Procurement Analyst
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Job Description
Position Description:
The Global Procurement Analyst will work with other Procurement team members to enhance the effectiveness and capabilities of the Global Procurement Department. The role will be accountable for Procurement data-centric opportunity and performance tracking and provide data and insights to inform decision-making. The position will frequently interface with individuals from multiple functions, with particularly strong ties to Finance.
As this role will work on several different initiatives simultaneously, this individual will need to demonstrate strong personal organizational skills and the ability to manage competing priorities. The preferred candidate should have strong analytical, communication, and personal organizational skills to support the Global Procurement group.
The position will be a centralized resource responsible for supporting general Procurement operations across various sites and regions, with emphasis on cost and spend productivity analytics, supplier performance reporting and metrics, risk elements, and project management.
Responsibilities:
Spend Visibility, Analytics, and Reporting
Master use of Spend Visibility tools such as Sievo, PowerBI, and Celonis
Monitor KPIs and produce monthly packages for Procurement LT and other cross-functional forums
Collaborate with Finance to validate and report monthly PPV, Value Capture, and other procurement metrics across assigned divisions and plants
Support annual, quarterly, and monthly budgeting, forecasting, and planning cycles
Collaborate with broader procurement team to develop, maintain, or enhance procurement dashboards and reporting tools
Material Cost, Delivery, and Risk Management
Support the effective maintenance of accurate material cost, lead times, and other relevant procurement elements (MOQ, EAU, LTB, etc…)
Conduct periodic Bill of Material (BOM) cost analysis for instruments and consumables raw materials, subassemblies, and finished goods
Maintain cost models and provide scenario analysis to support negotiations and sourcing decisions
Develop and support should-cost models and cost breakdown analysis for critical components and assemblies
Support Cost Reduction, Value Analysis/Value Engineering (VAVE), and Design-to-Value (DtV) projects
Tariff, Duties, and Trade Cost Management
Monitor global tariffs, import/export duties, trade regulations, and geopolitical developments impacting procurement costs
Partner with Global Trade, Logistics, and Finance teams to ensure accuracy in budgeting, forecasting, and actuals reporting
Track implementation and effectiveness of tariff mitigation initiatives, including supplier relocation, dual sourcing, country-of-origin optimization, and duty drawbacks.
Prepare executive summaries regarding trade risks and exposu
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