Driving down costs of procurement will always be a key part of increasing profits, and long-term solutions need to be found to making it happen. The strategic sourcing analyst will usually be employed by larger companies with multimillion pound turnovers and a wealth of data to draw on. At this scale, seemingly tiny changes in sourcing strategy can be converted into hundreds of thousands in savings once implemented.
The role will involve a good deal of data analysis, with the analyst looking deeply into every aspect of the company’s sourcing and identifying savings or flagging up areas where there is the potential for saving, for example renegotiating contracts with certain suppliers or seeking the change suppliers. The successful strategic sourcing analyst will be a creative thinker who can come up with non-direct ways of making savings.
Because strategic sourcing takes place over the longer term, short-term gains might often prove not to be economically optimal, for example if they tie the client into contracts that could have been negotiated more advantageously if a guarantee of future custom could have been written in.
The analyst will also have to present his or her conclusions and recommendations to the board in order for them to be made company policy. There will then follow a stage of follow-up analysis to check the performance of the changes.
A good head for figures will be a key requirement for this role. It’s possible that several strands of negotiations could be going on simultaneously, with an optimum solution being concealed within them. Someone mathematically astute enough to have an instinct for finding the best deals and having their suspicions backed up by computerised analysis could be the ideal candidate, although such people could be few and far between!
Much of the work will involve meeting with other departments of the company and also with suppliers and those tendering for supply contracts, so someone who is at ease talking business and negotiating on the company’s behalf will be well suited to the role.
Needless to say, this will require superb communication skills, and an ability to think on one’s feet whilst being armed with a thorough knowledge of the employer’s strategic aims.
Cast UK is growing in the UK logistics, procurement and supply chain recruitment industry, partly because these are the only sectors we deal with. People approach us for many reasons, whether seeking more job fulfilment or simply relocating with the family, so it’s good to know that we always have the complete range of positions available nationwide.
Our founder members and consultants all come from these sectors, so we know what employers and candidates are looking for in their staff and careers respectively. As we only deal with these fields, many employers come to us first to create a candidate shortlist because they know we’re tightly focused on delivering the best people to them.
Please see what’s available in your region and if you’ve seen something you’re interested in, do get in touch – whether it’s today or tomorrow, we might have the ideal position for you.
To find out more about how Cast UK can help you recruit a Strategic Sourcing Analyst for your business or find you a job as a Strategic Sourcing Analyst then contact one of our consultant team on 0333 121 3345.
Walsall has gone through countless changes through history, not least with its name, which was once Walesho, meaning valley of the Welsh speakers. It was also historically in Staffordshire, but is now part of the West Midlands metropolitan county, along with Birmingham and Wolverhampton, its neighbour in the west.
The population of Walsall, which had been a relatively small village, exploded during the Industrial Revolution, and it was an important coal mining, limestone quarrying, iron and brass founding and leatherworking centre. This latter trade is still associated with the town, hence the football club’s nickname The Saddlers. Modern industries include plastics, aircraft parts, chemicals and electronics. The RAC has its control centre nearby, as anyone who has travelled on the M6 will know. Recently the high street clothing and homeware store TK Maxx opened its regional depot there.
The town is particularly well served by the road and rail networks, which along with its location right in the centre of England, has opened up the opportunity for companies to locate their depots and warehouses in the area. This means that Strategic Sourcing Analyst positions are frequently asked for by local employers. And like many towns and cities with strong links to Britain’s industrial past, there’s a workforce and work ethic to fulfil them.
For information on the Strategic Sourcing Analyst positions available in Walsall or anywhere else in the country, get in touch with Cast UK today.
With a wealth of experience in the procurement, logistics and supply chain fields, our team of recruitment consultants understands what it takes to be a successful candidate for every vacancy.
We work with clients and applicants from across the country, and are committed to filling each position with the best talent possible.
In addition, our regional specialists can provide detailed information about the potential employers, the available job types and the average salary that you can expect to earn.
To find out more about how Cast UK can help you find and recruit candidates within Walsall or source a new job in Walsall then contact one of our consultant team on 0333 121 3345.
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