Strategic Sourcing Analyst

Posted 2 Days Ago
Be an Early Applicant
McKinney, TX
72K-114K Annually
Entry level
Retail • Sales
The Role
The Strategic Sourcing Analyst at Simpson Strong-Tie will focus on reporting and analysis, supplier identification, and market insights to optimize sourcing strategies. This role supports cost savings initiatives, enhances reporting for KPIs, and collaborates across departments for effective vendor management and procurement.
Summary Generated by Built In

Simpson Strong-Tie is a leader in engineered structural connectors, software, and solutions for the building industry. We maintain a reputation as a trusted manufacturer, partner, and corporate citizen committed to our customers and employees.

Our founder, Barc Simpson established 9 Principles of Business we live out as company values and have made Simpson Strong-Tie an inspiring place to work since 1956. Our team of talented people are dedicated to our shared mission: to provide solutions that help people design and build safer, stronger structures.

Learn about our company culture directly from our team.

YOU

As the Strategic Sourcing Analyst, you will provide critical reporting capabilities, including supplier research, market analysis, pricing analysis, etc. for the Strategic Sourcing team and support the development of sourcing strategies and cost savings opportunities for the organization. This position is responsible for owning the development and enhancement of monthly/quarterly reporting of KPIs (savings tracking, price variances, quality, delivery, inventory). You are experienced in spend analytics and able to support negotiation preparations and various sourcing tactics, including identifying potential suppliers, assessing supplier capabilities, and monitoring and tracking vendor performance. You act as a resource to mine and analyze data across multiple systems and utilize standardized tools to synthesize information for strategic use. You work collaboratively to find solutions and deliver results that will ultimately meet the organizational goals and customer demand.

WHAT YOU’LL BE DOING (% of Time)

Act as a subject matter expert in data mining and analysis. Provide ongoing support & development of reporting and analysis tools for use by the Sourcing team and cross functionally. Evaluate existing internal and/or external data to provide support and actionable insight across the team. Create and maintain reporting and metrics for the Strategic Sourcing team. Provide comprehensive analysis to support strategic sourcing solutions, Drive data-cleansing and standardization as appropriate. Capture commodity market data and create comprehensive market and supplier summaries that support sourcing strategies. Track commodity shortages, price increases, and other events to ensure supply continuity. (40%)

Work on initiatives across a wide range of Simpson Strong-Tie operating areas, as well as home office business needs. Partner with Finance to provide cost analysis to support negotiations and vendor decisions. Work collaboratively to support sourcing and buying activities for assigned categories of spend Participate in sourcing Events (RFPs, etc.), manage vendor calls, participate and contribute to project teams, and support negotiations. Proactively support potential vendors identification and partner cross functionally to onboard and qualify vendors. (30%)

Analyze, organize, and contribute to improving sourcing processes to streamline operations and reduce costs. Actively support implementation of cost savings as appropriate. Develop SOPs and processing documents to establish Sourcing CI and best practices. Develop, support, and improve business processes. (30%)

DESIRED SKILLS AND EXPERIENCE

If you can do everything listed above, you’ve got what it takes. Perhaps some of the following would be helpful too:

  • Bachelor’s degree required, preferably in Business, Operations, or Supply Chain-related field
  • Minimum of 5 years work experience in Procurement, Sourcing, supply chain, operations, or Finance
  • Familiarity with the Strategic Sourcing and Procurement Processes, a basic understanding of the Supply Chain, and experience in project management
  • Ability to work in a decentralized organization
  • Advanced reporting, designing and data analytic skills.
  • Ability to analyze and collect data and make sound business judgments.
  • Fast learner that demonstrates strong business acumen and communication skills
  • Experience with SAP, or other comparable ERP system, including using and interacting with MRP systems
  • Experience with Microsoft Suite of products, inc. Microsoft Excel and PowerPoint required.
  • Achieve thoroughness and accuracy when accomplishing a task.
  • Identify options for solving a problem and evaluate the strengths and weaknesses.
  • Effectively present information in one-on-one and small group situations to customers, clients, vendors and other employees of the organization.
  • Write in a clear, concise, and organized manner for the intended audience.
  • Ability to multitask and take imitation in a challenging, fast-paced environment.
  • Willingness to travel as needed

PHYSICAL REQUIREMENTS AND WORK ENVIRONMENT

The physical demands and work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

PHYSICAL REQUIREMENTS

While performing the duties of this job, the employee is frequently required to sit, talk, and hear, and sometimes walk and stand. While performing the duties of this job, the employee may occasionally push or lift up to 25 lbs.

WORK ENVIRONMENT

This job operates in a professional office environment where standard office equipment such as computers, phones, printers/scanners, etc. are frequently used.

Travel

This position requires domestic and international travel up to 15% of the time.

Work Status & Location

This full-time, exempt position is in McKinney, Tx. Or Pleasanton CA.

Relocation

Relocation is not available for this position.

Pay

$71,500.00 - $114,400.00 / year

* Posted pay range is based upon national average and may vary depending on geographical work location.

REWARDS AT SIMPSON STRONG-TIE

We recognize and reward employees with a carefully designed and comprehensive rewards package, including competitive compensation, quarterly bonuses or commission and first-rate benefits. May exclude some positions, such as seasonal jobs.

  • Quarterly Bonuses/Commission: You will be eligible for either a bonus or commission, paid on a quarterly basis. We believe all employees affect customers, sales and revenue — directly or indirectly – and should be rewarded by sharing the company profits.
  • Benefits: We provide a wide range of benefits for eligible full-time employees including: medical, dental, vision, retirement contributions, employee stock purchase and bonus plans, pay for holidays, vacation, sick days, funerals and jury duty, years of service awards, employee discounts, employee referral bonuses, charitable contribution matching, education reimbursement and more. View benefit plan details here: https://benefits.strongtie.com/.

In keeping with our values and commitment to diversity, equity, and inclusion in our communities, we are an equal opportunity employer. This means that our employment decisions are based on your qualifications and merit, and our business needs.

Please note all job offers are contingent upon a successful background investigation and drug test. Simpson Strong-Tie's drug policy is based upon Federal Law, and therefore will screen applicants for amphetamines, including methamphetamines, cocaine, phencyclidine and opiates.

#NowHiring #GetHired #Hiring #HiringNow

The Company
Pleasanton, CA
2,591 Employees
On-site Workplace

What We Do

A leader in structural systems research and technology, Simpson Strong-Tie is one of the world's largest suppliers of structural building products.

Simpson Strong-Tie is committed to providing exceptional products and services to its customers, including engineering and field support, product testing and training.

To find out about new job opportunities visit: www.strongtie.com/talentnetwork

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