Philippines Remote (Global) Employment

Hire Overseas is hiring a Procurement Analyst - Strategic Sourcing & Cost Optimization

About the Role

Hire Overseas is hiring a Procurement Analyst to drive strategic sourcing and cost optimization across multiple categories. In this data-driven role, you will leverage procurement systems and market intelligence to identify savings opportunities and build strong supplier relationships.

What You'll Do

  • Navigate procurement software and ERP systems to search for SKUs and identify vendors.
  • Manage quotes and RFQ processes from initial outreach through final supplier selection.
  • Conduct targeted internet research to identify new suppliers and market opportunities.
  • Analyze procurement data to identify sourcing trends and optimize category strategies.
  • Develop insights that inform strategic sourcing decisions and supplier performance evaluations.
  • Identify and implement cost reduction strategies throughout the entire sourcing process.
  • Apply financial understanding to evaluate supplier proposals and negotiate favorable terms.
  • Monitor spend patterns and implement process improvements to maximize savings.
  • Conduct comprehensive market research for pricing intelligence and competitive analysis.
  • Stay current on market conditions, supplier capabilities, and industry best practices.
  • Execute purchasing processes following established best practices and compliance requirements.
  • Apply supply chain management principles to optimize sourcing workflows and supplier relationships.
  • Make outbound calls to suppliers, negotiate contracts, and resolve sourcing challenges.
  • Build strong supplier relationships that foster trust, collaboration, and long-term partnerships.
  • Communicate effectively with internal stakeholders and cross-functional teams.
  • Manage multiple sourcing projects simultaneously while meeting critical deadlines.
  • Apply creative problem-solving to overcome sourcing challenges and supplier issues.
  • Maintain attention to detail in contracts, data analysis, and procurement documentation.

What We're Looking For

  • 2-4 years of experience in procurement, sourcing, or supply chain management.
  • Experience with procurement software, ERP systems, and advanced internet/vendor searching techniques.
  • Strong data analysis capabilities with ability to identify trends and actionable insights.
  • Basic financial understanding for evaluating supplier proposals and contract terms.
  • Understanding of purchasing processes, supply chain principles, and market research methodologies.
  • Proven ability to make outbound calls, negotiate effectively, and build lasting relationships.
  • Strong problem-solving, time management, attention to detail, and negotiation skills.

Nice to Have

  • Experience with RFQ management, cost optimization projects, or supplier relationship management.

Technical Stack

  • Procurement software
  • ERP systems

Team & Environment

Work with cross-functional teams to execute sourcing strategies.

Benefits & Compensation

  • Competitive salary with performance-based bonuses
  • 15 days of Paid Time Off annually (starting Day 1)
  • Observance of Holidays (based on your location)
  • Remote flexibility – work from anywhere
  • Professional development opportunities in supply chain and procurement
  • Access to industry-leading procurement tools and ERP systems

Work Mode

This is a global remote position, offering flexibility to work from anywhere.

Hire Overseas is an equal opportunity employer.

Required Skills
procurement softwareERP systemsstrategic sourcingcost optimizationsupplier managementdata analysismarket researchcontract negotiationstakeholder managementfinancial modelingprocess improvementproject managementcommunication skills
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About company
Hire Overseas

A mission-driven team focused on helping businesses scale visibility and performance through digital marketing strategies.

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Job Details
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Posted 7 months ago