Data Analyst Procurement
Company: SCOPE Recruiting
Location: Jericho
Posted on: May 15, 2022
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Job Description:
Our Client has an exciting opportunity for a Procurement Data
Analyst. The Procurement Data Analyst will be responsible for
leading the execution of quantitative analyses in support of
department initiatives, the Member Success and Member Engagement
teams, Contracts teams, and select member institutions. The
Strategic Sourcing Analyst will drive analytical efforts by
conducting spend analyses, developing cost baselines, building
competitive solicitation market basket item lists, performing
contract benchmarking, and all other types of quantitative analyses
required in the sourcing process for a broad range of spend
categories. The Strategic Sourcing Analyst will work under the
direction of the Sourcing Insights & Analytics Director,
independently with minimal direction.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Provide quantitative leadership, expertise and support to any and
all objectives related to spend analysis and strategic sourcing.
Objectives will range in complexity and vary from project to
project but will broadly include performing spend analysis at
various levels of detail, creating bid lists/item market baskets
and measuring cost savings.
Lead and execute the procurement data collection and data
management process for various analytics initiatives. Procurement
data can include contract documents, AP payment data, PO data,
supplier usage and external benchmarks. Initiatives can include
price comparison of Client's contract vs members contract,
RFP/Contract development, Spend Cube enhancement, or contract
benchmarking. The process will include facilitating requests for
specific information from member institutions and/or suppliers,
researching and identifying available relevant external data
sources, or extracting data directly by means of a detailed source
document review.
For each initiative, the Strategic Sourcing Analyst will be
responsible to:
Determine the amount of data preparation work needed
Decide the sufficient data work and analysis needed to accomplish
the objective set
Determine the applicability of the approach used in data collection
and assess the data constraints presented o Consolidate, normalize,
cleanse and manage all the data collected
Develop and create analyses using the data collected and prepared,
in accordance with the agreed objectives
Analyze, summarize, document, report and present findings, in
detail and summary levels, as well as be available to address any
follow-up questions from E&I Staff and Member Institutions.
Assist in identifying appropriate questions and decisions on RFP
pricing strategy
Execute contract benchmarking and all other types of quantitative
analyses required in the sourcing process for a broad range of
spend categories
Participate in RFP and contract business review meetings, assist in
identifying appropriate questions and decisions on RFP pricing
strategy, and address any follow-up questions from E&I Staff
and Member Institutions.
Collaborate with supplier partners and others to understand and
incorporate custom contract pricing into analyses related to
specific assignments.
The Procurement Data Analyst will support Member 'Strategic Spend
Assessments' by:
Assisting the Member Engagement team with member requests for
annual spend data
Implementing all required steps to capture, cleanse, enrich, and
categorize member spend data
Developing and presenting spend profile and cost savings
opportunity reports
Facilitating review of data analytics with Member Engagement
team
Leading all data analytics discussions during member
engagements
Conducting internal price analyses, as necessary, and managing data
transfer/results capture during supplier-led price analyses
EDUCATION and/or EXPERIENCE:
Bachelor's Degree in Finance, Accounting, Economics, Operations
Management, Supply Chain, Statistics, or Applied Mathematics is
highly desired
Minimum of 5 years of experience in a business-related field
requiring quantitative skills
Work experience in procurement or strategic sourcing related job
highly preferred
Must have a mastery of Microsoft Excel software
Microsoft Access software experience preferred
Must be proficient with Microsoft PowerPoint, Word
Spend Management and Solutions/Tools/Application experience highly
preferred
Must have an understanding of data sampling, analysis, and
visualization techniques and approaches Must exhibit excellent
communication skills, both verbal and written
Demonstrated ability to work with others both internally and
externally
Requires a working knowledge of the procurement function
Ability to multitask and prioritize
Requires 15% travel
Our Client offers a competitive salary and a comprehensive benefits
package which includes Medical, Dental, Vision, Life & AD&D
Insurance, LTD, STD, FSA, 401(k) plus an employer contribution and
other company-sponsored benefits. In addition, E&I offers a
flexible work schedule.
Keywords: SCOPE Recruiting, New Rochelle , Data Analyst Procurement, Professions , Jericho, New York
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