Analyst, Procurement Job Description
Analyst, Procurement Duties & Responsibilities
To write an effective analyst, procurement job description, begin by listing detailed duties, responsibilities and expectations. We have included analyst, procurement job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyst, Procurement Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Analyst, Procurement
List any licenses or certifications required by the position: DAWIA, DISA, III, II, CPSM, CPM, APICS, FAC-C, CPIM, ISM
Education for Analyst, Procurement
Typically a job would require a certain level of education.
Employers hiring for the analyst, procurement job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Accounting, Economics, Management, Organization and Management, Industrial, Marketing, Law, Education
Skills for Analyst, Procurement
Desired skills for analyst, procurement include:
Desired experience for analyst, procurement includes:
Analyst, Procurement Examples
Analyst, Procurement Job Description
- Drive, monitor and proactively follow-up on the approval of contracts and/or orders
- Assess and validate Fair Market Value calculations for accuracy
- The position will be expected to communicate primarily with internal stakeholders (Company and Bottlers), but will also have discussions with external suppliers and 3rd party (e.g., consultants, industry organizations)
- Execution of contingent worker recruitment utilizing the Beeline VMS tool including interaction with internal hiring managers, coordinators and externally with staffing companies and Beeline
- Work with the external supplier base on resolving various service issues
- Works with Suppliers to resolve Purchase Order issues such as cost, quantity, scheduled deliveries, and assists in solving purchasing discrepancies, such as invoice reconciliation working with Accounts Payable, suppliers and internal organization
- Own scorecard reporting, including Savings and Avoidance, Spend Under Management reporting
- The position will be expected to communicate primarily with internal stakeholders (Group, BU, GSP, and Bottlers), but will also have discussions with external suppliers and 3rd party (e.g., consultants, industry organizations)
- Ensuring appropriate delivery of technology goods and services
- Solicit input from key stakeholders (e.g., bottlers, internal customers, Sr
- Bachelor of business degree or related field is preferred
- Preferred 1-2 years professional experience in buying, expediting, supply chain management or related field
- Knowledge of best practice of key procurement operations technology processes, including contract management and spend analysis
- Exceptional interpersonal and written communication skills, work well in a team environment, able to work in diverse environments and adhere to highest ethical standards
- Ability to review and assess contracts for risk and know when to escalate as needed
- Advanced knowledge of Excel with an emphasis on data analysis practices
Analyst, Procurement Job Description
- Subject matter expert in Global Spend Analytics (GSA) and North America GSA key point of contact for N.A
- Exhibit a broad understanding of functional business processes in the P2P work stream
- Support the Vendor Creation process worldwide
- Manage and execute targeted Vendor Masters process
- Interact with the business and vendors regularly
- Conduct basic reporting for the business
- Interface with IT as needed
- Collaborate with other departments to determine organizational needs by participating in the development of specifications, inventory levels, replenishment cycles and product lead time
- Responsible for supplier selection, including the creation and maintenance of supplier relationships the termination of agreements if expectations are not met
- Proactively drive invoice resolution with suppliers, program teams, accounts payable
- Must be able to operate independently with good working knowledge and experience in business analysis
- Can work and deal with complex issues and resolve them through analysis
- Good working knowledge and understanding of the supply chain management and procurement is preferred, but not required
- Understanding of procurement and Diversity programs is highly preferred
- Bachelor's degree in accounting/finance, logistics, manufacturing, and/or engineering
- A College or University degree in Business, Supply Chain Management or Finance and/or some relevant work experience and strong leadership in Sourcing or Procurement is required
Analyst, Procurement Job Description
- Gather market intelligence to understand and advise the broader team on industry trends that may impact or inform our strategy
- Working with other departments (i.e., Finance, IT) to correct data inconsistencies and/or close gaps
- Proactively seeking cost savings opportunities through sourcing changes and providing cost / benefit analysis for proposed changes
- Generating cost models and reports, as required
- Auditing departmental cost savings, rebates, and price escalator procedures
- Supporting the company's annual planning process
- Participate in cross-functional teams in the development of sourcing strategies
- Maintains an adequate supply of material for issue
- Provide customer support and follow up
- Perform research and specialist projects as needed
- Experience building and creating data-driven financial models
- Bachelor's Degree in Business or a similar discipline preferred or 2 years’ experience in a functional excellence position
- HOS training or experience a plus
- The candidate should have excellent PC skills and should be well versed with Microsoft Products like Excel, Word and Access (optional)
- Motivated individual who is detail oriented and possesses strong analytical and organizational skills
- BS/BA in purchasing, finance, management or related discipline required
Analyst, Procurement Job Description
- AMS PP Process rollout for Assigned AMS Agreements
- Performs economic research and prepares analyses (e.g., negotiable spend, supplier financial analysis, Total Cost of Ownership, financial models, ) to identify qualified suppliers and evaluate supplier reliability
- Supports Commodity Managers in assisting with Requests for Information (RFIs), Request for Proposals (RFPs), financial and performance clauses, metrics, terms, and rebates/penalties to ensure the best bid among various vendors
- Conducts post-implementation analysis to identify problems
- Lead efforts to develop and manage the Company’s Supplier Qualification and Performance Management capabilities / systems
- Provide commercial and analytical support to Strategic Sourcing projects and planning
- 30% Spend trend analysis
- 10% Functional and other dashboard executive level reporting
- 30% Economic research and trend forecasting
- 30% Other BI, supplier and supply market research and analysis in support of category strategies, purchase price cost analysis, cost modeling, compliance, functional metrics and dashboard and support for risk monitoring /identification / mitigation
- Experience in doing process transitions
- Rigor, reliability, good professional maturity
- 3 to 5 years of transactional Procurement experience in an multinational environment
- Strong knowledge of best practice procurement processes
- Experience in Outsourcing (Shared Services) required
- Experience in multinational company required
Analyst, Procurement Job Description
- Assist others in the department to develop presentations
- Collect, consolidate, gain approval and submit reports for internal customers
- Recommend and lead office workplace improvements
- Develop or manage the creation of AdHoc reports and analysis of market information and performance data using existing systems and personal
- Administer supplier scorecard distribution and analysis
- Maintain supplier contact database
- Develop a strong working relationship with corporate and business unit commodity managers in related areas of interest to leverage depth of knowledge and relationships beneficial to the business unit
- Undertake benchmarking and auditing analysis and make recommendations on supplier performance
- Support development of RFPs, assist in the analysis of proposals- including financial and non-financial criteria
- Co-ordinate vendor management activities including uploading contracts and arranging supplier reviews
- May be considered a “working supervisor” or “lead” to junior staff members
- 3+ years of experience in marketing, business administration, or related role, preferably in a retail environment
- Procurement experience required
- Experience and knowledge of fiscal based project management preferably in the retail field and specifically with print, design, creative, and production processes
- Experience tracking and preparing deliverables for localization
- Highly proficient in FP&A practices