Procurement Analyst

JOB OVERVIEW

The Procurement Analyst provides analytical expertise for Procurement initiatives, sourcing strategies, savings reporting and other activities requiring analytics support. This role is responsible for developing, supporting and reporting key Procurement performance indicators as well as supporting the development and execution of sourcing strategies, RFPs, projects and initiatives. Additionally, this position may be assigned selected overhead spend categories for strategic sourcing and contracting.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

KEY RESPONSIBILITIES - ESSENTIAL FUNCTIONS

• Provide analytical support for Procurement’s major commodity and procurement initiatives, special projects, strategic opportunities, and savings validation to the business.
• Provide detailed spend data analysis by category, subcategory, vendor, part / service, client, etc.
• Compile monthly, quarterly and annual reporting requirements for Company Global Procurement.
• Develop Total Cost Opportunity (TCO) modeling & analytics to aid in RFP bid evaluation and contract negotiations.
• Assist in implementing specific strategic sourcing strategies for various spend categories.
• Request for Proposal (RFP) support including Data collection, RFP drafting, distribution and collection from suppliers, analysis related to supplier qualification process.
• In conjunction with Sr. Procurement Specialists, develop and maintain monthly forecasts (volume, rebates) on all key categories.
• Assist in developing Savings / Benefits reporting, Spend under management reporting etc.
• Maintain a solid understanding of the overall business and operational needs.
• Manage Procurement activities for select overhead commodities to include, RFP’s, supplier & bid evaluation, supplier selection, negotiation, and relationship management.
• Other Duties
• Manage departmental documentation requirements including contracts, strategy documentation, electronic document filing, and audit requirements, as assigned.
• Support the department’s Supplier Relationship Management (SRM) activities.
• Other duties and responsibilities as assigned.
• Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

LEADERSHIP RESPONSIBILITIES

COMPETENCIES - SKILLS

EDUCATION AND EXPERIENCE