IT Procurement Analyst - Level II

Posted 4 Days Ago
Be an Early Applicant
Waterloo, IA
50K Annually
Mid level
Sports
The Role
The IT Procurement Analyst will manage procurement activities, perform spend analysis, negotiate contracts, and collaborate with stakeholders to align procurement goals. This role requires proficiency in software systems and financial modeling to optimize spend and ensure compliance with internal processes.
Summary Generated by Built In

A bit about us 

Trek is an awesome place to work, with amazing benefits for all employees. We build only products we love, provide incredible hospitality to our customers, and change the world by getting more people on bikes. When you’re on our team, you’re taken care of, encouraged to learn and grow, and given lots of opportunities to do so. Give us your best, and we’ll give it right back. Sound pretty sweet? Then come join us!
 

Job Description

Trek Bicycle is a global leader in the design and manufacture of bicycles and related products. Trek believes the bicycle can be a simple solution to many of the world’s most complex problems and is committed to breaking down the barriers that prevent people from using bicycles more often for transportation, recreation, and inspiration.

Our mission is to create products we love and take care of our customers. We value our team, making sure the best is on the field. We value new ideas from anywhere, inspiring others with our positive energy, dealing with reality to make the tough calls, and getting things done fast- turning ideas into reality. Come, join us, and help us transform the world, the bike, and have a blast while doing it! 

Position Description

Trek Bicycle is looking for an IT Procurement Analyst – Level II. This person will be detail oriented and possess strong written and verbal communication skills. These communication skills will be foundational in taking on responsibilities curating and managing renewals assigned to you. This person should be able to demonstrate a desire to ensure spend is optimized for the organization. These skills will be foundational to ensure we enter renewals in a position of leverage to ensure ongoing partnership with best-in-class suppliers.

Position Responsibilities:

  • Utilize software systems including Contract Lifecycle Management, ERP, Work Management, and office applications
  • Analyze data for accuracy and update CLM accordingly
  • Perform spend analysis and financial modeling
  • Build and articulate strategies to increase vendor competition
  • Leverage strategies for vendor evaluation and selection
  • Collect requirements from stakeholders for contract renewals and net new requisitions
  • Model TCO and ROI
  • Review current contract estate for financial risk and update records accordingly
  • Negotiate contracts and renewals > $50K TCV
  • Perform in depth market and cost analysis
  • Assess financial and commercial risk
  • Prepare and present data / findings in a concise readable format

Position Requirements

  • 4+ years of experience in a Procurement or Supply Chain Role
  • Ensure compliance with Procurement standards and internal processes
  • Manage multiple procurement activities simultaneously
  • Maintain accurate documentation of procurement and vendor related activities
  • Collaborate with stakeholders and departments to align procurement goals to business needs
  • As needed, provide procurement support and guidance to internal stakeholders
  • Proficiency with the Microsoft Office suite of tools
  • Firm understanding of financial cost analysis principles

Additional Experience Preferred:

  • Understanding of core IT concepts (SaaS, Software, Infrastructure technology, and Professional Services)
  • CPSM, CPM or related qualifications
  • Understanding of procure-to-pay lifecycle

Trek Benefits:

• Flexible and fun company culture
• Competitive health care
• PPO & HDHP medical plan options, Dental insurance, Vision insurance
• Flexible Spending Accounts (FSA)
• Free life insurance & optional term life insurance
• Competitive vacation package
• 401(k) with match and Employee Stock Ownership Plans (ESOP)
• 12 weeks of maternity leave with 100% pay
• Flexible holiday schedule – 10 company holidays
• Tuition Reimbursement up to $15,000! (Undergraduate & Masters programs)
• Employee discounts on all product
• Deep partner retail discounts





We are an Equal Employment Opportunity (“EEO”) Employer. Trek strictly prohibits discrimination on the basis of race, color, creed, religion, gender, gender identity, pregnancy, marital status, partnership status, sexual orientation, age, national origin, veteran or military status, disability, medical condition, genetic information, or any other characteristic prohibited by federal, state and/or local laws. This policy applies to all aspects of employment, including hiring, promotion, demotion, compensation, training, working conditions, transfer, job assignments, benefits, layoff, and termination.



We are an E-Verify employer.

For more information, please click on the following links:
E-Verify Participation Poster: English / Spanish
E-Verify Right to Work Poster: English | Spanish

The Company
HQ: Waterloo, WI
3,388 Employees
On-site Workplace
Year Founded: 1976

What We Do

Trek is a place where you’re valued for being you. If you’re really into bikes, that’s great. If you’re not (yet), that’s great too. Because there’s a lot more to Trek than bikes. Every person has a unique history and life experience to bring to the table. We respect that. It’s what makes us who we are.

At Trek, there's only one standard you have to meet - love.

Learn more of why Trek is a Great Place to Work: trekbikes.com/careers

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