| The Sourcing Analyst supports the Universitys strategic sourcing function by providing data-driven analysis that informs sourcing decisions, supplier negotiations, and institutional spend management. Under the direction of the Senior Sourcing Manager, this entry-level position is responsible for evaluating competitive proposal financial data, developing commodity-level Consumer Price Index (CPI) trend analyses and market forecasts, and performing a broad range of analytical and administrative functions in support of the Sourcing team. The ideal candidate combines strong quantitative skills with an interest in higher education procurement, sourcing and supply chain economics.
Education and Experience:
Bachelors degree in supply chain management, Business Administration, Finance, Economics, Public Administration, or a closely related field.
Skills and Knowledge:
Demonstrated advanced proficiency in Microsoft Excel - pivot tables, VLOOKUP/XLOOKUP, charting, and data modeling, SQL, PostgreSQL, MySQL, Minitab.
Supply Chain Software: SAP ERP, Oracle Fusion, Peoplesoft, Cobblestone.
Strong analytical and quantitative reasoning skills with the ability to interpret financial and economic data.
Excellent written and verbal communication skills; ability to present analysis clearly to non-technical stakeholders.
High attention to detail and accuracy in data management and documentation.
Ability to manage multiple priorities and meet deadlines in a fast-paced, service-oriented environment.
Professional experience in procurement, supply chain, finance, or a related analytical role (internships accepted).
Certification: APICS, Lean Six Sigma, Power BI.
Responsibilities:
Proposal & Financial Data Analysis
Review and evaluate supplier proposal pricing, cost breakdowns, and fee structures submitted in response to formal solicitations (RFPs, RFQs, and RFIs).
Develop total cost of ownership (TCO) models and price comparison matrices to support supplier selection and award recommendations.
Identify pricing anomalies, outliers, or non-conforming proposal elements and prepare summary findings for the Sourcing Manager.
Assist in compiling cost/price analysis documentation required for procurement files and compliance reporting.
CPI Commodity Trend Analysis & Market Forecasting
Monitor Bureau of Labor Statistics (BLS) CPI datasets and other public economic indices to track price movements across assigned commodity categories.
Develop periodic commodity market reports featuring historical trend analysis, current pricing benchmarks, and 6-18-month price forecasts.
Correlate macroeconomic indicators (inflation, fuel costs, labor indices) with university spend data to project contract cost escalation and inform budget planning.
Present analytical findings to the Sourcing Manager in clear, actionable summary formats including dashboards, charts, and written briefings.
Develop a commodity trends database and ensure timely updates in alignment with contract renewal schedules.
Global Supply Chain Market Forecasting
Coordinate supplier communications, document requests, and pre-bid/pre-proposal meetings as directed.
Conduct spend analysis using the universitys ERP and eProcurement systems, identifying consolidation and savings opportunities.
Sourcing Manager Support
Assist in the preparation and administration of competitive solicitations, including drafting evaluation criteria, pricing schedules, and bid tabulations.
Assist with university procurement policy compliance reviews and audit preparation activities.
About Syracuse University:
Syracuse University is a private, international research university with distinctive academics, diversely unique offerings, and an undeniable spirit. Located in the geographic heart of New York State, with a global footprint, and over 150 years of history, Syracuse University offers a quintessential college experience.
The scope of Syracuse University is a testament to its strengths: a pioneering history dating back to 1870; a choice of more than 200 majors, 100 minors, and 200 advanced degree programs offered across the Universitys 13 schools and colleges; over 15,000 undergraduates and over 6,000 graduate students; more than a quarter of a million alumni in 160 countries; and a student population from all 50 U.S. states and 123 countries. For more information, please visit http://www.syracuse.edu.
About the Syracuse area:
Syracuse is a medium-sized city situated in the geographic center of New York State approximately 250 miles northwest of New York City. The metro-area population totals approximately 500,000. The area offers a low cost of living and provides many social, cultural, and recreational options, including parks, museums, festivals, professional regional theater, and premier shopping venues. Syracuse and Central New York present a wide range of seasonal recreation and attractions ranging from water skiing and snow skiing, hiking in the Adirondacks, touring the historic sites, visiting wineries along the Finger Lakes, and biking on trails along the Erie Canal.
Syracuse University is an equal-opportunity institution. The University prohibits discrimination and harassment based on race, color, creed, religion, sex, gender, national origin, citizenship, ethnicity, marital status, age, disability, sexual orientation, gender identity and gender expression, veteran status, or any other status protected by applicable law to the extent prohibited by law. This nondiscrimination policy covers admissions, employment, and access to and treatment in University programs, services, and activities.
Syracuse University has a long history of engaging veterans and the military-connected community through its educational programs, community outreach, and employment programs. After World War II, Syracuse University welcomed more than 10,000 returning veterans to our campus, and those veterans literally transformed Syracuse University into the national research institution it is today. The Universitys contemporary commitment to veterans builds on this historical legacy, and extends to both class-leading initiatives focused on making an SU degree accessible and affordable to the post-9/11 generation of veterans, and also programs designed to position Syracuse University as the employer of choice for military veterans, members of the Guard and Reserve, and military family members.
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Syracuse University is a place where talent, desire, and opportunity thrive. In 12 different schools and colleges that span the liberal arts and professional disciplines, students, faculty, and staff from diverse backgrounds come together to learn, create, and break boundaries.
The University is also a vital part of the community, providing services as well as being a leader in employee benefits, work-life and organizational development, training, student employment, staff relations, and workforce diversity.
Syracuse itself is located at the crossroads of New York State, and offers a lush landscape of seasons. From fun-filled summers in the Finger Lakes to snowy winters that thrill outdoor sports enthusiasts, the area truly has something for everyone.