Belk
Position Summary:

High Level Position Summary

The Senior Sourcing Analyst supports the Sourcing Managers and Sourcing Director as they engage cross functional teams in enterprise-wide strategic sourcing initiatives.  The Senior Sourcing Analyst assesses the elements of the spend category and helps to define, execute, and support the strategic sourcing and refinement of that spend area through extensive financial analysis and market research.  Works independently taking a proactive approach in assigned commodities supporting the Sourcing team in ensuring Strategic Sourcing’s value commitment to internal business partners is met. 

Senior Sourcing Analyst is also responsible for administering any/all sourcing programs that are within multiple functional areas.  Includes, but not limited to, ensuring compliance against the sourcing process, making adjustments to existing programs to enhance profitability, efficiency, and/or controls, proactively making modifications to programs to address macro-changes in the business, acting as the main contact with external business partners.

Capable of leading simple Sourcing bids and being the direct liaison to a business unit.  Responsible for assisting Sourcing Analyst in their daily activities when guidance is needed.

Essential Functions/Responsibilities:

Responsibilities & Essential Functions

  • Works closely with Sourcing Managers to perform strategic sourcing activities
  • Conducts accurate financial analysis of comparative bids
  • Leads the collection, analysis, and total cost ownership analytical activities
  • Develops forward looking pricing forecast models
  • Works with Finance to calculate savings against budget and forecast
  • Interviews internal stakeholders to develop service specification levels
  • Completes supply market research and presents learnings from research/analysis
  • Collects data and prepares monthly sourcing reports
  • Executes low risk / low dollar supplier contracts / events

Requirements/Qualifications:

Education, Training, and/or Certifications: 

Minimum Required:

  • Bachelors degree and/or equivalent years of experience
  • Specific Degree: Bachelor’s degree in business.
  • Specific Certifications: Excel
  • Specific Training: Microsoft Office: Excel (V Look-Ups, Pivot Tables), PowerPoint

 

Preferred:

§  Bachelors degree and/or equivalent years of experience

  • Specific Degree: Business, Supply Chain, Procurement or Finance
  • Specific Certifications: CPM or APICS

 

 

Experience:

Minimum Required:

Years of experience, specific work or project experience, and industry experience (industry examples: Retail, Financial Services, Consulting, etc.

  • 2 or more years of applicable experience
  • Specific work or project experience: Analytical, Finance

 

Preferred:

  • 4 or more years of applicable experience
  • Specific work or project experience: Sourcing or Finance

 

Knowledge, Skills, and Abilities:

Minimum Required:

High level examples include: ­­­­Communication, Interpersonal, Conflict Resolution, Negotiation, Analytical, Problem Solving, Innovation

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