Sourcing Analyst

SOURCING ANALYST JOB DESCRIPTION:

The Strategic Sourcing Analyst will play a critical role in supporting Fanatics' sourcing and procurement functions. Analyze supplier performance, cost structures, and market trends to drive efficiency, cost savings, and quality improvements across apparel and merchandise sourcing. The role requires strong analytical capabilities, supplier negotiations, and cross-functional collaboration, ensuring alignment between internal teams and external vendors to optimize product quality and cost-effectiveness.

GENERAL DUTIES & RESPONSIBILITIES

Garment Level:
•    Cross-functional alignment with the Tampa Sourcing Team on the Seasonal Vendor Allocation.
•    Communicate seasonal allocation and forecasts to Vendors and the PCC Planning Team.
•    Maintain the Source Base Matrix, Costing & Source Plan Trackers (Apparel), and Master Price List (Jerseys).
•    Work with PCC Planning Team on Vendor capacities and performance to align with allocation.
•    Support the execution and all aspects of the Source Base Strategy by analyzing volume trends and source base directions.
•    Support the execution and follow up for all aspects of the costing process, inclusive of cost negotiations with Vendors to achieve margin targets, communication of costs and margin reporting to cross-functional teams, and timely and accurate cost sheet completion in adherence with the development calendar.
•    Analyze possibilities for cost reductions by working closely with PCC Costing Engineer, Tampa Strategic Sourcing, Product Development, and Design teams in terms of embellishment/print techniques and construction.
•    Monitor MOQ upcharges based on Fanatics' MOQ Agreement.
•    Negotiate VAS cost and update VAS Cost Matrix.
•    Seasonal Margin erosion analysis
•    Price confirmation for Buys received by Vendors, inclusive of FOB, Blended, VAS, MOQ upcharges, etc.
•    Responsible for planning and executing Proto & Cost Review Meetings with Vendors, in coordination with the Tampa Sourcing, Product Development, and Merchandising teams. Travel required.
•    Understand and work collaboratively with the Sustainability Team on Supply Base compliance and sustainability initiatives.
•    Cross-functional alignment with the Product Integrity Team on Suppliers' QA reports and metrics.
•    Work collaboratively with the Sourcing Operations Team on the reporting of the Supply Base key performance metrics and market conditions.
•    Liability management
•    Accountable for Calendar Milestone adherence
•    Accountable for SMS on-time performance. Provide Vendor Material preposition
•    Perform any other ad hoc duties as assigned.

Material Level:
•    Work with the Materials team and suppliers for material consolidation to simplify procurement and minimize MOQ charge.
•    Analyze possibilities for cost reduction by working closely with Material teams.
•    Seek Material novelty and optimal cost.

REQUIREMENTS:
•    Minimum 5 years related working experience in industrial or Manufacturing environment, preferably in business/cost lead position.
•    Degree or higher qualification in supply chain and manufacturing (Industrial Engineer or Business Administration Degree- preferred)
•    Practical knowledge of a variety of computer software applications in word processing, spreadsheets, database, and presentation software (MS Word, PowerPoint, Outlook, Airtable). Advanced Excel knowledge
•    Ability to work cross-functionally with team members in Product Development/ Tech Design/ Materials
•    Excellent communication and presentation skills
•    Ability or previous experience working autonomously.
•    Decision-making, negotiation, analytical, and problem-solving skills. 
•    Strong command of written and spoken English and Spanish is required.
•    Travel required. (10% - 15%)
•    Time Management & prioritization skills