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Procurement Intelligence Manager
4 months ago
*** Remote flexibility with quarterly travel to Milwaukee, WI***
The Procurement Intelligence Manager will be responsible for leveraging data analytics and market intelligence to drive strategic procurement decisions and optimize procurement processes. The ideal candidate will have 5-10 years of experience in procurement and data analysis, with a strong ability to transform data into actionable insights that support strategic sourcing, supplier management, and risk mitigation.
Key Responsibilities:
Data Collection and Analysis:
- Collect, analyze, and interpret procurement data from internal systems and external sources.
- Develop and maintain dashboards and reports to monitor procurement performance and supplier metrics.
Strategic Sourcing Support:
- Provide data-driven insights to support strategic sourcing initiatives, including supplier selection and contract negotiations.
- Identify cost-saving opportunities and process improvements through detailed data analysis.
Market Research and Benchmarking:
- Conduct market research to gather intelligence on industry trends, supplier performance, and competitive pricing.
- Benchmark procurement performance against industry standards to identify areas for improvement.
Supplier Relationship Management:
- Analyze supplier performance data to evaluate supplier reliability, quality, and compliance.
- Support supplier relationship management by providing insights into supplier performance and risk.
Risk Management:
- Identify and assess procurement-related risks, including supply chain disruptions and geopolitical factors.
- Develop strategies to mitigate identified risks and enhance procurement resilience.
Process Optimization:
- Analyze procurement processes to identify inefficiencies and recommend improvements.
- Drive initiatives to optimize procurement workflows and enhance operational efficiency.
Qualifications:
- Education: Bachelor’s degree in Business, Supply Chain Management, Data Analytics, or a related field. Master’s degree or relevant certifications (e.g., CIPS, CPIM) preferred.
- Experience: 5-8 years of experience in strategic sourcing, procurement, data analytics, or a related role, with demonstrated expertise in data analysis and procurement processes.
- Technical Skills: Proficiency in data analysis tools and software (e.g., Excel, Power BI, Tableau, SQL). Experience with procurement software (e.g., SAP Ariba, Coupa) is preferred .
- Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret complex data and provide actionable insights.
- Communication Skills: Excellent communication and presentation skills, with the ability to convey data insights to both technical and non-technical audiences.
- Attention to Detail: Strong organizational skills and attention to detail, with a focus on accuracy and data integrity.
- Collaboration: Ability to work collaboratively with cross-functional teams and engage effectively with stakeholders.