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Senior Procurement Sourcing Analyst – HR Services

Overview

Who we are

Collaborative. Respectful. A place to dream and do. These are just a few words that describe what life is like at Toyota. As one of the world’s most admired brands, Toyota is growing and leading the future of mobility through innovative, high-quality solutions designed to enhance lives and delight those we serve. We’re looking for talented team members who want to Dream. Do. Grow. with us.

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

To save time applying, Toyota does not offer sponsorship of job applicants for employment-based visas or any other work authorization for this position at this time. 

An important part of the Toyota family is Toyota Financial Services (TFS), the finance and insurance brand for Toyota and Lexus in North America. While TFS is a separate business entity, it is an essential part of this world-changing company- delivering on Toyota's vision to move people beyond what's possible. At TFS, you will help create best-in-class customer experience in an innovative, collaborative environment.

Who we’re looking for 

Toyota’s Indirect Procurement Department is looking for a passionate and highly-motivated Senior Procurement Sourcing Analyst.

  

The primary responsibility of this role will support the Indirect Procurement department's objective to implement procurement strategies to reduce cost and mitigate risk for the business.

Reporting to the Indirect Procurement Manager for Professional Services, the person in this role will lead creation and execution of category procurement strategies for Human Resources. Responsible sourcing commodities are Benefits, Onsite Clincs/Pharmacy, Corporate Training, Relocation and Talent Acquisition.

What you’ll be doing  

  • Develop and implement multi-year sourcing strategies for responsible spend categories.

  • Effectively design and manage all sourcing activities including RFPs and RFQs.

  • Support the development and execution of contractual documents including Non-Disclosure, Master Service Agreements, Statements of Work and other agreements as necessary to support Procurement and business needs.

  • Build and maintain close relationships with business units and supplier partners to deliver comprehensive and cross-enterprise process improvement solutions.

  • Communicate and educate business units and suppliers on current procurement policies and procedures.

  • Develop strategies for cost reduction and lead negotiations of all fees, rates, subsidies and any other cost associated with the above commodities.

  • Manage req to PO process for the above commodities

 

What you bring

  • Bachelor's degree with emphasis in Business Administration, Supply Chain or similar

  • Proven, progressive procurement experience

  • Demonstrated experience creating procurement strategic activities

  • Demonstrated collaboration, communication (written and verbal) and influencing skills

  • Demonstrated negotiation experience

  • Strong knowledge of contract process

Added bonus if you have

  • Familiarity with SAP Ariba

  • Automotive industry experience

  • Ability to manage multiple tasks of varying complexities and successfully set priorities for meeting time-bound deliverables

  • Demonstrated experience creating procurement strategic activities

  • Exceptional analytic, organization, presentation and interpersonal skills with applied solid judgement and strategic thinking

What we’ll bring

During your interview process, our team can fill you in on all the details of our industry-leading benefits and career development opportunities. A few highlights include: 

  • A work environment built on teamwork, flexibility, and respect

  • Professional growth and development programs to help advance your career, as well as tuition reimbursement

  • Team Member Vehicle Purchase Discount

  • Toyota Team Member Lease Vehicle Program (if applicable)

  • Comprehensive health care and wellness plans for your entire family

  • Flexible work options based on business needs

  • Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute

  • Paid holidays and paid time off

  • Referral services related to prenatal services, adoption, childcare, schools and more

  • Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)

  • Relocation assistance (if applicable)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members’ efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to talent.acquisition@toyota.com.

Average salary estimate

$95000 / YEARLY (est.)
min
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$80000K
$110000K

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What You Should Know About Senior Procurement Sourcing Analyst – HR Services, Toyota

Join Toyota Financial Services in Plano, Texas, as a Senior Procurement Sourcing Analyst and be part of a dynamic team shaping the future of mobility. In this exciting role, you'll leverage your procurement expertise to enhance our Indirect Procurement department's mission by implementing innovative solutions in HR Services. Your responsibilities will include crafting comprehensive sourcing strategies that focus on key areas such as Benefits, Onsite Clinics/Pharmacy, Corporate Training, Relocation, and Talent Acquisition. You will oversee the entire sourcing process, including managing requests for proposals (RFPs) and requests for quotes (RFQs), while ensuring that contractual documents like Non-Disclosure Agreements and Master Service Agreements align with our business needs. Collaborating with internal business units and external suppliers is crucial, as you'll communicate procurement policies and strategies aimed at cost reduction and risk mitigation. We're eager to find someone with experience in negotiations and a solid grasp of the contract process who can manage multiple tasks while prioritizing effectively. If you have a Bachelor's degree in Business Administration or a related field, paired with a proven track record in procurement, this might be the perfect opportunity for you. At Toyota, we believe in fostering a supportive environment where team members can thrive and grow together. Let’s dream, do, and grow with a company that values respect, teamwork, and innovation.

