Sourcing Analyst Princeton, NJ, 08540 06 months Hybrid on-site 3x a week Normal Business Hours
Job Summary: The Sourcing Analyst 2 is responsible for supporting the procurement and strategic sourcing activities of the organization. This role involves analyzing data related to supplier performance, cost, and market trends, while also helping in supplier selection and contract negotiations. The role also supports the development of sourcing strategies that improve efficiency, reduce costs, and ensure supply chain sustainability.
Key Responsibilities: • Data Analysis: Analyze sourcing and procurement data to identify trends, savings opportunities, and supplier performance issues. • Market Research: Conduct market research to identify potential suppliers, market trends, and pricing benchmarks. • Supplier Management: Support supplier selection, performance evaluations, and relationship management. • Sourcing Strategy: Assist in the development and implementation of sourcing strategies that align with business objectives. • Cost Optimization: Identify cost-saving opportunities through negotiations, alternative sourcing options, and process improvements. • Contract Negotiation: Assist in negotiating contracts with suppliers, including terms, pricing, and service levels. • Compliance: Ensure all sourcing activities are in compliance with company policies and legal regulations. • Reporting: Prepare reports on supplier performance, market trends, and sourcing activities for management. • Collaboration: Work closely with cross-functional teams including supply chain, finance, operations, and legal to ensure alignment of sourcing strategies.
Qualifications: • Education: Bachelor’s degree in Supply Chain Management, Business, Finance, or related field. • Experience: 2-5 years of experience in sourcing, procurement, or supply chain roles. • Skills: o Strong analytical skills and experience with data analysis tools (e.g., Excel, SAP, Power BI) o Knowledge of procurement processes, contract management, and supplier negotiations o Excellent communication and interpersonal skills o Detail-oriented with strong organizational abilities o Ability to work in a fast-paced, dynamic environment o Proficiency in sourcing tools and technologies
Preferred Skills: • Experience with strategic sourcing or category management • Knowledge of supply chain sustainability practices • Familiarity with ERP systems - Oracle • Certification in procurement (e.g., CPSM, CIPS)
About Us: Established in 2004, SPECTRAFORCE® is one of the largest and fastest-growing diversity-owned staffing firms in the US. The growth of our company is a direct result of our global client service delivery model that is powered by our state-of-the-art A.I. proprietary talent acquisition platform, robust ISO 9001:2015/ISO 27001 certified processes, and strong and passionate client engaged teams. We have built our business by providing talent and project-based solutions, including Contingent, Permanent, and Statement of Work (SOW) services to over 140 clients in the US, Canada, Puerto Rico, Costa Rica, and India. Key industries that we service include Technology, Financial Services, Life Sciences, Healthcare, Telecom, Retail, Utilities and Transportation. SPECTRAFORCE is built on a concept of “human connection,” defined by our branding attitude of NEWJOBPHORIA®, which is the excitement of bringing joy and freedom to the work lifestyle so our people and clients can reach their highest potential. Learn more at: http://www.spectraforce.com
Benefits: SPECTRAFORCE offers ACA compliant health benefits as well as dental, vision, accident, critical illness, voluntary life, and hospital indemnity insurances to eligible employees. Additional benefits offered to eligible employees include commuter benefits, 401K plan with matching, and a referral bonus program. SPECTRAFORCE provides unpaid leave as well as paid sick leave when required by law.
Equal Opportunity Employer: SPECTRAFORCE is an equal opportunity employer and does not discriminate against any employee or applicant for employment because of race, religion, color, sex, national origin, age, sexual orientation, gender identity, genetic information, disability or veteran status, or any other category protected by applicable federal, state, or local laws. Please contact Human Resources at LOA@spectraforce.com if you require reasonable accommodation.
California Applicant Notice: SPECTRAFORCE is committed to complying with the California Privacy Rights Act (“CPRA”) effective January 1, 2023; and all data privacy laws in the jurisdictions in which it recruits and hires employees. A Notice to California Job Applicants Regarding the Collection of Personal Information can be located on our website. Applicants with disabilities may access this notice in an alternative format by contacting NAHR@spectraforce.com.
LA County, CA Applicant Notice: If you are selected for this position with SPECTRAFORCE, your offer is contingent upon the satisfactory completion of several requirements, including but not limited to, a criminal background check. We consider qualified applicants with arrest or conviction records for employment in accordance with all local ordinances and state laws, including the Los Angeles County Fair Chance Ordinance for Employers (FCO) and the California Fair Chance Act (FCA). The background check assessment will consider whether a criminal history could reasonably have a direct, adverse impact on the job-related safety, security, trust, regulatory compliance, or suitability for this role. Such findings may result in withdrawal of a conditional job offer.
At SPECTRAFORCE, we are committed to maintaining a workplace that ensures fair compensation and wage transparency in adherence with all applicable state and local laws. This position’s starting pay is: $32.00/hr.
