Sourcing and Data Analyst

Mediq UK
Derby
1 month ago
Applications closed

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We are recruiting for a Sourcing & Data Analyst to join our Sourcing team based at our HQ in Castle Donington. The Sourcing & Data Analyst is responsible for delivering robust data insights and financial alignment to optimize sourcing performance. This role will analyse savings, tenders, supplier compliance, and budgeting while continuously improving tools and processes.


Salary – £45,000.


Responsibilities
Savings & Financial Alignment

  • Track, analyse, and validate monthly savings performance.
  • Align savings reporting with Group and Local Finance for accuracy and consistency.
  • Review savings numbers with Sourcing Leads per category and Supplier.
  • Conduct detailed analysis of RFQs and tender outcomes.
  • Calculate baselines and realized savings for tenders.
  • Provide data-driven insights to support sourcing decisions.

Sourcing Performance

  • Monitor and report sourcing performance (margin improvement).
  • Deliver monthly ITM/YTD/FYO estimations and Forecast submissions.
  • Support Cross Boarder Trading performance reporting and monthly global/local Finance alignment.
  • Prepare the UKI Monthly Performance Review (MPR) deck.
  • Track and report volume bonuses; align with Supply Chain & Finance on additional purchases.
  • Monitor and report conditionals (non-volume bonuses), including accrual planning.
  • Handle credit notes and recommend corrective actions.

Payment Terms

  • Monitor and report payment terms (GEP/SAP delta analysis).
  • Identify actions to ensure alignment and improvement.

Negotiation & Integration Support

  • Conduct data mining and preparation to support negotiations.
  • Perform impact calculations across 300+ active suppliers in UKI.
  • Develop tools to manage and report negotiation outcomes.
  • Support pricing analysis and integration activities during M&A (e.g., C&P in 2025).

Sourcing Process & Data Management

  • Manage pricing records and resolve invoice price deviations.
  • Calculate and monitor ship through agreements with suppliers to safeguard margins.
  • Develop and share supplier data reports for transparency.

Tools & Process Improvement

  • Develop, improve and optimize analytical tools, dashboards, and templates.
  • Standardize reporting methods to improve efficiency.
  • Manage sourcing tools (e.g., GEP): user support, contract setup, reporting.
  • Create and maintain Cognos reports (standardized, scheduled, and customised).
  • Lead process automation and tool creation for sourcing tasks.
  • Manage SharePoint (access rights, folder structures, audit readiness).
  • Track supplier performance against KPIs (e.g., minimum purchase obligations).
  • Ensure compliance with financial and contractual requirements.

Budgeting & Cost Analysis

  • Provide accurate spend and savings data for budget planning.
  • Perform cost analyses using historical trends and benchmarks to support negotiations.

Qualifications

We are seeking an individual with keen eye for detail and have proven experience with sourcing systems (GEP) and ERP platforms (SAP).



  • Strong data analysis and financial modelling skills.
  • Advanced Excel; proficiency with reporting tools (Cognos, Power BI) and databases.
  • Experience with ERP (SAP / IFS) and sourcing platforms (GEP).
  • Knowledge of procurement and supplier management processes.
  • High attention to accuracy, detail, and process discipline.
  • Bachelor’s degree in Business, Finance, Data Analytics, Supply Chain, or related field.
  • 3–5 years of experience in procurement, sourcing, or data analysis.
  • Strong track record in savings analysis, tender evaluation, and supplier performance tracking.
  • Exposure to M&A integration is a plus.

Benefits

  • 4x life assurance
  • Salary Sacrifice Electric Car Scheme
  • Community Investment days
  • Carers passport scheme and matched leave
  • Cycle to work scheme
  • Employee Assistance programme

This is an exciting opportunity to join a global organisation with a meaningful purpose – delivering products and solutions that make a real difference in healthcare every day.


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