Overview
The American quick lube industry provides more than 100 million oil changes every year from over 10,000 standalone locations. Within this industry, there is one dynamic growing company that stands out from the rest – Team Car Care, dba Jiffy Lube, the largest franchisee of quick lube retail service stores in the country. Operating almost 500 Jiffy Lube locations from coast to coast, serving nearly 5 million guests each year with over 4,000 professional service advisors, Team Car Care’s mission is to be the most trusted car care company in our neighborhoods. We strive to do this by exceeding guests' expectations with consistent "Signature Service" delivered through our organization of friendly, knowledgeable, and professional teammates. Our RITTE values guide all our actions and include Respect, Integrity, Teamwork, Trustworthy and Excellence. Team Car Care is a portfolio company of Wynnchurch Capital. We are searching for a detail-oriented and analytically driven Procurement Analyst with proven experience managing corporate purchasing processes in a multi-location organization.
Job Summary:
The Procurement Analyst will work on sourcing, vendor management, data analytics, and procurement support to the organization. You will play a crucial role in managing and optimizing our procurement processes, vendor relationships, and supply chain operations. Your focus will be on analyzing data, identifying cost-saving opportunities, and implementing strategies to enhance procurement efficiency and effectiveness.
Responsibilities:
- Analyze and pull data from various sources, including ERP system to determine trends, outliers in data, process optimization, and support decision making.
- Analyze inventory levels, demand patterns, and lead times to optimize inventory planning and minimize stockouts or excess inventory. Work closely with operations and logistics teams to ensure optimal inventory levels.
- Support and maintain the master data within Workday with validation between systems and collaboration with the field to ensure data accuracy. Provide day to day procurement support within the system.
- Collaborate with vendors to enhance purchasing protocols within TCC, monitor performance, and maintain strong relationships. Evaluate vendor performance and make recommendations for vendor selection or discontinuation.
- Conduct cost analysis and benchmarking to identify cost-saving opportunities while maintaining product quality and service levels. Develop and implement strategies to reduce procurement costs and improve overall value.
- Continuously evaluate and enhance procurement processes, policies, and procedures to streamline operations, increase efficiency, and ensure compliance with company standards and industry regulations.
- Assist in negotiation, drafting, and management of procurement contracts, agreements, and RFP Bids. Ensure compliance with contractual terms and conditions and track contract expiration dates for timely renewal of or renegotiation. Assist with management of incoming RFP’s and final analysis.
- Collaborate with various departments to understand their procurement needs, provide guidance, and ensure alignment of company objectives.
Required Skills/Abilities:
- Excellent verbal and written communication skills, organization skills and attention to detail
- Strong analytical and problem-solving skills
- Proficient with Microsoft Office Suite, with expertise in Excel
- Ability to manage large projects with significant change management impacts
Preferred Experience:
- At least five years of experience in a corporate procurement role
- Previous experience driving procurement transformation
- Multi-unit retailer experience
Education:
- Bachelors in Business Administration, Supply Chain, Engineering, or equivalent experience required