Procurement Analyst

American Electric Power•New Albany, OH

6d•Onsite

About The Position

This role will be primarily focused on the services side of procurement, with an emphasis on Construction services categories. Responsibilities will include supporting sourcing, contracting, and ongoing contract administration activities within these services categories, as well as assisting with issue identification and resolution in coordination with internal stakeholders and suppliers. The role may also provide analytical and day to day support to senior/upper-level analysts who own specific services categories, helping with data analysis, strategic sourcing activities, execution of category strategies, and follow through on contract related actions.

Requirements

Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
Experience in customer service and/or procurement helpful

Nice To Haves

Experience within construction services
Excellent analytical, problem-solving, and time management skills desired
Familiarity with Maximo and Cognos preferred
Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers

Responsibilities

Procures goods and services with a high value or complex requirements.
Assesses business requirements, and matches procurement plans accordingly.
Executes sourcing strategies based on category manager guidance and leading practices.
Assists Category Managers with category strategy development.
Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
Coordinates and leads cross-functional category teams during sourcing events.
Performs any required contract administration work related to a sourcing event.
Develops negotiating strategy and leads negotiations.
Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations.
Establishes effective relationships with business partners and suppliers to support category strategies.
Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs.
Leverages contract knowledge to mitigate risks and maximize contract value.