Strategic Sourcing Analyst
Indexed description
What You’ll Do
The below statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.
- Data Collection: Collects technical specifications and commercial specifications, including buyer info, bid item, volume, supplier management, pricing. Benchmark suppliers in RFx efforts. Partner to identify Decision Matrix criterion and provide relevant data and recommendations back to internal category management team.
- Supplier Research & Outreach: Informs current suppliers about upcoming bids. Starts supplier outreach; submits list of potentially interested new suppliers and RFx for approval; manages the signoff list of potential suppliers for participation and RFx; Sends RFx request to targeted suppliers.
- RFx (x=Information/Proposal and Quote) Process: Supports or Leads RFx activity. Draft and clarify requirements with stakeholders. Define and document statement of work or goods. Create quantitative Decision Matrix. Finalizes RFx (RFx document, Cost Breakdown document, Decision Matrix, Bid Parameters, etc.)
- Post-bid Analysis: Collects post-bid data, analyze, and provide recommendation. Set up demonstrations as required per need of evaluation.
- Spend Reporting: Creates and generates detailed spend reports by sourcing category to be published to senior leadership.
- General Market Analysis: Provides monthly/weekly input cost market reports pertaining to specific category.
- Rebate Reconciliation/Pricing Updates: Validates and reconciles quarterly rebate amounts via SAP data.
- Competitive Benchmarking: Identify Best in Class process for analysis.
- Education: Bachelor’s Degree from an accredited four-year college or university and 2+ years of relevant experience, or equivalent combination of education and experience, required.
- Technical Proficiency: Demonstrated experience with SAP and Microsoft Office Suite, with an emphasis on Excel and Power BI.
- Communication Skills: Excellent verbal and written communication skills, with the ability to convey data-driven insights clearly and effectively.
- Problem Solving: Proven analytical, decision-making, and interpersonal skills to resolve complex sourcing challenges.
- Collaboration & Independence: Ability to thrive both independently and as part of a collaborative team.
- Adaptability: Comfortable working in a fast-paced, dynamic environment with shifting priorities.
- Professionalism: Respectful, approachable, and team-oriented with a commitment to fostering strong working relationships and a positive work culture.
- Travel: Must be able to travel up to 5% of the time.
- Sourcing experience, preferred.
Smithfield Foods provides pay ranges that reflect its good faith estimate of the salary or hourly wage the company reasonably expects to pay for a position at the time of hire. Individual compensation will be determined based on several factors, including but not limited to, the scope and responsibilities of the role, location of the position, the candidate’s qualifications and experience, internal equity, external market pay for comparable positions and budget considerations. At Smithfield Foods, base pay represents only one aspect of the comprehensive total rewards package. Learn more about our benefits package here.
Relocation Package Available No
EEO Information
Smithfield is an equal opportunity employer committed to workplace diversity. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, age, gender identity, protected veterans status, status as a disabled individual or any other protected group status or non-job characteristic as directed by law.
If you are an individual with a disability and would like to request a reasonable accommodation for any part of the employment selection process, please call us at 757-357-1595.
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