SUPPLY CHAIN - Procurement Analyst I

Thatcher Company • Salt Lake City, UT

8d

About The Position

The Procurement Analyst I supports Thatcher Company's supply chain operations through purchasing analysis, supplier research, cost evaluation, and procurement process improvement. The role analyzes purchasing data, monitors material costs, identifies sourcing opportunities, and supports supplier relationships to help ensure timely and cost-effective procurement of materials and services.

The Procurement Analyst I works with Purchasing, Planning, Operations, Sales, and other departments to improve purchasing efficiency, maintain accurate procurement data, and support informed sourcing decisions.

Requirements

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, Economics, or a related field.
• Proficiency in Microsoft Excel, including formulas, pivot tables, and data analysis.
• Experience with Microsoft Word and ERP systems.
• Strong analytical and mathematical skills, including percentages, ratios, cost comparisons, and unit conversions.
• Ability to analyze large amounts of data, identify trends, and develop recommendations.
• Strong organizational skills and attention to detail.
• Effective written and verbal communication skills.
• Ability to solve practical problems and adapt to changing business priorities.
• Ability to work independently with limited supervision and collaborate across departments.

Nice To Haves

• 1–3 years of experience in purchasing, procurement, supply chain, data analysis, or a related field.
• Experience in manufacturing, chemical distribution, or industrial supply chain operations.

Responsibilities

• Analyze purchasing data, material costs, supplier pricing, and purchasing trends to identify cost-saving opportunities.
• Research and evaluate potential suppliers for raw materials, chemicals, packaging, and other materials required for company operations.
• Obtain and compare supplier quotations, pricing, lead times, and purchasing terms.
• Support purchasing activities, including raw material procurement and third-party orders for direct shipment to customers.
• Maintain and update material costs, supplier pricing, and procurement records in the ERP system using information from multiple sources.
• Assist in preparing and distributing pricing updates and cost change notifications.
• Monitor supplier performance, including pricing, delivery reliability, lead times, and product quality.
• Identify alternative suppliers and sourcing opportunities to improve material availability and reduce supply chain risks.
• Prepare purchasing reports, cost comparisons, spend analyses, and other procurement-related reports.
• Work with Purchasing and Planning to identify potential material shortages, excess inventory, and opportunities for improved purchasing decisions.
• Assist with creating and maintaining product numbers, supplier records, and item master data, including identifying inactive items.
• Support supplier negotiations by providing pricing history, market research, and cost analysis.
• Identify opportunities to improve purchasing processes, data accuracy, and overall procurement efficiency.
• Collaborate with Sales, Operations, Shipping, Marketing, and Warehouse teams to resolve purchasing and supplier-related issues.
• Support procurement projects, supplier evaluations, and continuous improvement initiatives.
• Perform other duties and special projects as assigned.

Benefits

• 100% company-funded Profit Sharing Plan, up to 25% of salary annually.
• 401(k) with traditional and Roth contribution options.
• Medical, dental, vision, life insurance, short-term disability, and long-term disability benefits.
• HSA/FSA.
• 3+ weeks of PTO and paid holidays.
• Education reimbursement.
• Ongoing professional development.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level