2 Procurement Analyst Jobs in Andover, MA
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JVT Advisors is Hiring a Procurement Analyst Near Andover, MA
The Senior Analyst will contribute to category management and drive cost savings through various tasks
- Identify and evaluate potential new vendors for designated categories
- Create RFPs to facilitate price discovery and vendor selection
- Lead or support sourcing initiatives under the guidance of the Head of Procurement
- Negotiate supply terms and conditions with managerial support
- Draft and implement supply agreements with feedback from Legal and other stakeholders
- Oversee the implementation of new agreements and the onboarding process for new suppliers
- Investigate and resolve issues related to products, services, and supply chains, including lead times, availability, quality, and performance
- Provide continuous Supplier Relationship Management support
- Handle vendor price change requests, ensuring they align with existing contract terms, calculate cost impacts, and update vendor pricing on the intranet
- Offer procurement research and analytical support for projects led by the Procurement Manager
- Ensure the intranet site reflects current vendor pricing
- Keep the contract database updated with the latest agreement information
- Monitor raw material price indexes to spot market trends
- Quickly address product inquiries from field locations and ensure adherence to vendor agreements
- Distribute products to the field as necessary
Qualifications:
- Bachelor's Degree
- 2-4 years of experience in Procurement, Consulting, or other analytical roles
- Excellent communication and presentation skills
- Strong analytical mindset and attention to detail
- Proficiency in project management and problem-solving
- Proficiency in Microsoft Office, with intermediate to advanced Excel skills or a strong aptitude for learning Excel
- Ability to travel as required
- Fluency in English
Job Summary
Full Time
Business Services
$67k-88k (estimate)
08/29/2024
09/12/2024
jvtadvisors.com
ANDOVER, MA
50 - 100
1997
TORIN DRAGSBACK
$10M - $50M
Business Services
Related Companies
The job skills required for Procurement Analyst include Procurement, Supply Chain, Pricing, Problem Solving, Initiative, Microsoft Office, etc. Having related job skills and expertise will give you an advantage when applying to be a Procurement Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Procurement Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Procurement Analyst positions, which can be used as a reference in future career path planning. As a Procurement Analyst, it can be promoted into senior positions as a Buyer III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Analyst. You can explore the career advancement for a Procurement Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Procurement Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Procurement Analyst job description and responsibilities
Procurement analysts are typically required to have at least a bachelor’s degree.
01/31/2022: Bergenfield, NJ
They are responsible in determining supply needs and researching potential suppliers.
03/14/2022: Youngstown, OH
Also responsible I preparing cost-benefit analysis reports for review by managers.
02/17/2022: Santa Maria, CA
Procurement analysts evaluate products from vendors to determine which ones an organization should purchase.
02/18/2022: Salt Lake City, UT
Procurement analysts should be able to build relationships with vendors and make purchasing decisions.
02/27/2022: Monroe, LA
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Procurement Analyst jobs
Develop financial procurement specialist skills.
03/21/2022: Parkersburg, WV
Procurement tactics negotiation skills.
03/18/2022: Bridgeport, CT
Knowledge of Data Analysis tools.
01/29/2022: Parkersburg, WV
Documenting business requirements is necessary and a must.
03/27/2022: Parkersburg, WV
Consider earning a master's degree.
03/29/2022: Asheville, NC
Step 3: View the best colleges and universities for Procurement Analyst.
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