Reporting to the Manager of Procurement in the Procurement Department, the purpose of this role is to support sourcing operations through the collection, management, and analysis of data. The role develops insights, which will drive actionable improvement within the Procurement and Contracts Department (PCD). The Procurement Analyst will become a critical member of several Strategic Sourcing teams providing analytical rigor and technical expertise to produce fact-based summary information enabling Procurement & Contracts Manager (PCM) to improve sourcing decisions & category management activities.
Develop sustainable processes through which data is collected, cleansed, managed and analyzed. Report insights to PCM to be used in strategy development and in the execution of sourcing events.
The role will be responsible for the quality of data provided from multiple sources for use in routine and complex problem solving exercises. In completing this work, the position will develop and share techniques/best practices to improve the collection and verification of the data.
Create cost models that will accurately reflect the financial impact (e.g. Cost Savings, Cost Avoidance, ROI, etc.) of a particular sourcing scenario/circumstance.
Procurement Analysts will be called upon to provide analytical support during supplier evaluation and negotiation processes. The position will be expected to handle a significant amount of data, which provide fundamental support to Category Management as PCD develops, executes and manages sourcing strategies.
The role will play a key role in the facilitation of Sourcing Events. Web-based E-Sourcing applications (e.g. people soft and / SAP) will be used to communicate with and to collect critical data from different resources. PCM will rely on the Sourcing Analyst to provide sound E-Sourcing event design and execution recommendations.
The position will be expected to communicate primarily with internal stakeholders but may also have discussions with external suppliers and third parties (e.g., consultants, industry organizations).
Bachelor’s degree in a quantitative or engineering discipline, such as Operations Management, Decision Sciences, Business Analytics, Industrial Engineering, Supply Chain, or Logistics.
At least 1 year of data analytics/management experience and / or at least 3 years of solid experience in a Procurement, Supply Chain, Logistics or Operations role.
Excellent analytical skills and judgement
Strong verbal and written communication skills
Advanced Excel skills
Knowledge of RDBMS (via SQL) concepts
Data Visualization experience.
Familiarity with mathematical optimization and linear programming
Visual Basic for Applications (VBA) programming experience
DRIVE INNOVATION - Generate new or unique solutions and embrace new ideas that help sustain our business (encompassing everything from continuous improvement to new product and package innovation).
COLLABORATE WITH SYSTEM, CUSTOMERS, and OTHER STAKEHOLDERS:
Develop and leverage relationships with stakeholders to appropriately stretch and impact the System.
ACT LIKE AN OWNER: Deliver results; create value for ADU System, vendor / suppliers and key stakeholders.
INSPIRE OTHERS: Inspire people to deliver our mission and 2020 Vision, demonstrate passion for the business and give people a reason to believe anything is possible.
DEVELOP SELF AND OTHERS: Develop self and support others’ development to achieve full potential.
SMART RISK: Makes bold decisions/recommendations.
EXTERNALLY FOCUSED: Understands the upstream and downstream implications of his/her work. Tracks and shares external trends, best practices, or ideas.
PERFORMANCE DRIVEN & ACCOUNTABLE: Has high performance standards. Outperforms her/his peers.
FAST/AGILE: Removes barriers to move faster. Experiments and adapts. Thrives under pressure and fast pace.
EMPOWERED: Brings solutions instead of problems. Challenges the status quo. Has the courage to take an unpopular stance.
Data management, analysis, and results communication.
Enable procurement effectiveness by developing and applying tools and KPIs
Executing Business Results in a Procurement Environment
Synthesize data and identify problems through financial analysis and recommend solutions