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Cadrex Manufacturing Solutions

Procurement Analyst

Cadrex Manufacturing Solutions, Chicago, Illinois, United States

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Overview

Cadrex Manufacturing Solutions is seeking a Procurement Analyst to provide 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 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

70,000.00 - 80,000.00 Yearly plus bonus

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