What are the responsibilities and job description for the Procurement Analyst position at Star Group?
About Star:
At Star, we specialize in the custom design and manufacturing of physical experiences. Our clients’ needs range from exhibits, retail and corporate environments, and branded events. Wherever a brand lives, Star is there to make it shine.
Introduction:
We are seeking a Procurement Analyst to join our Finance team. The Procurement Analyst is responsible for overseeing the procurement of goods and services essential for our company’s operations. This role involves developing and managing procurement processes, managing supplier relationships, and ensuring that all sourcing activities align with company policies and objectives.
Key Responsibilities:
- Execute effective procurement strategies to ensure cost-effective purchasing while maintaining quality standards
- Identify, evaluate, and maintain relationships with suppliers that are mutually beneficial for both parties
- Execute a comprehensive vendor onboarding, evaluation and audit process
- Negotiate contracts and terms to secure the best possible deals
- Monitor inventory levels to ensure optimal stock levels
- Coordinate with the Accounting and Operations team to forecast demand, ensure accurate counts of inventory and manage supply chain logistics
- Purchase and research products, items and services according to jobs
- Analyze market trends and pricing to identify cost-saving opportunities
- Follow measures to reduce procurement costs without compromising quality
- Ensure all procurement activities comply with company policies, industry regulations, and legal requirements
- Prepare and present regular reports on procurement activities, supplier performance, and cost savings to senior management
- Reconcile and update systems for inventory and credit cards
Qualifications:
- Bachelor’s degree in business administration, supply chain management, or a related field
- Minimum of 3 years of experience in procurement or supply chain management
Skills:
- Strong negotiation and vendor relationship expertise
- Outstanding verbal and written communication skills
- Excellent analytical and problem-solving abilities
- Proficiency in procurement software and Microsoft Office Suite
- Ability to manage multiple projects and meet deadlines
- Knowledge of market research and data analysis
- Acts as a Servant leader
- Highly organized and delivers with a sense of urgency and strong attention to detail.
Star offers a competitive salary and benefits in an engaging and collaborative work environment. If you are a star performer who thrives in a collaborative and dynamic environment, we would love to hear from you. Join our incredible team and be part of a growing organization that recognizes and rewards your talent and potential. Together, let's illuminate the path to success!
Qualified candidates committed to making a big impact in a thriving organization are encouraged to submit a resume
Star is an equal opportunity employer.
Salary : $75,000 - $85,000