Procurement Analyst

The Procurement Analyst provides analytical and operational support for procurement and supply chain related activities. Incumbent is responsible for cost tracking, analysis, and reporting related department functions in support of the Company’s business strategy and activities. Incumbent will leverage analytical abilities to effectively source and purchase products from suppliers; negotiate terms, quantities, payments, and credits; and manage supplier performance in quality, delivery, price, and on-hand inventory. This job is in Utah and would require 5 days in office.

Essential Job Functions:

• Searches inventory records to determine if material on hand is in sufficient quantity, prepares purchase orders to obtain materials, tools, and equipment. Required to negotiate costs, payment terms, and freight terms where needed.
• Sources, purchases, and negotiates pricing on parts from approved vendors. Verifies nomenclature and specifications of purchase requests.
• Manage annual agreements with suppliers with respect to commodities and foreign exchange baselines.
• Monitors suppliers to ensure production and shipping schedules are met. Communicates with suppliers concerning open purchase schedules, late deliveries, and inventory related issues.
• Liaison between assigned suppliers and all internal departments within the organization.
• Develops and implements tools/plans to support forecasted needs for suppliers.
• Manages proposed material costs for multiple proposals and procurements across various programs.
• Provides operational support on make vs. buy team projects – adding analysis and administrative input to product and manufacturing sourcing decisions.
• Performs special projects as assigned by the department leadership.

Knowledge, Skills, and Abilities:

· Must possess strong negotiation skills, including supplier costs, freight, and payment terms as well as pricing, delivery, credits, and all other aspects of the purchasing process.

· Working knowledge of inventory software; order processing systems, spreadsheet, and word processing software.

· Demonstrated ability to calculate figures and amounts such as discounts, interest, and percentages.

· Ability to apply common sense understanding to conduct instructions furnished in written, oral, or diagram form.

· Ability to evaluate information against a set of standards.

· Ability to weigh the relative costs and benefits of a potential action.

· Knowledge of applicable laws, rules, regulations and/or policies and procedures.

· Understanding principles, theories, and best practices of purchasing goods and services.

· Ability to coordinate the activities or tasks of people, groups, projects, and/or organizations.

· Use logic to analyze or identify underlying principles, reasons, or facts associated with information or data to draw conclusions.

· Clear, concise, and effective speech; ability to listen to, communicate, and understand information and ideas presented verbally and in writing.

· Must be able to work with little to no supervision

· Ability to work well in a team environment and in group problem solving situations

· Must be able to communicate clearly in a team setting

Requirements:

• 4+ Years of purchasing or finance experience
• Bachelor’s degree in business
• Highly analytical
• Highly proficient in excel
• Has purchasing experience, including commodities

Physical and Safety Requirements:

· Sedentary: Typically, the associate may sit comfortably to perform the work; however, there may be some walking, standing, bending, carrying light items, driving an automobile, etc. Special physical demands are not required to perform the work.

· Everyday Risks: Risks found in the typical office setting, which is adequately lighted, heated, and ventilated, e.g., safe use of office equipment, avoiding trips and falls, observing fire regulations, etc.

· The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Other Duties:

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Employment at Will:

This job description does not constitute a contract of employment and both the associate, and the company may exercise their employment-at-will rights at any time.