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Procurement Analyst

$84.44k - $90.47k

American Electric Power

Job Posting

Serves as the subject matter expert in the development of sourcing strategy associated with the procurement of labor, service, material and equipment needs supporting business unit functions. Understands key business interests of AEP and third parties in the development and writing of the business deal. Applies negotiation techniques and methods to sourcing and contracting objectives. Manages supplier performance, contract compliance, risk, and other areas that support over-arching category management strategies. Leads cross-functional teams and may direct lower level activities associated with sourcing, contracting or operational efforts.

Job Description

What you'll do:

  • Assesses business requirements, and matches procurement plans accordingly.
  • Executes sourcing strategies based on category manager guidance and leading practices.
  • Leverages market, supplier, and spend analyses to inform category strategies and competitive solicitations (e.g. RFXs).
  • 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.
  • Coordinates with key suppliers and business partners on the delivery of high-value manufactured equipment and materials, including any transportation and storage requirements.
  • Leverages contract knowledge to mitigate risks and maximize contract value.

What we're looking for:

Procurement Analyst SG6

Education: Bachelor's degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.

Experience: In addition to any experience required above, 3 years of relevant customer service and/or procurement experience required.

Procurement Consultant SG7

Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field.

OR 6 years of relevant work experience

Experience: In addition to any experience required above, 5 years of relevant work experience, including experience working with cross-functional teams is required. Supply chain category management experience, preferably within the utility, manufacturing, or construction industry preferred.

In addition:

  • Excellent analytical, problem-solving, and time management skills desired

Where you'll work:

  • All roles are on site effective June 1, 2025.
  • This role will sit on site in New Albany, Ohio.

What you'll get:

Procurement SG6 ($84,443-90,474.50)

Procurement Consultant SG7 ($85,081-106,353)

In addition to a 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 Data

Compensation Grade: SP20-007

Compensation Range: $85,081.00-106,352.50 USD

The Physical Demand Level for this job is: S Sedentary Work: Exerting up to 10 pounds of force occasionally and/or a negligible amount of force frequently 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.

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Vacancy posted 15 hours ago
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