Procurement Analyst/Consultant

American Electric Power•New Albany, OH

2d•$74,551 - $109,543

About The Position

Supports Procurement Consultants, Procurement Specialists, and Category Managers in the execution of sourcing and contracting initiatives. Supports analytical work including but not limited to: spend analytics, market complexity, data collection, performance metrics, risk considerations, pricing, total cost of ownership, demand planning, and reporting. Assists with sourcing strategy development, decision making, and contract negotiations. May lead or direct less complex sourcing activities. May lead or direct less complex contracting activities. This opportunity may be filled as a Procurement Analyst or Procurement Consultant based on education and experience.

Requirements

Procurement Analyst: [SP20-SG6 | $73,828.00 - $86,132.00] Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
Procurement Consultant: [SP20-SG7| $86,783.00- $101, 248.00] Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
Experience: In addition to any experience required above, 2 years of relevant work experience, including experience working with cross-functional teams is required.

Nice To Haves

In customer service and/or procurement helpful
Excellent analytical, problem-solving, and time management skills desired
Familiarity with Maximo, Ariba and Cognos preferred
Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers
Supply chain category management experience, preferably within the utility, manufacturing, or construction industry preferred.
OTHER REQUIREMENTS: Excellent analytical, problem-solving, and time management skills desired
Ability to lead multiple projects and initiatives simultaneously
Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers
Ability to help develop and evolve category management processes and engage suppliers on operational, strategic, and financial issues.

Responsibilities

Conducts market research and analyzes performance metrics to support strategy and decisions regarding suppliers and markets.
Conducts research and analysis on spend and prior contracts to assist with contract negotiation.
Develop and utilize various models (e.g., pricing, total cost ownership).
Builds and maintains reports to streamline analysis.
Supports bid analysis, as needed.
Communicates findings and recommendations of research and analysis to Supply Chain, Procurement, and Fleet Operations (SCPFO) and business partners.
Drafts contracts and amendments to document negotiated pricing and terms.
May also support supplier negotiations resulting from sourcing events and/or requests for escalation.
Supports open order tracking, expediting, supplier prioritization activities, and project coordination actions to support capital project timelines.
Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.