Purpose of Job
Deliver sourcing and economic intelligence to support and inform strategic decision-making and commercial performance.
Review, analyse, and consolidate relevant economic data and information. Monitor, understand, and communicate relevant cost and pricing factors involved in defining market movements for Sasol Group's procurement spend environment.
Factor in local, regional, and global ramifications that impact cost of goods and services in models.Create tools that can be leveraged to enhance supplier negotiations results and price confidence.
Subject matter expert on price indices, economic analysis, sourcing intelligence, contract price adjustment and market analysis.
Recruitment Description / Key Accountabilities
- Possess widespread understanding of economic and price indices and their sources.
- Analyse and interpret economic data to provide insights that enable decision making.
- Create and develop customized tools that capture and define relevant cost factors to help in understanding costs of procurement activities and their impact on Sasol’s spend base.
- Develop price index models for commodities and commodity groups to offer insights.
- Use predictive analytics to optimise sourcing decision strategies and supplier negotiations for current and future spending.
- Discover and leverage developed and existing best-in-class tools to build up additional details on commodity pricing intelligence.
- Create and maintain dedicated dashboard for sourcing intelligence.
- Stay abreast of the external economic environment and data costing and technology sources identified.
- Keep a pulse on relevant industry macro and micro economic factors influencing costs.
- Establish processes, create, and deploy a sourcing intelligence framework that support activities focusing on knowledge codification and retention.
- Enable the development, formation, and evolution of attributes for "should costing" methodologies, analysis, and tool creation for commodities of interest.
- Apply evidence-based SHE practices in alignment with set standards for safe operations.
- Implement Sasol Group's risk philosophy and enterprise risk management framework.
- Build and maintain positive relationships with internal and external stakeholders to provide directions on should-costing and develop content that provides appropriate level of information transparency.
- Continuously improve own skills and knowledge. Complete, implement, and track personal development plan to attain personal performance goals.
Formal Education
- University Bachelor's Degree (preferably B.Com Economics or B.Com Finance).
- Postgraduate relevant qualification will be an advantage.
Min Experience
- At least 9 years’ experience working in an economic environment.
- Relevant experience with economic indices.
- Excel, SharePoint and Power BI experience.
Behavioural (BC) |Technical (TC) |Leadership (LC)
- BC_Collaborates
- BC_Optimizes Work Processes
- BC_Business Insight
- TC_Process Monitoring and Control
- TC_Reporting
- TC_Contract Management
- BC_Action Oriented
- TC_Compliance Management
- BC_Ensures Accountability
- TC_Logistics Administration and Analysis
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