Procurement Analyst

Pettibone • Baraga, MI

5d • $56,000 - $65,000

About The Position

This role focuses on managing supplier relationships, forecasting, inventory management, and cost negotiation within the procurement function. The Procurement Analyst will collaborate with various teams to ensure the smooth flow of materials and continuous production while optimizing inventory turns and supplier performance.

Requirements

• Manages relationship with supply base ensuring quality, cost, and delivery expectations are met.
• Collaborates with cross functional teams to forecast and plan assigned commodities at the SKU level.
• Analyzes messages from the MRP system and place orders in a timely manner.
• Manages inventories to ensure continuous production while maximizing turns.
• Monitors and action key performance metrics, including on time delivery, inventories, shortages, supplier performance, and purchase price variance.
• Identifies optimal shipment and transportation routes with attention to consolidation.
• Develop working knowledge of assigned commodities and associated supplier base.
• Negotiates material prices and implement actions to offset increases.
• Participates as an advisory member of the product development team, providing information and guidance on availability and cost of supplies and materials.
• Participate in Value Added and Value Engineering projects with suppliers and cross functional team.
• Participate in strategic department and company projects and initiatives driving continuous improvement.

Responsibilities

• Manages relationship with supply base ensuring quality, cost, and delivery expectations are met.
• Collaborates with cross functional teams to forecast and plan assigned commodities at the SKU level.
• Analyzes messages from the MRP system and place orders in a timely manner.
• Manages inventories to ensure continuous production while maximizing turns.
• Monitors and action key performance metrics, including on time delivery, inventories, shortages, supplier performance, and purchase price variance.
• Identifies optimal shipment and transportation routes with attention to consolidation.
• Develop working knowledge of assigned commodities and associated supplier base.
• Negotiates material prices and implement actions to offset increases.
• Participates as an advisory member of the product development team, providing information and guidance on availability and cost of supplies and materials.
• Participate in Value Added and Value Engineering projects with suppliers and cross functional team.
• Participate in strategic department and company projects and initiatives driving continuous improvement.

What This Job Offers

• Education Level: No Education Listed