Frequently Asked Questions (FAQs) for Senior Procurement Sourcing Analyst – HR Services Role at Toyota
What are the key responsibilities of a Senior Procurement Sourcing Analyst at Toyota?

As a Senior Procurement Sourcing Analyst at Toyota Financial Services, your primary responsibilities involve developing and implementing sourcing strategies for various HR services. This includes managing the sourcing process for Benefits, Onsite Clinics, Training, and more. You will design RFPs and RFQs while ensuring that contractual documents meet the procurement needs and business objectives effectively.

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What qualifications do I need to become a Senior Procurement Sourcing Analyst at Toyota?

To qualify for the Senior Procurement Sourcing Analyst position at Toyota Financial Services, you should possess a Bachelor's degree in Business Administration or a related field. You should have proven procurement experience coupled with strong negotiation skills and a comprehensive understanding of contract processes. Familiarity with SAP Ariba and the automotive industry would be advantageous.

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What skills are essential for the Senior Procurement Sourcing Analyst role at Toyota?

Essential skills for the Senior Procurement Sourcing Analyst role at Toyota include excellent communication, collaboration, and influencing abilities. You should also have strong analytical and organizational skills, as well as the capacity to manage multiple, complex tasks. Effective negotiation and strategic thinking skills will greatly enhance your impact in this role.

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How does Toyota Financial Services support the career growth of a Senior Procurement Sourcing Analyst?

At Toyota Financial Services, professional growth and career advancement are highly prioritized. As a Senior Procurement Sourcing Analyst, you'll have access to specialized development programs and tuition reimbursement initiatives designed to help you enhance your skills and advance in your career within the innovative and supportive environment we offer.

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What is the work culture like for a Senior Procurement Sourcing Analyst at Toyota?

The work culture for a Senior Procurement Sourcing Analyst at Toyota Financial Services is collaborative, respectful, and values innovation. You will be part of a dynamic team that fosters teamwork and encourages a diverse range of perspectives. This inclusive atmosphere aids in personal and professional growth, providing you with the opportunity to thrive within the organization.

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Common Interview Questions for Senior Procurement Sourcing Analyst – HR Services
Can you describe your experience with procurement sourcing strategies?

When answering this question, focus on specific examples of sourcing strategies you have developed in previous roles. Highlight how these strategies led to cost reductions or improved supplier relationships, demonstrating your innovative approach and outcome-oriented mindset.

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How do you handle negotiations with suppliers?

Discuss your negotiation style and provide an example of a successful negotiation you managed. Emphasize your ability to understand supplier perspectives while achieving desired outcomes for your organization, showcasing your communication and relationship-building skills.

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What steps do you take when managing RFPs and RFQs?

Explain the structured process you follow when managing RFPs and RFQs. This may include defining requirements, crafting clear questions, setting evaluation criteria, and ensuring compliance with internal procurement policies. Highlight your attention to detail and strategic mindset.

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How do you ensure compliance with procurement policies?

To answer this question, speak about your method for staying informed about procurement policies and how you communicate these to stakeholders and suppliers. Provide an example of how you've managed to ensure compliance effectively in a previous project.

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Can you describe a time you successfully reduced costs through procurement strategies?

Share a specific example where you implemented a procurement strategy that led to significant cost savings. Be sure to detail the approach you took, the challenges you faced, and the positive results you achieved to highlight your impact.

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Describe how you build relationships with suppliers.

Discuss your strategies for establishing and maintaining positive relationships with suppliers, such as regular communication, transparency, and understanding their business objectives. Illustrate your commitment to collaboration with a real-world example.

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What tools and technologies do you use in procurement?

Mention any tools like SAP Ariba that you've used in previous roles. If you have experience with other procurement technologies, discuss how you integrated them into your processes and the benefits they provided, showcasing your tech-savviness.

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How do you prioritize your workload in a fast-paced environment?

Explain your approach to prioritization, such as assessing deadlines, stakeholder impacts, and project complexities. Share a specific instance when your organizational skills helped you manage competing priorities effectively.

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What do you believe is the most important quality for a Senior Procurement Sourcing Analyst?

Highlight the qualities you think are crucial, such as strong analytical abilities, excellent negotiation skills, or effective communication. Back up your opinion with reasons, and relate a personal experience that demonstrates this quality.

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Why do you want to work for Toyota Financial Services?

Your answer should reflect your admiration for Toyota's culture and commitment to innovation and quality. Speak about how these values resonate with your professional goals and aspirations, and how you envision contributing to the company's mission.

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DATE POSTED
April 6, 2025

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