McKinsey & Company is a management consulting firm that helps leading corporations and organizations make distinctive, lasting and substantial improvements in their performance.
McKinsey’s Operations Practice is committed to helping our clients achieve world-class operations. Blending strategic thinking with hands-on implementation, we develop and define operational strategies to help our clients around the world solve their most critical problems. We tackle the key operational challenges faced by our clients, particularly in the areas of supply chain management, product development, purchasing & supply management, service operations, manufacturing, and capital productivity.
1. Approximately 60% of the time, the Research Analyst will be involved in client-facing studies and responsible for individual work streams. Responsibilities are, but not limited to, the following:
- Spend analysis - based on best practice tools/approaches to build up a high-level perspective for current client purchasing status and also shows 1~2 categories saving potential
- Client interview/workshop – doing face-to-face interviews for key stakeholders/working team to understand the improvements needs for organization, process, and incentives, etc.
- Category deep analysis – using advance tools like clean sheet to analyze what the product should cost, explore the market dynamics, and based on that, build the concrete storyline for selected category
- Supplier negotiation – applying comprehensive process to guide the client team on strategic and statics planning
- Boot camp training – providing 1-2 weeks on-job training for client team with topics such as sourcing strategy, supplier management, purchasing tools, etc.
2. Approximately 40% of the time will be allocated for knowledge building, which is mainly based on the client-facing work listed above and from some firm internal knowledge-building initiatives
3. Prepare written and visual materials based upon analysis and synthesis, coordinate with the India and North American CoC teams to ensure a unified response and maximum impact for our clients
4. Serve as a thought partner, leveraging internal and external networks, to engage in team problem solving, share evolving business trends and best practices, and contribute to knowledge creation initiatives
5. Occasionally, need to work with sourcing centers on supplier list, cold calls, and market analysis
- Bachelor and/or master’s degree from top universities
- Minimum 5 years of experience in sourcing, supplier development, purchasing, or related field; experience from consultant firms will be a plus
- Excellent communication skills in English and Mandarin (both oral and written)
- Experience in conducting business or academic research
- Comprehensive computer skills including database searching, PowerPoint, word processing, spreadsheet analysis and online research
- Good people skills, team orientation, and professional conduct