What does a senior sourcing analyst do?
A senior sourcing analyst is an individual who oversees the planning and purchasing process for specific commodities and who supports new product launches. He/She or she should be able to establish relationships with suppliers to help in the sourcing process and in the negotiation of deals and contracts to ensure compliance with budgetary requirements. The position requires core skills such as strong analytical, mathematical, and negotiating skills and deep knowledge of the industry the analyst is working in. The education requirements for the job include an associate or bachelor's degree in business, supply chain management, marketing, or a related field.
Senior sourcing analyst responsibilities
Here are examples of responsibilities from real senior sourcing analyst resumes:
- Generate candidate pipeline by sourcing passive candidates using company database, LinkedIn, marketing campaign leads, personal/professional networking leads/referrals.
- Prepare RFI, RFQ and RFP documents and intercede in the decision-making process involving vendor selection and negotiations.
- Assist in liaison efforts with other DoD intelligence organizations making an improvement in products and processes.
- Utilize SIGINT databases to accurately draft product reports and respond to requests for information supporting C7F.
- Prepare all documentation to analyze vendor proposals, including RFP's, RFQ's, pricing matrices.
- Develop and lead the execution of the RFx in process management and evaluation with solution recommendation analysis.
- Analyze SIGINT capabilities of terrorist groups operating in Afghanistan.
- Facilitate migration to fix ordering while collaborating with logistics to ensure inbound freight are organized at distribution centers across the country.
- Utilize M3 for message trafficking.
- Monitor surveillance and detection systems while interpreting and evaluating tactical situations using GIS databases and making recommendations to superiors.
Senior sourcing analyst skills and personality traits
We calculated that 7% of Senior Sourcing Analysts are proficient in DOD, CI, and Intelligence Analysis. They’re also known for soft skills such as Empathy, Good judgment, and Leadership skills.
We break down the percentage of Senior Sourcing Analysts that have these skills listed on their resume here:
- DOD, 7%
Monitored and supported Department of Defense (DoD) and coalition forces activity, all-source intelligence, collection and operational information.
- CI, 7%
Performed CI analysis and prepared intelligence reports and technology risk assessments addressing threats and vulnerabilities to U.S. government personnel.
- Intelligence Analysis, 7%
Provided in-depth intelligence analysis in support of a wide variety of Joint Operations.
- Strategic Sourcing, 6%
Reported directly to Director of Global Strategic Sourcing, and managed analysis of product category with $200M annual budget.
- Intelligence Community, 4%
Managed incoming communications externals data from numerous resources to satisfy the intelligence community's request for information needs
- Project Management, 4%
Performed project management for new purchases or professional services needed.
"dod," "ci," and "intelligence analysis" are among the most common skills that senior sourcing analysts use at work. You can find even more senior sourcing analyst responsibilities below, including:
Empathy. One of the key soft skills for a senior sourcing analyst to have is empathy. You can see how this relates to what senior sourcing analysts do because "police officers need to understand the perspectives of a variety of people in their jurisdiction and be willing to help the public." Additionally, a senior sourcing analyst resume shows how senior sourcing analysts use empathy: "briefed senior leadership on specific units, and artillery pieces for greater situational awareness and understanding. "
Good judgment. Another soft skill that's essential for fulfilling senior sourcing analyst duties is good judgment. The role rewards competence in this skill because "police and detectives must be able to determine the best way to solve an array of problems." According to a senior sourcing analyst resume, here's how senior sourcing analysts can utilize good judgment in their job responsibilities: "developed and maintained good supplier relationships. "
Leadership skills. senior sourcing analysts are also known for leadership skills, which are critical to their duties. You can see how this skill relates to senior sourcing analyst responsibilities, because "police officers must be comfortable with being a highly visible member of their community, as the public looks to them for help in emergencies." A senior sourcing analyst resume example shows how leadership skills is used in the workplace: "provide senior leadership with thorough market analysis/forecasts on critical raw materials & energy commodities. "
Physical strength. senior sourcing analyst responsibilities often require "physical strength." The duties that rely on this skill are shown by the fact that "police officers must be strong enough to physically apprehend suspects and to assist people in precarious situations." This resume example shows what senior sourcing analysts do with physical strength on a typical day: "developed and strengthened substantive ties with other government organizations on terrorism, radicalization, and insurgencies. "
Communication skills. Another common skill required for senior sourcing analyst responsibilities is "communication skills." This skill comes up in the duties of senior sourcing analysts all the time, as "police and detectives must be able to speak with people and to express details in writing about an incident." An excerpt from a real senior sourcing analyst resume shows how this skill is central to what a senior sourcing analyst does: "supported contract management and facilitated communication between government customer and subcontractor. "
The three companies that hire the most senior sourcing analysts are:
- Rubrik33 senior sourcing analysts jobs
- Prescient Edge23 senior sourcing analysts jobs
- Motion Recruitment13 senior sourcing analysts jobs
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Compare different senior sourcing analysts
Senior sourcing analyst vs. Landman
Landmen are referred to as the public-facing side of a gas, mineral, and oil exploration and production team. They are professionals who interact and negotiate directly with landowners for the acquisition of gas and oil drilling leases. Their duties include acquiring subsurface mineral rights from the landowners. They negotiate mineral rights, which include marketing and leasing right from the owner. The skills necessary for the job include management skills, leadership, communication skills, and attention to detail.
