Procurement Analyst

Procurement Analyst (Hybrid)

Salary Range:  $70k-$80k

Overview

The Procurement Analyst will play a vital role in supporting Douglas Elliman’s  Procurement operations, helping us to secure the best value for goods and services while maintaining strong supplier relationships. This position is perfect for a highly organized and detail-oriented individual with a knack for problem-solving and a proactive approach. You'll be instrumental in managing contracts, analyzing supplier performance, identifying cost-saving opportunities, and ensuring smooth procurement processes. If you have 1-3 years of experience in Procurement or a related field and are looking to make a significant impact, we encourage you to apply. 

This is a hybrid position requiring 2-3 days in office in our midtown NYC office.

Responsibilities

• Contract management and renewal tracking of agreements with key business stakeholders
• Prepare regular reports on procurement metrics & supplier performance and supplier spend data analysis.
• Manage supplier information security onboarding process
• Develop and maintain strong relationships with existing suppliers and evaluate new potential vendors.
• Administration of DE Travel Portal
• Conduct regular performance reviews of suppliers and address any issues related to quality, delivery, or pricing
• Assist in negotiation of contracts to ensure favorable terms, pricing, and compliance with company policies.
• Identify cost-saving opportunities and implement initiatives to reduce operational expenses
• Administration of Zip Procurement Intake platform
• Other special projects

Education:

Bachelor's degree in Business Administration, Economics or a related field is preferred.

Experience:

1-3 years of experience in Procurement or Purchasing preferred.

Skills & Competencies:

• Communication (Verbal & Written): Excellent communication skills to interact clearly and concisely with internal stakeholders, suppliers, and other departments.
• Attention to Detail: Meticulousness in reviewing documents, contracts, and data to ensure accuracy and compliance.
• Organizational & Time Management: Strong ability to manage multiple projects simultaneously, prioritize tasks, meet deadlines, and maintain organized records.
• Data Driven:  Spend analysis, and benchmark comparisons to support vendor selection and negotiation processes.
• Collaboration & Interpersonal Skills: Establish strong relationships with internal stakeholders, including Legal, Security, IT, Marketing and business partners.
• Adaptability: Flexibility to adjust to changing market conditions, priorities, and new technologies.
• Strategic Thinking: Ability to consider the broader business objectives and align procurement activities with overall company strategy.
• Proactive: A forward-thinking approach to identify opportunities for improvement and take ownership of tasks.
• Customer Service Orientation: Understanding that internal departments are "customers" and a commitment to meeting their needs, while guiding them on early engagement with Procurement.