Associate Purchasing Analyst

The Purchasing Analyst plays a critical role in supply chain and procurement operations, ensuring the organization maintains a competitive advantage through efficient and strategic purchasing practices. This position serves as a key liaison between the organization and its vendors, driving sourcing strategies, cost optimization, and supplier performance.

Essential Duties:

• Analyze purchasing data, vendor performance, and market trends to identify cost-saving opportunities and forecast inventory needs 
• Assist buyers and procurement teams by preparing purchase orders, reviewing requisitions, and managing supplier contracts. 
• Conduct cost analysis, validate pricing, and ensure compliance with contracts and procurement policies.
• Monitor supplier obligations, evaluate performance, and negotiate favorable terms to optimize costs and service quality.
• Ensure all purchasing activities comply with company policies, QMS, federal and state regulations, and industry standards.
• Assist with developing sourcing strategies, participate in annual price reviews, and support supply base optimization initiatives. 
• Analyze product profitability and sales data.
• Prepare reports for management review.
• Maintain supplier pricing and purchasing records.
• Assist with supplier and purchasing activities.
• Support inventory and spending analysis.
• Act as backup for Buyer
• Assist with special projects as assigned.
• Other duties as required.

Qualifications:

•  High school or GED
• College degree preferred

Training & Experience:

• Two (2) years or more of experience in manufacturing preferrable in Medical Device environment.
• Strong analytical and quantitative skills to interpret procurement data and identify trends.
• Proficiency in ERP systems and tools for purchasing and contract management.
• Knowledge of procurement regulations, cost analysis methods, and supply chain processes.
• Effective communication and negotiation skills for interacting with vendors and internal stakeholders
• Attention to detail and ability to manage multiple tasks in a fast-paced environment