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Cadrex Manufacturing Solutions

Procurement Analyst

Cadrex Manufacturing Solutions, Chicago, Illinois, United States, 60290

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Description Cadrex is searching for a Procurement Analyst who is responsible for providing analytical and strategic support to the sourcing function, driving cost savings, supplier performance, and process optimization across the manufacturing organization. This role leverages data, market intelligence, and business insights to improve sourcing strategies, monitor supplier performance, and ensure alignment with company objectives. The Procurement Analyst works cross‑functionally with Supply Chain, Operations, Finance, and Engineering to enhance procurement efficiency and support continuous improvement initiatives.

Key Responsibilities

Analyze purchasing data, market trends, and supplier performance to identify cost reduction and value improvement opportunities

Develop and maintain procurement and logistics dashboards, reports, and key performance indicators (KPIs)

Support sourcing strategies for indirect and direct materials, logistics, and services

Collaborate with Commodity Managers and Buyers to analyze spending, evaluate supplier bids, and recommend optimal sourcing decisions

Conduct cost modeling, total cost of ownership (TCO) analysis, and “should‑cost” estimations across materials and freight categories

Partner with Finance and Operations to ensure accurate forecasting, budgeting, and spend tracking

Evaluate supplier and 3PL performance against contractual and operational metrics; identify and address underperformance

Support supplier negotiations through data‑driven insights and cost analysis

Maintain and enhance procurement systems and databases (e.g., ERP, spend analytics, e‑sourcing tools)

Participate in process improvement initiatives aimed at improving procurement efficiency and compliance

Prepare business reviews and performance summaries for leadership and cross‑functional stakeholders

Support procurement governance, compliance, and risk management activities

Requirements Preferred Qualifications

5+ years of experience in procurement, supply chain analytics, or sourcing in a manufacturing environment preferred

Strong analytical, quantitative, and problem‑solving skills

Proficiency in Microsoft Excel (advanced), Power BI, or other data analysis tools

Experience with ERP systems (e.g., SAP, Oracle, or similar) and e‑sourcing tools

Strong understanding of procurement processes, supplier management, and cost analysis

Excellent communication and presentation skills, with the ability to influence cross‑functional stakeholders

Detail‑oriented and organized, with the ability to manage multiple priorities

Professional certifications such as CPSM, CPM, or APICS CSCP preferred

Education Bachelor's degree in business, Supply Chain Management, Business Administration, or related field preferred

Location Remote with preference for candidates based in the Denver area

Salary Description 70,000.00 - 80,000.00 Yearly plus bonus

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