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Jewelers Mutual Group · 1 day ago

Sourcing Analyst

Neenah, WI

Full-time

Onsite

Entry, Mid Level

2+ years exp

Jewelers Mutual Group is a financially secure and innovative company in the jewelry industry, seeking a Sourcing Analyst to manage strategic vendor relationships. This role involves overseeing sourcing and procurement processes, contract management, and vendor performance monitoring.

Financial ServicesInsuranceJewelryManufacturing

Comp. & Benefits

Responsibilities

Ensure contracts are actively managed through completion, including working with leaders and a vendor manager on associated vendor performance

Monitor and manage contract life cycles and proactively engage with leaders to discuss and review contracts coming to term to improve opportunities for renewal and extension negotiations

Provide improved information about contracts and vendors to bring visibility to resilience gaps and risks that need to be addressed

Assist in training vendor management methods, governance standards, processes and metrics for monitoring vendor performance against defined SLAs and overall vendor risk management

Assist in creating and promoting standardization in the organization’s materials used with vendors – ranging from contract terms specific to SLAs, to RFP/RFI materials used in identification and selection of vendors

Assist in Request for Information (RFI), Proposal (RFP) Processes, or contract negotiations

Review and negotiate contract terms and conditions to ensure they align to and support Jewelers Mutual’s best interests

Ensure proper approvals and signatures are obtained on all contracts

Continuously improve, and support sourcing and procurement processes

Conduct Vendor Business/Risk Reviews, providing support to compliance personnel as it relates to the evaluation and management of risk related to third party entities, and their continued compliance with regulatory and contractual requirements. Proactively identify issues and emerging risks and take action to resolve or escalate as appropriate

Maintain information in the contract management system and data of all vendor relationships

Assist the team in the collection and analysis of vendor information

Qualification

Vendor managementContract managementProject managementBusiness process analysisAnalytical skillsDiplomacyInformation technology acumenProblem solvingConflict resolutionOrganizational skillsTime managementWritten communicationVerbal communicationCreativity