Sourcing Analyst II

Job Description:INNOVATE without boundaries!At Milwaukee Tool we firmly believe that our People and our Culture are the secrets to our success -- so we give you unlimited access to everything you need to provide support to your business unit.Behind our doors you'll be empowered every day to own it, drive it, and do what it takes to support the biggest breakthroughs in the industry. Meanwhile, you'll have the support and resources of the fastest-growing brand in the construction industry to make it happen.Your Role on Our Team:Under the direction of and reporting to the Group Manager of Procurement for Power Tools, primary duties are to support the implementation of sourcing strategies related to New Product Development and ongoing supplier relationship management. Scope for this position is supporting the global sourcing strategy for the Outsource Power Tools Unit along with other commodities as needed. Ideate and execute cost reduction plans to meet or exceed stated objectives. Support supplier relationships including negotiations, business awards, contracting (including development agreements), scorecards, risk mitigation, and problem resolution (capacity/cost/quality).This position requires a high degree of professional integrity, ethics and confidentiality. Tasks and projects that address broader organization-wide issues outside of the procurement department may be assigned.You’ll be DISRUPTIVE through these duties and responsibilities:Support global sourcing strategies for assigned Product Categories. Support prioritized plans to implement the strategiesCollaborate with multiple global teams to support quoting/quote normalization/negotiations and supply base development to support regional needsSupport Group Manager throughout the entire lifecycle of sourcing and procurement of the category from New Product Development through steady state support. Work closely with internal team on planning & bid preparation to budget/forecasting, general delivery specs, negotiation, contracting, invoicing, reporting and scorecarding.Actively participate in new product development projects and proactively coordinate the procurement activities involved within each stage of the New Product Development processPrepare and execute RFP/RFQ's and analyze quotations and bids. Conduct, analyze, and share cost break down analysis to aide negotiations of per unit cost, commanding best overall cost and commercial termsConduct research on market dynamics, cost drivers, supplier business models, and historical spend to enhance negotiations for assigned categories and contractsEvaluate existing sources for technical and manufacturing capabilities, quality systems, management and financial stability, cost competitiveness and responsivenessStreamline spend and KPI trackingInitiate necessary correspondence or personal contact to expedite purchased goods, revise purchase orders, issue cancellations, improve terms, resolve disposition of rejected goods and rework costs, adjust invoice discrepancies and rectify other related problems, as neededThe TOOLS you’ll bring with you:Bachelor’s degree or equivalent in Supply Chain/Logistics, Business, Engineering, Finance, or related technical fieldMinimum 1 years of progressive experience within direct procurement. Finished good experience a plusInternational sourcing/supply chain experience desirableExcellent negotiating skills; High level of analytical skillsResults driven and deadline orientated. Ability to manage multiple activities and projects to aggressive schedules and resultsSeeking an aggressive, determined individual with excellent organizational skillsOutstanding interpersonal, verbal, written, and presentation skills are requiredWe provide these great perks and benefits:Robust health, dental and vision insurance plansGenerous 401 (K) savings planEducation assistanceOn-site wellness, fitness center, food, and coffee serviceAnd many more, check out our benefits site HERE.Milwaukee Tool is an equal opportunity employer.SummaryLocation: Milwaukee, WIType: Full time