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Ledgent Technology

Sr Sourcing Analyst

Career Insights for Procurement Analyst

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What they do

A Procurement Analyst is responsible for the analysis of purchasing within an organization, ensuring that the purchasing strategy is kept to and that inventory levels are maintained.

$84,422 / year median in New Jersey

-5% projected decline

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Job Description

Sr Sourcing Analyst Onsite in
Mahwah, NJ Pay Rate:
$58.62/hr.
Duration:
6+ mo, Contract, W-2
Job Description:
Participating in cross functional calls with both internal and external stakeholders Reviewing quotes and comparing quoted price vs. standard costs Negotiating quotes with suppliers Providing periodic updates to leadership team Analyzing risks from a sourcing perspective Will be working extensively with suppliers as well as various internal stakeholders Negotiates favorable terms, volume discounts and long-term contracts with suppliers and prepares and processes requisitions and purchase orders for the procurement of custom engineered products. Acquires and maintains understanding of technology trends, market forces, cost trends and supplier technology road maps. Reviews purchase order claims and contracts for conformance to company policy and discusses defects and delivery problems with suppliers and negotiates refunds. Lead project development and project plans that define scope, timeline, budget, quality, risks, and stakeholder expectations This is a highly specialized individual contributor role that requires deep expertise from a professional / technical thought leader in their respective field or discipline.
Qualifications:
Bachelor's Degree 5+ years' experience in Project Management 3+ years' experience in Stakeholder & Supplier Management Financial & Cost Modeling (Excel / Advanced Tools) expertise Strong Ownership Mindset Problem Solving All qualified applicants will receive consideration for employment without regard to race, color, national origin, age, ancestry, religion, sex, sexual orientation, gender identity, gender expression, marital status, disability, medical condition, genetic information, pregnancy, or military or veteran status. We consider all qualified applicants, including those with criminal histories, in a manner consistent with state and local laws, including the California Fair Chance Act, City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, and Los Angeles County Fair Chance Ordinance.