Senior Strategic Sourcing Analyst - Ingredients

at Smithfield in Chicago, Illinois, United States

Job Description

If you are currently employed at Smithfield, please log into Workday and submit your application through the Jobs Hub.

A great job-and a great future-awaits you at Smithfield Foods. We're an $18 billion U.S. food company with nearly 60,000 employees worldwide. We're looking for motivated people who want to join our team and grow lasting and meaningful careers with us. Join our family today. Apply Now!

Your Opportunity
Join our dynamic and innovative team where your strategic expertise in sourcing will be influential in driving efficiency and success. We are committed to excellence, sustainability, and growth, seeking a Senior Strategic Sourcing Analyst to support our efforts in optimizing sourcing strategies and maximizing value within commodity ingredients and energy procurement.

The Senior Strategic Sourcing Analyst will be responsible for developing and conducting sourcing projects including but not limited to RFQ data management, data analysis, spend reporting, market analysis, bid analysis and overall supporting the category management team in day-to-day tasks for the categories of sweeteners, dairy, starches, soy, oils, natural gas, electricity and more.

Our team members receive industry-competitive salaries and are eligible for great benefits packages:
Competitive Pay: $66,000 - $96,250
Annual Bonus Earning Potential
Comprehensive Health Insurance, Retirement Benefits and More
Education benefits available to full and part-time Smithfield team members on their first day of employment.
In addition, we offer opportunities for career growth, professional development, and tuition assistance.
Core Responsibilities

Assist in strategy development and execute sourcing strategies for commodity ingredients and energy procurement, considering market dynamics, cost drivers, risk management, and internal requirements.

Analyze procurement data, market trends, and supplier performance metrics to provide insights and recommendations for optimizing sourcing strategies.

Lead RFQ activities, such as, collecting requirements, bid publication, collection, analysis, and awards.

Identify, evaluate, and onboard suppliers/vendors that align with quality standards, cost efficiency, and organizational goals.

Conduct comprehensive market analysis, forecasting, competitive benchmarking, and industry analysis to identify emerging opportunities or risks.

Work on projects to identify cost reduction opportunities, analyze cost structures, and contribute to cost savings and avoidance targets.

Collaborate with R&D, Purchasing, Business Management, and Quality teams to align projects and strategies with organizational objectives.

Manage contract lifecycles, ensuring agreements are accurately documented, reviewed, and renewed as needed.

Prepare reports, documentation, and presentations for management.

Ensure compliance with relevant regulations, industry standards, and company policies in all sourcing activities.

Travel to supplier facilities as well as Smithfield production facilities to gain education on production processes.
The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. May perform other duties as assigned.
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals to perform the essential functions.

Bachelor's degree from an accredited four-year college or university and 5+ years' relevant analytical experience; or equivalent combination of education and experience, required.

Experience in commodity markets (e.g., corn, sugar, dairy, oils, energy), strongly preferred.

Strong analytical skills with the ability to interpret complex data and market trends.

Deep understanding of supply chain dynamics, market volatility, and risk management strategies within commodity markets.

Demonstrated ability to work independently and collaboratively in a dynamic, fast-paced environment.

Established proficiency in SAP, Microsoft Office Suite, especially Excel and PowerPoint.

Experience with e-sourcing tools such as Scout, Zycus, Coupa, and Ariba, preferred.

Proven problem solving and decision-making skills,... For full info follow application link.

Smithfield is an Equal Opportunity/Affirmative Action (EEO/AA) Employer.  All qualified applicants will receive consideration without regard to race, color, national origin, sex, sexual orientation, gender identity, religion, age, status as a protected veteran, status as an individual with disability, or any other protected group status or non-job related characteristic as directed by law.