Procurement Analyst
Procurement Analyst will play a key role in the supply chain management process and be responsible for analyzing data to guide and support the procurement function. Assist Procurement Manager in the creation of standardized methods for locating and obtaining goods and services that Bastian Solutions requires to execute on customer commitments. Ensure the materials or services obtained for the company are of high quality and fall within budget requirements by identifying potential supplier sources, screening suppliers, and negotiating favorable pricing and payment terms. Aid with the development of company policies related to procurement of goods and services. Other duties include monitoring supplier performance and developing supplier agreements when needed. Reports directly to Procurement Manager.
General Job Duties
- Analyze, collect and summarize data across the organization in order to support the decision- making process on the overall future procurement strategy
- Assist in the refinement and development of the procurement policy and procedures
- Act as a point of contact between the company and suppliers, maintaining relationships, while continually scouting for additional vendors to support company future growth
- Identify potential suppliers based on project requirements supporting operational teams as required in quoting process
- Work closely with the finance & legal department to ensure contract terms are favorable
- Build sound, cost-effective strategies for the purchasing of materials used in the business
- Conduct Quarterly Business Reviews with key suppliers to improve and enhance the quality of products purchased and the timeliness of deliveries to meet demand
- Communicating with Procurement Manager regularly regarding price fluctuations and the efficient flow of goods and services affecting production (Creation of Supplier Scorecards)
- Conduct cost analysis and setting benchmarks for improvement to drive profit expansion
- Develop performance management tracking with key vendors to drive cost reductions via consolidated purchasing power
- Help define risk management procedures to mitigate losses in the event of product shortages (Disaster Recovery and Business Continuity Plan)
- Liaises with key company employees to determine their product and service needs
- Support establishment of corporate processes supporting standardization of controlled processes pertaining to procurement to meet JSOX expectations
- Aid with development and negotiation of agreements, contracts, terms and deadlines with vendors, including both tactical (lowest price) and strategic (value vs cost), to support overall company goals and initiatives
- Support the enhancement and improvement of current new vendor qualification process
Requirements
- Travel to visit suppliers and Bastian Plants/Regional Offices (30-50%)
- Bachelors degree
- 1-5 years procurement experience
- Experience working in procurement function. Prefer to be in custom, engineered products procurement and project execution procurement vs standard materials / manufacturing process
- Strong understanding of procurement and negotiation techniques
- Excellent verbal and written communication skills
- Strong analytical, negotiation and conflict resolution skills
- Able to travel to meet with suppliers as required
- Procurement / Supply Chain Management Certifications desired (Examples: CPP, CPPM, CIPP, CIAPP, CPSM, MCIPS)
- Impeccable time- management, attention to detail, and policy compliance skills
- Strategic mindset – ability to analyze to drive competitive advantage to Bastian Solutions through procurement
- Relationship Building / Partnership Development – both internally and externally
- Financial acumen – ability to understand profitability drivers through procurement activities
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About Bastian
Bastian Solutions, a Toyota Advanced Logistics company, is an independent material handling and robotics system integrator providing automated solutions for distribution, manufacturing, and order fulfillment centers around the world. Our team specializes in consulting, system design, project management, maintenance, and installation, while sourcing the best equipment and automation technology. We take great pride in providing exceptional service and flexibility to our customers.
In addition to exciting work at a growing company, we offer the following benefits:
- Health, Dental, and Vision Insurance
- 401(k) Retirement Plan with a company match
- Vacation/Holiday Pay
- Tuition Reimbursement
- Flexible Work Schedules
- Volunteer Work
- Professional Associations, Conferences and Subscriptions
- Company Meetings & Events
Bastian Solutions does not work outside recruiting agencies. No solicitation phone calls please.
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