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Smithfield Foods · 23 hours ago

Strategic Sourcing Analyst

Smithfield, VA

Full-time

Onsite

Entry, Mid Level

2+ years exp

Smithfield Foods is an American food company with a leading position in packaged meats and fresh pork products. They are seeking a Strategic Sourcing Analyst to support sourcing efforts across various categories of goods and services, assist with RFx processes, and analyze data to inform procurement decisions.

Food and BeverageHospitality

Responsibilities

Data Collection: Collects technical specifications and commercial specifications, including buyer info, bid item, volume, supplier management, pricing. Benchmark suppliers in RFx efforts. Partner to identify Decision Matrix criterion and provide relevant data and recommendations back to internal category management team

Supplier Research & Outreach: Informs current suppliers about upcoming bids. Starts supplier outreach; submits list of potentially interested new suppliers and RFx for approval; manages the signoff list of potential suppliers for participation and RFx; Sends RFx request to targeted suppliers

RFx (x=Information/Proposal and Quote) Process: Supports or Leads RFx activity. Draft and clarify requirements with stakeholders. Define and document statement of work or goods. Create quantitative Decision Matrix. Finalizes RFx (RFx document, Cost Breakdown document, Decision Matrix, Bid Parameters, etc.)

Post-bid Analysis: Collects post-bid data, analyze, and provide recommendation. Set up demonstrations as required per need of evaluation

Spend Reporting: Creates and generates detailed spend reports by sourcing category to be published to senior leadership

General Market Analysis: Provides monthly/weekly input cost market reports pertaining to specific category

Rebate Reconciliation/Pricing Updates: Validates and reconciles quarterly rebate amounts via SAP data

Competitive Benchmarking: Identify Best in Class process for analysis

Qualification

SAPMicrosoft Office SuiteExcelPower BIData AnalysisSourcing ExperienceProfessionalismCommunication SkillsProblem SolvingCollaborationAdaptability

Required

Bachelor's Degree from an accredited four-year college or university and 2+ years of relevant experience, or equivalent combination of education and experience, required

Demonstrated experience with SAP and Microsoft Office Suite, with an emphasis on Excel and Power BI

Excellent verbal and written communication skills, with the ability to convey data-driven insights clearly and effectively

Proven analytical, decision-making, and interpersonal skills to resolve complex sourcing challenges

Ability to thrive both independently and as part of a collaborative team

Comfortable working in a fast-paced, dynamic environment with shifting priorities

Respectful, approachable, and team-oriented with a commitment to fostering strong working relationships and a positive work culture

Must be able to travel up to 5% of the time