What are the responsibilities and job description for the Procurement Analyst position at American Electric Power?
Job Posting End Date
04-26-2026
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
Where Putting the Customer First Powers Everything We Do!
What You'll Do:
Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
Experience: In customer service and/or procurement helpful.
Additional Expectations:
Expected Salary: $82,000.00-$92,000.00/Year (USD)
In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
Compensation Data
Compensation Grade:
SP20-006
Compensation Range:
$74,551.00 - $93,188.50
The Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
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It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects 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 (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.
04-26-2026
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
Where Putting the Customer First Powers Everything We Do!
What You'll Do:
- 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.
Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
Experience: In customer service and/or procurement helpful.
Additional Expectations:
- 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
Expected Salary: $82,000.00-$92,000.00/Year (USD)
In addition to a competitive compensation, AEP offers a unique comprehensive benefits package that aims to support and enhance the overall well-being of our employees.
Compensation Data
Compensation Grade:
SP20-006
Compensation Range:
$74,551.00 - $93,188.50
The Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.
Hear about it first! Get job alerts by email. Log in to your Candidate Home Account today! If you don't have an account, you can create one.
It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects 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 (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.
Salary : $82,000 - $92,000