Sourcing Analyst

Job Description:

Under the direction of and reporting to Sr Commodity Manager, primary responsibilities include supporting the sourcing, procurement, and supplier management activities related to Maintenance, Repair & Operations (MRO).

This role partners with internal stakeholders across Operations, Engineering, Facilities, Finance, and Supply Chain to ensure the timely acquisition of goods and services while driving cost savings, supplier performance, spend visibility, and sourcing efficiency. The Sourcing Analyst leverages data analysis, market intelligence, and supplier collaboration to support business objectives and continuous improvement initiatives.

You’ll be DISRUPTIVE through these duties and responsibilities:

• Support and execute RFQ/RFP. Conduct and analyze Total Cost of Ownership analysis to drive best overall cost and commercial terms
• Manage sourcing and procurement activities for assigned MRO categories
• Analyze category spend, supplier performance, and purchasing trends to identify cost reduction and process improvement opportunities.
• Research market conditions, industry trends, and supplier capabilities to support strategic sourcing decisions.
• Perform spend analysis, supplier benchmarking, and year-over-year purchasing comparisons to support sourcing strategies.
• Leverage automation technology to optimize procurement processes to optimize team efficiency
• Track procurement savings, PPV (Purchase Price Variance), and category performance against established objectives.
• Prepare dashboards, reports, and presentations using Power BI and Excel to provide visibility to stakeholders and leadership.
• Become a subject matter expert on MRO requisition processes by partnering cross functionally to understand purchasing needs, habits and gaps
• Collaborate with cross-functional teams to understand procurement requirements and ensure continuity of supply.
• Maintain accurate supplier, spend, contract, and sourcing data within procurement systems and reporting tools.

The TOOLS you’ll bring with you:

• Bachelor's degree in relevant field such as Supply Chain, Business, Engineering, Finance, or related technical field.
• One to two years sourcing or related experience in finance, supply chain, or data analytics
• Proficiency in Microsoft Excel, including data analysis, dashboards, queries and advanced formulas.
• Experience using Power BI for reporting and spend visibility preferred.
• Experience leveraging AI tools to analyze complex datasets and optimize workflows desirable.
• Internship/Co-Op experiences in purchasing, manufacturing, or related experience a plus
• Exhibits strong attention to detail and ability to handle multiple time-sensitive priorities.
• Demonstrates attributes of being a determined, self-driven and resourceful individual.
• Ability to react quickly in a fast-paced, changing environment.
• Excellent organization/time management skills.

We provide these great perks and benefits:

• Robust health, dental and vision insurance plans
• Generous 401 (K) savings plan
• Education assistance
• On-site wellness, fitness center, food, and coffee service and many more, check out our benefits site HERE

Milwaukee Tool is an equal opportunity employer.