Account Analyst, Sourcing & Procurement - Indirect

LogicSource Overview 

LogicSource is an innovative leader in sourcing and procurement services, we help companies increase profits through better buying.  LogicSource® is owned and operated by an experienced group of global business veterans who came together under the common goal to radically change the way sourcing and procurement works.  We’ve reinvented sourcing and procurement with an execution-based, fully transparent business model that ensures clients don’t spend a dime until they see results. 

Our people gain exposure to projects and clients spanning a broad set of categories across multiple industries. Opportunities for getting involved, whether working across functions or learning a new category abound. 

Our business model reflects our culture – radically different and rife with opportunity to make a difference. Our professionals enjoy the intellectual stimulation, challenge and satisfaction that only a sophisticated organization, coupled with relevant and meaningful business challenges to solve, can afford.  

Position Summary: 

We have an immediate opening for a full-time Account Analyst working extensively with our client, an apparel retailer located in Vancouver, BC. As a key member of our Client Services team, this position will play a critical role for LogicSource supporting purchasing and analytical function operations as part of a large procurement engagement for our client. This role reports to the Managing Director, Sourcing & Procurement. 

Responsibilities: 

• Analyze and produce meaningful interpretations, let alone actionable results, from spend tools and data.   
• Provide procurement and analytical support to the client Indirect Procurement team:
  • Collaborating with client internal stakeholders to identify and secure relevant data for analysis
  • Variance tracking and reporting
  • Financial and operational analysis
• Track, monitor and report on delivery of savings targets
• Support development of Quarterly Business Reviews and other required Client update presentations including developing analytics to report on sourcing progress and savings results.
• Deliver ad-hoc analytical requests as necessary
• Provide analytical support by leveraging and creating analysis of market intelligence, spend data, and other resources to map category landscape, identify opportunities for savings and uncover additional insights
• Deliver on-going analytical support to Sourcing Managers and the LogicSource Center of Excellence resources, including analyzing RFP results, comparing pricing and calculating savings
• Lead activities throughout procurement and sourcing team to monitor spend under management and spend under contract. Report to sourcing and business teams
• Read and extract inconsistencies within contracts and add value by outlining required SLAs
• Engage analytical resources at LogicSource’s Center of Excellence to ensure timely delivery of pertinent financial information
• Manage project approvals and updates in OneMarket Portfolio on behalf of the Client Services team.
• Monitor and report on key performance initiatives (KPIs) such as savings vs. baseline, purchase compliance to contract rates and usage versus demand management forecasts
• Leverage operational data to drive continual process improvement, including value engineering of specifications, supplier consolidation and geographic/freight-based opportunities
• Ensure procurement activities comply with all client policies and procedures including legal and regulatory
• Maintain efficient and courteous relationship with client, vendors, and internal client contractors 
   

Required Education and Experience: 

• Must be eligible to work in Canada 

• Bachelor’s degree in supply chain, finance, economics or accounting 

• Experience with sourcing and/or procurement is a plus 

• 2-3 years of experience in analysis, financial and/or operational reporting roles 

• Exposure to consumer-based business 

• Strong organizational, communication, and project management skills 

• Mastery of financial reporting concepts including commercial modeling 

• Fluent with reporting systems, internet research, and general forms of technical infrastructure 

• Proficient at Excel/financial analysis and planning 

• Ability to turn complex data into meaningful reports 

• Strong organizational and communication skills 

• Exposure strategic sourcing, procurement, contract administration, and/or project management processes 

• Concrete evidence provided of your attention to detail 

• Self-starter with ability to multi-task, make sound business decisions, and find hidden opportunities 

Travel: 

This position requires minimal travel.    

Other Duties: 

This Position Description is not an exhaustive list of the duties and responsibilities, and the employee is expected to perform other duties as necessary and assigned. The duties and responsibilities of this position may be modified at any time to meet changing business needs.