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Procurement Analyst
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Company Description
At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.
Position Overview
| Responsible for execution of strategic sourcing and category management activities for assigned spend categories. As a part of RLC’s Strategic Sourcing team, Analyst will lead facilitating requirements gathering, conducting research and data analysis to facilitate the implementation of value creation opportunities. Analyst interacts and works closely with project teams and manages day to day activities for assigned projects and initiatives. Reports to the Senior Directior, Strategic Sourcing. Experience in analysis, sourcing & procurement for the assigned categories as well as a desire to learn are essential. |
Essential Duties & Responsibilities
§ Develop category strategy and approach in accordance with overall strategy of Global Procurement including:
§ Development of Category-Specific Strategies
§ Development of Key Stakeholder Relationships
§ Aligning category strategy to stakeholder prioritization and developing category road map
§ Prioritization and Planning of Strategic Sourcing Initiatives
§ Identification of Global vs Region-Specific Opportunities
§ Management of Project Timelines
§ Lead execution of Strategic Sourcing events in accordance with Ralph Lauren sourcing methodology including:
§ Development of Project Baselines and Spend Profiles
§ Development of Industry & Vendor Profiles
§ Development of RF(x) Documents
§ Prepare and Lead Vendor Negotiations
§ Development and Implementation of Supply Agreements
§ Provide support for Global Procurement initiatives as required:
§ Spend Analytics and Assessment
§ Procurement Performance Reporting and Savings
§ Procurement Policy and Process Compliance
§ Coordination of Financial Capture of Sourcing Outcomes
§ Supplier Relationship Management
Experience, Skills & Knowledge
- Bachelor’s Degree in business, or a related field preferred
- 3+ years of experience in Strategic Sourcing, Project Management, Financial Analysis / Reporting, and Contract Management
- 2+ years of category-specific Strategic Sourcing experience
- Experience leading RF(x) events required – experience with Workday Strategic Sourcing (Scout) e-sourcing an asset
- Professional certifications are an asset (APICS, CPIM, NAPM etc.)
