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Sourcing Analyst

About Us

Ameren is a leader in the energy industry, and our transformation toward more clean, renewable energy is also  transforming other industries and infrastructure in our communities.  As a regional company serving local customers, we not only serve our communities, we're a part of them. This isn't just a job. At Ameren, we invest in you, so you can power the quality of life you want.

Diversity, Equity & Inclusion is one of the core values that guides us in everything we do. We are committed to building a skilled and diverse workforce that brings diverse perspectives to every area of our business.

Our benefits include:

  • Medical coverage on date of hire

  • 100% employer paid cash balance pension plan

  • 401(k) with company match fully vested on date of hire

  • Minimum of 15 days paid vacation and 12 paid holidays

  • Paid parental leave and family caregiver leave

Visit our Benefits & Perks Page for more information on benefits provided to regular full-time employees. ​

About Ameren Services (B&CS)

Ameren Services provides administrative support and services to Ameren Corporation and its operating companies, subsidiaries and affiliates. Ameren Services includes a wide range of skill sets and roles, from finance and legal experts to digital and cyber specialists, plus those charged with ensuring environmental compliance and operational safety. Together, we help execute a strategy that enables Ameren to deliver superior long-term value to customers, shareholders and the environment.

The Sourcing Analyst provides excellent support to Category Management and operational procurement by analyzing spend and contract data in Supply Chain (SC) systems. The Analyst participates in strategic and operational procurement processes as directed. The Analyst prepares historical and projected demand and unit price analyses and reports. The Analyst supports SC projects designed to make recommendations and analyzes post-project results to determine if desired changes were achieved. The Analyst understands planning, forecasting, replenishment, inventory, demand/supply balancing, fulfillment, transportation, and warehousing practices. The Sourcing Analyst should have skills and expertise in the following areas:

  • Data analysis using standard systems and tools

  • Report creation

  • Communication and interpersonal skills

  • Accuracy and thoroughness

  • Procurement practices

  • Materials management practices

  • Continuous improvement

  • Customer service

Key responsibilities include:

Data Analysis: Use standard data analysis tools, concepts, and standard systems (e.g., ORACLE) to conduct analysis and prepare reports. Develop and utilize various models. Conduct spend, market, and supplier research and analysis to support sourcing strategy development. Perform analysis of demand, purchasing, pricing and inventory to support decision making in planning, forecasting, replenishment, and inventory levels. Perform analysis activities for bid evaluations and negotiations. Provide contract and performance analysis for category strategies and ongoing contract/supplier performance monitoring. Build and maintain reports to streamline analysis. Communicate findings and recommendations to SC and Business Partners in non-technical language. Communicate and support enterprise standards for procurement policies, processes, and procedures.

RFI/RFQ Support: Work with cross functional teams in the development, review and issue of RFIs and RFQs, analyze proposals, negotiate and structure contracts, and create purchase orders. Structure RFQs and unbundle proposal costs in order to understand total cost of ownership (TCO). Coordinate development of material, equipment, and service specifications to be included in procurement/sourcing RFQs.

Collaboration with Supply Chain and Business Partners: Work collaboratively with Category Management, operational procurement, and Business Partners to design and execute required analysis and reports. Collaborate with Business Partners and SC to clarify questions and improve analysis while maintaining high Business Partner satisfaction. Help identify and implement leading practices for SC analysis.

Continuous Improvement: Support the framework, metrics, and goals for continuous improvement of Sourcing. Employ and help identify additional leading practices to achieve process excellence and stay current with industry innovations. Support communication of initiatives and improvements to Business Partners as appropriate.

