Sourcing Analyst

Job Title: Sourcing Analyst Location: Cary, Illinois Type: 3 month- contract Compensation: $30-36/hr Work Model: Onsite Overview Join a leading medical technology organization as a Sourcing Analyst, driving supplier strategy, negotiations, and supply chain performance in a highly regulated environment. This onsite contract role offers the opportunity to partner with cross‑functional teams, lead cost‑saving initiatives, and make a direct impact on operational excellence and patient‑focused innovation. Responsibilities Review and analyze supplier contracts, strategies, negotiations, and terms to optimize sourcing processes. Develop and manage supplier relationships, including assessing and mitigating supply chain risks. Source, evaluate, and select suppliers to meet project and organizational needs. Collaborate with cross‑functional teams to support continuous improvement initiatives and cost reduction methodologies. Prepare and present detailed proposals, guidelines, and procedures related to supply management. Ensure compliance with ISO13485 standards, FDA QSR, and other relevant industry regulations. Conduct supplier audits and monitor supplier performance metrics to drive quality and efficiency. Lead and coordinate internal and external negotiations to achieve the best prices and favorable terms. Support supply chain risk assessments and develop mitigation strategies. Manage multiple projects with strong leadership, communication, and problem‑solving skills. Operate effectively in a highly regulated industry, particularly within the Medical Device sector. Requirements 6+ years in Supply Management with a focus on strategic sourcing and supplier development. Bachelor's Degree in Supply Management, Business, Finance, Engineering, or related field. Master’s Degree and professional certifications through APICS, ISM, and/or CSCMP preferred. Knowledge and application of supplier contract strategy, negotiations, and contract administration. Experience with supplier processes, risk assessment, and mitigation strategies. Strong negotiation, communication, presentation, and relationship‑building skills. Familiarity with continuous improvement methodologies and cost reduction strategies. Experience with supplier metrics and measurement systems. Proficiency in Microsoft Suite applications and project management tools. Supplier audit experience in quality systems such as FDA QSR, ISO3485, and ISO9001 preferred. Additional experience operating in regulated environments such as the Medical Device industry is a plus. International sourcing experience and ISO13485 standards knowledge preferred. Equal Opportunity Employer System One is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, age, national origin, disability, family care or medical leave status, genetic information, veteran status, marital status, or any other characteristic protected by applicable federal, state, or local law. #J-18808-Ljbffr