Procurement Analyst

As a member of the Insights and Analytics Team, the Business Analyst supports our Procurement Division with data driven analysis and strategic guidance.

This role will have a primary responsibility around strategic funding and assortment optimization.

Core Functions

The core functions of this position include, but are not limited to, the following :

• Creation of monthly Vendor scorecards tracking costs, sales, dead net profit, funding, and creating materials for divisional checkpoint meetings.
• Generate vendor strategy playbooks, evaluate negotiated vendor offers, create funding forecasts, track vendor funding and performance requirements to ensure actuals meet forecasts.
• Present insights and recommendations to Category Managers, Procurement Managers and Division VP’s
• Utilize internal as well as syndicated data sources to conduct assortment reviews and provide assortment recommendations based on insights gathered
• Build relationships with key members of Procurement teams as well as vendor community
• Work hand in hand with Procurement and Accounting to ensure follow through of strategic budget

Knowledge and Skill Requirements :

• Bachelor’s degree in Business, Economics, Mathematics, Statistics or equivalent.
• Demonstrated analytical, quantitative, and qualitative analysis skills required.
• Strong statistical and mathematical aptitude, including an understanding of the components of financial analysis and the ability to work accurately with numbers.
• Experience querying large data sets and the ability to translate the data into business insights
• Exceptional collaboration, communication, interpersonal and negotiation skills.
• Solid organizational skills with an above average attention to detail and accuracy.
• Prior experience in Procurement, Merchandising, and / or utilization of syndicated data desirable.
• Highly analytical thinker with ability to derive insights beyond the obvious .
• Ability to produce and present succinct analyses to provide decision support as well as communicate findings to all levels of the organization.
• Excellent technical skills in Excel, Word, Outlook and PowerPoint with ability to rapidly learn new software system required.
• Demonstrated ability to independently develop new Excel models, charts and graphs as necessary, experience with predictive analytics desired.
• Proficiency with Alteryx, SQL, and visualization tools desired but not necessary.
• Ability to multi-task while being flexible and reacting quickly to change.
• Strong written and oral communication skills.
16 days ago