Procurement Analyst Job at Ignyte AI in Canton

Job Summary

Position supports value creation, strategic sourcing and process improvement initiatives across Procurement to optimize Point32Health spend. The ideal candidate will possess: 1). 1-3+ years of experience participating in strategic sourcing and operational/value generating initiatives 2). knowledge across various sourcing categories 3). strategic, analytical, and interpersonal skills to act as a change agent 4) ability to collect, clean, analyze, and interpret data sets in order to answer questions, solve problems, and provide insights that support business decisions.

Analytical skills, business acumen, communication skills, and the ability to work with analytical tools (e.g., Excel, Tableau, etc.) are also critical.

Key Responsibilities/Duties – what you will be doing

• Conduct analysis in Excel, Tableau, and other tools to support procurement activities including spend analytics, budget analysis, bid analysis, etc.
• Leverage spend analytics to identify consolidation opportunities; understand total cost of ownership and cost drivers, analyze product/service specifications to identify rationalization opportunities; analyze demand and spend to identify patterns and reduction opportunities.
• Analyze market intelligence to build business cases and cost models to identify and quantify improvement opportunities for both sourcing and non- sourcing – e.g., demand management, process improvements, insource vs. outsource, etc.
• Assess supplier capabilities and identify new sources of supply.
• Develop sourcing strategies based on baseline data, market dynamics and business requirements.
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• Analyze complex bidding and award scenarios leveraging multi bid analysis model to facilitate fact-based supplier selection.
• Supports negotiation strategy development and execution
• Work with suppliers and key stakeholders to manage supplier performance.
• Build and maintain strong relationships with stakeholders.
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• Develop, produce, and deliver supplier information and metrics to all levels of management via scorecard management program, thereby ensuring SLAs and/or KPIs are met.
• Track and properly allocate procurement savings and costs
• Track and manage reporting for all Tier I and Tier II diverse supplier spend
• Design and manage various spend and performance dashboards via Tableau (e.g., spend analytics, operational performance, supplier performance, etc.)
• Ensure various procurement tools and systems are operational – manage bug fixes or data edits as required for contracting system, supplier scorecard system, spend system, etc.

• Other projects and duties as assigned.
• Responsible for delivering project reports, including developing various report formats, dashboards, presentations and others, as required

Qualifications – what you need to perform the job

Education, Certification and Licensure

• Bachelor's degree in relevant field (e.g., Supply Chain, Business, STEM) preferred

Experience (minimum years required):

• 1-3 years of relevant experience e.g., consulting, procurement, supply chain

Skill Requirements

• Strong analytics skills; deep use of Excel
• Strong problem-solving skills and work ethic
• Ability to understand the impact of accurate data
• Excellent written and oral communications skills
• Excellent interpersonal skills
• Ability to present ideas in business-friendly and user-friendly language
• Previous experience with Tableau, PowerBI, Oracle, Sharepoint preferred but not required

Commitment to Diversity, Equity & Inclusion

Point32Health is committed to making diversity, equity, and inclusion part of everything we do—from product design to the workforce driving that innovation. Our DEI strategy is deeply connected to our core values and will evolve as the changing nature of work shifts. Programming, events, and an inclusion infrastructure play a role in how we spread cultural awareness, train people leaders on engaging with their teams and provide parameters on how to recruit and retain talented and dynamic talent. We welcome all applicants and qualified individuals, who will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

Who We Are

Point32Health is a leading health and wellbeing organization, delivering an ever-better personalized health care experience to everyone in our communities. At Point32Health, we are building on the quality, nonprofit heritage of our founding organizations, Tufts Health Plan and Harvard Pilgrim Health Care, where we leverage our experience and expertise to help people find their version of healthier living through a broad range of health plans and tools that make navigating health and wellbeing easier.

We enjoy the important work we do every day in service to our members, partners, colleagues and communities.

Scam alert: Point32Health has recently become aware of job posting scams where unauthorized individuals posing as Point32Health recruiters have placed job advertisements and reached out to potential candidates. These advertisements or individuals may ask the applicant to make a payment. Point32Health would never ask an applicant to make a payment related to a job application or job offer, or to pay for workplace equipment. If you have any concerns about the legitimacy of a job posting or recruiting contact, you may contact TA_operations@point32health.org.

This job has been posted by Ignyte AI on behalf of Point32Health. Ignyte AI is committed to the fundamental principle of equal opportunity and equal treatment for every prospective and current employee. It is the policy of Ignyte AI not to discriminate based on race, color, national or ethnic origin, ancestry, age, religion, creed, disability, sex and gender, sexual orientation, gender identity and/or expression, military or veteran status, or any other characteristic protected under applicable federal, state or local law.

Req ID: R8337