Strategic Sourcing Analyst
Southwest Airlines
Compensation
About the role
The People of Southwest Airlines come together to deliver on our Purpose, which is to connect People to what’s important in their lives through friendly, reliable, and low-cost air travel. The Strategic Sourcing Analyst invests in the future of Southwest’s People by sourcing materials and developing parts, repairs, and manufacturing capabilities for Southwest’s aircraft maintenance through deep analysis and development of data-driven proposals.
Responsibilities
- Evaluate total Supplier value by aligning business needs with Supplier capabilities, leveraging spend and volume of business; analyze quotes for quality, accuracy, TCO, trend analysis, and contract terms to ensure competitive pricing
- Assess and define business needs; develop effective Supplier negotiation strategies and use innovative procurement solutions to maximize value
- Implement Supplier Agreements; ensure Supplier compliance to corporate standards, policies, and regulatory requirements
- Coordinate drafting/execution of Contracts, including legal, cyber, tax and other Stakeholder review to ensure compliance with internal guidelines/policies; manage administration of Agreements
- Develop presentations and reporting for Team and/or Leadership and other Stakeholders
- Maintain and develop supplier relationships by attending trade shows, supplier meetings, conferences, etc.
- Drive sourcing process through Electronic Procurement System/Enterprise Resource Planning (EPS/ERP), provide effective/timely communication to Suppliers/Team throughout sourcing process; coord inate Supplierpresentations, demos, or product testing; conduct site visits
- Work with cross-functional Teams to identify opportunities for cost-savings/efficiencies
- Support the development of business cases to help prioritize opportunities and champion improvement projects
- Lead cross-functional Teams category to develop sourcing and procurement strategies for internal Customer needs in collaboration with internal Stakeholders
Requirements
- Knowledge of the financial markets, banking, supply base/competitive landscape, industry trends, key issues, and assess potential business impacts following world events thru effective research
- Knowledge of economic and accounting principles and practices, and the analysis and reporting of financial data
- Ability to understand/execute each step of sourcing methodology to maximize value and service levels
- Skilled with procurement contract types and when to use them effectively; thorough understanding of Contract negotiation lifecycle
- Skilled in leading negotiations with limited guidance, understand how to employ common negotiation tactics
- Ability to obtain and disseminate information in any setting to gain influence
- Manages conflict internally and externally at various levels of Leadership
- Skilled with financial models; able to perform projected cost scenarios and cost-benefit analysis techniques; thorough knowledge of TCO cost models
- Skilled in collecting, organizing, visualizing and assimilating data, including turning raw data into meaningful information using data-oriented programming languages and visualization software
- Skilled in working with cross-functional Teams while achieving consensus
- Ability to use logic and reasoning to complete analysis, and synthesize information to identify strengths and weaknesses of alternative solutions, conclusions, or approaches to problems, while working in a highly collaborative environment
Benefits
- Fly for free on any open seat on all Southwest flights
- 401(k) with Company contributions up to 9.3%
- ProfitSharing contribution
- Competitive health insurance
About the Company
We are committed to provide our Employees a stable work environment with equal opportunity for learning and personal growth. Creativity and innovation are encouraged for improving the effectiveness of Southwest Airlines. Above all, Employees will be provided the same concern, respect, and caring attitude within the organization that they are expected to share externally with every Southwest Customer.
Job Details
Salary Range
$78,850 - $87,600/yearly
Location
Dallas, Texas, U.S.
Employment Type
Full-time, Regular
Original Posting
View on company website