Procurement Analyst

Job Summary:

Collects information, inputs, data from various sources and conducts analysis/simulations to support or report sourcing work. Analyzes sourcing information and presents findings for process improvement and cost reduction while maintaining high quality product and/or service delivery. Supports sourcing processs and or may source assigned items and executes buying strategies in accordance with agreed sourcing strategy at the optimum cost. Supports and or leads some "special" projects within the team category scope. Super User/Subject Matter Experts (SME) for systems and tools to support the team

 

Key Responsibilities:

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes sourcing and procurement initiatives and processes in support of the delivery of cost effective and high quality goods and services. Supports providing the Value Capture Summaries at month and quarter ends. Prepares and presents recommendations of improvement opportunities and alternative courses of action to senior procurement/sourcing leaders. Consistently applies sourcing policies, procedures and processes. Supports procurement/sourcing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building. Conducts minor contract negotiations. Gathers information and provides input on larger contracts. Manages loading and retrieving of legal and compliance documents into applicable storage systems to support regulatory, audit and research activities. Assists in the process of interviewing and evaluating sales representatives and vendors. Supports Six Sigma projects through active team membership or provision of data and market intelligence. Interacts with suppliers with regard to payments and order fulfillment. Procures services and goods, inventory, supplies, and capital goods (CIP) Compiling and managing Ariba IAC's (Invoice against Contracts) - (CIP) Low complexity /risk sourcing work and contract development under supervision