Procurement Analyst

PCS Company•Fraser, MI

10h

About The Position

The Procurement Analyst manages procurement processes for assigned suppliers, makes cost-effective purchasing decisions, and helps optimize supplier performance. The role analyzes purchasing data, monitors supply chain trends, supports contract negotiations, and identifies opportunities to improve procurement strategies and contribute to PCS Company’s success. The position also maintains supplier relationships and pricing information, supports inventory and forecasting activities, processes and tracks purchase orders, and prepares performance reports for management. Supplier site visits may involve domestic and international travel.

Requirements

Five or more years of equivalent experience.
Strong knowledge of procurement principles, practices, and tools.
Excellent analytical skills, including proficiency in data analysis and reporting.
High proficiency with business software and tools, such as ERP systems, data visualization tools, and Microsoft Excel.
Strong negotiation skills and ability to manage supplier relationships.
Ability to manage multiple tasks and work under tight deadlines.
Exceptional attention to detail and problem-solving abilities.
Strong communication and interpersonal skills.

Nice To Haves

Bachelor’s degree in Procurement, Supply Chain Management, and/or General Business is preferred, but not required.

Responsibilities

Analyze purchasing data to assess procurement trends and identify cost-saving opportunities.
Monitor supplier delivery and quality performance.
Maintain relationships with current suppliers to support value, quality, and delivery objectives; assist with supplier selection and qualification.
Assist in preparing, reviewing, and retaining contracts, agreements, and certificates for compliance with company policies, legal requirements, and financial objectives.
Monitor inventory levels and collaborate with relevant departments to forecast and manage procurement needs.
Conduct market research to identify potential suppliers and assist with new product offering launches.
Develop and execute cost-reduction strategies while maintaining quality and delivery timelines.
Process purchase orders and track orders to ensure timely and accurate delivery of goods and services.
Prepare regular procurement performance reports for management, including key metrics and potential areas for improvement.
Maintain the supplier pricing database through the Price Change Notice (PCN) and Purchase Price Variance (PPV) processes.
Assess and recommend improvements to procurement processes, systems, and policies to enhance efficiency.
Conduct supplier site visits as required, including domestic and international travel.
Keep management informed of area activities and significant opportunities, problems, or concerns.
Troubleshoot and resolve procurement-related issues.
Perform other duties as required.