Procurement Analyst
Indexed description
Responsible for the execution of sourcing requisitions as assigned by the Procurement Director and is expected to process multiple active requisitions simultaneously, anticipating varying degrees of complexity and value. In addition, the role continues to own related executed contracts through to closeout and/or renewal
Sourcing:
- Reviews and processes requisitions of mid to high-level complexity, dollar amount,
criticality and priority independently, using RFP or go-to-market strategies.
- Proactively seeks opportunities to consolidate business requirements to leverage spend
and create opportunities to create value and cost savings.
- Utilizes demand management to control and track business unit requirements and internal purchasing operations and eliminate waste.
- Collaborates with Project Managers and internal stakeholders to validate Scope of Work
- Leads cross-functional meetings & collaboration activities across multiple stakeholders.
- Produces high quality award recommendations, summary documentation, or system
reference information for each requisition
- Drafts and distributes RFP documentation in accordance with applicable policies & procedures.
Contract Management and Administration:
- Partners with stakeholders and legal teams to negotiate contracts in a timely manner,
ensuring inclusion of appropriate commercial and operational terms.
- Develops recommendations for award based upon agreed upon criteria.
- Manages the full contract life cycle, including execution, change management, issue
resolution, renewal, and close out.
- Monitors contracts on a routine and as-needed basis to confirm goods and services were delivered and priced as planned, ensures continued compliance to MTA standards,
policies, and procedures.
- Identifies and resolves past-due POs, match exceptions, pricing and freight charge discrepancies.
EXPERIENCE:
BA/BS in Supply Chain Management, Procurement and Contract Management
Preferred 4+ years satisfactory full-time sourcing and contract management experience; Supply chain management, RFP market strategies, informal and formal solicitations, contract writing, negotiations, and contract administration.
- Knowledge of procure-to-pay process and procurement-related policies, procedures, processes and risks, and ability to apply that understanding to daily work
- Knowledge of ERP Purchasing applications and other procurement-related
software.
- Good interpersonal and organization skills, strong attention to detail.
- Works in diverse, cross-functional teams with limited guidance.
- Solicits differing opinions to ensure understanding of complex issues and acts in a
manner that builds and maintains trust.
- Solid judgment with ability to learn quickly and adapt to changing circumstances
- Strong analytical and problem solving skills.
- Proficiency in word processing, spreadsheet, and presentation software
applications.
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