Sourcing Business Analyst

In the Crick's Sourcing Team.

Part of Crick Operations.

The position of the Sourcing Business Analyst is to support the objectives of the Sourcing Team within the Crick, including the delivery of strategic sourcing initiatives, cross-functional sourcing projects and an improved supplier relationship management framework with best value and efficiencies in mind. The role supports the Sourcing Team with important analytics to underpin the delivery of sourcing projects across the institute such as interrogation of spend and contract data, baselining of spend, production of spend and savings reports, analysing trends and patterns in supplier pricing and monitoring internal and external KPis to name a few. The role requires experience in business analytics and a good understanding of supporting data, processes and systems for the production of meaningful business insights as well as the identification of opportunities for savings and efficiencies throughout the sourcing cycle.
Deadline for applications has passed.

Key information

Job reference
R1420
Salary
Salary from £43,000 per annum with benefits, subject to skills & experience
Applications closed
04 January 2024, 23:59 GMT
Hours per week
36 (full time)
Posted 05 December 2023

Summary

The position of the Sourcing Business Analyst is to support the objectives of the Sourcing Team within the Crick, including the delivery of strategic sourcing initiatives, cross-functional sourcing projects and an improved supplier relationship management framework with best value and efficiencies in mind.

The role will support the Sourcing Team with important analytics to underpin the delivery of sourcing projects across the institute, such as interrogation of spend and contract data, baselining of spend, production of spend and savings reports, analysing trends and patterns in supplier pricing and monitoring internal KPIs and industry indices to name a few.

The role requires experience in business analytics and a good understanding of supporting data, processes and systems for the production of meaningful business insights as well as the identification of opportunities for savings and efficiencies throughout the sourcing cycle.  

Key Responsibilities

These include but are not limited to:

  • Perform and develop various spend analytics as instructed by Sourcing Managers and the Head of Sourcing
  • Identify and present key insights into organisational spend (annual spend and baselining, trends, top 100 suppliers, tail, Pareto, etc.)
  • Categorise organisational spend into distinct spend categories (Science, Facilities and Infrastructure, ITO, Professional Services, etc.) in support of Category Sourcing Plans
  • Analyse subcategories and provide granular insights (spend breakdown, qualitative/quantitative analysis, etc.)
  • Design and deliver agreed MI dashboards and reporting templates
  • Contribute to the delivery of departmental savings as agreed with Finance including relevant cost reduction (against budget) and cost avoidance targets
  • Track and report savings via agreed savings reporting tool
  • Liaise between Sourcing and Finance to interpret financial data
  • Provide assistance with process reviews and workflow optimisation
  • Support sourcing activities including use of nominated e-sourcing platform and configuration of RF(X)
  • Support the development and embedding of a Supplier Relationship Management framework including supplier governance (e.g. agendas, meeting minutes, SLA and KPI setting and monitoring, etc.)
  • eCatalogue impact assessment and cost mitigation with catalogue suppliers with assistance from Sourcing Managers
  • Assistance with supplier onboarding and other finance processes

Key Experience and Competencies

The post holder should embody and demonstrate our core Crick values: Bold, Open and Collegial, in addition to the following:

Essential:

  • Demonstrable experience in a business analyst role within a Finance, Sourcing/Procurement or other relevant business function
  • Exposure to change processes with a clear understanding of the need for high-quality financial management analysis and reporting
  • Ability to identify business needs and to assist in the development of efficient and effective solutions
  • Good understanding of processes and workflows with an ability to challenge entrenched behaviour and established ways of working
  • Proven teamwork and interpersonal skills, especially in communicating with stakeholders and working with people at all levels in the institute
  • Excellent Microsoft Excel and PowerPoint skills to analyse, model, report and present data
  • Ability to work independently and as part of a team
  • Ability to manage/negotiate with suppliers
  • Ability to work under pressure, and to plan, prioritise and organise work to meet key deadlines
  • Dynamic and supportive; maintains a positive attitude towards colleagues and customers and embraces change
  • Have a flexible, organised and committed approach to their work
  • Good education to minimum ‘A’ level standard or degree level or equivalent

Desirable:

  • Experience of working in a blue-chip company and potential exposure to greenfield/transformation environments
  • Sourcing/Procurement experience and specifically in Strategic Sourcing/Category Management
  • Experience in use of PowerBI, Workday and SharePoint