17 days old

Procurement Analyst

Best Buy
Richfield, MN 55423
  • Job Code
The Specialist, Sourcing Operations acts as an independent contributor in executional support of strategic sourcing activities. This role is accountable the following: managing and updating sourcing calendar, preparing and running RFxs, conducing bid analytics, providing reports, enaging with suppliers during sourcing process, managing vendor setup, processing simple contracts, among other activities. Individuals in this role will be subject matter experts in procurement tools and processes. The Specialist is to bring standardization to the execution of souricng activities while improving executional efficiencies.This position interacts with all Strategic Sourcing category managers, the Procurement COE and with other Procurement Operations teams (Buying, Analytics, Tools).

Key Responsibilities

1. Execution RFXs via specified Sourcing platform(s)

  • Subject Matter Expert in data for Source to P2P activity
  • Sourcing support may include execution across a range of tactics including: RFIs, RFS, RFP, eAuctions and 3Bids and a Buy
  • Review, Analysis, clarify, document, and prioritize Sourcing reporting needs
  • Serve as liaison between Proc Ops and Sourcing
  • Each tactic may include and is not limited to: collection of requirements, uploading and management of event on the technology platform, facilitating supplier Q&As, conducting analysis and publishing results for strategic sourcing assessment, and direction
  • Aggregate and transform data to meet the needs of Sourcing for efficient
2. Management of sourcing calendar
  • Partnership with Sourcing Operations Manager and Strategic Sourcing category leads on understanding sourcing support prioritization roadmap
3. Executing simple contracts as requested by Strategic Sourcing team
  • Supporting Strategic Sourcing category leads on executing non-strategic agreements (extensions, amendments, NDAs)
  • Processing templated PWOs (Project Work Orders) for Tier 1 (before transition to Beeline)
  • Obtaining quotes from current suppliers as requested by Strategic Sourcing category leads
4. Pipeline management
  • Esurance of correct data capture and project closure (in all applicable tools, including specified eSourcing platforms) according to COE developed standards
5. Pipeline to CAF conversion and DocuSign routing management
  • Gaining approval from Strategic Sourcing before routing
  • Management of CAF routing process in line with CASA DAL policy
6. Supplier set up and maintenance as requested / and approved by Strategic Sourcing Category leads

7. Contribution to standardization and continuous improvement of templates and processes

8. Self-Development and Management

  • Performance Management (set clear effective goals and expectations for self as a key part of managing performance to drive business outcomes)
  • Development (determine and execute developmental opportunities to develop skills, knowledge and experiences)
  • Express, Model and Reinforce leadership behaviors
  • Escalate issues to enable self and team members team to perform effectively
Basic Requirements:
  • Proficiency in Excel (Pivot Tables) and Word
  • Strong analytical skills
  • Ability to work under tight deadlines or changing needs
  • Ability to multitask
  • Ability to take direction from multiple stakeholders
Preferred Requirements:
  • Basic experience using eSourcing tools
  • Basic understanding of Strategic Sourcing and the 7-step sourcing process
  • Strong communications skills (verbal and written)

Posted: 2022-06-17 Expires: 2022-07-16
Sponsored by:
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Sponsored by:
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Procurement Analyst

Best Buy
Richfield, MN 55423

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