Sourcing Analyst

We are seeking a Sourcing Analyst to join our team. This role is critical in managing supplier relationships, negotiating competitive costs, and driving sourcing strategies.
WHAT YOU'LL BE DOING

• Supplier Relationship Management: Build and maintain strong relationships with key suppliers.
• Cost Negotiation: Lead negotiations for favorable pricing and incentives to optimize cost savings.
• Competitive Bidding & Sourcing: Conduct RFQs to competitively bid out existing business across multiple product categories.
• Product & Market Analysis: Evaluate market trends, pricing benchmarks, and competitor offerings to inform sourcing decisions.
• Alternative Product Evaluation: Identify and assess alternative products or suppliers that meet technical and performance specifications to reduce cost or mitigate risk.
• Reporting & Analytics: Track key sourcing metrics and deliver data-driven insights to support strategic decisions.

WHAT WE LOOK FOR

• A history of academic and professional success
• At least 2 years of professional experience
• Strong negotiation and supplier management skills
• Proficiency in Microsoft Excel
• Strong verbal, written, and visual communication skills
• Strong critical thinking, research, attention to detail, organizational, and decision-making skills
• Eagerness to learn new things, adaptability, and a growth-oriented mindset

BE REWARDED
Total cash compensation typically ranges from $144,000 - $166,000, which includes a base salary and annual cash profit sharing based on company profitability. We are committed to comprehensive benefits to support employees and their dependents, such as:

• Zero-dollar premiums for medical, dental, pharmacy, and vision plans for employees, spouses, and dependents
• 100% tuition reimbursement for employees
• First-time home buyer assistance
• College assistance for your dependents
• Paid time off to cover vacation and personal time

Equal Opportunity Employer
We are proud to be an Equal Opportunity Employer and dedicated to providing employees a workplace with reasonable accommodations and free of discrimination, harassment, and retaliation. At McMaster-Carr, we do not make employment decisions based on age, ethnicity, citizenship status, military status, gender identity and expression, race, religion, disability status, marital status, sexual orientation, protected veteran status, or any other legally protected group.
This position is not eligible for work authorization sponsorship by McMaster-Carr.