Highlights
Data analysis, strategic sourcing, supply chain optimization, report development, risk mitigation
Description
Job Summary
pWe are seeking a Procurement Intelligence Analyst to join our dynamic team. This role is critical in enhancing procurement strategies and optimizing supply chain performance through data-driven insights and strategic sourcing.
Responsibilities
- Data collection and integration from multiple internal and external sources
- Spend analysis to identify cost-saving opportunities
- Supplier performance evaluation based on key performance indicators (KPIs)
- Dashboard and report development using Power BI, Tableau, or Excel
- Forecasting demand and price fluctuations for procurement needs
- Ensuring compliance with procurement policies
- Providing insights into specific procurement categories or commodities
- Risk identification and mitigation strategies
- Process improvement support through data analysis
Required Skills
- Data Visualization Tools (Power BI, Tableau)
- SQL and Database Querying
- ERP Systems Experience (SAP, Coupa)
- Data Cleaning & Automation using Alteryx or Python
- Business Analytics with a focus on Procurement
Required Skills Explained
- Data Collection & Integration: Gathering procurement and spend data from various sources, ensuring accuracy and consistency.
- Spend Analysis: Analyzing purchasing patterns to identify cost-saving opportunities, maverick spend, and consolidation prospects.
- Supplier Performance Evaluation: Monitoring suppliers based on KPIs such as delivery performance, quality, cost, and responsiveness.
- Dashboard & Report Development: Creating and maintaining dashboards and reports using tools like Power BI, Tableau, or Excel to visualize procurement metrics and performance.
- Forecasting & Trend Analysis: Using historical data and market trends to predict demand, price fluctuations, and procurement needs.
- Compliance & Policy Monitoring: Ensuring adherence to procurement policies by tracking deviations and highlighting non-compliant activities.
- Category & Commodity Insights: Providing deep insights into specific procurement categories or commodities to support category management and sourcing strategies.
- Risk Identification & Mitigation: Using data to identify potential supply chain risks and recommending mitigation strategies.
- Process Improvement Support: Identifying inefficiencies in procurement processes and recommending data-driven improvements.
- Stakeholder Collaboration: Working closely with category managers, finance, and leadership teams to provide analytical support and drive informed procurement decisions.
Who is this for
pThis role is perfect for individuals who are passionate about supply chain management and have a strong analytical background. You should enjoy working in a data-driven environment where you can leverage your skills to drive business performance.
Why This Job is a Good Opportunity
ulliOpportunity for significant impact on company operations through strategic sourcing and process optimization.liPotential to work on cutting-edge data visualization tools like Power BI, Tableau, and SQL.liStrong focus on analytics and data-driven decision-making provides growth in technical and analytical skills.liEngaging with a dynamic team that values innovation and continuous improvement.liCompetitive compensation package with opportunities for advancement within the company.
Interview Preparation Tips
- Prepare examples of how you have successfully analyzed data to improve procurement strategies in previous roles.
- Familiarize yourself with Power BI, SQL, and other relevant tools mentioned in the job description.
- Research Koch Industries’ philosophy on entrepreneurship and explain why it resonates with your career goals.
- Discuss specific ways you can contribute to process improvements within a procurement department.
- Prepare questions about the team structure, project expectations, and how success will be measured in this role.
Career Growth in This Role
pThis role offers numerous opportunities for career advancement. As you gain experience and demonstrate your ability to drive cost savings and operational efficiency through data analysis, you may transition into more senior positions within the procurement intelligence team or move into broader strategic roles across the company. The focus on analytical skills and data-driven decision-making provides a strong foundation for moving into areas such as supply chain management or business analytics.pAdditionally, Koch Industries’ culture of empowerment encourages employees to take ownership of their projects and drive meaningful change. This creates an environment where high performers can quickly advance based on demonstrated success and leadership potential.
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Skills
Frequently Asked Questions
What is the preferred educational background?A Bachelor’s degree in Supply Chain Management, Business Analytics, or related fields is required; a Master’s degree is preferred.
Do I need experience with specific data visualization tools?Yes, proficiency in Power BI or Tableau is highly beneficial for this role.
What kind of work environment can I expect?We offer a dynamic and entrepreneurial work environment where you will have the opportunity to drive meaningful change in procurement strategies.
