Procurement Analyst

PCS Company•Fraser, MI

About The Position

The Procurement Analyst manages the procurement process for assigned suppliers, making cost-effective purchasing decisions and optimizing supplier performance. The role analyzes data, monitors supply chain trends, supports contract negotiations, and identifies opportunities to improve procurement strategies. It also involves supplier performance and relationship management, purchasing and inventory coordination, procurement reporting, and ongoing process improvement. Supplier site visits may require domestic and international travel.

Requirements

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.
At least 5 years of equivalent experience.

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 identify procurement trends and cost-saving opportunities.
Monitor supplier delivery and quality performance.
Evaluate and maintain relationships with suppliers to support favorable value, quality, and delivery terms; assist with supplier selection and qualification.
Assist in preparing, reviewing, and retaining contracts, agreements, and certificates to ensure 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 support timely and accurate delivery of goods and services.
Prepare regular procurement performance reports for management, highlighting key metrics and potential improvements.
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.
Conduct supplier site visits as required, including domestic and international travel.
Keep management informed about area activities and significant opportunities, problems, or concerns.
Troubleshoot and resolve procurement-related issues.
Perform other duties as required.