Procurement Analyst
Job Posting End Date
11-18-2024Please 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:
SP20-006Compensation Range:
$70,961.00-88,700.50 USDIt 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.-
OUR BENEFITS
In addition to your base pay, AEP offers annual incentive pay and Total Rewards package that includes a 401(k) retirement savings plan, a "Cash balance" pension plan, generous paid time off and comprehensive and affordable healthcare plans.
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DIVERSITY, EQUITY & INCLUSION
We're committed to a culture where differences are valued and recognized as a significant positive influence on AEP's ability to serve our employees, customers, suppliers and other key stakeholders.
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TEST PREPARATION
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