Sourcing Analyst

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:

- Lead price negotiations with suppliers, using market intelligence, cost analysis, and benchmarking to achieve competitive pricing and support cost value delivery.

- Support contract negotiations and development for low-complexity, low-risk sourcing activities, ensuring alignment with sourcing strategies, commercial requirements, and applicable policies and processes.

- Analyze direct material spend, sourcing data, market information, and supplier performance to identify optimization opportunities, cost reductions, and alternative sourcing solutions.

- 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.

- Build and maintain effective supplier relationships, working with suppliers to address pricing, payment, order fulfillment, quality, and delivery requirements.

- Collaborate closely with internal stakeholders, including Engineering, Quality, Supply Chain, BLM, and PLM, to align sourcing activities with product, technical, commercial, and operational requirements.

- Prepare and present sourcing analyses, recommendations, Value Capture Summaries, price benchmarks, and improvement opportunities to procurement and sourcing leadership.

- 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.

Education/ Experience:

- College, university, or equivalent degree in field appropriate for the function required or equivalent experience required.
- This position may require licensing for compliance with export controls or sanctions regulations.