Senior Procurement Analyst (On-Site in Schaumburg, IL)

Misumi USA • Schaumburg, IL

213d • $75,000 - $90,000

About The Position

The Senior Procurement Analyst analyzes, cleanses, and maintains master data to enhance processes, systems, and departmental performance. A solid foundation in data analytics, neural networks, and machine learning is essential for extracting insights from complex datasets, applying advanced statistical techniques, and developing predictive models to optimize business processes. The analyst will collaborate with cross-functional teams to translate data into strategic, high-impact solutions that drive efficiency and decision-making. This role requires strong analytical skills and independent judgment to identify issues and recommend solutions.

Requirements

• Excellent verbal and written communication skills required.
• Bachelor's degree in supply chain management, Business, Data Analytics, Economics, Engineering, or a related field.
• 2+ years of experience in procurement, supply chain, data analytics, or a related role.
• Experience with inventory analysis required.
• Extensive inventory management experience a plus.
• Proficiency in data analytics tools such as Excel (advanced), SQL, Python, C++, Power BI, and Tableau for reporting and visualization.
• Strong understanding of machine learning, neural networks, and predictive analytics for procurement optimization.
• Knowledge of automation tools such as RPA (Robotic Process Automation) to streamline procurement workflows.
• Familiarity with statistical modeling and data-driven decision-making techniques.
• Demonstrated process improvement and critical thinking skills through data analytics and logical thinking.
• Ability to work in a fast-paced, evolving environment and adapt to changing business needs.
• Proactive mindset with the ability to identify and implement innovative solutions to improve procurement processes.
• Excellent problem solving, detail oriented, training/material retention, interpersonal and conflict management skills required.
• Willingness to travel up to 10%.

Responsibilities

• Identify and implement improvements within the Procurement department by collaborating closely with warehouse, Logistics, IT, Customer Service, and business units to streamline operations and enhance efficiency.
• Develop machine learning models, including neural networks, to forecast inventory trends, optimize sourcing strategies, and improve decision-making.
• Apply advanced statistical techniques to evaluate supplier performance, demand forecasting, and risk mitigation, ensuring data-driven procurement decisions.
• Identify automation opportunities and leverage AI-driven tools such as RPA (Robotic Process Automation) to enhance procurement workflows and minimize manual inefficiencies.
• Support current Inventory Analysis/Optimization and ensure accurate inventory metrics by continuously monitoring and updating inventory data.
• Determine optimal SKU location sizes to enhance warehouse space utilization.
• Analyze and establish efficient stock groupings for improved operational efficiency.
• Proactive research and present operational improvement opportunities, supported by comprehensive analytic reports.
• Manage current and future procurement-related projects, overseeing planning, execution, and performance monitoring to ensure successful outcomes.
• Prepare project documents, timelines, and status reports to track progress and align stakeholders.
• Execute ad hoc tasks and special projects as assigned to support departmental and company-wide initiatives.

Benefits

• Medical (HMO/PPO/HDHP)
• Vision
• Dental
• Life (Basic and AD&D)
• Disability (STD and LTD)
• Legal
• Pet Insurance Plans
• 401(k) Plan with match
• Commuter Transit Benefits
• Employee Resource (EAP and GEAS) Plans
• Fitness Club Membership
• Tax Savings (HAS and FSA) Plans
• Parental Leave
• Paid Time Off
• Paid Holidays

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Industry: Wholesale Trade Agents and Brokers
• Education Level: Bachelor's degree