Procurement Data Analyst

3 days ago


Chicago, United States The Judge Group Full time

Associate Principal, Sourcing Data Insights

Salary: 890-110K + bonus

Hybrid – Chicago, IL


What You'll Do:

The Associate Principal, Sourcing Data Insights will play a crucial role in developing quantitative methods to govern the procurement process. This includes designing a scorecard for the Strategic Sourcing function, creating and maintaining reports for managing procurement activities, and designing processes for intake and resource allocation. This role offers extensive collaboration opportunities with cross-functional teams. By working closely with Strategic Sourcing, IT, Finance, Legal, PMO, Data Governance and Operations, you can represent the department across the company and drive data-driven decision-making for Strategic Sourcing.


  • Implement processes to collect, manage and analyze procurement data, ensuring the organization has the necessary infrastructure for effective data-driven decision making.
  • Generate and communicate regular performance and resource allocation reports that translate procurement process data into actionable insights for internal teams and external stakeholders.
  • Represent the Strategic Sourcing function by thoroughly assessing and validating all new intake requests, incorporating feedback from diverse stakeholders and customers.
  • Exercise strong judgment to determine the most suitable approach for each project and engage the necessary stakeholders for productive discussions.
  • Maintain a deep understanding of the department scope and sourcing strategies to navigate ambiguous situations/requests and collaborate with the appropriate stakeholders to solve challenges.
  • Integrate data and resulting insights into procurement processes: Collaborate with procurement team and IT to embed analytics tools into the procurement workflow (such as for spend analysis and forecasting, savings analysis, supplier information gathering and analysis for selection, pricing and contract analytics, benchmarking, compliance to sourcing strategies and bid analysis).


Technical Skills:

  • 3+ years’ experience using an ERP system, using data visualization tools, and administering Sharepoint sites.
  • Familiarity with analytics capabilities built into procurement-specific software, such as Oracle Fusion.
  • Prefer experience in one or more of the following: ServiceNow, Archer, Apptio, Power BI, and/or Tableau.
  • Advanced knowledge of Microsoft Office products and applications (Excel, PowerPoint, Word, Visio, etc.)


Certifications:

  • [Preferred] Procurement or Sourcing Professional Certification or in Data Analytics


Education & Training:

  • 3+ years preferred experience in procurement roles involving strategic sourcing, procure-to-pay, supplier performance measurement, or in supply chain management roles.
  • 3+ years of experience working cross functionally with tech and non-tech teams
  • 2+ years preferred in project management office, and/or developing, implementing, and evaluating new and revised methods, procedures, and performance standards.
  • 3+ years preferred experience in the financial services industry.
  • Bachelor’s degree in business management, supply chain, data science, information technology or a related field, OR an equivalent combination of experience, skills, training and education.
  • Optional: Certifications in data science, business analytics, or supply chain are beneficial.

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