Sourcing Analyst

Summary

The Sourcing Analyst plays a vital role within the Commercial Sourcing Team by driving market intelligence, data analytics, and strategic operational support across raw materials and packaging categories. Reporting directly to Sourcing Leadership, this role transforms complex market data into actionable insights, aids in supplier negotiations, ensures system accuracy, and supports sourcing strategies across a ~$1.7B regional spend portfolio. This position serves as a key talent pipeline for future category management opportunities within Mars.

Key Responsibilities

Analytics & Strategic Sourcing Support

• Provide robust analytical support for category forecasting, cash delivery, cost-benefit models, value leadership initiatives, and should-cost modeling.
• Assist in the execution of strategic procurement events, including RFIs, RFPs, RFQs, and automated e-auctions (e.g., Keelvar).
• Support the end-to-end development and execution of category sourcing strategies through data-driven insights and benchmarking.
• Lead and successfully deliver 1 to 3 targeted commercial sourcing projects annually.

Market Intelligence & Risk Management

• Conduct fundamental market research, industry intelligence, and trend analysis across underlying supply markets to identify emerging risks and competitive opportunities.
• Deliver proactive market insights to guide business decisions, optimize category strategies, and generate long-term productivity across the supply chain.

Supplier Management & Negotiation Support

• Collaborate with Sourcing Managers to prepare negotiation decks, analyze supplier proposals, and benchmark pricing data.
• Assist in the supplier onboarding and qualification process by ensuring accurate, complete compliance and operational documentation.

Data Governance & System Administration

• Maintain procurement databases and systems to ensure data integrity for strategic decision-making.
• Own the accurate entry, updating, and maintenance of contract pricing within SAP, managing workflow sourcing inputs to ensure Bill of Materials (BOM) completeness.
• Provide comprehensive administrative and analytical support for cross-functional procurement initiatives.

Qualifications & Requirements

Minimum Qualifications

• Education: Bachelor's degree in Business, Supply Chain, Logistics, Finance, or a related field.
• Experience: 2+ years of professional experience in supply chain, procurement, or business analytics.
• Technical Skills: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Communication: Strong written and verbal communication skills with the ability to present complex data clearly and concisely.
• Pre-Employment: Successful completion of a background check and drug screen.

Preferred Qualifications

• 3+ years of experience within procurement, supply chain management, packaging, or the Consumer Packaged Goods (CPG) industry.
• Hands-on experience with data aggregation, reporting, and visualization platforms (e.g., Power BI, Smartsheet).
• Familiarity with enterprise software systems, specifically SAP.

Core Competencies & Functional Skills

• Core Competencies: Action Oriented, Collaborates, Customer Focus, Drives Results, Manages Complexity, Optimizes Work Processes.
• Functional Skills: Commercial Acumen, Contract Management, Costing & Budgeting, Data Collection & Analysis, Data Control, Negotiation Support, Planning & Organizing, Policy & Procedure Adherence.

Job Description

The Sourcing Analyst plays a vital role within the Commercial Sourcing Team by driving market intelligence, data analytics, and strategic operational support across raw materials and packaging categories. Reporting directly to Sourcing Leadership, this role transforms complex market data into actionable insights, aids in supplier negotiations, ensures system accuracy, and supports sourcing strategies across a ~$1.7B regional spend portfolio. This position serves as a key talent pipeline for future category management opportunities within Mars.

Key Responsibilities

Analytics & Strategic Sourcing Support

• Provide robust analytical support for category forecasting, cash delivery, cost-benefit models, value leadership initiatives, and should-cost modeling.
• Assist in the execution of strategic procurement events, including RFIs, RFPs, RFQs, and automated e-auctions (e.g., Keelvar).
• Support the end-to-end development and execution of category sourcing strategies through data-driven insights and benchmarking.
• Lead and successfully deliver 1 to 3 targeted commercial sourcing projects annually.

Market Intelligence & Risk Management

• Conduct fundamental market research, industry intelligence, and trend analysis across underlying supply markets to identify emerging risks and competitive opportunities.
• Deliver proactive market insights to guide business decisions, optimize category strategies, and generate long-term productivity across the supply chain.

Supplier Management & Negotiation Support

• Collaborate with Sourcing Managers to prepare negotiation decks, analyze supplier proposals, and benchmark pricing data.
• Assist in the supplier onboarding and qualification process by ensuring accurate, complete compliance and operational documentation.

Data Governance & System Administration

• Maintain procurement databases and systems to ensure data integrity for strategic decision-making.
• Own the accurate entry, updating, and maintenance of contract pricing within SAP, managing workflow sourcing inputs to ensure Bill of Materials (BOM) completeness.
• Provide comprehensive administrative and analytical support for cross-functional procurement initiatives.

Qualifications & Requirements

Minimum Qualifications

• Education: Bachelor's degree in Business, Supply Chain, Logistics, Finance, or a related field.
• Experience: 2+ years of professional experience in supply chain, procurement, or business analytics.
• Technical Skills: Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).
• Communication: Strong written and verbal communication skills with the ability to present complex data clearly and concisely.
• Pre-Employment: Successful completion of a background check and drug screen.

Preferred Qualifications

• 3+ years of experience within procurement, supply chain management, packaging, or the Consumer Packaged Goods (CPG) industry.
• Hands-on experience with data aggregation, reporting, and visualization platforms (e.g., Power BI, Smartsheet).
• Familiarity with enterprise software systems, specifically SAP.

Core Competencies & Functional Skills

• Core Competencies: Action Oriented, Collaborates, Customer Focus, Drives Results, Manages Complexity, Optimizes Work Processes.
• Functional Skills: Commercial Acumen, Contract Management, Costing & Budgeting, Data Collection & Analysis, Data Control, Negotiation Support, Planning & Organizing, Policy & Procedure Adherence.