Procurement Analyst

As Procurement Analyst, you'll execute the end-to-end Procurement process with special emphasis on conducting in-depth research and analysis of procurement-related data to support strategic decision-making and operational efficiency in support of functional areas such as Facilities, Construction, Center Operations, Education, Marketing, IT and HR.

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The Procurement Analyst must also be skilled in running RFP’s, as well as negotiating and documenting clear, complete and accurate contracts.

Responsibilities:

• Analyze spend to find opportunities and verify delivery of financial results, communicating analysis simply while including key actionable insights.
• Research products and services, suppliers, pricing trends, cost drivers and benchmarks
• Ensure alignment with functional and procurement partners on goals, deliverables, prioritization and deadlines throughout the process
• Develop RFP Events on the ERP platform ensuring bidder engagement, complete and clear product and service requirements, appropriate capabilities questions for vendors, proper contract documents and bid templates that gather all the applicable cost elements
• Perform analysis in Excel, including very complex datasets
• Draft negotiation plans including key prioritized points and targets for both financial and non-financial elements
• Document contracts ensuring clear and complete requirements and performance standards, mitigate risks and protect standard operational processes
• Lead multiple work efforts concurrently as well as supporting the Procurement Business Partners on other projects, ensuring deadlines are met and minimizing non-value-added effort.
• Outline implementation plans that ensure successful delivery of new Vendor products/services and the financial results are tracked to P/L then following through until complete.
• Collaborate with finance teams to ensure procurement activities align with budgetary constraints
• Use software and tools to streamline processes and improve data analysis
• Evaluate and recommend improvements to procurement policies and procedures

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Qualifications:

To thrive in the role of Procurement Analyst, candidates need a combination of analytical abilities, contract writing skills, business sense, and excellent communication skills.

• Bachelor’s Degree required, preferably in Supply Chain, Finance or Business. An advanced degree a plus
• Minimum of 2 years of procurement experience required that includes responsibilities such as market research, RFPs, analysis, negotiation, and documenting contracts preferably in a multi-unit corporate environment
• Intermediate/Advanced MS Excel skills to include formulas, lookups, formatting, and interpreting complex datasets. Intermediate MS Word (formatting, track changes, versioning), Outlook, and PowerPoint skills including visual elements to convey information more simply. Workday experience a plus. Quick learner on additional systems.
• Intellectual curiosity that drives complex research, asking questions and challenging assumptions
• A self-starter who simultaneously handles priorities, is undaunted by obstacles, anticipates the needs of the business and seeks to deliver before being asked
• Knowledge of contracts and key clauses, business terms vs risk and legal
• Attention to detail, impeccable organization, and follow through to closure