Sr. Analytical Sourcing Advisor

Reposted 6 Hours Ago
Be an Early Applicant
Madison, WI, USA
In-Office
91K-155K Annually
Senior level
Healthtech • Biotech
The Role
The Senior Sourcing Advisor drives data-informed sourcing decisions, collaborating with stakeholders to enhance supplier evaluation and optimize strategies using advanced analytics and AI.
Summary Generated by Built In

Help us change lives

At Exact Sciences, we’re helping change how the world prevents, detects and guides treatment for cancer. We give patients and clinicians the clarity needed to make confident decisions when they matter most. Join our team to find a purpose-driven career, an inclusive culture, and robust benefits to support your life while you’re working to help others.

Position Overview

The Senior Sourcing Advisor is a strategic liaison between Category Managers, internal business stakeholders, and suppliers throughout the sourcing lifecycle. This role serves as the primary point of contact for internal stakeholders in unmanaged categories of spend and is responsible for driving data-informed sourcing decisions. A strong background in sourcing, procurement, category management, finance, or analytics is required. 

This position leverages advanced analytics, AI-driven insights, and data visualization tools (e.g., Tableau) to optimize sourcing strategies, enhance supplier evaluation, and improve decision-making. The Sr. Sourcing Advisor leads sourcing initiatives by translating business requirements into actionable insights, utilizing predictive analytics, and applying advanced sourcing methodologies (RFXs, should-cost modeling, and scenario analysis). The role requires a proactive individual who can independently identify innovative, data-driven solutions that optimize cost, quality, and risk while supporting Exact Sciences’ strategic objectives. 

Essential Duties

Include, but are not limited to, the following:

  • Leverage advanced analytics, AI tools, and data visualization platforms (e.g., Tableau) to generate insights that drive sourcing strategies and decision-making. 
  • Develop and maintain dashboards and reports to monitor supplier performance, spend analytics, savings pipelines, and risk indicators. 
  • Lead (or partner with Category Managers in) the analysis of proposal responses using data modeling, scenario analysis, and AI-assisted insights. 
  • Apply predictive analytics and market intelligence tools to forecast pricing trends, supplier risks, and demand variability. 
  • Own and enhance the supply agreement/contracting process by incorporating data-driven insights and benchmarking tools. 
  • Support contract negotiations using fact-based analytics, should-cost models, and total cost of ownership (TCO) frameworks. 
  • Define and execute RFPs/RFQs utilizing digital sourcing tools, automation, and AI-supported evaluation methods. 
  • Mine, cleanse, and analyze large datasets (spend, supplier, market) to identify cost-saving and value-generation opportunities.
  • Collaborate cross-functionally to translate business needs into analytical models and actionable sourcing strategies. 
  • Utilize Tableau or similar tools to present complex data in a clear, compelling manner to stakeholders and leadership. 
  • Identify opportunities to automate manual sourcing and reporting processes through AI and digital tools. 
  • Drive continuous improvement initiatives by embedding analytics and AI into procurement workflows. 
  • Maintain awareness of emerging technologies in procurement analytics, AI, and digital sourcing platforms. 
  • Continue all original responsibilities related to stakeholder communication, supplier engagement, negotiations, and sourcing execution.

Minimum Qualifications

  • Bachelor's Degree in supply chain, finance, or a field related to essential duties.
  • 7+ years of industry experience in sourcing, supply chain, procurement, information technology, finance, operations, or a field related to the essential duties.
  • Demonstrated experience in negotiation with supplier leadership and enterprise level contract management, including a working understanding of contractual terms and conditions and risk mitigation. 
  • Strong proficiency in Microsoft Office programs, such as Word, Excel, PowerPoint, and Outlook.
  • Demonstrated ability to perform the essential duties of the position with or without accommodation.
  • Authorization to work in the United States without sponsorship.

Preferred Qualifications

  • Experience with data visualization tools such as Tableau, Power BI, or similar platforms. 
  • Working knowledge or hands-on experience with AI/ML tools, predictive analytics, or automation technologies in a procurement or supply chain context. 
  • Advanced analytical skills, including experience with data modeling, statistical analysis, or large dataset manipulation (e.g., Excel advanced functions, SQL, Python, or similar tools). 
  • Experience leveraging digital sourcing platforms, eProcurement tools, or AI-enabled procurement solutions. 
  • Familiarity with data governance, data quality management, and analytics best practices. 
  • 2+ years of experience working within Enterprise Resource Planning (ERP) systems, such as SAP. 
  • 3+ years of experience sourcing process execution. 
  • Professional working knowledge with 21 CFR Part 820, ISO 13485, and/or cGMP structured environments
#LI-JB1

Salary Range:

$91,000.00 - $155,000.00

 

The annual base salary shown is for this position located in US - WI - Madison on a full-time basis. In addition, this position is bonus eligible.

Exact Sciences is proud to offer an employee experience that includes paid time off (including days for vacation, holidays, volunteering, and personal time), paid leave for parents and caregivers, a retirement savings plan, wellness support, and health benefits including medical, prescription drug, dental, and vision coverage. Learn more about our benefits.

Our success relies on the experiences and perspectives of a diverse team, and Exact Sciences fosters a culture where all employees can develop personally and professionally with a sense of respect and belonging. If you require an accommodation, please contact us here.

Not ready to apply? Join our Talent Community to stay updated on the latest news and opportunities at Exact Sciences.

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to disability, protected veteran status, and any other status protected by applicable local, state, or federal law.

To view the Right to Work, E-Verify Employer, and Pay Transparency notices and Federal, Federal Contractor, and State employment law posters, visit our compliance hub. The documents summarize important details of the law and provide key points that you have a right to know.

Skills Required

  • Bachelor's Degree in supply chain, finance, or a field related to essential duties.
  • 7+ years of industry experience in sourcing, supply chain, procurement, or related fields.
  • Demonstrated experience in negotiation with supplier leadership and enterprise level contract management.
  • Strong proficiency in Microsoft Office programs, such as Word, Excel, PowerPoint, and Outlook.
  • Authorization to work in the United States without sponsorship.
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The Company
Madison, WI
4,190 Employees

What We Do

Exact Sciences is changing the way we think about detecting and treating cancer. As a leader in cancer testing, we are committed to providing earlier answers and life-changing treatment guidance.

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