- Support annual savings targets for assigned category through the use of sophisticated analysis tools including cost benchmarking, best-of-best analysis, regression analysis, Linear Price Progression (LPP), and price analysis over time by supplier and sub-category
- Collaborate with Category leads, Buyers and Procurement project leads to implement cost optimization projects
- Develop cost driver and raw material impact analysis for assigned categories and identify cost take out opportunities; recommend pricing strategies
- Prepare fact-based data packs for Category leads to use in negotiations
- Assist in submitting Request for Quote (RFQ) events, bid analytics including total landed cost calculations and support in developing sourcing scenarios
- Update savings analytics dashboards, support spend optimization projects including standardization of global MSC codes, analysis of part similarities, top spend parts, and similar activities
- Track execution of savings opportunities through category Key Performance Indicators (KPIs)
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