The Senior Analyst of Strategic Sourcing leverages multiple sources of internal and external data to support category strategies that ultimately drive a competitive advantage and value for Visa. As a key support role for the Strategic Sourcing Services organization, you are accountable for understanding various tools, data sets and process that support the Strategic Sourcing organization. You will need a strong sense of urgency and the ability to balance short vs long term needs. This role will support the sourcing category leads and will also independently lead deals based on the category strategy. You are accountable for enabling strategies to deliver sustainable results across a range of subcategories by identifying new opportunities for value and process improvement.
Responsibilities
Follows strategic sourcing process when possible, in proactive sourcing initiatives. Leads small- to medium-size projects. Leads low- to medium-complexity projects.
Develops and implements sourcing project plans. Executes projects/tasks according to leadership and business expectations.
Manage and analyzes large datasets, and information sources to support Category leaders in development of Category Strategies, Negotiation plans, and internal discussions
Builds relationships and effectively partners across varied functions with internal stakeholders, external suppliers, agencies, and colleagues to influence change
Understand and can implement the total cost of ownership concept and leverages negotiations skills to achieve optimum quality, cost and service goals. Creates, writes, negotiates, and reviews supplier contracts. Works with internal business partners to establish agreements that reflect the interests of the company
Works with legal counsel and other stakeholders to negotiate terms and conditions of the contracts
Participates and may lead in supplier selection and moderately complex contract negotiations, involving Legal and other departments as necessary, to achieve favorable terms on quality, delivery, and price, and ensure end-user needs are met and deliver cost savings
Manages multiple processes and requests and sets expectations
Provides high level education to business partners on the overall continuous strategic sourcing process from needs identification, through supplier performance management across multiple partners
Maintain external focus by leveraging industry peers, organizations, associations and by continuing to build strong relationships outside of Visa
Communicates effectively and frequently, listens carefully, and actively seeks and values the perspectives of others
Drives completion of simultaneous projects by proactively considering new alternatives and driving critical thinking to optimize results
Builds effective strategic relationships with external suppliers to foster open and collaborating communication
Support and contributes to various category leaders in developing supplier plans with a focus on continuous improvement and innovation
Contributes significantly to the achievement of defined category performance targets and assists in driving the performance of associated suppliers, measure supplier’s performance to ensure performance meets expectations
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