Job Title: Procurement Analyst

Location: Pittsburgh PA

Company: Powercast

Job Type: Full-Time

Position Overview:

We are seeking an analytical and detail-oriented Procurement Analyst to join our team. This role is critical in managing and optimizing procurement activities, with a focus on cost analysis, Bill of Materials (BOM) reporting, inventory tracking, and component pricing. The ideal candidate will play a key role in ensuring that our procurement strategies align with our financial goals and operational requirements.

Key Responsibilities:

Manage and update Bill of Materials (BOM) pricing, ensuring all component prices are accurate and reflective of current market conditions.
Collaborate with suppliers and internal teams to negotiate and maintain competitive component pricing, while ensuring quality standards are met.
Track and monitor costs related to procurement, inventory, and production, identifying trends and opportunities for cost savings.
Oversee daily inventory levels to ensure optimal stock availability, reducing both excess inventory and potential shortages.
Conduct regular inventory audits and collaborate with Finance and Operations to optimize inventory flow and minimize carrying costs.
Ensure accurate documentation and reporting of inventory data, supporting decision-making and operational efficiency.
Evaluate component costs regularly, maintaining detailed records and adjusting pricing strategies as necessary to align with market trends.
Provide regular updates and reports on cost tracking, inventory status, and component pricing to support strategic planning and operational improvements.
Support the daily coordination of procurement activities, working closely with Project Management, Operations and Finance to ensure smooth operations.
Assist in troubleshooting issues and implementing process improvements to enhance efficiency and cost-effectiveness.
Ensure all processes adhere to company policies, quality standards, and regulatory requirements.

Qualifications:

Bachelor’s degree in Supply Chain Management, Business, Finance, or a related field.
2+ years of experience in procurement, supply chain, or a related role.
Strong analytical skills with experience in cost analysis and BOM management.
Proficiency in procurement software and Microsoft Excel.
Excellent attention to detail and organizational skills.
Strong communication and negotiation skills, with the ability to work effectively with suppliers and cross-functional teams.

What We Offer:

Competitive salary and benefits package.
401K
Stock Options
Opportunities for professional growth and development.
A collaborative work environment committed to continuous improvement and excellence.

How to Apply:

Interested candidates should submit their resume and a cover letter detailing their relevant experience to Dbindyke@powercastco.com

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Procurement Analyst