What are the responsibilities and job description for the Procurement Analyst position at Lakeland Industries?
At Lakeland Industries, our number one priority is creating protective garments that protect people from fire, hazardous chemicals, and diseases, throughout the world. We design and manufacture a wide variety of technologically advanced protective clothing for workers in a number of industries in which hazardous materials must be handled. Lakeland Industries' products have established and maintained a global reputation for overall quality and are recognized as the field's gold standard.
Lakeland is currently actively recruiting for a dedicated Procurement Analyst to optimize the procurement and sourcing activities. As a Procurement Analyst you will perform a critical function within the supply chain management process, focusing on optimizing our procurement and sourcing activities. The primary goal is to conduct in-depth research and analysis of procurement-related data to support strategic decision-making, maximizing operational efficiency, and minimizing risks. As Procurement Analyst you will play a crucial role in achieving these objectives by analyzing data, market trends, supplier performance, and other factors to make informed procurement decisions by leveraging data-driven insights to support the procurement team in strategic sourcing, contract negotiations, supplier evaluations, and overall procurement process improvements.
RESPONSIBILITIES:
- Conduct data analysis on supplier performance, spend data, and market trends
- Identify cost-saving opportunities
- Prepare reports and presentations to communicate findings and recommendations
- Create and maintain procurement reports and dashboards
- Support the Procurement Team in supplier relationship management
- Participate in cross-functional meetings to align procurement strategies with organizational goals
- Collaborate with Finance teams to ensure Procurement activities align with budgetary constraints
- Utilize procurement software and tools to streamline processes and enhance data analysis
- Evaluate and recommend improvements to procurement policies and procedures
- Respond to ad-hoc data requests from the Procurement team and other departments
BENEFITS include:
- Immediate eligibility for Medical, Dental, and Vision insurance
- 401(k) with company Match
- Additional insurances available include Life, Disability, Critical Care, and Accident
- Paid Vacation and Personal time
- Paid Company Holidays
- EAP
REQUIREMENTS:
- Problem solving and data analysis skills
- Sourcing and procurement strategy development experience
- Experience interpreting market research
- Supplier relationship management experience
- Financial analysis and budgeting skills
- Contract management and negotiation experience
- Advanced Excel skills
- Ability to multi-task
- Excellent communication skills both written and verbal
- Ability to interact effectively and collaboratively with cross-functional teams
- Bachelor's degree is preferred
- 3-5 years of related Procurement experience preferred
- CSCP Certification preferred
