Sourcing Analyst

Individual contributor primarily focused on supporting product launches, executing daily operational functions and supporting analysis including RFQ (request for quote) management and gathering data to support sourcing decisions as it relates to components and functional devices for sub categories within the business portfolio.

Key Responsibilities:

Category/Commodity Management:

Gather and analyze vendor quote for new business

Gather and follow up on information related to RFQ process with vendor

Tracking raw material adjustments and executing system updates

Invoice discrepancy resolution

Assist with development of target costs for new products

Validate final cost to target cost

Maintain, extract data in business systems

Analyzing cost increase requests

RFQ Database reporting

Create & maintain documents supporting business related needs and meetings

Sourcing Execution & Vendor Engagement:

Assist with new vendor set-up & onboarding

Maintaining vendor profiles and capabilities

Participate in tactical vendor relationship & discussions

Develop understanding of vendors, vendor capabilities & cross functional team

Track vendor performance and scorecard results, execute follow-up actions as a result when required