layiq

/la·yiq/adjective

worthy; deserving; fitting; suitable.

A role, opportunity, or path that merits attention, time, and pursuit.

LAYIQ - Strategic Sourcing Analyst at SRS Distribution

Analyze spend, supplier performance, market trends, and business requirements to identify sourcing opportunities and cost optimization initiatives.
Support Strategic Sourcing Managers in developing and executing category strategies through spend analysis, market research, and supplier evaluations.
Collect, analyze, and maintain procurement data to identify sourcing opportunities, spend trends, savings opportunities, and supplier performance insights.
Assist in the execution of strategic sourcing events, including RFIs, RFPs, RFQs, supplier communications, bid analysis, and recommendation development.
Maintain procurement systems, contract repositories, supplier records, and category documentation to ensure data accuracy and accessibility.
Monitor supplier compliance with contractual terms, pricing agreements, service levels, and preferred supplier programs; escalate issues as appropriate.
Assist with supplier performance reporting, scorecards, business reviews, and continuous improvement initiatives.
Develop dashboards, reports, and key performance indicators to measure procurement performance, savings, supplier compliance, and category results.
Support contract administration activities, including contract renewals, expiration tracking, and document management.
Identify opportunities to improve procurement processes, reporting capabilities, and operational efficiencies through automation and standardization.
Build and maintain comprehensive category intelligence including spend analytics, supplier segmentation, contract repository, market assessments, and sourcing pipeline.
Support annual budgeting and forecasting activities by providing category-specific market intelligence and cost projections.
Identify opportunities to standardize products, services, specifications, and purchasing processes across the enterprise.
Ensure procurement activities comply with company policies, ethical sourcing standards, and contractual obligations.
Continuously evaluate market conditions, emerging suppliers, and industry trends to maintain competitive sourcing strategies.
Direct Manager Direct Reports: Direct Manager: Senior Director, Indirect Procurement
Direct Reports: None.
Travel Requirements: Limited travel (up to 10%) may be required to support supplier meetings, business reviews, branch visits, training, or procurement team initiatives.

Knowledge of procurement best practices, sourcing methodologies, and supplier management processes.
Demonstrated success supporting competitive sourcing events
Experience developing reports, dashboards, or with data analytics platforms to support strategic decision-making processes
Familiarity with contract management systems and procurement technologies.
Experience using Power BI or other business intelligence tools
Minimum Education: A Bachelor's degree in Business Administration, Supply Chain Management, Finance, Data Analytics, or a related field is required.
Preferred Education: Bachelor's degree in Supply Chain Management, Business Administration, Procurement, Finance, Accounting, Economics, Operations Management, Industrial Engineering, or a related field. Coursework or concentration in supply chain, procurement, business analytics, data analytics, or operations is preferred.
Minimum Years Of Work Experience: The Strategic Sourcing analyst role requires a minimum of 1-year relevant work experience.
Certifications: None Required.
Competencies: Analytical Acumen: Possesses strong analytical capabilities to assess market data, evaluate vendor performance, and make data-driven recommendations that enhance category total cost of ownership, strategically aligning supplier contributions with corporate financial objectives.
Communication Excellence: Exhibits professional communication skills, enabling effective interactions with vendors, internal stakeholders, and cross-functional teams to facilitate the development of strategic sourcing events and category strategies.
Ethical Standards and Integrity: Upholds the highest ethical standards, consistently demonstrating integrity in supplier interactions and contract negotiations, aligning with the organization's values and ethical guidelines.
Work Location: 7440 State Highway 121, McKinney, TX 75070.
Remote/Virtual, Hybrid, or in-office: Hybrid: 3-4 days in office per week with 1-2 remote days per week
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Job Location: SRS Distribution - McKinney
7440 State Highway 121 McKinney, TX 75070-3104 ‎
As an Equal Employment Opportunity (EEO) employer SRS Distribution Inc., including all its subsidiaries, provides job opportunities to qualified individuals without regard to actual or perceived race, color, creed, religion, national origin, sex, gender, age, disability, gender identity, sexual orientation, citizenship status, uniform service, veteran status, marital status, genetic information, physical or mental disability, or any other characteristic in accordance with applicable federal, state, and local EEO laws.

If you are an individual with a disability or a disabled veteran and require a reasonable accommodation in applying for any posted position, please contact Human Resources at US: 855.556.3221, or by email to: HR@Help.SRSDistribution.com with the nature of your accommodation request and include the Business name, location and title of the job opening. Please allow one (1) business day for a reply.

All employment offers are contingent upon successful completion of a background check and drug screen, as permitted by law. ‎
Competitive weekly/bi-weekly pay, discretionary bonuses, 401(k) with company match, Employee Stock Purchase Plan, paid time off (vacation, sick, volunteer, holidays, birthday, floating), medical/dental/vision, flexible spending accounts, company-paid life and short-term disability, plus optional long-term disability, and additional life insurance. All benefits subject to eligibility. ‎
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Should a Candidate be submitted to fill a position by a recruiting or staffing services agency (“Agency”), the Company has no obligation to pay the Agency any fee for submission, offer, placement or any service without a fully executed contract of service covering the engagement.

Strategic Sourcing Analyst

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