Senior Procurement Analyst

Misumi USA; Schaumburg (IL); On-site; USD 75,000 - 90,000; Full time

Job summary

A leading company in the manufacturing sector is seeking a Senior Procurement Analyst to enhance processes through data analytics and machine learning. The role involves collaborating with cross-functional teams to optimize procurement strategies and improve efficiency. Ideal candidates will have a strong analytical background and experience in inventory management.

Benefits

Medical (HMO/PPO/HDHP)

Vision Insurance

Dental Insurance

401(k) Plan with match

Paid Time Off

Fitness Club Membership

Qualifications

• 2+ years of experience in procurement, supply chain, or data analytics.
• Strong understanding of machine learning and predictive analytics.
• Proficiency in data analytics tools.

Responsibilities

• Identify and implement improvements within the Procurement department.
• Develop machine learning models to forecast inventory trends.
• Apply advanced statistical techniques for data-driven procurement decisions.

Skills

Data Analytics

Machine Learning

Statistical Techniques

Problem Solving

Communication

Education

Bachelor’s degree in supply chain management, Business, Data Analytics, Economics, Engineering, or a related field

Tools

Excel

SQL

Python

Power BI

Tableau

Job description

The Senior Procurement Analyst analyzes, cleanses, and maintains master data to enhance processes, systems, and departmental performance. A solid foundation in data analytics, neural networks, and machine learning is essential for extracting insights from complex datasets, applying advanced statistical techniques, and developing predictive models to optimize business processes. The analyst will collaborate with cross-functional teams to translate data into strategic, high-impact solutions that drive efficiency and decision-making. This role requires strong analytical skills and independent judgment to identify issues and recommend solutions.

Job Responsibilities:

• Identify and implement improvements within the Procurement department by collaborating closely with warehouse, Logistics, IT, Customer Service, and business units to streamline operations and enhance efficiency.
• Develop machine learning models, including neural networks, to forecast inventory trends, optimize sourcing strategies, and improve decision-making.
• Apply advanced statistical techniques to evaluate supplier performance, demand forecasting, and risk mitigation, ensuring data-driven procurement decisions.
• Identify automation opportunities and leverage AI-driven tools such as RPA (Robotic Process Automation) to enhance procurement workflows and minimize manual inefficiencies.
• Support current Inventory Analysis/Optimization
  • • Ensure accurate inventory metrics by continuously monitoring and updating inventory data.
    • Determine optimal SKU location sizes to enhance warehouse space utilization.
    • Analyze and establish efficient stock groupings for improved operational efficiency.
• Proactive research and present operational improvement opportunities, supported by comprehensive analytic reports.
• Manage current and future procurement-related projects, overseeing planning, execution, and performance monitoring to ensure successful outcomes.
• Prepare project documents, timelines, and status reports to track progress and align stakeholders.
• Execute ad hoc tasks and special projects as assigned to support departmental and company-wide initiatives.

Job Requirements:

• Excellent verbal and written communication skills required.
• Bachelor’s degree in supply chain management, Business, Data Analytics, Economics, Engineering, or a related field.
• 2+ years of experience in procurement, supply chain, data analytics, or a related role.
• Experience with inventory analysis required. Extensive inventory management experience a plus.
• Proficiency in data analytics tools such as Excel (advanced), SQL, Python, C++, Power BI, and Tableau for reporting and visualization.
• Strong understanding of machine learning, neural networks, and predictive analytics for procurement optimization.
• Knowledge of automation tools such as RPA (Robotic Process Automation) to streamline procurement workflows.
• Familiarity with statistical modeling and data-driven decision-making techniques.
• Demonstrated process improvement and critical thinking skills through data analytics and logical thinking.
• Ability to work in a fast-paced, evolving environment and adapt to changing business needs.
• Proactive mindset with the ability to identify and implement innovative solutions to improve procurement processes.
• Excellent problem solving, detail oriented, training/material retention, interpersonal and conflict management skills required.
• Willingness to travel up to 10%

The salary range for this role is $75,000-$90,000 plus incentive.

This is the lowest to highest rate we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. An employee’s pay within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location and prevailing minimum wage, performance, shift, travel requirements, sales or revenue-based metrics, and business or organizational needs.

Benefits Offered:

We offer a comprehensive package of benefits including Medical (HMO/PPO/HDHP), Vision, Dental, Life (Basic and AD&D), Disability (STD and LTD), Legal, and Pet Insurance Plans, 401(k) Plan with match, Commuter Transit Benefits, Employee Resource (EAP and GEAS) Plans, Fitness Club Membership, Tax Savings (HAS and FSA) Plans, Parental Leave, Paid Time Off, and Paid Holidays.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, or any other form of compensation for any particular employee remains in the Company’s sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Applicants must currently be authorized to work in the United States on a full-time basis. Sponsorship for work authorization is not available.

MISUMI is an Equal Opportunity Employer and does not discriminate on the basis of race, color, religion, sex, national origin, age, veteran status, disability, marital status, sexual orientation, citizenship status, genetic information, gender identity, or any other protected status under applicable law.

FOR CALIFORNIA RESIDENTS:

MISUMI USA, Inc. (“MISUMI”) complies with the California Consumer Privacy Act (“CCPA”), California Privacy Rights Act (“CPRA”), and other applicable privacy laws. We may collect the following categories of personal information for purposes of the application and hiring process: name and contact information (phone number; mailing address; email address(es)); education and qualifications; employment history and experience; LinkedIn profile; and other information voluntarily provided by the applicant. Under the CCPA and CPRA, California residents have the right to know, correct, delete, and/or limit the use of certain information collected by MISUMI. For further information, see our full privacy policy at https://us.misumi-ec.com/careers/privacy/california-privacy-rights/. If you have any concerns, please send an email to [e-mail].