What are the responsibilities and job description for the Procurement Business Analyst position at Wakefern Food Corp.?
About Wakefern
Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite®, Price Rite®, The Fresh Grocer®, Dearborn Markets®, Fairway®, Dibruno Bros. and Gourmet Garage® banners.
Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best-in-class procurement practices.
About You
As a member of the Insights and Analytics Team, the Business Analyst supports our Procurement Division with data driven analysis and strategic guidance. This role will have a primary responsibility around strategic funding and assortment optimization.
Essential Functions
- Creation of monthly Vendor scorecards tracking costs, sales, dead net profit, funding, and creating materials for divisional checkpoint meetings.
- Generate vendor strategy playbooks, evaluate negotiated vendor offers, create funding forecasts, track vendor funding and performance requirements to ensure actuals meet forecasts.
- Present insights and recommendations to Category Managers, Procurement Managers and Division VP’s
- Utilize internal as well as syndicated data sources to conduct assortment reviews and provide assortment recommendations based on insights gathered
- Build relationships with key members of Procurement teams as well as vendor community
- Work hand in hand with Procurement and Accounting to ensure follow through of strategic budget
Qualifications
- Bachelor’s degree in Business, Economics, Mathematics, Statistics or equivalent.
- Demonstrated analytical, quantitative, and qualitative analysis skills required.
- Strong statistical and mathematical aptitude, including an understanding of the components of financial analysis and the ability to work accurately with numbers.
- Experience querying large data sets and the ability to translate the data into business insights
- Exceptional collaboration, communication, interpersonal and negotiation skills.
- Solid organizational skills with an above average attention to detail and accuracy.
- Prior experience in Procurement, Merchandising, and/or utilization of syndicated data desirable.
- Highly analytical thinker with ability to derive insights beyond the “obvious”.
- Ability to produce and present succinct analyses to provide decision support as well as communicate findings to all levels of the organization.
- Excellent technical skills in Excel, Word, Outlook and PowerPoint with ability to rapidly learn new software system required.
- Demonstrated ability to independently develop new Excel models, charts and graphs as necessary, experience with predictive analytics desired.
- Proficiency with Alteryx, SQL, and visualization tools desired but not necessary.
- Ability to multi-task while being flexible and reacting quickly to change.
- Strong written and oral communication skills.
Working Conditions & Physical Demands
- Ability to monitor computer screens for long periods of time
- Ability to work a hybrid schedule, with a current requirement of 4 days in person
- Ability to flex hybrid schedule to attend important meetings and vendor or store visits based on business needs
