Procurement Analyst

This is a fully remote position, open to applicants in Illinois, +1 more state.

📋 Description

• Oversee forecasts for finished goods inventory and create replenishment plans aligned with stocking strategies and inventory regulations.

• Implement purchase orders to align with replenishment plans and adapt to fluctuations in customer demand.

• Procure goods to support stocking strategies and uphold a strategic inventory position.

• Manage purchasing operations in SAP, which includes placing and confirming orders as well as expediting to meet customer demands.

• Issue cost-effective purchase orders based on lead times.

• Cultivate vendor relationships and address issues related to delivery, price discrepancies, minimum orders, and logistics.

• Provide ongoing feedback regarding critical vendors.

• Regulate inventory levels to achieve days-of-supply targets while minimizing slow-moving, excess, and obsolete stock.

• Maintain essential supply chain data for forecasting, customer communications, and product planning purposes.

• Reconcile invoices as necessary.

• Assess forecasts and master data to bridge supply gaps before they impact customers.

• Evaluate inventory and delivery challenges and propose solutions.

• Coordinate with manufacturing, customer service, quality assurance, marketing, sourcing, and operations teams regarding product availability and delivery timelines.

• Enhance supply chain responsiveness by managing lead times and collaborating with stakeholders.

• Develop and implement best practices for inventory planning and business strategies.

• Carry out additional duties as assigned, with or without accommodation.

⛳️ Requirements

• Bachelor's degree in Business, Supply Chain, or a related field, or an equivalent combination of education and experience.

• A minimum of one (1) to three (3) years of experience in a supply chain-related field is required.

• Proficiency in using an ERP system for planning, procurement, and operations (SAP preferred).

• Strong analytical and interpersonal skills, with the ability to effectively function in a team setting.

• Exceptional multi-tasking abilities, along with follow-up and execution skills.

• Proven capability to effectively plan and oversee multiple SKUs.

• Outstanding problem-solving skills.

• Excellent time management and prioritization abilities.

• Capability to work efficiently under pressure and within tight deadlines or time-sensitive constraints.

• Strong listening skills.

• Proficient written and verbal communication skills.

• A strong sense of urgency, initiative, and motivation.

• Detail-oriented and focused on solutions.

• Understanding of the financial implications of variances, purchase prices, and inventory investments.

• Excellent computer skills and the ability to swiftly learn new systems.

• Strong drive for achieving results.

• Proficient in Microsoft Office Suite, including Excel, Word, and PowerPoint.

🏝️ Benefits

• Learning opportunities aimed at promoting career growth and success.

• A diverse, equitable, and inclusive workplace culture.

• Equal employment opportunity and support for reasonable accommodations.