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Cornerstone Chemical Company
Waggaman, LA | Full Time
$64k-81k (estimate)
7 Months Ago
Procurement Analyst
$64k-81k (estimate)
Full Time | Durable Manufacturing 7 Months Ago
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Cornerstone Chemical Company is Hiring a Procurement Analyst Near Waggaman, LA

Position SummaryThe Procurement Analyst will be pivotal in supporting the procurement team by analyzing purchasing data, identifying cost-saving opportunities, and optimizing the company’s purchasing activities. This role will involve scrutinizing procurement processes, managing supplier data, and providing analytical support to ensure strategic sourcing and cost-saving objectives are achieved.
Major Responsibilities
  • Data Analysis and Reporting:
  • Analyze procurement data to identify patterns and opportunities for cost savings and efficiency improvements.
  • Develop and maintain regular procurement performance reports to assist in decision-making.
  • Supplier Management:
  • Assist in managing supplier relationships and maintain supplier data, including pricing, contracts, and performance metrics.
  • Evaluate supplier performance and ensure adherence to agreed-upon terms and conditions.
  • Cost Management:
    • Identify opportunities for cost reduction through data analysis and market research.
    • Support the negotiation of contracts and agreements to ensure cost-effectiveness.
  • Process Improvement:
    • Analyze current procurement processes and suggest improvements for enhanced efficiency and effectiveness.
    • Assist in implementing new procurement processes and systems.
  • Market Research:
    • Conduct market research to stay abreast of market trends and assist in identifying new potential suppliers.
    • Analyze market and delivery systems to assess present and future material availability.
  • Collaboration:
    • Collaborate with internal departments to forecast future product needs and assist in developing a strategic procurement strategy.
    • Work closely with the procurement team to understand and support the achievement of strategic objectives.
Key Skills
  • Analytical Skills: Ability to analyze data and trends to identify potential opportunities and strategies.
  • Technical Proficiency: Experience with MS Office Suite and data analysis tools.
  • Problem-Solving: Ability to address issues and challenges with effective solutions.
  • Attention to Detail: Ensure accurate and compliant data management and procurement processes.
  • Communication Skills: Strong verbal and written communication skills to effectively convey findings and strategies to stakeholders and team members.
  • Team Collaboration: Ability to work effectively within a team and with other departments.
  • Strategic Thinking: Ability to understand and interpret business needs to identify procurement opportunities.
Basic Qualifications
  • 1 year of experience or internship/Co-op in procurement or finance, preferably in an analytical role.
  • Proficiency in data analysis and reporting.
  • Experience with procurement software and tools.
  • Knowledge of procurement processes and strategic sourcing.
Additional Qualifications
  • Experience in the chemical industry or related field.
  • Proficiency with SQL, Tableau, or Power BI.
  • Experience with Maximo or Microsoft AX.
Education
  • Bachelor’s degree in Business, Supply Chain Management, Finance, or related field (minimum).
  • Master’s degree in Business, Supply Chain Management, Finance, or related field (preferred).
Cornerstone Chemical Company is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$64k-81k (estimate)

POST DATE

11/01/2023

EXPIRATION DATE

07/01/2024

WEBSITE

cornerstonechemco.com

HEADQUARTERS

WESTWEGO, LA

SIZE

500 - 1,000

FOUNDED

2011

TYPE

Private

CEO

GREG ZOGLIO

REVENUE

<$5M

INDUSTRY

Durable Manufacturing

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Cornerstone is a chemical manufacturer that engages in the production and distribution of acrylonitrile, melamine, urea and sulfuric acid.

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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.

02/18/2022: Salt Lake City, UT

Procurement analysts should be able to build relationships with vendors and make purchasing decisions.

02/27/2022: Monroe, LA

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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