Procurement Analyst/Consultant

AEP Service Corporation; United States; On-site; USD 75,000 - 110,000; Full time

Job summary

American Electric Power (AEP) is seeking a Procurement Analyst/Consultant to support procurement consultants, specialists, and category managers in sourcing and contracting initiatives. The role emphasizes analytics, contract development and administration, spend analysis, risk assessment, and reporting.

The on-site position is based in Columbus, OH, and involves coordinating stakeholder reviews, contract execution activities, and providing analytical insights to inform business decisions.

Qualifications

• Education: Bachelor's Degree in business, accounting, finance, supply chain, or related field; OR 4 years of relevant work experience.
• 2 years of relevant work experience, including cross-functional teams.
• Supply chain category management experience preferred in utility/manufacturing/construction.
• Excellent analytical, problem-solving, and time management skills.

Responsibilities

• Conduct market research and analyze performance metrics to inform supplier and market decisions.
• Develop and utilize pricing and total cost ownership models.
• Build and maintain reports to streamline analysis and support bid evaluation.
• Lead or support contract negotiations and review of terms with stakeholders.
• Draft deal summaries and coordinate with legal, risk, and finance teams.

Skills

Analytical thinking

Problem solving

Communication skills

Time management

Education

Bachelor's degree or equivalent experience

Tools

Maximo

Cognos

Job description

Job Posting End Date 09-26-2026 Please note the job posting will close on the day before the posting end date.

Job Summary

Are you ready to work in a supportive, fast-moving environment where your work matters? This position supports Procurement Consultants, Procurement Specialists, and Category Managers in the execution of sourcing and contracting initiatives. In this analytical role, the Procurement Analyst/Consultant supports work including, but not limited to, contract development and administration, contract review and redlining, spend analytics, market complexity assessments, data collection, performance metrics, risk analysis, pricing evaluations, total cost of ownership analyses, demand planning, and reporting. The role assists in evaluating contract terms and conditions, identifying and mitigating contractual and commercial risks, ensuring compliance with company policies and regulatory requirements, and maintaining contract documentation and records. The Procurement Analyst/Consultant also supports sourcing strategy development, supplier evaluations, and decision-making processes.

Responsibilities include coordinating stakeholder reviews, supporting contract negotiations, tracking contractual obligations, facilitating contract execution activities, and providing analytical insights to inform business decisions. The role may lead or direct less complex sourcing and contracting activities while partnering with internal stakeholders, suppliers, Legal, and Risk teams to support successful business outcomes.

Job Description

• Conducts market research and analyzes performance metrics to support strategy and decisions regarding suppliers and markets.
• Conducts research and analysis on spend and prior contracts to assist with contract negotiation.
• Develop and utilize various models (e.g., pricing, total cost ownership).
• Builds and maintains reports to streamline analysis.
• Supports bid analysis, as needed.
• Communicates findings and recommendations of research and analysis to Supply Chain, Procurement, and Fleet Operations (SCPFO) and business partners.
• Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.
• Draft and negotiate contract terms and conditions, analyze commercial sections of proposals and scopes of work, and interface with all disciplines, including legal, risk management, project controls, construction, engineering, finance/accounting and suppliers.
• Prepare, maintain, retrieve and communicate records, reports or documents that may be required to meet corporate and Contract Administration requirements.
• Provide consultative, analytical and contract administration support for commercial operations and senior management.
• Protect the Company’s interest by enforcing warranties and mitigating risk.
• Execute portfolio assignments as requested, perform contract risk assessments, and formulate mitigation strategies.
• Develop Supplier performance criteria and service levels that align with business requirements.
• Manage and oversee amendments to existing agreements using various models.
• Lead the negotiation process through strategy development, issue recognition, and escalation of issues for moderate to complex negotiations.
• Analyze vendor claims and lead in negotiating settlements for a broad range of issues, including impact of changes-in-law and governmental impositions.
• Coordinate, prepare, and track documents to declare, close, and quantify impact of Company force majeure events.
• Ensure all work activities are performed in accordance with the policies, practices, standards, and rules of the company.
• Draft deal summaries for assigned contracts.
• Other duties as assigned.

What We’re Looking For

• Education: Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.
• Experience: In customer service and/or procurement helpful (Procurement Analyst)
• In addition to any experience required above, 2 years of relevant work experience, including experience working with cross-functional teams is required.
• Supply chain category management experience, preferably within the utility, manufacturing, or construction industry preferred. (Procurement Consultant)
• Preferred Qualifications: Excellent analytical, problem-solving, and time management skills desired, Familiarity with Maximo and Cognos preferred, Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers.
• Other Requirements: Physical demand level is Sedentary, Demonstrate significant experience in a moderate range of subject categories relevant to areas of contract responsibility. Apply problem-solving skills and use creativity in problem solving.

Where You’ll Work

This is an On-Site role based out of Columbus, OH.

What You’ll Get

• Annual Bonus
• 401(k) Match
• AEP Pension
• Comprehensive Benefits Package

Where Putting the Customer First Powers Everything We Do! At AEP, we’re more than just an energy company — we’re a team of dedicated professionals committed to delivering safe, reliable, and innovative energy solutions. Guided by our mission to put the customer first, we strive to exceed expectations by listening, responding, and continuously improving the way we serve our communities. If you're passionate about making a meaningful impact and being part of a forward-thinking organization, this is the company for you.

#LI-Onsite #AEPCareers

Compensation Data

Compensation Grade: SP20-006

Compensation Range: $74,551.00 - $109,543.00

The Physical Demand Level for this job is: S – Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

It is hereby reaffirmed that it is the policy of American Electric Power (AEP) to provide Equal Employment Opportunity in all respects of the employer-employee relationship including recruiting, hiring, upgrading and promotion, conditions and privileges of employment, company sponsored training programs, educational assistance, social and recreational programs, compensation, benefits, transfers, discipline, layoffs and termination of employment to all employees and applicants without discrimination because of race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age, veteran or military status, disability, genetic information, or any other basis prohibited by applicable law. When required by law, we might record certain information or applicants for employment may be invited to voluntarily disclose protected characteristics.

At American Electric Power, we provide more than electricity to our millions of customers - we energize possibilities. We're redefining the future of energy by reducing our carbon footprint, empowering the communities we serve and building an engaged, talented workforce. All while delivering the reliable service our customers expect. It’s an exciting time in the energy industry. Are you ready to be part of it? We’re looking for team members to help create the grid of the future. Learn more about our commitment to creating a supportive, inclusive work culture that values different experiences.