Senior Analyst, Global Vendor Management – Value Engineering
Brand: Bath & Body Works
Location: Reynoldsburg, OH, US
Location Type: Hybrid
Job ID: 04SJK
Job Area: Production and Sourcing
Employment type: Full-time
Description
At Bath & Body Works, everyone belongs. We are committed to creating a culture of belonging focused on delivering exceptional fragrances and experiences to our customers. We focus on recruiting, retaining, and advancing top talent. In addition, we work to improve our communities and our planet to help the world live more fully.
Senior Analyst on the Global Vendor Management Sourcing team in support of Value Engineering. The Value Engineering team is focused on overall supply chain optimization in support of the growth of the business inclusive of execution of business strategy, risk mitigation, improved speed/agility to market, capacity expansions and evaluation of cost savings opportunities. The team manages many complex projects that span across the business (raw materials, componentry, filling, logistics, warehouse, direct channel, and stores.) This role is responsible for supporting key business meetings, providing comprehensive business opportunity updates across commodity categories, and driving key strategic initiatives. Key responsibilities consist of identifying cost engineering and efficiency opportunities, comprehensive end-to-end data analysis, project management across various teams, acquiring RFQs (request for quote), and both internal and vendor communication.
Responsibilities

Value Engineering:

• Collaborate with cross-functional partners and vendors to influence impacts to business
• Formulate cases and present them to leadership when necessary
• Capture and analyze vendor quotes in support of projects
• Follow up on information related to RFQ process with vendor
• Confirm that the final benefit and all project assumptions were fulfilled
• Analyzing cost increase requests
• Tracking all the Value Engineering projects in support of quarterly & annual goals
• Ensure project dates and targets are met
• Maintain, extract data in business systems
• Provide outstanding support to internal cross functional partners
• This role requires someone who is extremely detailed oriented
• Outstanding project management skills needed (understanding of breakthroughs, due dates, etc.)
• Excellent communication skills are required
• RFQ Database and SAP reporting
• Strong experience within Excel is preferred (ideally with experience with pivot tables)

Key Projects:

• Drive Value Engineering (VE) project execution & other key central initiatives
• Track Vendor Value Engineering cost savings goals and translate into vital dashboard reporting
• Primary will be responsible for execution of existing projects but also the identification and evaluation of new projects (Ideation)
• Communicate to broader Sourcing and Leadership teams on project metrics

Qualifications

Qualifications & Experience

• 5-7 years’ work experience in Purchasing, Operations Planning, Package/Supply Chain Engineering, and/or Strategic Sourcing positions
• Experience in manufacturing and/or consumer goods/retail preferred
• Keen business insight and understanding of organizational issues and challenges with ability to influence the business at all levels
• Moderate to high proficiency in Microsoft Excel
• Experience with SAP, Ariba, Salesforce, or other ERP systems is beneficial
• Capacity to thrive in a dynamic work setting, showing proactive tendencies and a track record of delivering outcomes
• Ability to build and develop strong trusted advisor relationships with internal and external partners.

Education

• Bachelor’s degree or equivalent experience in Business / Finance / Economics / Engineering / Supply Chain Management or related field
• Master’s Degree in Supply Chain Management, Finance, related field or Master’s Degree or equivalent experience is a plus
• Supply Chain or Project Management certifications a plus

Core Competencies

• Lead with Curiosity & Humility
• Build High Performing Teams for Today & Tomorrow
• Influence & Inspire with Vision & Purpose
• Observe, Engage & Connect
• Strive to Achieve Operational Excellence
• Deliver Business Results

Benefits

Bath & Body Works associates are the heart of our business. That’s why we’re proud to offer benefits that empower you to Dream Bigger & Live Brighter. Benefits for eligible associates include:

• Robust medical, pharmacy, dental and vision coverage. Plus, access to our onsite wellness center and pharmacy located at the Columbus, OH home office.
• 401k with company match and Associate Stock Purchase with discount
• No-cost mental health and wellbeing support through our Employee Assistance Program (EAP)
• Opportunity for paid time off and paid parental leave. Plus, access to family and lifestyle programs including a family building benefit, childcare discounts, and home, auto and pet insurance.
• Tuition reimbursement and scholarship opportunities for post-secondary education programs
• 40% merchandise discount and gratis that encourages you to come back to your senses!

Visit bbwbenefits.com for more details.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties and skills required.
We will consider for employment all qualified applicants, including those with arrest records, conviction records, or other criminal histories, in a manner consistent with the requirements of any applicable state and local laws. Please see links: Los Angeles Fair Chance In Hiring Ordinance, Philadelphia Fair Chance Law, San Francisco Fair Chance Ordinance.
We are an equal opportunity action employer. We do not make employment decisions based on an individual’s race, color, religion, gender, gender identity, national origin, citizenship, age, disability, sexual orientation, marital status, pregnancy, genetic information, protected veteran status or any other legally protected status, and we comply with all laws concerning nondiscriminatory employment practices. We are committed to providing reasonable accommodations for associates and job applicants with disabilities. Our management team is dedicated to ensuring fulfillment of this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, associate activities and general treatment during employment. We only hire individuals authorized for employment in the United States.
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Please refer the Job description for details