Procurement Analyst I

Job description

About the Role The successful Procurement Analyst supports the stocking and or drop ship procurement processes and relationships with all stakeholders to effectively support sales and Product Marketing revenue and profit objectives. Additionally, this role manages and protects the inventory assets of the company to minimize inventory related financial exposure such as low turn products, aging issues, excess stocking levels, days of stock, etc and aligns with PM to execute on plans and methods to achieve high customer (internal and external) and vendor satisfaction relative to inventory and asset management. Salary: $57,800/yr. Shift 8am-5pm: What You'll Do: - Analyze, evaluate, and collaborate with PM on buy opportunities offered by vendors and those beyond regular run rate buys to optimize financial benefit - Effectively manage inventory to achieve overall department objectives for on-hand inventory, days of supply and aged stock. Collaborate with PM on action plan to mitigate risk, manage excess, constraints, and low turn - Negotiate exceptional returns to address excess and other terms as required - Manage dropship billing for timely and accurate revenue recognition - Ensure adh...