Procurement Analyst
Chicago, IL, United States23h ago
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Key details
- Salary
- $70K–$85K/yr
- Location
- Chicago, IL, United States
- Work style
- Onsite
- Level
- Mid level
- Experience
- 3–6 yrs
- Function
- Finance & Accounting
- Focus area
- other
- Posted
- 23h ago
Skills
About the role
The Role
The Procurement Analyst role integrates Procurement, Supply Chain, and Finance to drive data-informed decision-making. This individual will partner closely with Procurement and Operations teams to develop actionable insights, improve supplier performance, and identify cost-saving opportunities. This role plays a critical part in optimizing procurement strategies and delivering measurable business value.
Responsibilities
- Prepare, coordinate, and manage Reorder Point (ROP) data and review processes across all network sites
- Conduct in-depth spend analysis to identify cost-saving opportunities, inefficiencies, and key trends
- Develop and maintain procurement dashboards and reporting to track KPIs, cost savings, and performance metrics
- Build and optimize scalable data collection and reporting processes to improve accuracy and efficiency
- Maintain and enhance supplier performance scorecards, tracking reliability, quality, and service levels
- Partner with Procurement and Operations to align sourcing strategies with business objectives and financial targets
- Collaborate with category owners to improve demand forecasting, budgeting, and spend management
- Identify and recommend actionable improvements to drive cost reduction and operational efficiency
- Monitor key performance indicators and proactively highlight risks, variances, and opportunities
- Lead or support cross-functional projects focused on procurement process improvement and standardization
- Conduct ad hoc analysis and support cross-functional special projects to address emerging business needs and drive continuous improvement
Qualifications
Required
- Bachelors degree in Business Administration, Supply Chain Management, Economics, Finance, or related field
- Minimum 3 years of experience in Data Analysis, Supply Chain, or Procurement
- Advanced Experience in Microsoft Excel
- Proficiency in Microsoft 365, Power BI
Preferred
- Proven analytical experience manipulating and understanding data and coming up with action plans
The pay range is competitive and based on experience, qualifications, and/or location of the role. Positions may be eligible for a discretionary annual incentive program driven by organization and individual performance.