Qualifications

The Sourcing Analyst must possess the following qualifications and experience to perform at a fully satisfactory level in this position: 

 

Technical Expertise 

Leadership Characteristics 

Work Experience 

Typical Technical Expertise  

  • Bachelor‘s degree required; preferably in Engineering, Business, Accounting, Finance, Supply Chain, Digital, or other related field 

  • Excellent analytical, problem-solving and time-management skills 

  • Familiarity with ORACLE 

  • Proficient with MS Office suite 

Typical Leadership Characteristics  

  • Strong customer-oriented mindset 

  • Strong communication skills (oral and written)  

  • Ability to be persuasive and build credibility internally and externally 

 Typical Work Experience

  • One or more year of directly relevant work experience preferred, including experience on cross-functional teams 

  • May consider recent graduate 

  • Some customer service experience preferred 

In addition to the above qualifications, the successful candidate will demonstrate:

Strong business acumen and communication skills with the ability to make sound judgments. Proven analytic, financial and operational skills. Strong self-starter with the ability to prioritize and deliver on deadlines in a fast paced environment. Effective team player with the ability to work with all levels of internal and external stakeholders. Excellent communication, business writing and presentation skills. Proficiency with Microsoft Office suite (Power Point, Excel, Word, etc.)

Additional Information

Ameren’s selection process includes a series of interviews and may include a leadership assessment process.  Specific details will be provided to qualified candidates.

Compensation Range:

$58,300.00 - $90,400.00

At Ameren, base salary is one component of a competitive compensation package for employees. Our pay ranges are broad to allow for movement within our organization and to accommodate different skill sets and levels of expertise. We take into consideration a variety of factors including, but not limited to, skills, abilities, experience, education, credentials, and internal equity when determining the base salary offered. Roles are eligible for additional rewards including annual incentive payments based on individual and company performance.

If end date is listed, the posting will come down at 12:00 am on that date:

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, ethnicity, age, disability, genetic information, military service or status, pregnancy, marital status, sexual orientation, gender identity or expression, or any other class, trait, or status protected by law.

Average salary estimate

$74350 / YEARLY (est.)
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$58300K
$90400K

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What You Should Know About Sourcing Analyst, Ameren

At Ameren, we’re more than just a utility company; we’re your community partner in powering a sustainable future. As a Sourcing Analyst, you will play a vital role in our commitment to deliver superior value to our customers while embracing the shift toward cleaner, renewable energy. You’ll be diving deep into spend and contract data, supporting our Category Management and operational procurement efforts. Your analytical skills will shine as you prepare in-depth demand and pricing analyses, helping guide our major purchasing decisions. Collaborating with cross-functional teams, you'll help structure RFQs and analyze proposals, ensuring we maximize value and achieve the best total cost of ownership. You won't just crunch numbers; you’ll communicate your findings in a way that resonates with a diverse audience, turning complex data into actionable insights. Your ability to foster strong stakeholder relationships will be crucial, as you work closely with colleagues to clarify questions and enhance analysis. With a focus on continuous improvement, you're encouraged to bring leading practices to the table, ensuring we stay ahead in the industry. Join us at Ameren, where your contributions will help shape not only our projects but the future of energy in our communities. We invest in you so you can thrive, with comprehensive benefits, a supportive work environment, and opportunities for professional growth. Let’s power the good together!

Frequently Asked Questions (FAQs) for Sourcing Analyst Role at Ameren
What are the primary responsibilities of a Sourcing Analyst at Ameren?

As a Sourcing Analyst at Ameren, your primary responsibilities will include conducting data analysis using systems like ORACLE to prepare reports, supporting category management with spend and contract data analysis, and assisting in strategic procurement processes. You'll be involved in demand forecasting, purchasing pricing analysis, and conducting RFI/RFQ support to negotiate contracts effectively.

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What qualifications are needed for the Sourcing Analyst position at Ameren?

To succeed as a Sourcing Analyst at Ameren, candidates should possess a Bachelor’s degree in fields such as Engineering, Business, Accounting, or Supply Chain. Having one or more years of relevant work experience is preferred, alongside strong analytical skills, familiarity with ORACLE, and proficiency in Microsoft Office Suite. Effective communication and customer service skills are also crucial.

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What tools and software will a Sourcing Analyst at Ameren need to be proficient in?

A Sourcing Analyst at Ameren should be proficient in data analysis tools and standard systems, particularly ORACLE for spend analysis. Familiarity with report creation and the entire Microsoft Office Suite, especially Excel for data manipulation and reporting, is essential for this role.

