Senior Procurement Analyst

Job Summary

The Sr. Procurement Analyst, ERFx is responsible for developing, launching, and managing ERFx events for all product categories tendered by NAPA. The Sr. Procurement Analyst partners with internal stakeholders (Sourcing, Category Mgmt., Procurement, Contracts, Supply Chain and Finance) on the strategic procurement process to develop, implement, and continuously improve e-procurement tools, processes, and systems while ensuring accuracy of NAPA's spend baseline. Conduct bid analysis and scenarios based on cost-component or product level vendor bids to maximize financial benefit or meet business stakeholder objectives for the category. Analyze and quantify financial benefit / tradeoffs as the outcome of multi-round eRFX events.

Responsibilities

• Leverages NAPA's ERFx tool (Coupa) to execute RFI, RFP, RFQ initiatives while managing the end-end Tender bid process to drive smooth e-procurement events resulting in significant financial savings for the organization.

• Clearly defines baseline spend and Back-end programs to support ERFx Bid analysis and cost savings projections.

• Responsible for supporting the development of a priority list of high-spend and high-value procurement projects to drive improved costing through the procurement pipeline, backed by analytical tools (e.g., should cost models, commodity indexes) partnering with NAPA's Cost Manager.

• Develop fact-based recommendations on ideal timing and extent of e-sourcing events, staggering of events, etc. based on market conditions and cost / spend trends.

• Analyze the supply market leveraging Tools available as well as the global supplier landscape in partnership with business or global sourcing stakeholders to identify potential new vendors to contact, qualify for sourcing events.

• Conduct deep dives into specified categories of spend that might uncover insights related to sourcing event / bid readiness (e.g., eRFP) in light of market conditions.

• Maintain repository of category and SKU-level spend information including COGS, funding, etc.; evaluate trends over time Support Category Management team and Procurement Analyst as needed.

• Develop detailed eRFX templates that will allow accurate and timely bid comparisons before going live on selected event platform (e.g., Coupa).

• Follow-up with suppliers, category managers, sourcing, or engineering to collect any missing specs or baseline cost, volume, spend, etc. information critical to include in eRFX.

• Develop a supplier communications plan, coach category managers and cross-functional stakeholders to better understand and articulate (e.g., to suppliers) the use of eRFX tools and systems during live or multi-stage sourcing events.

• Conduct bid analysis and Business Award scenarios based on cost-component or product level vendor bids to maximize financial benefit or meet business stakeholder objectives for the category.

• Ensure ERFx timelines are met.

Qualifications

• Bachelor's degree in engineering, business, operations, or related disciplines required 2-3+ years of technical / financial analysis experience required; prior experience in sourcing or procurement a plus Familiarity and comfort with end-to-end sourcing process and value chain required; retail industry experience.

• Prior experience with eRFX tools and platforms required (e.g., Coupa, Ariba, Jaggaer)

• Knowledge, Skills, and Abilities Comfortable with a broad range of research tools and technologies, analytics, and detailed financial analyses and modeling skills Proficiency with scenario analysis and synthesis of scenario-based / what-if modeling

• Deep knowledge of the full procurement life cycle and value chain

• Expertise with eRFX tools like Ariba and Coupa Ability to multitask, gather data from multiple sources, prioritize, and manage/manipulate data.

• Ability to think analytically/spatially and make assumptions/recommendations based on limited information.

• Ability to work in a fast-paced environment, stay organized, and deliver quality deliverables.

• Strong communication, interpersonal skills in managing various internal stakeholders,

• Must be a dedicated team player, capable of working independently, and self-motivated.

Work Experience &/or Education

• Bachelor's degree in engineering, business, operations, or related disciplines required.
• 2-3+ years of technical / financial analysis experience required; prior experience in sourcing or procurement a plus Familiarity and comfort with end-to-end sourcing process and value chain required; retail industry experience preferred Prior experience with eRFX tools and platforms strongly preferred (e.g., Coupa, Ariba, Jaggaer)

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