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Procurement Analyst
TekWissen ® Bolingbrook, IL
$75k-97k (estimate)
Contractor | Business Services 1 Month Ago
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TekWissen ® is Hiring a Procurement Analyst Near Bolingbrook, IL

OverviewTekwissen group, is a workforce management provider throughout the USA and many other countries in the world. The below job opportunity is to one of Our clients who is an American chain of beauty stores headquartered in Bolingbrook, Illinois. This Client carries cosmetics, fragrances, nail products, bath and body products, beauty tools, and hair care products.
Job Title: Procurement Analyst Location: Bolingbrook, IL 60440 Duration: 8 Months Job Type: Contract Work Type: Hybrid Job Description
  • The Procurement Analyst receives and analyzes non-merchandise purchase requests from various business units and creates and issues purchase orders in Ariba B & I.
  • The Procurement Analyst makes decisions and solves problems that impact the efficiency and effectiveness of company expenditures.
  • The Procurement Analyst shall continuously identify opportunities to optimize expenditures, improve processes and enrich policies and systems to enhance efficiency and meet expense control objectives.
  • They will use Ariba B & I and SAP as well as other systems to evaluate company expenditures and provide execution for a variety of non-merchandise goods, services, supplies, and materials in the most cost-effective and efficient manner.
  • This position plays a significant role in generating company savings by applying strong analytical, financial, and purchasing best practices to impact client bottom line.
Principal Duties & Responsibilities
  • Analyze data to support the creation of financial purchase orders or contracts within Ariba B&I in accordance with the company’s accounting policies
  • Prioritize purchasing activities according to company timelines and strategies
  • Assist in executing departmental responsibilities, including buying of goods and services, tracking and expediting orders, reviewing client requirements and preparing forecasts.
  • Partner with internal stakeholders to ensure accurate and timely purchase orders, goods receipt and processing of invoices within Ariba B & I.
  • Participate in the discovery and implementation of company continuous improvement opportunities
  • Support the Procurement Department to help plan, organize, direct, and execute all associated purchasing activities
  • Champion the procurement process throughout Client.
  • Strengthen relationships with suppliers, internal partners, affiliates and professional organizations to bring maximum value to Client's guests, shareholders and employees
  • Provide purchase order and spend data to Strategic Sourcing Category Managers and/or internal stakeholders as requested for meetings and reviews with Suppliers
  • Support the company in tracking receipt of goods/services as well timely payment for all purchases.
  • Other duties may be assigned
JOB SPECIFICATIONS
  • Bachelor's degree and/or 5 years applicable experience preferred
  • Strong working knowledge of and past experience using Ariba Buying and Invoicing and SAP Procurement transactions
  • General understanding of accounting principles including a chart of accounts, general ledger, balance sheet and SAP Project Systems (WBS elements).
  • Intellectually curious problem solver with proven ability to solve complex problems
  • Excellent oral and written communicator
  • Ability to gather, evaluate and summarize large amounts of data
  • Strong organizational and influencing skills
  • Advanced Excel ability preferred.
  • Process improvement and project management skills and experience
Special Position Requirements
  • Occasional travel and occasional overtime required
WORKING CONDITIONS
  • Normal office demands
TekWissen® Group is an equal opportunity employer supporting workforce diversity.

Job Summary

JOB TYPE

Contractor

INDUSTRY

Business Services

SALARY

$75k-97k (estimate)

POST DATE

05/26/2024

EXPIRATION DATE

07/18/2024

WEBSITE

tekwissen.com

HEADQUARTERS

ANN ARBOR, MI

SIZE

200 - 500

FOUNDED

1998

TYPE

Private

CEO

STEVE MOMORELLA

REVENUE

$10M - $50M

INDUSTRY

Business Services

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TekWissen provides enterprise software, web development, data warehousing, systems integration, information technology security services.

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The job skills required for Procurement Analyst include Procurement, Purchasing, Accounting, Project Management, Strategic Sourcing, Continuous Improvement, etc. Having related job skills and expertise will give you an advantage when applying to be a Procurement Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Procurement Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Procurement Analyst positions, which can be used as a reference in future career path planning. As a Procurement Analyst, it can be promoted into senior positions as a Gas Supply Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Analyst. You can explore the career advancement for a Procurement Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Procurement Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Procurement Analyst job description and responsibilities

Procurement analysts are typically required to have at least a bachelor’s degree.

01/31/2022: Bergenfield, NJ

They are responsible in determining supply needs and researching potential suppliers.

03/14/2022: Youngstown, OH

Also responsible I preparing cost-benefit analysis reports for review by managers.

02/17/2022: Santa Maria, CA

Procurement analysts evaluate products from vendors to determine which ones an organization should purchase.

02/18/2022: Salt Lake City, UT

Procurement analysts should be able to build relationships with vendors and make purchasing decisions.

02/27/2022: Monroe, LA

Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Procurement Analyst jobs

Develop financial procurement specialist skills.

03/21/2022: Parkersburg, WV

Procurement tactics negotiation skills.

03/18/2022: Bridgeport, CT

Knowledge of Data Analysis tools.

01/29/2022: Parkersburg, WV

Documenting business requirements is necessary and a must.

03/27/2022: Parkersburg, WV

Consider earning a master's degree.

03/29/2022: Asheville, NC

Step 3: View the best colleges and universities for Procurement Analyst.

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