Procurement Analyst

This is a fully remote position, open to applicants in Massachusetts.

📋 Description

• Oversee forecasts for finished goods inventory and create replenishment plans in line with stocking strategies and inventory policies.

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

• Handle purchasing operations in SAP, which includes placing, confirming, and expediting purchase orders.

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

• Manage vendor relationships and address issues related to delivery, price discrepancies, minimums, and logistics.

• Provide insights on key vendors to ensure adherence to agreed performance standards.

• Control inventory levels to achieve days-of-supply objectives and mitigate slow-moving, excess, and obsolete stock.

• Maintain supply chain data for forecasting, customer engagement, and product planning.

• Reconcile invoices as needed.

• Assess forecasts and master data to address supply gaps before they affect customers.

• Evaluate inventory and delivery challenges and propose solutions.

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

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

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

• Perform additional duties as assigned.

⛳️ 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 role is required.

• Proficient in utilizing an ERP system for planning, procurement, and operations; experience with SAP is preferred.

• Strong analytical abilities and interpersonal skills.

• Capability to work effectively within a team environment.

• Exceptional multitasking, follow-up, and execution capabilities.

• Proficient in planning and managing multiple SKUs.

• Excellent problem-solving, time management, prioritization, listening, written, and verbal communication skills.

• Strong sense of urgency, initiative, and motivation.

• Detail-oriented with a solution-focused mindset.

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

• Excellent computer skills with a quick aptitude for learning new systems.

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

🏝️ Benefits

• Learning opportunities to foster career advancement and success.

• A diverse, equitable, and inclusive workplace culture.

• Equal employment opportunity protections.

• Reasonable accommodations during the employment process.