Strategic Sourcing Analyst: Drive Savings & Partnerships

Placements24; George; On-site; ZAR 550,000 - 850,000; Full time

Benefits offered by this job

Competitive pay

Career growth opportunities

Exposure to sourcing projects

Job summary

Placements24 partners with a prominent George-based retail group in the Western Cape to recruit an analytical Strategic Sourcing Analyst. The role focuses on identifying cost-saving opportunities, optimizing supplier performance, and ensuring procurement aligns with strategic objectives.

The successful candidate will conduct market research, analyze data, and develop sourcing strategies for efficiency and savings.

Qualifications

• Bachelor's degree in Business, Economics, Finance, Supply Chain Management, or related field.
• 3–5 years of experience in procurement, sourcing, or analytical roles.
• Strong data analysis, financial modeling, and market research skills.
• Understanding of sourcing methodologies and procurement practices.
• Excellent Excel and data visualization skills.
• Excellent communication and presentation abilities; detail-oriented.
• Ability to work independently and in a team.
• Experience in retail procurement is a plus.

Responsibilities

• Conduct market analysis to identify suppliers and pricing trends.
• Analyze spend data for cost reduction and process improvements.
• Develop and execute sourcing strategies for various categories.
• Assist in negotiations with suppliers for favorable terms.
• Monitor supplier performance and drive corrective actions.
• Prepare reports and presentations on savings and insights.
• Collaborate with stakeholders to define requirements.
• Maintain supplier data and contract details.
• Ensure sourcing activities comply with policies and ethics.

Skills

Data analysis

Market research

Financial modeling

Excel

Data visualization

Education

Bachelor's degree in Business, Economics, Finance, or related field

Tools

Excel

Data visualization tools

Job description

Placements24 partners with a prominent George-based retail group in the Western Cape to recruit an analytical Strategic Sourcing Analyst. The role focuses on identifying cost-saving opportunities, optimizing supplier performance, and ensuring procurement aligns with strategic objectives.

The successful candidate will conduct market research, analyze data, and develop sourcing strategies for efficiency and savings.