Analyst, Benchmarking

Procure Analytics
Atlanta, GA Full Time
POSTED ON 4/10/2024

Description

  

Company Overview

At Procure Analytics (PA), we are passionate about driving continuous value by utilizing cutting-edge technology and implementing customized solutions in various categories to service our 900 member companies.

Headquartered in Atlanta, PA was founded to address the complex challenges of frequently ignored indirect and tail spend categories of Maintenance, Repair, and Operations (MRO), Packaging, and Freight. PA combines $1.5b of purchasing leverage and supplier relationships, together with dedicated advisors, proprietary analytics, and artificial intelligence, to drive ongoing value and supply chain resiliency for our members. PA’s analytical and reporting tools offer the insight needed to optimize MRO, Packaging, and Freight – all at no cost to members.

In the last decade, PA has grown from 2 employees and $5 million in total managed spend to over 100 employees and more than $1.5 billion dollars in spend, while maintaining its high-touch service model and member-focus. 

PA has a very collaborative, humble, and values-driven culture that upholds these guiding principles:

  • Act with integrity and in compliance
  • Drive value creation
  • Be disciplined entrepreneurs
  • Be innovative
  • Be accountable
  • Treat others with dignity and respect

Strong Private Equity Ownership 

In December 2021, Genstar Capital invested in PA, along with a large rollover from Bregal Sagemount and the management team.
 

Genstar Capital is a leading private equity firm that has been actively investing in high quality companies for over 30 years. Based in San Francisco, Genstar has developed a strong market reputation of working in partnership with management teams and its network of strategic advisors to build industry-leading businesses while generating outsized returns. Genstar’s vision is to help build lasting, impactful companies that will continue to succeed well beyond their ownership.

Genstar currently has approximately $33 billion of assets under management and targets investments focused on targeted segments of the software, industrials, healthcare, and financial services industries. In 2020, Genstar was ranked 2nd worldwide in aggregate private equity fund performance (out of 529 PE firms) and ranked 3rd in 2019 (out of 497 PE firms) by HEC-Dow Jones. For more information, please visit www.gencap.com.


The Opportunity

 

After several years of major technology investment, we are committed to continue to enhance our member-centric technologies at an even faster pace. Our innovative approach in using technology and data science to help our members realize continued value in our service is what sets us apart from Al technology and service organizations across any industry. 

As an Analyst, you will work as part of a team in our Atlanta, GA office by supporting projects for our existing clients. Day to day activities will include:

  • Analyzes large data sets from members/suppliers to identify and categorize indirect spend and provide preliminary assessment of cost reduction opportunities using MS Excel and Power BI and other business intelligence tools and prepare resulting presentations.
  • Performs detailed data analysis to assess effectiveness of current pricing models & analyzes technical specifications of products, annual volumes to benchmark SKUs with identified supplier partners/ category contracts.
  • Analyzes accounts payable data/supplier data using extract, transform and load (ETL) processes for spend cube analysis and compliance tracking.
  • Develops analytical and data visualization tools, such as spreadsheets, dashboards, applications using advanced MS Excel/Power BI/PowerPoint/SQL/Python to enable managerial decision making for key stakeholders.
  • Provides analytical insights using mathematical modeling and technical expertise to make product recommendations/substitutions and inventory optimization to drive cost savings.
  • Supports internal stakeholders by building forecasting models for revenue planning.
  • Analyses purchasing patterns to rationalize SKUs to drive cost savings using optimization techniques.
  • Audits supplier pricing files to ensure accuracy and to monitor price discrepancies and contract benefits.
  • Participates in business development initiatives with executive leadership, to create proposals & provide necessary documentation, including by-laws, to move forward with Benchmarking & on-boarding process.
  • Works with national and regional suppliers on special pricing arrangements, pricing challenges, and purchasing actions for special projects and programs. 
  • Other duties as assigned. Must be willing to travel up to 10% of the time.

   

The Person

  

We are seeking an individual with a strong analytic mindset, capable of grasping the overall goal while processing very detailed data. The ideal candidate is bright, driven, and curious with a demonstrable background working with data to create insights and solve problems. Strong organizational skills, excellent presentation skills and a focus on customer service are a must. You are a team player in all respects of opportunity. Must be results-oriented while paying close attention to detail. 

   

  • Advanced MS Office, Power BI, Database Management Systems, Data Visualization, Project Management, CRM, Mathematical Modeling is a plus. 
  • College degree is required, graduate degree in Business or Industrial Management/Engineering preferred. 
  • Must have good people and customer skills and the demonstrated ability to work independently and manage multiple priorities simultaneously. 
  • Sourcing/ Project Management/ Supply Chain/Data Analytics experience is a plus. 


Salary.com Estimation for Analyst, Benchmarking in Atlanta, GA
$77,530 to $99,129
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