Senior Procurement Analyst

Senior Procurement Analyst POSITION SUMMARY:

The Senior Procurement Analyst is responsible for leading procurement data analysis, optimizing sourcing strategies, and driving cost savings initiatives. This role partners with cross-functional teams to evaluate supplier performance, improve procurement processes, and make strategic decision-making through data-driven insights.

Senior Procurement Analyst ROLES AND RESPONSIBILITIES:

• Analyze procurement data to identify cost-saving opportunities, trends, and risks 
• Develop and maintain dashboards, reports, and KPIs related to supplier performance and spend analysis 
• Drive strategic sourcing initiatives, including RFPs, RFQs, and contract negotiations 
• Evaluate supplier performance and recommend improvements or alternative sourcing strategies 
• Collaborate with finance, operations, and supply chain teams to align procurement strategies with business goals 
• Monitor market trends, pricing fluctuations, and supply risks to inform procurement decisions 
• Ensure compliance with procurement policies, contracts, and regulatory requirements 
• Lead process improvement initiatives to enhance efficiency and reduce procurement cycle time 
• Mentor purchasing coordinators and provide guidance on procurement best practices 

Senior Procurement Analyst EDUCATION AND EXPERIENCE:

• Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or related field 
• 5–8+ years of experience in procurement, sourcing, or supply chain analysis 
• Strong analytical skills with proficiency in Excel, data visualization tools (e.g., Power BI, Tableau, ZAP) 
• Experience with ERP systems (e.g., SAP, Oracle, Syspro) 
• Excellent communication, negotiation, and stakeholder management skills 
• Strong attention to detail and problem-solving abilities