Procurement Sourcing Analyst

Procurement Sourcing Analyst

Members Achieve More isn't just a tagline for us, it's part of everything we do! We're looking for passionate individuals to join our team to help us maintain that focus every day. Want to work somewhere that's remained strong for 90 years, that encourages you to learn, grow, and pursue your dreams? If yes, then read on...

The Procurement Sourcing Analyst will support PSECU's Procurement function by working proactively with Lines of Business to develop and execute a strategic approach for securing goods and services in assigned categories. Role will add value to the organization through assisting in identifying capable vendors, leading the competitive bidding process, negotiating contract pricing and terms, and optimizing vendor relationships. This position will be responsible for supporting the IT category as well as multiple other assigned spend categories. Team member will be involved in facilitating the selection of suppliers that support our organization's operational and strategic efforts. This role must perform work under minimal supervision, handling complex issues and problems and referring only the most complex issues to higher-level staff, and possess comprehensive knowledge of subject matter. Schedule: Monday - Friday, 8:00am -4:00pm. This position will be a hybrid model both in person and remote with minimum of onsite expectation of 40% or as needed.

In this position, you will:

• Develop and execute Requests for Proposals (RFPs), Requests for Quotes (RFQs) and/or Requests for Information (RFIs) based on identified business needs, market conditions, and organizational standards. Partner with lines of business to help secure suitable vendors that meet quality, capability, and time requirements at best price.
• Partner with stakeholders to align the sourcing process to the strategic plan for the line of business by clarifying objectives, approach, and timelines. Ensure appropriate buy-in, support, participation, and communication throughout Sourcing initiatives.
• Conduct analysis, evaluation, and scoring of vendor proposals according to established criteria.
• Coordinate activities such as vendor demonstrations, reference calls and on-site visits.
• Facilitate contract negotiations in conjunction with business partners and Legal to help ensure competitive pricing and favorable terms, tracking results of the sourcing initiatives, including any achieved savings or enhanced services.
• Analyze spend data to identify opportunities to optimize spend for assigned categories as well as create bid analyses to support vendor selection.
• Other duties as assigned.

Qualifications:

Bachelors: Business Administration/Management, Bachelors: Finance, Bachelors: Information Technology, Bachelors: Logistics /Supply Chain Management, Bachelor (Required)6 years' experience in a Procurement, Strategic Sourcing, or Category Management role. Any equivalent combination of experience and education. Required