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Procurement Analyst

Location: Columbus, OH (Hybrid)
Category: Procurement
Posted: 11/04/2024
ID: R4977

Job Posting End Date

11-18-2024

Please note the job posting will close on the day before the posting end date

Job Summary

Supports Procurement Consultants, Procurement Specialists, and Category Managers in the execution of sourcing and contracting initiatives.  Supports analytical work including but not limited to: spend analytics, market complexity, data collection, performance metrics, risk considerations, pricing, total cost of ownership, demand planning, and reporting. Assists with sourcing strategy development, decision making, and contract negotiations. May lead or direct less complex sourcing activities.

Job Description

ESSENTIAL JOB FUNCTIONS:

Conducts market research and analyzes performance metrics to support strategy and decisions regarding suppliers and markets.

Conducts research and analysis on spend and prior contracts to assist with contract negotiation.Develop and utilize various models (e.g., pricing, total cost ownership).  

Builds and maintains reports to streamline analysis.  Supports bid analysis, as needed.

Communicates findings and recommendations of research and analysis to Supply Chain, Procurement, and Fleet Operations (SCPFO) and business partners.

Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction. 

MINIMUM REQUIREMENTS:

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;

OTHER REQUIREMENTS:

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

Familiarity with Maximo and Cognos preferred

Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers

Compensation Data

Compensation Grade:

SP20-006

Compensation Range:

$70,961.00-88,700.50 USD

It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all aspects of the employer‐employee relationship including recruiting, hiring, upgrading and  promotion,  conditions  and  privileges  of  employment,  company  sponsored  training  programs, educational assistance,  social and  recreational  programs,  compensation,  benefits,  transfers,  discipline, layoffs and termination of employment to all employees and applicants without discrimination because of  race, color,  religion,  sex, age, national origin, ethnicity, ancestry, veteran or military  status, disability, genetic information, sexual orientation, gender identity, or any other basis prohibited by applicable law. When required by law, we must record certain information to be made part of an Affirmative Action Plan. Applicants for employment may also be invited to participate in the Affirmative Action Program by self-identifying their Race or Ethnic Identity.