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Lead Procurement Analyst
3 months ago
Brandt Group of Companies is seeking a Senior Procurement Analyst to join our dynamic team. This role serves as the primary liaison between Brandt and its essential suppliers. The ideal candidate will possess a strong ability to assess needs, explore supply alternatives, and uncover opportunities for cost savings and operational efficiencies, while securing optimal value in terms of pricing, product quality, and delivery timelines.
Key Responsibilities- Ensure optimal value in the procurement of goods and services, focusing on quality, dependability, pricing, and delivery schedules.
- Oversee daily procurement operations within the designated commodity sector.
- Leverage contracts established by Strategic Sourcing to acquire necessary materials and services.
- Identify and procure materials as needed.
- Engage in effective negotiations with suppliers to secure the best value, while resisting unwarranted charges for expedited orders and escalating unresolved negotiation challenges to the Supervisor.
- Generate purchase orders based on requests, requisitions, and production schedule analyses to guarantee timely delivery. Collaborate with manufacturing to prevent parts shortages.
- Manage purchase orders through to completion and address any related inquiries promptly.
- Adhere to established purchasing protocols.
- Identify and resolve procurement-related issues, escalating any persistent challenges to the Supervisor.
- Foster and enhance supplier relationships, addressing purchasing issues between departments and suppliers.
- Document supplier performance and conduct reviews as necessary.
- Support procurement initiatives and programs aimed at achieving business objectives and enhancing process efficiencies.
- Address Accounts Payable concerns related to supplier deliveries.
- Continuously expand market knowledge.
- Maintain Purchase Price Variance of production materials within acceptable limits as per policy.
- Ensure purchases of services and project materials remain at or below budget.
- Monitor On-Time Delivery rates for managed suppliers.
- Evaluate outcomes of Cost Reduction and Cost Avoidance initiatives undertaken by the individual.