Procurement Analyst
Join us in building a better future for Arizona! SRP is one of the largest public power and water utilities in the U.S., providing electricity to approximately one million customers in the greater metropolitan Phoenix area. Since its founding in 1903, SRP has fostered a culture of stewardship and customer service, consistently ranking as an industry leader in customer service according to J.D. Power and named one of Arizona's best employers by Forbes.
Why Work at SRP
At SRP, we foster an inclusive work environment and believe everyone should have a fair chance to work, regardless of who they are. We value teams with diverse perspectives, experiences, and backgrounds to help SRP deliver on its mission of providing reliable, affordable, and sustainable water and power.
Benefits
- Pension Plan (at no cost to the employee)
- 401(k) plan with employer matching
- Available your first day: Medical, vision, dental, and life insurance
- Over 200+ hours of PTO (includes vacation days, holidays, floating holidays, and sick leave)
- Parental leave (up to 4 weeks) and adoption assistance
- Wellness programs (including access to a recreation and fitness facility)
- Short and long-term disability plans
- Tuition assistance for both undergraduate and graduate programs
- 10 Employee Resource Groups for career development, community service, and networking
About the Role
Responsible for initiating, coordinating, and leveraging corporate strategies for purchases of technology and professional services and for contract development associated with critical materials and services. Leads these efforts across business units, including autonomous decision-making related to market trend analysis, material resource planning, sourcing initiatives, business partner alignment, risk management, project management, contract management, supplier relationship management, and review of contract and commercial terms and conditions documentation. Develops and executes sourcing strategies and category management activities for multiple complex and/or critical categories, including implementation plans for achieving business objectives and benefit targets. Establishes and leads cross-functional teams to implement category strategies for sourcing materials and services.
Responsibilities
- Exercise independent judgment and discretion to develop and execute strategic sourcing strategies and category management activities for assigned portfolios and categories of goods and services, including conducting market research, analyzing data, identifying alternate opportunities, developing bid packages, coordinating pre-bid conferences, evaluating and awarding bids, and identifying & coordinating deliverables.
- Manage, create, and evaluate RFIs, RFPs, Statements of Work, vendor proposals, materials demand forecasts, and scope documents to minimize risk and maximize economic value on SRP’s commercial transactions associated with materials and services.
- Lead negotiations with suppliers and supplier’s agents. Develop negotiation strategies and plans. Respond to exceptions to SRP’s terms & conditions. Collaborate with Risk Management and Legal Services to develop, recommend, and approve non-standard contractual language.
- Perform market analysis using industry and market intelligence, financial reports, market indices, global monetary exchange rates, and published economic documents to forecast and assess pricing, supply, and business risk.
- Responsible for Supplier Relationship Management by developing and maintaining effective communication with key suppliers to provide equitable value to both entities. Monitor supplier performance, key performance indicators (KPIs), metrics, and implement corrective action. Resolve and oversee supplier disputes, including negotiating settlements, warranties, and claims by implementing corrective action in accordance with established Contract Documents.
- Determine replenishment quantities for inventory materials utilizing historical usage, anticipated demand, supplier/manufacturer lead times, carry and ordering costs, and other business considerations. Meet with key suppliers to develop and analyze material forecasts. Maintain associated planning/forecasting system parameters based on this information.
- Coordinate with all applicable internal stakeholders (including business unit, Warehouse, Logistics, Accounts Payable, Legal Services, Safety Services, Cost and Plant Accounting, Corporate Taxes, Cyber Security Services, Insurance Services, Supplier Diversity, Sustainable Solutions, Finance & Controls, Board and Council, Buy America, and Corporate Audit) to ensure each purchase agreement is issued and managed in compliance with corporate and regulatory requirements. Conduct meetings and presentations to all levels of stakeholders to ensure purchase requirements and agreements are effectively managed.
- Negotiate the best economic advantage for SRP while mitigating risk (including legal, commercial, technical, financial, procure-to-pay, safety, chemical, insurance, cyber security, accounting, inventory management, system controls, and physical access), adhering to corporate and regulatory policies, and maintaining the highest ethical and commercial standards for all purchase transactions.
- Identify opportunities for cost savings and value creation, including continuous improvement of work processes and tools, decreasing turnaround times, and enhancing customer service.
- Represent SRP in a professional manner and build strong relationships with internal and external stakeholders. Effectively balance multiple, competing priorities and changes in scope or direction.
- Ensure all applicable correspondence and documents are reviewed, filed, and maintained in accordance with company policies and procedures. Protect proprietary and confidential information, whether provided by SRP or the supplier.
- Be accessible 24/7 during emergency situations or service disruptions.
Requirements
This position may be filled at one of three levels outlined below, based on the candidate’s relevant education, experience, or a combination of both that demonstrates the required knowledge, skills, and competencies.
- Level I — Associate: In lieu of a degree, 4 years of relevant experience or an equivalent combination of education and experience totaling 4 years may be considered.
- Level 2 – Journey: Minimum 2 years of relevant experience required. In lieu of a degree, 6 years of relevant experience or an equivalent combination of education and experience totaling 6 years may be considered.
- Level 3 – Senior: Minimum 5 years of relevant experience required. In lieu of a degree, 9 years of relevant experience or an equivalent combination of education and experience totaling 9 years may be considered.
Eligibility for advancement (progression) to the next level in the same role is based on overall job performance, mastery of all functional responsibilities, and time in position, as assessed by the supervisor.
Qualifications
- Bachelor's degree relevant to the assignment from an accredited institution is preferred.
- Proficient use of Microsoft Office Products, WAM, MAXIMO, SAP, Aravo, Ariba, and OpenText.
Certifications (Desirable)
- C.P.M: Certified Purchasing Manager
- C.P.S.M: Certified Professional in Supply Management
- A.P.P.: Accredited Purchasing Practitioner
- A.P.I.C.S.: American Purchasing Inventory Control Society
- M.C.C.M.: Member Commercial Contract Manager / International Association of Contract Management
- C.F.C.M.: Certified Federal Contract Manager
- C.C.C.M.: Certified Commercial Contract Manager
- C.P.C.M.: Certified Professional Contract Manager
Schedule
SRP currently offers a hybrid workplace, which allows employees whose jobs can be performed remotely, and who have sufficient technical capability, to telework up to three days per week. Although teleworking is available, all employees must live and work in Arizona.