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About the Role
The Sourcing Analyst plays a critical role in supporting the organization's procurement and supply chain objectives by identifying, evaluating, and managing supplier opportunities that drive cost savings, quality improvements, and operational efficiency. This position leverages market research, data analysis, and strategic sourcing methodologies to assess supplier capabilities, monitor performance, and develop actionable insights that support business goals.
Responsibilities
- Conduct comprehensive market research to identify potential suppliers and evaluate their capabilities, pricing, and service offerings.
- Analyze procurement and sourcing data to identify trends, cost-saving opportunities, and areas for improvement in sourcing strategies.
- Collaborate with cross-functional teams to develop and implement strategic sourcing initiatives that align with the business objectives.
- Develop, improve, and monitor supplier performance metrics and conduct regular assessments to ensure compliance with contractual obligations.
- Prepare detailed reports and presentations to communicate findings, recommendations, and sourcing strategies to stakeholders.
- Support negotiations with suppliers to achieve favorable terms and conditions while maintaining quality and service standards.
- Procurement activities to include but not limited to PO placement, date management, BO review, weekly and monthly reports and analytics.
Requirements
- Bachelor’s degree in supply chain management, Business Administration, or a related field.
- 3+ years of experience in sourcing, procurement, or supply chain analysis.
- Strong analytical skills with proficiency in data analysis tools, such as Excel or similar software.
- Excellent communication and interpersonal skills, with the ability to influence stakeholders.
- Preferred experience working in a corporate, or manufacturing, procurement/sourcing environment.
- Preferred familiarity with supplier relationship management and performance evaluation techniques.
- Preferred knowledge of industry trends and best practices in sourcing and procurement.
- Candidates must be authorized to work in the United States without current or future sponsorship by the Company.
Skills
- Proficiency in using ERP systems, data visualization and/or other procurement software and tools for data analytics and reporting.
- Strong understanding of supply chain management principles and methodologies.
- Strong problem-solving skills with a proactive approach to identifying and addressing challenges.
- Ability to work collaboratively in a fast-paced environment while managing multiple priorities.
- Detail-oriented mindset with a commitment to delivering high-quality work.
- Ability to foster positive relationships with suppliers and internal stakeholders.
- Strong analytical skills with proficiency in data analysis tools, such as Excel or similar software.
- Excellent communication and interpersonal skills, with the ability to influence stakeholders.
Experience Level
- 3+ years of experience in sourcing, procurement, or supply chain analysis.
Education Level
- Bachelor’s degree in supply chain management, Business Administration, or a related field.
Salary/Compensations
- $81,500.00 to $92,000.00 annually
Benefits
- Competitive Benefits
- Paid Time Off
- 401(k) Savings Plan
- PM Incentive Plan
About the Company
- Drive Medical has become a leading manufacturer of medical products with a strong and consistent track record of growth achieved both organically and through acquisitions.
- We are proud of our high-quality, diverse product portfolio, channel footprint and global operating scale.
- Our products are sold into the homecare, long-term care, retail, and e-commerce channels in more than 80 countries around the world.
- Leading the World with Innovative Healthcare Solutions that Enhance Lives
Equal Opportunity
- Drive Medical is an Equal Opportunity Employer and provides equal employment opportunities to all employees and applicants for employment.
- Drive Medical strictly prohibits and does not tolerate discrimination against employees, applicants, or any other covered person because of race, color, religion, gender, sexual orientation, gender identity, pregnancy and/or parental status, national origin, age, disability status, protected veteran status, genetic information (including family medical history), or any other characteristic protected by federal, state, or local law.
- Drive Medical complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.