These skill sets are where the common ground ends though. The responsibilities of a senior sourcing analyst are more likely to require skills like "dod," "ci," "intelligence analysis," and "strategic sourcing." On the other hand, a job as a landman requires skills like "ownership reports," "title searches," "due diligence," and "right-of-way." As you can see, what employees do in each career varies considerably.
Landmen tend to reach lower levels of education than senior sourcing analysts. In fact, landmen are 11.2% less likely to graduate with a Master's Degree and 8.1% more likely to have a Doctoral Degree.Senior sourcing analyst vs. Contracts administrator
Contract administrators create and manage legal contracts from which the company participates. They ensure that all entities to the contract will accomplish their obligations, as indicated in the contract. They usually work for larger organizations that might be involved with different or highly complex contracts. These organizations spread across a range of industries, including government, construction, and healthcare. Their responsibilities include addressing any conflicts of questions regarding the contract, analyzing the possible risks posed by contracts, and working alongside the legal and procurement teams.
Each career also uses different skills, according to real senior sourcing analyst resumes. While senior sourcing analyst responsibilities can utilize skills like "ci," "intelligence analysis," "intelligence community," and "cost savings," contracts administrators use skills like "contract administration," "customer service," "proposal preparation," and "purchase orders."
On average, contracts administrators earn a lower salary than senior sourcing analysts. Some industries support higher salaries in each profession. Interestingly enough, contracts administrators earn the most pay in the finance industry with an average salary of $72,687. Whereas senior sourcing analysts have higher pay in the manufacturing industry, with an average salary of $87,401.Average education levels between the two professions vary. Contracts administrators tend to reach lower levels of education than senior sourcing analysts. In fact, they're 6.7% less likely to graduate with a Master's Degree and 8.1% more likely to earn a Doctoral Degree.Senior sourcing analyst vs. Media buyer
Media Buyers are marketing professionals who manage the company's advertisements. They create the company's media plan to determine the advertising needs of the company. They negotiate with external providers to get the best advertisement placement values. To do this, Media Buyers are expected to conduct thorough research on the different advertising companies, networks, media, size of placement, and length of advertisement. Their research must consider the target market and determine the best media to reach their target market. Media Buyers should have good negotiation skills and must be able to maintain good working relationships with providers.
The required skills of the two careers differ considerably. For example, senior sourcing analysts are more likely to have skills like "dod," "ci," "intelligence analysis," and "strategic sourcing." But a media buyer is more likely to have skills like "digital marketing," "campaign performance," "media buying," and "facebook."
Media buyers earn the best pay in the professional industry, where they command an average salary of $74,775. Senior sourcing analysts earn the highest pay from the manufacturing industry, with an average salary of $87,401.media buyers typically earn lower educational levels compared to senior sourcing analysts. Specifically, they're 12.8% less likely to graduate with a Master's Degree, and 0.2% less likely to earn a Doctoral Degree.Senior sourcing analyst vs. Subcontract administrator
As a subcontract administrator, you will be responsible for identifying the needs of a company and implement measures and initiatives to fulfill those needs. This role will require you to perform a few tasks, including responding to purchase requisitions, soliciting bids and proposals from new and existing sources, and evaluating terms and awarding the subcontract. You are then expected to monitor the subcontract terms, including plans, progress, and payments. You will also be responsible for negotiating additions, modifications, and deletions of subcontracts.
Types of senior sourcing analyst
Updated January 8, 2025
