Purchasing Analyst

HICO America, headquartered in Pittsburgh Pennsylvania with facilities in Los Angeles, Greensburg, PA, and Memphis TN, is part of the Power Systems business unit, in the Industrial Performance Group of the Hyosung Corporation, a large publicly traded corporation based in Seoul, South Korea. HICO is an ISO 9001 and 14001 certified company, with primary business in power system products.

Purchasing Analyst –

The Purchasing Analyst will report to the Purchasing Manager.

Support the HICO procurement analyst and project managers in the purchasing of parts and equipment for EPC and product execution projects.

Create and manage the RFQ process to ensure the purchasing function aligns with the project managers timeline and budget.

Develop into the liaison between the subcontractor/supplier and HICO project management and procurement teams.

Facilitate the qualification of new subcontractors where appropriate and engage the project stakeholder team to help determine which subcontractors shall be engaged during the RFQ process for their respective projects.

Analyze the responses to the RFQ (request for quotation) and summarize the results for the internal HICO project stakeholders.

Control the subcontractor invoice process and documentation requirements to ensure supplier submittal documentation is well received and invoicing is accurate.

Support the HICO purchasing team regarding documentation control and supplier database information.

Contribute to the standardization of the RFQ processes and adherence of subcontractors to the HICO project checklist regarding services, parts and equipment for transformer and EPC projects.

Participate in, develop, and maintain tools, best practices, reports to support the Procurement Team

Additional purchasing job functions as needed.

· Research and support qualification of subcontractors and suppliers

· Create and track RFQ’s and monitor responses

· Update internal databases with purchasing details (dates, vendors, quantities, discounts)

· Conduct market research to identify pricing trends

· Evaluate bids from subcontractors vendors and negotiate value for HICO and its customers

· Maintain updated records of invoices and contracts and project closing documents

Build reports and analyze KPIs within the Purchasing department

Requirements:

· Report to the Pittsburgh, PA Headquarters

· Travel 0-10%

· Bachelor’s degree in business, supply chain or engineering is preferred

· Years Experience: 2-3 Years

· Proficient in Excel and Microsoft Teams/Office Suite.

Benefits

Competitive compensation package, Paid healthcare, Matching 401k, Performance Bonus, Company lunches, Company Outings, Free Parking

HICO America provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics