Power Stop LLC · 18 hours ago
Sourcing Analyst
Chicago, IL
Full-time
Hybrid
New Grad, Entry Level
$55K/yr - $60K/yrPower Stop LLC is seeking a Sourcing Analyst to support their sourcing team in managing suppliers for automotive aftermarket products. The role involves data analysis, supplier performance monitoring, and supporting sourcing initiatives to ensure cost competitiveness and quality.
AutomotiveManufacturing
Hiring Manager
Bamidele Olaleye
Responsibilities
Collect, analyze, and interpret supplier data, including pricing, lead times, performance, and quality metrics
Support supplier onboarding, audits, and compliance checks
Monitor supplier performance through scorecards and identify improvement opportunities
Analyze spend data to identify cost savings opportunities and sourcing consolidation possibilities
Support cost breakdown analysis (should-cost modeling, total landed cost)
Perform market and commodity research
Track and report cost reduction initiatives and sourcing KPI performance
Assist in RFQs (Request for Quotation), RFPs, and supplier bid evaluations
Maintain accurate sourcing data in ERP and procurement systems
Support negotiations and contract documentation under the supervision of senior sourcing staff
Work closely with Product Management, Engineering, Quality, and Supply Planning teams on new product introductions and supplier changes
Coordinate with logistics and inventory teams to ensure timely material availability
Qualification
Required
Bachelor's degree in Supply Chain Management, Business Administration, or equivalent
Working knowledge of cost analysis, spend analysis, total landed cost, and should-cost modeling concepts
Familiarity with RFQ/RFP processes, supplier evaluations, contract support, and sourcing best practices
Experience with ERP and procurement systems (e.g., SAP, Oracle, NetSuite, or similar) and advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP/XLOOKUP, data analysis)
Understanding of supplier onboarding, compliance, audits, and performance scorecards
Ability to conduct market research and track commodity trends affecting cost and availability
High level of accuracy in data entry, reporting, and documentation
Ability to manage multiple tasks, meet deadlines, and support sourcing initiatives in a fast-paced environment
Ability to identify improvement opportunities and support continuous improvement initiatives
Company
Power Stop LLC
Power Stop is an automotive company specializing in performance brake kits.
Founded in 1995
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2015-06-01Acquired
Leadership Team
Jim Bresingham
Chief Financial Officer
Kenneth Reto
Chief Financial Officer
Company data provided by crunchbase