with large datasets, conduct market research, and collaborate with various departments to optimize procurement strategies. This is an ideal opportunity for a detail-oriented professional who thrives in a remote environment and possesses strong analytical skills to drive significant business value through effective sourcing.

Key Responsibilities

• Analyze spend data to identify opportunities for cost reduction, supplier consolidation, and process improvements.
• Conduct market research and benchmarking to understand supplier capabilities, pricing trends, and potential risks.
• Support the development and execution of category strategies and sourcing plans.
• Prepare detailed reports and presentations for management on sourcing recommendations and performance metrics.
• Collaborate with procurement managers and business stakeholders to implement sourcing strategies and ensure successful contract negotiations.
• Maintain and update procurement databases and documentation, ensuring data integrity for effective analysis in a remote setting.

Requirements

• Bachelor's degree in Supply Chain Management, Finance, Economics, or a related quantitative field.
• 2-4 years of experience in procurement, strategic sourcing, spend analysis, or a similar analytical role.
• Strong proficiency in data analysis tools such as Excel, SQL, and ideally business intelligence software (e.g., Tableau, Power BI).
• Excellent analytical and problem‑solving skills with a meticulous attention to detail.
• Effective written and verbal communication skills, capable of presenting complex data clearly to diverse audiences.
• Ability to work autonomously and collaboratively in a fully remote environment.

Benefits

• Competitive annual salary and potential for bonuses.
• Flexible, fully remote work arrangement.
• Comprehensive health, dental, and vision insurance.
• Opportunities for professional development and training in advanced analytics and sourcing.
• Generous paid time off and company holidays.
• Access to sophisticated analytics platforms and tools to enhance your work.