Sourcing Analyst
Cummins · Cwmbran
We are looking for a talented Sourcing Analyst to join our team in Purchasing for Cummins Cwmbran, Gwent, United Kingdom.
In this role, you will make an impact in the following ways:
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Lead price negotiations with suppliers, using market intelligence, cost analysis, and benchmarking to achieve competitive pricing and support cost value delivery.
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Support contract negotiations and development for low-complexity, low-risk sourcing activities, ensuring alignment with sourcing strategies, commercial requirements, and applicable policies and processes.
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Analyze direct material spend, sourcing data, market information, and supplier performance to identify optimization opportunities, cost reductions, and alternative sourcing solutions.
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Develop and execute buying strategies for assigned commodities and materials in line with agreed sourcing strategies, ensuring the optimum balance of cost, quality, delivery, and supply continuity.
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Build and maintain effective supplier relationships, working with suppliers to address pricing, payment, order fulfillment, quality, and delivery requirements.
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Collaborate closely with internal stakeholders, including Engineering, Quality, Supply Chain, BLM, and PLM, to align sourcing activities with product, technical, commercial, and operational requirements.
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Prepare and present sourcing analyses, recommendations, Value Capture Summaries, price benchmarks, and improvement opportunities to procurement and sourcing leadership.
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Support sourcing projects and process improvements by managing procurement data and systems, maintaining legal and compliance documentation, supporting Six Sigma initiatives, and acting as a subject matter expert for relevant sourcing tools and processes.