Procurement Analyst

Modigent – Procurement Analyst

About the Role: We are seeking a detail-oriented and analytical Procurement Analyst to join our team. The ideal candidate will be responsible for analyzing procurement data, identifying trends, and providing insights to improve our procurement processes. This role requires strong analytical skills, excellent communication abilities, and a deep understanding of procurement practices.

Key Responsibilities

• Compile and analyze procurement data to identify trends, cost-saving opportunities, and areas for improvement.
• Develop and maintain procurement reports and dashboards to track spend, rebate income, program compliance, procurement opportunities.
• Possess working knowledge of rebate structures and national level supplier relationships and agreements.
• Uncover new revenue streams stemming from strong supplier relationships.
• Collaborate with cross-functional teams and internal stakeholders to understand their procurement needs, provide data-driven recommendations, support overall business objectives.
• Establish supplier KPI’s, drive supplier performance and compliance to contract terms.
• Assist in the development and implementation of procurement strategies.
• Conduct deep dives into spend data, build strong rapport with operations.
• Support the negotiation and management of contracts with suppliers.
• Uncover and drive automation opportunities.
• Ensure compliance with company policies and industry regulations.
• Manage and oversee the overhead purchase order process from initiation to completion.
• Analyze and review purchase orders to ensure accuracy and compliance with company policies.
• Collaborate with various functions and OpCo’s to understand their overhead purchasing needs and provide support.
• Develop strong understanding of OpCo purchasing systems and provide support, training, and process improvement ideas when applicable.
• Maintain accurate records of all overhead purchase orders and related documentation.
  
  

Qualifications

• Bachelor's degree in Business, Supply Chain Management, or a related field.
• CPSM or other ISM related certification a plus.
• Proven experience as a Procurement Analyst or in a similar role.
• Strong analytical and critical thinking skills.
• Skilled in converting data into charts, graphs, dashboards.
• Excellent communication and people skills.
• Ability to thrive in a demanding environment individually and within a team.
• Knowledge of procurement processes and best practices.