Procurement Analyst

Job Description

Job Description

PROCUREMENT ANALYST

POSITION SUMMARY

The Procurement Analyst will be pivotal in supporting the procurement team by analyzing internal and external data, supporting cost-saving opportunities, and optimizing internal processes.

This role will involve developing and reporting functional and supplier metrics and providing timely and accurate reporting.

MAJOR RESPONSIBILITIES :

Data Analysis and Reporting :

• Identification and ongoing update of all data sources for strategic sourcing categories, including spend information, external market analysis and product specifications.
• Development and maintenance of relevant data storage and reporting tools, such as databases, spreadsheets, web-enabled content management tools.
• Maintenance, improvement and reporting of procurements project savings tracker.
• Development and maintenance of relevant data extract processes and Programs for updating data storage and reporting tools.
• Develop and maintain regular procurement performance reports.

Supplier and Category Management :

• Support sourcing project teams in the design and implementation of category strategies including the analysis of complex RFx’s
• Support the negotiation of contracts and agreements to ensure cost-effectiveness.
• Assist in managing supplier relationships and maintain supplier data, including pricing, contracts, and performance metrics.

Process Improvement :

• Analyze current P2P (Procure-to-Pay) processes and suggest improvements for enhanced efficiency and effectiveness.
• Assist in identifying implementing new P2P processes and tools.

KEY SKILL’s (Must have) :

• Analytical Skills : Ability to analyze data and trends to identify potential opportunities and strategies.
• Technical Proficiency : Experience with MS Office Suite and data analysis tools.
• Problem-Solving : Ability to address issues and challenges with effective solutions.
• Attention to Detail : Ensure accurate and compliant data management and procurement processes.
• Communication Skills : Strong verbal and written communication skills to effectively convey findings and strategies to stakeholders and team members.
• Team Collaboration : Ability to work effectively within a team and with other departments.
• Strategic Thinking : Ability to understand and interpret business needs to identify procurement opportunities.

BASIC QUALIFICATIONS (Must have) :

• 1-5 years of experience or internship / Co-op in procurement, supply chain or finance, preferably in an analytical role.
• Proficiency in data analysis and reporting including advanced Excel skills.
• Experience with ERP systems, specifically procurement software and tools.
• Knowledge of procurement processes and strategic sourcing.

ADDITIONAL QUALIFICATIONS :

• Experience in the chemical industry, industrial manufacturing, or related field.
• Proficiency with SQL, Tableau, or Power BI.
• Experience with Maximo or Microsoft AX.

EDUCATION :

Bachelor’s Degree in Business, Supply Chain Management, Finance, or related field (minimum).

Cornerstone Chemical Company is an affirmative action / equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.