Business Professional - Senior Staff Analyst, Sourcing - Specialized Individual Contributor - San Jose, California, United States - 174708

Description and Requirements

Job Title: Senior Staff Analyst, Sourcing – Specialized Individual Contributor

Location: San Jose, California (Onsite)
Contract Duration: 12 months

Pay Rate: $55/hour

Position Overview:

We are seeking a highly analytical and experienced Senior Staff Analyst, Sourcing to support strategic sourcing initiatives, supplier performance optimization, and cost reduction programs. This is a highly specialized individual contributor role requiring deep expertise in sourcing analytics, supplier negotiations, cost modeling, and data-driven decision-making.

The ideal candidate is a technical thought leader with strong business acumen who can independently manage complex sourcing initiatives while collaborating cross-functionally with sourcing managers, suppliers, and internal stakeholders. This role is designed as a pipeline opportunity for future sourcing leadership positions and requires candidates with the ambition and capability to transition into sourcing management roles.

Key Responsibilities:

Strategic Sourcing & Supplier Management

Negotiate favorable supplier terms, pricing agreements, volume discounts, and long-term contracts.
Prepare and process requisitions and purchase orders for technical equipment, custom-engineered products, software, systems, and components.
Support supplier selection, supplier performance management, and sourcing optimization initiatives.
Review purchase order claims and supplier contracts for compliance with company policies.
Address supplier defects, delivery issues, and negotiate corrective actions, credits, or refunds.

Data Analytics & Cost Optimization

Lead detailed data analysis efforts focused on cost reduction and supplier performance improvements.
Analyze supplier performance trends and identify operational and financial improvement opportunities.
Evaluate internal and external cost drivers to develop strong, data-backed negotiation strategies.
Build and maintain advanced cost models for supplier pricing structures and profitability analysis.
Develop models evaluating variables such as volume growth, spend changes, material pricing fluctuations, and margin impact.
Utilize AI tools and technologies to enhance sourcing analysis, modeling, and strategic insights.
Issue RFQs, facilitate sourcing events and auctions, and generate should-cost requests.
Analyze sourcing event results and provide recommendations and executive summaries to sourcing leadership.
Develop negotiation fact packs, presentations, dashboards, and visual storytelling materials to support supplier negotiations.

Cross-Functional Collaboration

Partner closely with sourcing managers, procurement teams, engineering, and operational stakeholders.
Manage multiple concurrent sourcing projects, RFQs, analyses, and supplier initiatives simultaneously.
Support both current production sourcing activities (70%) and new product introduction (NPI) initiatives (30%).

Qualifications:

Required Qualifications

Bachelor’s degree in Supply Chain, Business, Engineering, Finance, Analytics, or related field, or equivalent experience.
Minimum of 6+ years of experience in sourcing, procurement, supplier management, strategic analytics, or related disciplines.
Strong experience in:

Supplier selection and supplier performance management
Cost modeling and should-cost analysis
RFQ management and sourcing events
Data analytics and executive-level presentations
Strategic supplier negotiations

Experience leveraging AI tools for sourcing analysis, data modeling, or operational efficiencies.
Advanced analytical and problem-solving capabilities with the ability to work through ambiguous or incomplete data.
Excellent communication, presentation, and storytelling skills with the ability to simplify complex data into actionable insights.
Ability to manage multiple high-priority projects simultaneously in a fast-paced environment.

Preferred Qualifications:

Experience supporting medical device, manufacturing, engineering, or highly technical procurement environments.
Experience preparing sourcing recommendations for executive leadership.
Strong interest in progressing into sourcing management or leadership roles.