Sourcing Analyst / Sourcing Senior Analyst / Sourcing Lead

Analyzes supplier markets and supports sourcing decisions that help the organization secure the goods and services it needs. Works with procurement colleagues and business stakeholders to understand requirements, review current spending, identify potential suppliers, and determine suitable sourcing approaches. Evaluates options based on cost, quality, service, capacity, delivery, risk, and alignment with organizational policies.

A Sourcing Analyst gathers and validates spend, supplier, and market data; compares quotations and proposals; maintains sourcing documentation; and prepares reports and recommendations. A Sourcing Senior Analyst may lead sourcing events, conduct more complex commercial analysis, support negotiations, assess supplier risks, and advise stakeholders on category or supplier options. A Sourcing Lead sets priorities for a sourcing team or category, leads major negotiations and supplier decisions, and is accountable for sourcing plans, stakeholder alignment, and results.

Coordinates sourcing processes such as requests for information, proposals, and quotations. Develops evaluation criteria, organizes supplier responses, supports cross-functional reviews, and documents selection decisions and approvals. May analyze total cost of ownership, pricing structures, contract terms, market benchmarks, supplier performance, and potential savings. Works with legal, finance, operations, technology, and other specialists to assess proposals and prepare contracts or purchase arrangements.

Tracks the outcomes of sourcing decisions, including savings, service levels, quality, delivery, and supply continuity. Identifies opportunities to improve procurement processes, consolidate spend, develop alternative suppliers, or reduce operational and commercial risks. Maintains accurate sourcing records and contributes to category plans, management reports, audits, and continuous improvement efforts.

• Bachelor's degree in supply chain management, procurement, business, finance, economics, or a related field preferred
• Experience in strategic sourcing, procurement, category analysis, supplier management, or commercial analysis
• Strong analytical skills and ability to interpret spend, pricing, supplier, and market data
• Understanding of sourcing methods, supplier evaluation, competitive bidding, negotiations, and contract processes
• Proficiency with spreadsheets and procurement, ERP, or e-sourcing tools
• Ability to compare proposals and assess total cost of ownership, commercial terms, and supplier capability
• Strong organization and project-management skills for coordinating sourcing activities and deadlines
• Clear communication and presentation skills for explaining analysis and recommendations
• Ability to work collaboratively with internal stakeholders and external suppliers
• High attention to detail when reviewing data, specifications, bids, contracts, and approval records
• Familiarity with procurement governance, due diligence, ethical sourcing, and supplier risk is an asset
• Sound judgment and integrity when handling confidential commercial information
• Relevant procurement qualifications, such as CIPS, CPSM, or equivalent, are beneficial
• Negotiation leadership, category ownership, team coordination, or supplier portfolio experience may be expected for sourcing lead positions