Procurement Analyst
$74.55k - $93.19kAmerican Electric Power
Job Title
This role will be primarily focused on the services side of procurement, with an emphasis on Construction services categories.
What You'll Do:
- Procures goods and services with a high value or complex requirements.
- Assesses business requirements, and matches procurement plans accordingly.
- Executes sourcing strategies based on category manager guidance and leading practices.
- Assists Category Managers with category strategy development.
- Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
- Coordinates and leads cross-functional category teams during sourcing events.
- Performs any required contract administration work related to a sourcing event.
- Develops negotiating strategy and leads negotiations.
- Writes the summary and details for basic to moderately complex contracts, including pricing, business requirements, performance criteria, terms and conditions, and any risk mitigations.
- Establishes effective relationships with business partners and suppliers to support category strategies.
- Works with the Service Center to ensure transactional and customer support services are aligned with category strategies.
- Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
- Manages contract compliance and administration for high-value manufactured equipment and materials including economic price adjustments, replacement programs, and credit programs.
- Leverages contract knowledge to mitigate risks and maximize contract value.
What We're Looking For:
Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
Experience: In customer service and/or procurement helpful
Preferred Qualifications:
- Experience within construction services
- Excellent analytical, problem-solving, and time management skills desired
- Familiarity with Maximo and Cognos preferred
- Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers
What You'll Get: In addition to competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
Where Putting The Customer First, Powers Everything We Do.
At AEP, we're more than just an energy company- we're a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities.
If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you!
Compensation Grade: SP20-006
Compensation Range: $74,551.00 - $93,188.50
The Physical Demand Level for this job is: S Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
American Electric Power$74.55k - $93.19k
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