Principal Business Analyst - Supply Chain

Primary Purpose
Conduct company-wide spend analytics, spend and performance reporting for various functional lines, and comprehensive analytics and reporting with a specific focus on Categories and Material Management. This role also encompasses ownership of updating various Supply Chain Management (SCM) policies, procedures, and guidelines, as well as conducting trainings to ensure compliance and proficiency across the organization. This role emphasizes a sense of ownership, initiative, and proactive engagement in creating analytics, trainings, reports, and general work product to drive business decisions while fostering a data-driven culture across the organization.

Duties and Responsibilities

• General Reporting - Research and Execute Company-Wide Spend Analysis:
  • Gather and analyze spend data across departments and business units.
  • Identify trends, opportunities, and potential cost savings.
  • Prepare comprehensive reports, dashboards, and presentations for multi-functional business review.
  • Monitor department performance of relevant KPIs such as cost savings, transaction monitoring, P2P timing, etc.
  • Proactively identify and report opportunities to further develop and improve SCM reporting and supplier program processes and functions, among other topics.
  • Use analytics to develop and execute internal/external related communications, reports, summaries, findings, and other key deliverables/outputs to drive business decisions (Business Unit Leadership, SCM Leadership, Legal support, functional areas, Category Managers, etc. as needed). Present findings as required clearly and concisely to senior management.
  • Develop and maintain strong working relationships with both internal and external clients, including the designated purchasing agents (DPAs), gatekeepers and accounts payable team.
  • Perform and execute standard and ad-hoc reports and other duties as assigned by manager to support strategic decision-making.
  • Work multi-functionally with Solutions Architects, Business Systems Analysts, Business Solutions Developers, and all stakeholders to effectively support delivering quality reporting solutions to business problems.
• Other Reporting Support:
  • Material Management Reporting, Data Analytics, etc. and/or Category Management Analytics, by generating, monitoring and proactively updating reports (ad hoc and formatted) and dashboards including:
    • Conduct detailed analysis of materials usage, inventory levels, spend categories, and procurement processes.
    • Generate insights to optimize inventory management, spend management, and reduce costs.
    • Prepare regular reports on materials performance and supply chain metrics.
    • Generating insight into Category Management and strategic execution across the company.
• Policies, Procedures, and Guidelines:
  • Draft, improve, update and manage fully the end-to-end process for all SCM Policies, Procedures and Guidelines reviews and changes.
  • Ensure compliance with regulatory requirements and industry standards in SCM governance.
  • Coordinate and organize all recommended changes, review with key leadership, draft changes, facilitate review and approval sessions and Q&A as needed, support Document Control for management of documents to ensure accessibility and accuracy of information.
• Training:
  • Develop, deliver, support, and manage trainings across all SCM for related business focus areas such as reporting and analytics tools, dashboards, and improvements on existing and new SCM Polices, Procedures and Guidelines.
  • Communicate changes effectively across the organization.
  • Provide ongoing support and guidance to employees on analytics best practices.
  • Foster a culture of data-driven decision-making through training initiatives.
• Perform other duties as assigned (no more than 5% of duties).

Education

• Bachelor's degree in related field or an equivalent combination of education and experience required.

Experience

• 8+ years of comparable experience required.

Knowledge, Skills and Abilities

• Knowledge of Procurement IQ IHS and other intelligence platforms.
• Supply chain/procurement analytics (KPI definitions, data reporting requirements).
• Advanced skills in working with Power BI and Large data sets.
• Ability to synthesize data into insights to inform quality decisions.
• Knowledge of business performance reporting and data visualization.
• Strong communication and presentation skills.
• Must be able to maintain a high level of customer service in a work environment of quickly shifting priorities and demands.
• Excellent analytical and critical thinking skills.
• Microsoft Office 365 Experience; Proficient in Microsoft Excel, PowerPoint, Word, One Drive.