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Procurement Analyst

2 months ago

pittsburgh, United States Powercast Corporation Full time

Job Title: Procurement Analyst

Location: Pittsburgh PA

Company: Powercast

Job Type: Full-Time

Position Overview:

We are seeking an analytical and detail-oriented Procurement Analyst to join our team. This role is critical in managing and optimizing procurement activities, with a focus on cost analysis, Bill of Materials (BOM) reporting, inventory tracking, and component pricing. The ideal candidate will play a key role in ensuring that our procurement strategies align with our financial goals and operational requirements.

Key Responsibilities:

  • Manage and update Bill of Materials (BOM) pricing, ensuring all component prices are accurate and reflective of current market conditions.
  • Collaborate with suppliers and internal teams to negotiate and maintain competitive component pricing, while ensuring quality standards are met.
  • Track and monitor costs related to procurement, inventory, and production, identifying trends and opportunities for cost savings.
  • Oversee daily inventory levels to ensure optimal stock availability, reducing both excess inventory and potential shortages.
  • Conduct regular inventory audits and collaborate with Finance and Operations to optimize inventory flow and minimize carrying costs.
  • Ensure accurate documentation and reporting of inventory data, supporting decision-making and operational efficiency.
  • Evaluate component costs regularly, maintaining detailed records and adjusting pricing strategies as necessary to align with market trends.
  • Provide regular updates and reports on cost tracking, inventory status, and component pricing to support strategic planning and operational improvements.
  • Support the daily coordination of procurement activities, working closely with Project Management, Operations and Finance to ensure smooth operations.
  • Assist in troubleshooting issues and implementing process improvements to enhance efficiency and cost-effectiveness.
  • Ensure all processes adhere to company policies, quality standards, and regulatory requirements.


Qualifications:

  • Bachelor’s degree in Supply Chain Management, Business, Finance, or a related field.
  • 2+ years of experience in procurement, supply chain, or a related role.
  • Strong analytical skills with experience in cost analysis and BOM management.
  • Proficiency in procurement software and Microsoft Excel.
  • Excellent attention to detail and organizational skills.
  • Strong communication and negotiation skills, with the ability to work effectively with suppliers and cross-functional teams.

What We Offer:

  • Competitive salary and benefits package.
  • 401K
  • Stock Options
  • Opportunities for professional growth and development.
  • A collaborative work environment committed to continuous improvement and excellence.

How to Apply:

Interested candidates should submit their resume and a cover letter detailing their relevant experience to Dbindyke@powercastco.com

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