Strategic Sourcing Cost Analyst

Title:

Strategic Sourcing Cost Analyst Location:

Brookfield, WI Job Summary:

The Strategic Sourcing Cost Analyst is responsible for analyzing enterprise-wide purchasing activities, vendor contracts, and category spend to identify cost-saving opportunities, consolidate vendors, and negotiate enterprise-level agreements. This role partners closely with cross-functional business leaders to leverage total organizational buying power, improve contract terms, and drive measurable cost reductions. This position blends financial analysis, strategic sourcing, procurement strategy, contract negotiation, and vendor management to ensure the organization maximizes value from its external spend while supporting long-term growth and operational efficiency.

Key Responsibilities & Duties:

Spend Analysis & Cost Optimization Analyze company-wide purchasing and spend data to identify cost reduction opportunities, vendor consolidation strategies, and spend leverage opportunities. Develop category-level spend analyses to uncover trends, pricing variances, and optimization opportunities across departments. Identify fragmented or decentralized purchasing and recommend enterprise sourcing strategies to improve pricing and efficiency. Strategic Sourcing & Contract Management Lead vendor negotiations to secure improved pricing, contract terms, service levels, and volume-based discounts. Consolidate vendor agreements into enterprise contracts or master service agreements (MSAs). Manage competitive sourcing initiatives, including RFPs, RFQs, and bid analyses, to benchmark pricing and services. Ensure contract structures align with current purchasing volumes, compliance requirements, and future organizational growth. Savings Tracking & Executive Reporting Track realized and projected cost savings from sourcing initiatives. Provide regular reporting and insights to leadership on sourcing performance, savings, and vendor effectiveness. Maintain a forward-looking pipeline of cost-reduction and sourcing opportunities. Procurement Process & Governance Establish and enhance procurement policies, sourcing governance, and contract management standards. Improve visibility into vendor contracts, renewals, spend commitments, and purchasing compliance. Implement tools and best practices to increase spend transparency, data accuracy, and procurement efficiency. An individual in this position must be able to successfully perform the essential duties and responsibilities listed above. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position. The above list reflects the general details necessary to describe the principle and essential functions of the position and shall not be construed as the only duties that may be assigned for the position.

Education & Preferred Qualifications:

Bachelor's degree in Finance, Business, Supply Chain Management, Economics, or a related field (required). 5+ years of experience in strategic sourcing, procurement, financial analysis, or vendor management. Proven success negotiating vendor contracts and delivering measurable cost savings. Experience analyzing enterprise spend data and identifying vendor consolidation opportunities. Strong financial modeling, data analysis, and cost analysis skills. Expertise in contract negotiation, supplier management, and strategic sourcing. Ability to influence and collaborate with stakeholders across departments and leadership levels. Experience using ERP systems, procurement platforms, and spend analytics tools. Excellent written, verbal, and presentation communication skills.

Work Environment:

The work environment characteristics described here are representative of those and team member encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The noise levels in the work environment are high and hearing protection may be required. Work is typically performed in an office-based or mixed environment. Occasional travel may be required. Standard business hours; additional hours as needed based on business requirements.

Physical & Mental Demands:

The physical demands here are representative of those that must be met by a team member to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the team member is frequently required to sit; walk and talk or hear. Frequent standing, walking, bending, reaching, or handling materials/equipment. Occasional climbing, kneeling, crawling, or lifting/moving up to 25 pounds. Ability to concentrate, follow detailed instructions, communicate effectively, and safely perform job duties. May require the operation of specific tools, equipment, or vehicles associated with the position.

Equal Opportunity Employer:

We are proud to foster an inclusive and diverse workplace culture. We are an equal opportunity employer and are committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetics, or any other characteristic protected by applicable federal, state, or local law. We value diversity and believe that a diverse and inclusive workforce is essential to drive innovation, foster creativity, and achieve success. We welcome and encourage applications from individuals of all backgrounds and are dedicated to ensuring a fair and equitable recruitment and employment process for everyone.

Pay:

$65,000.00 - $90,000.00 per year

Benefits:

401(k) 401(k) matching Dental insurance Health insurance Life insurance Paid time off Vision insurance Application Question(s): Will you now or in the future require work visa sponsorship?

Education:

Bachelor's (Preferred)

Experience:

strategic sourcing, procurement, financial analysis: 5 years (Preferred) Vendor management.: 5 years (Preferred) Ability to

Commute:

Brookfield, WI 53045 (Required)

Work Location:

In person