At WD-40 Company we believe that purpose-driven, passionate people guided by our values create amazing outcomes. Our “why” is refreshingly simple - we exist to create positive lasting memories in everything we do. We solve problems. We make things work smoothly. We create opportunities. How we achieve our “why” is by cultivating a tribal culture through learning, teaching and living our values.
If you're ambitious, eager to learn, enjoy analysis and supporting stakeholders to make decisions- this role will be a great fit!
The sourcing analyst will be responsible for supporting EIMEA sourcing initiatives through research, analysis, modeling of raw materials/components/finished goods and QMS support for both new product initiatives and existing SKU’s to achieve COGS targets, EBITDA and strategic sourcing goals.
At WD-40 Company we foster a culture of inclusion where all individuals are recognized, valued, respected, and experience a sense of belonging. All qualified applicants will receive consideration for employment without regard to individual characteristics that make us unique.
What You’ll Be Doing
Sourcing
* Performs market research/provides market intelligence (key player financial health, cost/demand/supply drivers, price forecasting)
* Independently researches, collects data, and creates customary cost models (cost models/TCO models). Analyzes and presents recommendations to support sourcing manager in the development of category strategies.
* Presents insights, summaries and recommendations to Senior leaders, in support of Sourcing leadership.
Source
* Research and identify alternate sources of supply to ensure supplier innovation concepts are captured for business evaluation.
* Responsible for sourcing new products or services to achieve the team’s goals and objectives as it relates to cost, quality and service.
* Review capabilities of potential new sources of supply within predefined criteria in partnership with the Sourcing Manager.
* Initiates and solicits requests for information (RFIs), requests for quotation (RFQs) and requests for proposals (RFPs) for sourcing of materials and services related to COGS.
* Provides detailed analysis of submitted quotes coupled with recommendations to Sourcing Manager and Sourcing Director.
* Assists team in detailed financial analysis of supplier quotations, financial reports.
* Actively participates in negotiations by presenting data to suppliers that will ensure fair and reasonable pricing.
* Develops and provides cost estimates and material support used in determining SKU profitability on new SKU initiatives.
* Works directly with marketing team to provide guidance on promotional decisions and cost implications.
Manage
* Provides analysis on price change justification and validation prior to cost approvals.
* Identifies strategic cost reduction activities to positively impact corporate EBITDA goals.
* Develops and manages cost models for products and contract packagers, including templates and procedures for indirect sourcing.
* Maintains accurate and up-to-date pricing files for fill fees, raw materials and packaging components.
* Performs detailed financial analysis of supplier quotations, financial reports, and other data to determine reasonableness of prices and/or price changes.
* Ability to negotiate equitable outcomes for WD-40 Company. Assists Supply Chain (Materials/Operations) team in resolution of performance issues and fulfillment of obligations.
* Works cross-functionally with Marketing, QA, R&D, Operations, Supply Chain, Sales, and Finance Support to support in the development of new product, promotional materials and packaging development.
* Ability to perform key dispute resolution in a timely manner to minimize any/all impact to WD-40 Company Business.
* Establish strong professional and interpersonal relations with key stakeholders at all levels within WD-40 Company and external partners.
Document Control
* Responsible for filing, storing, protecting, arranging, indexing, classifying and retrieving documents and records for all Secondary Packaging documents contained in corporate QMS database.
* Responsible for maintaining, uploading, updating, and attaching documents into QMS database including Bill of Material maintenance as it relates to sourcing documents.
* Coordinates the routing, review, approval, distribution and audit of secondary packaging documents. Follows up on review cycle and approval routing. Updates revision changes and release documents as approved.
What You’ll Bring To The Role
* Sourcing experience including RFI/RFP/RFQ process of raw materials, negotiation, execution, legal contract management and communication of deliverables.
* Experience within the FMCG industry is desirable. Or an understanding of the industry.
* Demonstrated organisational, attention to detail and multi-tasking skills with an emphasis on coordinating conflicting demands and priorities.
* Prioritises and plans work activities, organizes personal and project timelines, track project timelines and deadlines.
* Experience with Microsoft Office applications, including advanced-level Excel skills.
* Stakeholder engagement and management skills.
Total Rewards
Our competitive and comprehensive benefits package provides you protection, security, and peace of mind. We offer life-enhancing health, wellness, and financial programs, including profit incentive rewards, healthcare, and generous pension contributions. In addition, we want you to recharge and take time off, so enjoy short-day Fridays, paid holidays, and an additional paid week off between Christmas and New Year!
About Us
Why You Should Apply
* A strong values-aligned organization where contributions are acknowledged and rewarded, and where 91% of our tribe experiences a sense of belonging.
* A learning-based culture where 85% of our tribemates believe they can achieve their career objectives.
* Over 91% employee engagement as of the January 2024 global employee survey results.
* 99% of our tribemates report that they “love to tell people that they work for WD-40 Company”!
Please, only consider employment with WD-40 Company if you feel as strongly about our values as we do: We live, breathe, and embody our values every day.
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