What are the responsibilities and job description for the Procurement Analyst position at PCS Company?
Position Summary
Responsible for managing the procurement process related to assigned suppliers, ensuring cost-effective purchasing decisions, and optimizing supplier performance. Analysts will conduct data analysis, monitor supply chain trends, support the negotiation of contracts, and identify opportunities for improving procurement strategies to contribute to the overall success of PCS Company.
Principle Responsibilities
• Analyze purchasing data to track and assess procurement trends, and cost-saving opportunities.
• Monitor and manage supplier delivery and quality performance.
• Evaluate and maintain strong relationships with current suppliers, ensuring the best value, quality, and delivery terms. Assist with supplier selection and qualification processes.
• Assist in preparing, reviewing, and retaining contracts, agreements, and certificates to ensure compliance with company policies, legal requirements, and financial objectives.
• Monitor inventory levels and collaborate with relevant departments to forecast and manage procurement needs.
• Conduct market research to identify potential suppliers, and assist with new product offering launches.
• Develop and execute cost-reduction strategies without compromising on quality and delivery timelines.
• Process purchase orders and track orders to ensure timely and accurate delivery of goods and services.
• Prepare regular procurement performance reports for management, highlighting key metrics and potential areas for improvement.
• Maintain supplier pricing database through the Price Change Notice (PCN) and Purchase Price Variance (PPV) processes.
• Continuously assess and recommend improvements to procurement processes, systems, and policies to enhance efficiency.
• Conducts supplier site visits as required including domestic and international travel.
• Keeps management informed of area activities and significant opportunities, problems, or concerns.
• Troubleshoot and resolve issues related to the procurement function.
• Performs other duties as required.
Skills Required
• Strong knowledge of procurement principles, practices, and tools.
• Excellent analytical skills with proficiency in data analysis and reporting.
• Highly proficient with business software and tools (e.g., ERP systems, data visualization tools, Microsoft Excel).
• Strong negotiation skills and ability to manage supplier relationships.
• Ability to manage multiple tasks and work under tight deadlines.
• Exceptional attention to detail and problem-solving abilities.
• Strong communication and interpersonal skills.
Education
Bachelor’s Degree in Procurement, Supply Chain Management, and/or General Business preferred, but not required.
Work Experience
5 years of equivalent experience.
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P.C.S. Company (“PCS”) complies with the California Consumer Privacy Act (“CCPA”), California Privacy Rights Act (“CPRA”), and other applicable privacy laws. We may collect the following categories of personal information for purposes of the application and hiring process: name and contact information (phone number; mailing address; email address(es)); education and qualifications; employment history and experience; LinkedIn profile; and other information voluntarily provided by the applicant. Under the CCPA and CPRA, California residents have the right to know, correct, delete, and/or limit the use of certain information collected by PCS. For further information, see our full privacy policy at PCS Company - Privacy Notice for California Residents (pcs-company.com). If you have any concerns, please send an email to hr@pcs-company.com.