Sourcing and Data Analyst

Mediq UK
Derby
4 days ago
Create job alert

Join to apply for the Sourcing and Data Analyst role at Mediq UK.


We are recruiting for a Sourcing & Data Analyst to join our Sourcing team based at our HQ in Castle Donington. The Sourcing & Data Analyst is responsible for delivering robust data insights and financial alignment to optimize sourcing performance. This role will analyse savings, tenders, supplier compliance, and budgeting while continuously improving tools and processes.


Salary – £45,000.


Responsibilities
Savings & Financial Alignment

  • Track, analyse, and validate monthly savings performance.
  • Align savings reporting with Group and Local Finance for accuracy and consistency.
  • Review savings numbers with Sourcing Leads per category and Supplier.
  • Conduct detailed analysis of RFQs and tender outcomes.
  • Calculate baselines and realized savings for tenders.
  • Provide data-driven insights to support sourcing decisions.

Sourcing Performance

  • Monitor and report sourcing performance (margin improvement).
  • Deliver monthly ITM/YTD/FYO estimations and Forecast submissions.
  • Support Cross Boarder Trading performance reporting and monthly global/local Finance alignment.
  • Prepare the UKI Monthly Performance Review (MPR) deck.
  • Track and report volume bonuses; align with Supply Chain & Finance on additional purchases.
  • Monitor and report conditionals (non-volume bonuses), including accrual planning.
  • Handle credit notes and recommend corrective actions.

Payment Terms

  • Monitor and report payment terms (GEP/SAP delta analysis).
  • Identify actions to ensure alignment and improvement.

Negotiation & Integration Support

  • Conduct data mining and preparation to support negotiations.
  • Perform impact calculations across 300+ active suppliers in UKI.
  • Develop tools to manage and report negotiation outcomes.
  • Support pricing analysis and integration activities during M&A (e.g., C&P in 2025).

Sourcing Process & Data Management

  • Manage pricing records and resolve invoice price deviations.
  • Calculate and monitor ship through agreements with suppliers to safeguard margins.
  • Develop and share supplier data reports for transparency.

Tools & Process Improvement

  • Develop, improve and optimize analytical tools, dashboards, and templates.
  • Standardize reporting methods to improve efficiency.
  • Manage sourcing tools (e.g., GEP): user support, contract setup, reporting.
  • Create and maintain Cognos reports (standardized, scheduled, and customised).
  • Lead process automation and tool creation for sourcing tasks.
  • Manage SharePoint (access rights, folder structures, audit readiness).
  • Track supplier performance against KPIs (e.g., minimum purchase obligations).
  • Ensure compliance with financial and contractual requirements.

Budgeting & Cost Analysis

  • Provide accurate spend and savings data for budget planning.
  • Perform cost analyses using historical trends and benchmarks to support negotiations.

Qualifications

We are seeking an individual with keen eye for detail and have proven experience with sourcing systems (GEP) and ERP platforms (SAP).



  • Strong data analysis and financial modelling skills.
  • Advanced Excel; proficiency with reporting tools (Cognos, Power BI) and databases.
  • Experience with ERP (SAP / IFS) and sourcing platforms (GEP).
  • Knowledge of procurement and supplier management processes.
  • High attention to accuracy, detail, and process discipline.
  • Bachelor’s degree in Business, Finance, Data Analytics, Supply Chain, or related field.
  • 3–5 years of experience in procurement, sourcing, or data analysis.
  • Strong track record in savings analysis, tender evaluation, and supplier performance tracking.
  • Exposure to M&A integration is a plus.

Benefits

  • 4x life assurance
  • Salary Sacrifice Electric Car Scheme
  • Community Investment days
  • Carers passport scheme and matched leave
  • Cycle to work scheme
  • Employee Assistance programme

This is an exciting opportunity to join a global organisation with a meaningful purpose – delivering products and solutions that make a real difference in healthcare every day.


#J-18808-Ljbffr

Related Jobs

View all jobs

Data Analyst)

Senior Data Analyst- Data Extraction

Remote Data Analyst - Map Content & Research (Part-Time)

Data Analyst

Procurement Senior Data Analyst (Supervisor)

Data Engineer

Subscribe to Future Tech Insights for the latest jobs & insights, direct to your inbox.

By subscribing, you agree to our privacy policy and terms of service.

Industry Insights

Discover insightful articles, industry insights, expert tips, and curated resources.

Machine Learning Jobs for Career Switchers in Their 30s, 40s & 50s (UK Reality Check)

Are you considering a career change into machine learning in your 30s, 40s or 50s? You’re not alone. In the UK, organisations across industries such as finance, healthcare, retail, government & technology are investing in machine learning to improve decisions, automate processes & unlock new insights. But with all the hype, it can be hard to tell which roles are real job opportunities and which are just buzzwords. This article gives you a practical, UK-focused reality check: which machine learning roles truly exist, what skills employers really hire for, how long retraining realistically takes, how to position your experience and whether age matters in your favour or not. Whether you come from analytics, engineering, operations, research, compliance or business strategy, there is a credible route into machine learning if you approach it strategically.

How to Write a Machine Learning Job Ad That Attracts the Right People

Machine learning now sits at the heart of many UK organisations, powering everything from recommendation engines and fraud detection to forecasting, automation and decision support. As adoption grows, so does demand for skilled machine learning professionals. Yet many employers struggle to attract the right candidates. Machine learning job adverts often generate high volumes of applications, but few applicants have the blend of modelling skill, engineering awareness and real-world experience the role actually requires. Meanwhile, strong machine learning engineers and scientists quietly avoid adverts that feel vague, inflated or confused. In most cases, the issue is not the talent market — it is the job advert itself. Machine learning professionals are analytical, technically rigorous and highly selective. A poorly written job ad signals unclear expectations and low ML maturity. A well-written one signals credibility, focus and a serious approach to applied machine learning. This guide explains how to write a machine learning job ad that attracts the right people, improves applicant quality and strengthens your employer brand.

Maths for Machine Learning Jobs: The Only Topics You Actually Need (& How to Learn Them)

Machine learning job adverts in the UK love vague phrases like “strong maths” or “solid fundamentals”. That can make the whole field feel gatekept especially if you are a career changer or a student who has not touched maths since A level. Here is the practical truth. For most roles on MachineLearningJobs.co.uk such as Machine Learning Engineer, Applied Scientist, Data Scientist, NLP Engineer, Computer Vision Engineer or MLOps Engineer with modelling responsibilities the maths you actually use is concentrated in four areas: Linear algebra essentials (vectors, matrices, projections, PCA intuition) Probability & statistics (uncertainty, metrics, sampling, base rates) Calculus essentials (derivatives, chain rule, gradients, backprop intuition) Basic optimisation (loss functions, gradient descent, regularisation, tuning) If you can do those four things well you can build models, debug training, evaluate properly, explain trade-offs & sound credible in interviews. This guide gives you a clear scope plus a six-week learning plan, portfolio projects & resources so you can learn with momentum rather than drowning in theory.