Strategic Sourcing Analyst

Position Summary
The position is responsible for collecting, aggregating, analyzing, and maintaining supply chain data to support strategic sourcing and supply chain initiatives across the organization. Key responsibilities include spend analysis and management, supplier negotiations, cost-benefit analysis, payment term optimization, invoice accuracy and compliance, supplier performance management, corporate reporting, and ad hoc business analysis.

• Develop and maintain global supply chain analysis tools, including Zycus, Power BI dashboards, databases, and reporting systems to support strategic sourcing and supply chain decision-making.
• Assist business units with vendor onboarding and setup, invoicing issues, data discrepancies, supplier master data management, and payment term negotiations. Conduct periodic audits to ensure compliance, data integrity, and process accuracy.
• Perform comprehensive global spend analysis to identify cost savings, supplier consolidation, productivity improvements, and process optimization opportunities. Quantify financial impact, collaborate with cross-functional teams to implement action plans, and track realized benefits.
• Analyze and report on sourcing trends affecting business performance, including contract expirations, pricing fluctuations, cost variance analysis, market conditions, commodity trends, tariffs, and economic indicators.
• Support supplier negotiations by conducting cost-benefit analyses, benchmarking studies, working capital assessments, and payment term evaluations.
• Support sourcing projects, supplier rationalization initiatives, productivity programs, and strategic supplier development activities.
• Consistent with the Crane Business System (CBS), participate in, facilitate, and lead Kaizen and continuous improvement events that eliminate waste, improve flow, enhance supplier performance, and deliver measurable results in Growth, Safety, Quality, Delivery, Cost, and Working Capital.
• Collaborate with Finance, Operations, Engineering, Quality, and Logistics teams to support supply chain initiatives, improve operational efficiency, and drive sustainable business results.

• Develop and maintain global supply chain analysis tools, including Zycus, Power BI dashboards, databases, and reporting systems to support strategic sourcing and supply chain decision-making.
• Assist business units with vendor onboarding and setup, invoicing issues, data discrepancies, supplier master data management, and payment term negotiations. Conduct periodic audits to ensure compliance, data integrity, and process accuracy.
• Perform comprehensive global spend analysis to identify cost savings, supplier consolidation, productivity improvements, and process optimization opportunities. Quantify financial impact, collaborate with cross-functional teams to implement action plans, and track realized benefits.
• Analyze and report on sourcing trends affecting business performance, including contract expirations, pricing fluctuations, cost variance analysis, market conditions, commodity trends, tariffs, and economic indicators.
• Support supplier negotiations by conducting cost-benefit analyses, benchmarking studies, working capital assessments, and payment term evaluations.
• Support sourcing projects, supplier rationalization…