Procurement Business Analyst

Staffmark Workforce Solutions offers this exciting contract opportunity at a global leader in electronics, mobile devices, and appliances located in Englewood Cliffs, NJ.

Procurement Business Analyst

• In-depth use and knowledge of MS Excel, Word, PowerPoint, SAP, Alteryx, and Tableau
• 0-2+ years' experience (or equivalent) in Procurement, Data Analysis, Audit, or Project Management

Position Description

The Procurement team delivers results to all divisions within Mobile and Consumer Electronics. As a shared service across functional areas, Procurement leads vendor management initiatives by working closely with business owners and internal Procurement team members. Identifies and implements best-in-class solutions to ensure purchasing, vendor management, and compliance requirements are met. The atmosphere within the team is high speed, high intensity, and high expectations.

The Procurement Business Analyst has overall responsibility for supporting the strategy for vendor registration, vendor performance evaluations, and continuous improvement for the company's indirect procurement operations. The right candidate will have knowledge/expertise in vendor management and/or evaluation functions, capable of executing the defined strategy. This position will work with multiple teams across geographies to drive improvements in operational systems, processes, and policies to drive best-in-class execution and vendor compliance.

Responsibilities

Responsible for executing procurement strategy to evaluate vendor risk and performance. This position will be responsible for indirect vendor registration and will manage the vendor performance evaluation process for marketing projects nationwide to ensure work is performed to the expected level of quality and satisfaction of marketing project owners. Additionally, the Procurement Business Analyst will support driving VERS (Vendor Management Portal) adoption and usage by working closely with HQ, audit, internal Procurement team members, and business owners. Finally, the position will also be responsible for strong analytical support and serving as the "go-to" individual acting as the primary liaison between Procurement, audit, and internal business areas to support collaborative Procurement/Finance, Audit & Marketing strategic initiatives.

Additional Responsibilities

• Manage the vendor onboarding process, working directly with prospective suppliers and business teams.
• Perform preliminary risk-based review of vendor onboarding requests and associated documents to ensure compliance with the company's policies.
• Own vendor master records in the company's ERP system.
• Provide guidance to business teams on the process required to register suppliers for the company's vendor pool.
• Work with Procurement and business teams to identify opportunities to improve the efficiency of the process and systems utilized for vendor onboarding.
• Generate reports from system and process data for tracking performance. Reporting includes advanced Excel function knowledge.
• Design and create presentations for team projects and status.
• Coordinate with internal stakeholders to perform annual performance evaluations for key company vendors.
• Build relationships with internal and external stakeholders, including suppliers, to gather and understand critical information for annual performance evaluations.
• Develop an improvement plan, a corrective action plan, or an escalation plan to properly address any discrepancies in performance found during evaluations.
• Record, track, and summarize performance evaluation data for reporting to top management.

Requirements

• Bilingual Korean required
• Bachelor's degree in Business Administration, Finance, Data Analytics, or a related field
• 0-2+ years' experience (or equivalent) in Procurement, Data Analysis, Audit, or Project Management
• In-depth use and knowledge of MS Excel, Word, PowerPoint, and SAP
• Ability to work independently, take initiative, and have strong prioritization skills to manage multiple projects simultaneously. Must be a strong team player and able to lead or participate in cross-functional teams
• This position demands a high degree of ethics and professionalism to ensure control of the company's expenditures
• Excellent analytical, planning, presentation design/creation, and written & oral communication skills
• Proven ability to influence others and drive meaningful change results

Staffmark talent working with this client receive competitive compensation and a great benefits package, including medical, dental, vision, 401K, and Paid Time Off plus more!