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What is the work environment like for a Sourcing Analyst at Ameren?

The work environment for a Sourcing Analyst at Ameren is collaborative and dynamic, where teamwork is key. You will interact with various cross-functional teams and business partners, requiring an adaptable mindset. Ameren values diversity, equity, and inclusion, fostering a supportive atmosphere that empowers employees to contribute to meaningful projects together.

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How does the role of Sourcing Analyst at Ameren contribute to the company's sustainability goals?

The Sourcing Analyst role at Ameren is pivotal in supporting our sustainability goals by conducting thorough analyses to improve procurement strategies, ensuring the efficient acquisition of materials and services while minimizing costs and maximizing value. Your insights will directly influence the decision-making process, supporting our efforts toward a cleaner, renewable energy future.

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Common Interview Questions for Sourcing Analyst
How do you approach data analysis in sourcing and procurement?

When approaching data analysis in sourcing and procurement, I start by clearly defining the objectives and the data needed to achieve them. I utilize analytical tools to extract meaningful insights, focusing on trends in spending and supplier performance. I ensure that my findings are presented clearly to stakeholders so that they can make informed decisions.

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What strategies would you use to negotiate contracts effectively?

To negotiate contracts effectively, I focus on understanding the total cost of ownership (TCO) and customer needs. I prepare by researching market trends and supplier capabilities, bringing in data to back up my proposals. Building rapport with suppliers and maintaining a collaborative approach also greatly aids in achieving win-win outcomes.

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Can you explain your experience with Oracle or similar data analysis tools?

I have experience using Oracle for data analysis, which I use to manage and manipulate large datasets efficiently. I can generate insightful reports that assist in decision-making. Familiarity with database queries and analytical functions within Oracle has helped me streamline processes and improve data visibility.

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What is your experience with collaborative projects?

My experience with collaborative projects includes working with cross-functional teams to achieve sourcing objectives. I prioritize communication and establish clear goals, ensuring everyone is aligned. I find that brainstorming sessions enhance problem-solving and lead to innovative approaches in achieving project outcomes.

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How do you handle tight deadlines and multiple priorities?

I prioritize tasks based on urgency and impact, breaking larger projects into smaller, manageable tasks. Utilizing a project management tool helps me stay organized and monitor progress. I remain flexible to adjust as necessary and communicate proactively to stakeholders about timelines and deliverables.

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Describe a time you provided valuable insights based on your analysis.

In a previous role, I analyzed procurement data that revealed potential savings in our supply chain. By comparing supplier performance and pricing trends, I identified several areas for cost reduction. My insights not only improved budget utilization but also established more favorable supplier relationships.

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What continuous improvement processes have you implemented in the past?

I implemented continuous improvement processes by introducing regular review meetings to analyze supplier performance metrics. Together with my team, we established benchmarks and developed action plans for underperforming areas. This led to increased efficiency and enhanced supplier collaboration.

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What techniques do you use to ensure accuracy in your reports?

To ensure accuracy in my reports, I implement a checklist approach, reviewing data sources and calculations thoroughly. Peer reviews also play a crucial role; I share my drafts for feedback before finalization. Being meticulous at each step significantly reduces errors and enhances the reliability of my findings.

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How do you see the role of Sourcing Analyst evolving with advancements in technology?

As technology advances, I see the role of Sourcing Analyst evolving with greater reliance on data analytics and AI for predictive sourcing strategies. Automation will likely streamline many manual processes, allowing me to focus on strategic decision-making and enhancing supplier relationships. It's essential to stay updated with these trends to leverage them effectively.

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Why do you want to work for Ameren as a Sourcing Analyst?

I want to work for Ameren because of the company’s commitment to sustainability and community engagement. I admire Ameren’s focus on innovation in the energy sector and being a part of a team that values diversity and inclusiveness aligns with my values. I am excited about the opportunity to contribute my analytical skills to such a forward-thinking organization.

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Full-time, on-site
DATE POSTED
April 4, 2025

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