Procurement Analyst

As an experienced Procurement Analyst in the Sourcing & Procurement Department, you will be responsible for various tasks including savings tracking, supplier performance scorecards, sourcing scenario analytics, negotiation strategy development, spend management, compliance monitoring, and more. This is a new role within a growing department where you will lead the design and development of processes and controls for analytics. Key Responsibilities: - Extract structured and unstructured data from various sources and compile it into one database - Cleanse and normalize data using artificial intelligence algorithms to ensure accuracy - Own and drive sourcing analytics within the Sourcing & Procurement team - Assist in developing negotiation strategies and tactics based on insights from data - Identify critical negotiation tactics for sourcing events and highlight requirements for each supplier - Manage Procurement performance management processes including pipeline, resource management, and reporting - Create dashboards and scorecards for suppliers across all spend categories using power BI - Track and monitor spend across all categories over time and provide root-cause analysis for spend variances - Monitor supplier compliance by identifying price or volume variances and conducting deep dive analyses - Provide data analysis on initiative progression and performance, comparing actual results to expected outcomes - Drive spend aggregation, vendor consolidation, and strategic sourcing disciplines - Categorize and enrich data for easy review and management, ensuring clear taxonomy for complete spending insights - Analyze and report on classified information to realize benefits and make better sourcing decisions Qualifications Required: - Bachelor's degree in Supply Chain Analytics, Finance, Accounting, Economics, Computer Science, or related field, or equivalent work experience - 5 years of purchasing/sourcing experience and preferred 5 years of data/supply chain analytics experience - Experience in the Technology Industry is preferred - Training in supply chain analytics, proficiency in Excel, and experience in procurement/sourcing tools are preferred - Strong communication, interpersonal, and influencing skills - Strong analytical skills, numerically astute, and demonstrated problem-solving abilities Please note that this is a brief overview of the Procurement Analyst role, and additional details about the company were not provided in the job description.,