Sourcing Analyst
Drive Medical
Summary
The Sourcing Analyst plays a critical role in supporting the organization's procurement and supply chain objectives by identifying, evaluating, and managing supplier opportunities that drive cost savings, quality improvements, and operational efficiency. This position leverages market research, data analysis, and strategic sourcing methodologies to assess supplier capabilities, monitor performance, and develop actionable insights that support business goals.
Job description
Main Activities/Responsibilities
- Conduct comprehensive market research to identify potential suppliers and evaluate their capabilities, pricing, and service offerings.
- Analyze procurement and sourcing data to identify trends, cost-saving opportunities, and areas for improvement in sourcing strategies.
- Collaborate with cross-functional teams to develop and implement strategic sourcing initiatives that align with the business objectives.
- Develop, improve, and monitor supplier performance metrics and conduct regular assessments to ensure compliance with contractual obligations.
- Prepare detailed reports and presentations to communicate findings, recommendations, and sourcing strategies to stakeholders.
- Support negotiations with suppliers to achieve favorable terms and conditions while maintaining quality and service standards.
- Procurement activities to include but not limited to PO placement, date management, BO review, weekly and monthly reports and analytics.
Competencies
- Proficiency in using ERP systems, data visualization and/or other procurement software and tools for data analytics and reporting.
- Strong understanding of supply chain management principles and methodologies.
- Strong problem-solving skills with a proactive approach to identifying and addressing challenges.
- Ability to work collaboratively in a fast-paced environment while managing multiple priorities.
- Detail-oriented mindset with a commitment to delivering high-quality work.
- Ability to foster positive relationships with suppliers and internal stakeholders.
Education and Experience
- Bachelor's degree in supply chain management, Business Administration, or a related field.
- 3+ years of experience in sourcing, procurement, or supply chain analysis.
- Strong analytical skills with proficiency in data analysis tools, such as Excel or similar software.
- Excellent communication and interpersonal skills, with the ability to influence stakeholders.
- Preferred experience working in a corporate, or manufacturing, procurement/sourcing environment.
- Preferred familiarity with supplier relationship management and performance evaluation techniques.
- Preferred knowledge of industry trends and best practices in sourcing and procurement.
Requirements
- Bachelor's degree in supply chain management, Business Administration, or a related field
- 3+ years of experience in sourcing, procurement, or supply chain analysis
- Strong analytical skills with proficiency in data analysis tools, such as Excel or similar software
- Excellent communication and interpersonal skills, with the ability to influence stakeholders
- Proficiency in using ERP systems, data visualization and/or other procurement software and tools for data analytics and reporting
- Strong understanding of supply chain management principles and methodologies
- Strong problem-solving skills with a proactive approach to identifying and addressing challenges
- Ability to work collaboratively in a fast-paced environment while managing multiple priorities
- Detail-oriented mindset with a commitment to delivering high-quality work
- Ability to foster positive relationships with suppliers and internal stakeholders
Benefits
- Competitive Benefits
- Paid Time Off
- 401(k) Savings Plan
- PM Incentive Plan
Company overview
Drive Medical, operating as Drive DeVilbiss Healthcare, is a leading global manufacturer of durable medical equipment founded in 2000 and headquartered in Port Washington, New York. The company specializes in designing, manufacturing, and distributing a comprehensive portfolio of over 3,500 healthcare products that enhance quality of life and promote patient independence. Their extensive product line includes mobility solutions (wheelchairs, walkers, rollators), respiratory care equipment (oxygen concentrators, sleep therapy devices), bath safety products, patient room equipment, bariatric solutions, pediatric rehabilitation products, and personal care devices. Following the strategic acquisition of DeVilbiss Healthcare in 2015, the company expanded its respiratory care offerings and strengthened its global presence. Drive Medical serves diverse healthcare markets including homecare providers, long-term care facilities, healthcare professionals, government agencies, and retailers across North America, Europe, Asia, and other international regions. With a mission to lead the world with innovative healthcare solutions, the company operates manufacturing and distribution facilities worldwide and maintains a strong commitment to operational efficiency, customer experience, and market leadership in the durable medical equipment sector.