Market Intelligence & Procurement Analyst
American Electric Power · Columbus, OH · 1 wk ago
On-siteSales$110k–$120k/yrFull-time
Job Description
The Market Intelligence & Procurement Analyst provides category managers with actionable market intelligence, procurement analytics, demand forecasting, and sourcing insights to support strategic decision-making, risk mitigation, and cost management. This role monitors commodity markets, supply and demand trends, supplier risks, tariffs, geopolitical developments, economic conditions, regulatory changes, and supply chain disruptions that impact procurement strategies and business operations.
- Monitor and analyze commodity markets, supplier risks, tariffs, geopolitical developments, economic conditions, and supply chain disruptions to identify impacts to cost, availability, lead times, and sourcing strategies.
- Develop market intelligence reports, category assessments, demand forecasts, and scenario analyses to identify emerging risks, opportunities, and cost drivers.
- Support category managers with data-driven insights that inform sourcing strategies, supplier negotiations, category planning, and business decisions.
- Leverage market intelligence platforms such as Wood Mackenzie, Gartner, ProcurementIQ, Simfoni, S&P Global, Bloomberg, Fastmarkets, Argus, CRU Group, or similar tools to evaluate market conditions, benchmark pricing, assess supplier and category risks, and identify industry trends.
- Design, develop, and maintain Power BI dashboards, reports, scorecards, and analytics that provide visibility into procurement performance, market conditions, and business risks.
- Analyze spend, supplier, market, and operational data to identify trends, forecast future impacts, and uncover opportunities for cost savings, risk reduction, and process improvements.
- Develop and deliver executive-ready presentations, market updates, reports, and briefing materials that translate complex data and market intelligence into actionable business recommendations.
- Benchmark industry trends, emerging technologies, market developments, and procurement best practices to support continuous improvement and strategic decision-making.
Preferred Qualifications & Skills
- Strong understanding of procurement, strategic sourcing, category management, supplier relationship management, and supply chain operations.
- Experience analyzing market trends, commodity pricing, supply and demand fundamentals, tariffs, inflation, supplier risk, geopolitical developments, and supply chain disruptions to support sourcing and business decisions.
- Knowledge and practical application of market intelligence platforms such as Wood Mackenzie, Gartner, ProcurementIQ, Simfoni, S&P Global, Bloomberg, Fastmarkets, Argus, CRU Group, or similar tools to support market research, forecasting, benchmarking, category strategy development, and supplier risk assessments.
- Advanced analytical skills with the ability to transform large and complex datasets into actionable business insights and recommendations.
- Advanced proficiency in Power BI; strong SQL skills required; Python experience preferred.
- Strong communication and presentation skills, including the ability to create professional PowerPoint presentations, dashboards, reports, market intelligence updates, and executive briefing materials.
- Experience within the electric utility, energy, transmission, distribution, generation, construction, fleet, industrial manufacturing, or large-scale infrastructure industries strongly preferred.
- Understanding of commodity cost drivers including steel, aluminum, copper, electrical equipment, transformers, cable, poles, construction materials, transportation, fuel, and other categories critical to utility operations preferred.
- Ability to build effective working relationships and provide category managers with actionable insights and recommendations that support strategic sourcing, supplier negotiations, category planning, and long-term business strategy.