Sr. Sourcing Analyst

The Senior Analyst of Strategic Sourcing leverages multiple sources of internal and external data to support category strategies that ultimately drive a competitive advantage and value for Visa.  As a key support role for the Strategic Sourcing Services organization you are accountable for understanding various tools data sets and process that support the Strategic Sourcing organization. You will need a strong sense of urgency and the ability to balance short vs. long term needs. This role will support the sourcing category leads and will also independently lead deals based on the category strategy.  You are accountable for enabling strategies to deliver sustainable results across a range of subcategories by identifying new opportunities for value and process improvement.

Responsibilities

• Follows strategic sourcing process when possible in proactive sourcing initiatives. Leads small- to medium-size projects. Leads low- to medium-complexity projects.

• Develops and implements sourcing project plans. Executes projects/tasks according to leadership and business expectations.

• Manage and analyzes large datasets and information sources to support Category leaders in development of Category Strategies Negotiation plans and internal discussions

• Builds relationships and effectively partners across varied functions with internal stakeholders external suppliers agencies and colleagues to influence change

• Understand and can implement the total cost of ownership concept and leverages negotiations skills to achieve optimum quality cost & service goals. Creates writes negotiates and reviews supplier contracts. Works with internal business partners to establish agreements that reflect the interests of the company

• Works with legal counsel and other stakeholders to negotiate terms and conditions of the contracts

• Participates and may lead in supplier selection and moderately complex contract negotiations involving Legal and other departments as necessary to achieve favorable terms on quality delivery and price and ensure end-user needs are met and deliver cost savings

• Manages multiple processes and requests and sets expectations

• Provides high level education to business partners on the overall continuous strategic sourcing process from needs identification through supplier performance management across multiple partners

• Maintain external focus by leveraging industry peers organizations associations and by continuing to build strong relationships outside of Visa

• Communicates effectively and frequently listens carefully and actively seeks and values the perspectives of others

• Drives completion of simultaneous projects by proactively considering new alternatives and driving critical thinking to optimize results

• Builds effective strategic relationships with external suppliers to foster open and collaborating communication

• Support and contributes to various category leaders in developing supplier plans with a focus on continuous improvement and innovation

• Contributes significantly to the achievement of defined category performance targets and assists in driving the performance of associated suppliers measure suppliers performance to ensure performance meets expectations

This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.

Qualifications :

Basic Qualifications
3 years of experience in Procurement with a bachelors degree or an Advanced Degree (e.g. Masters MBA)
Deep understanding of cost models and performance metrics
Superior analytical and problem-solving skills using tools such a Microsoft Excel Ability to use tools such as PowerPoint
Past experiences in helping develop business cases for change through leveraging business acumen market intelligence and insights to drive a broad strategic impact across an organization
Demonstrated contract and agreement negotiation experience including development of negotiating plans and strategies
Strong stakeholder relationship-management skills and ability to communicate effectively and collaborate with senior-to-exec management
Excellent written oral and presentation skills and an ability to synthesize information and make clear concise recommendations on course of action. You need to be able to tell compelling stories through insights and data
Proficiency in English: The candidate must have excellent command of the English language both written and spoken. This includes the ability to effectively present information respond to questions and write reports and business correspondence in English
Proficiency in purchasing systems and organizational interfaces (including Ariba Coupa DocuSign and Oracle)

Preferred Qualifications
3 or more years of work experience with a bachelors degree or more than 2 years of work experience with an Advanced Degree (e.g. Masters MBA JD MD)
Experience in strategic sourcing using a formal 7 step sourcing process.
2 years supporting the development and management of category plans or sourcing strategies specific to indirect categories
Experience working in a global and matrix organization

Additional Information :

Visa is an EEO Employer. Qualified applicants will receive consideration for employment without regard to race color religion sex national origin sexual orientation gender identity disability or protected veteran status. Visa will also consider for employment qualified applicants with criminal histories in a manner consistent with EEOC guidelines and applicable local law.

Remote Work :

No

Employment Type :

Full-time