2 Jobs in Hammond, IN
MSI Express is Hiring a Procurement Analyst Near Hammond, IN
ROLE PURPOSE/ POSITION SUMMARY
As a Procurement Analyst for MSI Express, you will play a crucial role in ensuring efficient customer material planning and optimizing organizational MRO (Maintenance, Repair, and Operations) consolidation opportunities. Your primary responsibilities will involve vendor/supplier management, cost management, and material flow to and within our facilities. By analyzing procurement data, identifying cost-saving opportunities, and implementing effective strategies, you will contribute significantly to the success and growth of our organization.
KEY ACCOUNTABILITIES/PRIMARY DUTIES & RESPONSIBILITIES
Customer Material Planning:
- Collaborate with sales and demand planning teams to understand customer needs and forecast requirements accurately.
- Analyze customer order patterns and historical data to optimize inventory levels and maintain optimal stock availability.
- Ensure timely procurement and delivery of raw materials and finished goods to meet customer demand and keep production lines up.
MRO Consolidation and Optimization:
- Identify opportunities for consolidating MRO purchases to streamline procurement processes and achieve cost savings.
- Collaborate with various departments to understand MRO requirements and standardize purchasing practices.
- Implement effective inventory management techniques to avoid stock outs and overstock situations.
Vendor/Supplier Management:
- Evaluate and maintain relationships with existing vendors/suppliers, ensuring adherence to quality, delivery, and pricing standards.
- Conduct supplier performance evaluations and negotiate favorable terms to maximize value for the organization.
- Source new suppliers when necessary, conduct supplier audits, and perform due diligence.
Cost Management:
- Monitor and analyze procurement data to identify cost-saving opportunities and areas for process improvement.
- Develop and implement cost reduction strategies without compromising quality or service levels.
- Track cost trends, fluctuations, and market dynamics to proactively address potential issues.
Material Flow Optimization:
- Optimize the material flow from suppliers to our facilities, ensuring efficient and timely deliveries.
- Collaborate with logistics and warehouse teams to streamline material handling and inventory management processes.
- Identify bottlenecks and implement solutions to improve overall material flow efficiency.
Data Analysis and Reporting:
- Collect, analyze, and interpret procurement data to generate meaningful reports and insights.
- Present findings to key stakeholders and management, providing recommendations for process improvements and cost optimization.
Any other relevant tasks as assigned.
PEOPLE MANAGEMENT RESPONSIBILITIES
This position currently has zero (0) direct reports.
QUALIFICATIONS/ CAPABILITY PROFILE
Minimum Education
High school diploma- Essential
Bachelor’s degree in related field- Desirable
Minimum Experience/Knowledge/ Skills/
Proven experience in procurement, vendor management, and cost optimization within the food manufacturing or related industry.-Essential
Strong analytical skills with the ability to interpret data and draw actionable conclusions.- Desirable
Familiarity with MRO consolidation techniques and inventory management best practices.- Desirable
Excellent communication and negotiation skills for effective vendor interactions.- Desirable
Proficiency in using procurement and supply chain software and tools.- Desirable
Detail-oriented with a proactive approach to problem-solving.- Desirable
Ability to work collaboratively in a team-oriented environment.- Desirable
Strong organizational and time management skills to handle multiple priorities effectively.- Desirable
Benefits:
- 401(k)
- Dental insurance
- Disability insurance (salary req only)
- Health insurance
- Life insurance
- Vision insurance
- Pet Insurance
- Accident Insurance
- Critical Illness Insurance
Company's website:
www.msiexpress.com
COVID-19 Precaution(s):
- Personal protective equipment provided
- Sanitizing, disinfecting, or cleaning procedures in place
Job Summary
Full Time
$70k-90k (estimate)
08/03/2023
05/12/2024
msiexpress.com
WEST CHICAGO, IL
1,000 - 3,000
1998
Private
PHIL LEIDIG
$50M - $200M
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About MSI Express
MSI Express is a provider of molding and packaging solutions to manufacturing industries.
The job skills required for Procurement Analyst include Procurement, Purchasing, Supply Chain, Planning, Pricing, Supplier Management, etc. Having related job skills and expertise will give you an advantage when applying to be a Procurement Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Procurement Analyst. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Procurement Analyst positions, which can be used as a reference in future career path planning. As a Procurement Analyst, it can be promoted into senior positions as a Gas Supply Manager that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Procurement Analyst. You can explore the career advancement for a Procurement Analyst below and select your interested title to get hiring information.
If you are interested in becoming a Procurement Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Procurement Analyst for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Procurement Analyst job description and responsibilities
Procurement analysts are typically required to have at least a bachelor’s degree.
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They are responsible in determining supply needs and researching potential suppliers.
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Also responsible I preparing cost-benefit analysis reports for review by managers.
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Procurement analysts evaluate products from vendors to determine which ones an organization should purchase.
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Procurement analysts should be able to build relationships with vendors and make purchasing decisions.
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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Procurement Analyst jobs
Develop financial procurement specialist skills.
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Procurement tactics negotiation skills.
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Knowledge of Data Analysis tools.
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Documenting business requirements is necessary and a must.
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Consider earning a master's degree.
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Step 3: View the best colleges and universities for Procurement Analyst.
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