Our Strategic Sourcing Analyst job description includes the Strategic Sourcing Analyst responsibilities, duties, skills, education, qualifications, and experience.
Strategic Sourcing Analyst Example
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If you need an example job description for a Strategic Sourcing Analyst download the one below, alternatively we have many other Analyst job description samples and a job description library with over 3000 job descriptions templates that you can download for free.
What does a Strategic Sourcing Analyst do?
Strategic sourcing analysts are responsible for overseeing and improving the supply chain operations of a business. They source, analyse and report supply chain data, track costs and logistics, and evaluate supplier performance. Their duties also include preparing industry forecasts and predicting changes to market trends.
Strategic Sourcing Analyst Role
We are looking for a Strategic Sourcing Analyst to evaluate and optimise our supplier performance and logistics. Working as our Strategic Sourcing Analyst, your duties will include assessing the efficiency of our supply chain, scheduling projects, and analysing cost structures.
To succeed in this role, you should demonstrate extensive experience in strategic sourcing and evaluating procurement metrics. Suitable Strategic Sourcing Analysts are experts in forecasting market trends.
Strategic Sourcing Analyst Duties
- Extensive experience in strategic sourcing analysis.
- Competency in integrated supply chain management software.
- Advanced knowledge of supply chain, procurement, logistics and warehouse management.
- Proficiency in mitigating risks by predicting future industry trends.
- In-depth knowledge of market and consumer trends that might impact supply chains and associated costs.
- Extensive knowledge of import, export, and shipping regulations.
- Exceptional interpersonal skills.
- Exceptional written and verbal communication skills.
- Bachelor’s Degree in Supply Chain Management, or similar.
- Certified Master Logistician or a Master’s Degree in a related field preferred.
Strategic Sourcing Analyst Requirements
- Analyse and improve supply chain operations.
- Establish effective communication channels with customers, venders, suppliers, and shipping companies.
- Resolve day-to-day supply chain issues and promote operational consistency.
- Evaluate procurement metrics and measure supplier performance.
- Identify project scopes, schedules and costs.
- Negotiate better contracts with existing suppliers as well as sourcing new suppliers.
- Establish risk management plans relating to procurement, logistics, and staffing.
- Project industry trends to implement appropriate responses and contingency measures.
- Report on competitive intelligence, as well as market and consumer trends.
- Ensure compliance on import, export, and shipment regulations.
- Extensive experience in strategic sourcing analysis.
- Competency in integrated supply chain management software.
- Advanced knowledge of supply chain, procurement, logistics and warehouse management.
- Proficiency in mitigating risks by predicting future industry trends.
- In-depth knowledge of market and consumer trends that might impact supply chains and associated costs.
- Extensive knowledge of import, export, and shipping regulations.
- Exceptional interpersonal skills.
- Exceptional written and verbal communication skills.
- Bachelor’s Degree in Supply Chain Management, or similar.
- Certified Master Logistician or a Master’s Degree in a related field preferred.
How to write a Strategic Sourcing Analyst Job Advert
Use our job advert template to write a job advert for posting on job sites and job boards. Our job advertising templates are carefully created to help you reach your audience and beat the competition to the best talent.
A job description informs the reader about a job, whereas a job advert’s main objective is to sell the job opportunity to attract as many suitable applicants possible. A job advert maybe the first touch-point a candidate has with your company so it is important to create a great impression.
Job Advertisements should enticing, so considering using short, exciting language which get the reader’s attention.
How to write a Strategic Sourcing Analyst Job Description
To write a job description, we recommend starting with a job description template from our job description library, which contains examples for 800+ positions and professions. Our job description examples include a job summary with duties and responsibilities and skills and requirements, which can be personalised for your job vacancy.
Job Description Advice - Guidance on How to Personalise a Strategic Sourcing Analyst Job Specification
The hiring process and recruiting new employees to fill your key roles requires a degree of personalisation if you are to attract the best employees in a competitive employment market. The right person for a crucial role or more senior roles will likely have other employers targeting them. As your job description will be the first point of contact, you need to nail your pitch and provide the best possible service.
Job Description Tips - Help on formatting a Strategic Sourcing Analyst Job Specification
When creating your bespoke description and advert, you should cover and promote these points:
Job title: This should accurately reflect the role and include keywords that top talent might be using to search for jobs.
Job duties: The day to day duties, such as administrative tasks, which vary depending on the company and inform the candidate if they can complete the role.
Technical skills: These are the hard skills required through training, such as proficiency with Microsoft Office.
Soft skills: These include the interpersonal skills and general abilities the right candidates will possess. For example, the competency to prioritise multiple tasks, handle customer queries and customer complaints, work alone, or build a good relationship with coworkers.
The company's culture: Highlighting your company culture and values ensures employees thrive and find outstanding job satisfaction. Candidates that are not the right fit won’t waste their time completing the application process, meaning you can focus on qualified individuals and hire in a more timely manner.
Career progression: Including the career path will entice candidates looking for career growth.
Training and development programs: Smaller companies may need employees with previous experience or provide educational assistance over internal training offered by larger organisations with more significant resources.
Employee benefits: Compensation and benefits often fail to appear in job ads and while you may want to hold your cards close to your chest, failing to include them is a mistake. Consider answering common questions, such as working hours and paid leave. Researching the average salary for the role in these early stages will ensure you don’t waste your interviewer’s and the candidate’s time.
Skill gaps: Your company may need to bring in new skills beyond those required to complete the key role and duties. Thinking on an organisational level can be beneficial when contemplating skills diversity.
Legal requirements: Ensure your job advert and description does not ask for inappropriate or discriminatory personal details, such as age, marital status, or religion.
How to Hire a Strategic Sourcing Analyst
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