Sourcing Analyst at Cummins Inc
London, London - England, United Kingdom -
Full Time


Start Date

Immediate

Expiry Date

24 Jan, 27

Salary

43000.0

Posted On

26 Oct, 26

Experience

1 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Yes

Skills

Industry

Consumer Services

Description

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.

Responsibilities
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