Procurement and Sourcing Analyst
Challenge Yourself and Impact the Future!
Element Solutions Inc (NYSE: ESI) is a leading specialty chemicals company whose operating businesses formulate a broad range of solutions that enhance the performance of products people use every day. Developed in multi-step technological processes, our innovative solutions enable our customer’s manufacturing processes in several key segments, including electronic circuitry, communication infrastructure, automotive systems, industrial surface finishing, consumer packaging, and offshore energy. Customers of our businesses use our innovation as a competitive advantage, relying on us to help them navigate in fast-paced, high-growth markets. For example, in-car technology, from infotainment to driver assistance, is accelerating the pace of new product development and changing the competitive playing field for automotive manufacturers. With a long-standing presence in automotive markets and a deep market expertise in electronics, we sit at the intersection of this fast-growing market. We strive to embody the five “Elements of our Culture,” our “5Cs”: Challenge, Commit, Collaborate, Choose and Care. These core values are the foundation of our organization which our employees embrace in their interactions with customers, colleagues and other stakeholders to drive financial performance and create a rewarding work environment.
Procurement and Sourcing Analyst
Procurement and Sourcing Analyst, Full-time. Position based at our Norwalk, CT office. This role will be focusing on analytical management in the Procurement and Sourcing Domains and participate and aid in the execution of ESI’s Global Sourcing Strategy by utilizing complex data analytics to guide and support procurement decisions on a global, regional, and local level. Will interact with ESI’s manufacturing facilities worldwide and work closely with sourcing and procurement personnel to track and analyze total spend, cost fluctuations, trends in raw material and indices of key drivers of raw material prices to inform data-based decision making in support of ESI’s global supply-chain. In addition, this position will also provide support Supply Chain Finance with any data analysis on an as-needed basis. Primarily responsible for:
Procurement and Sourcing Analyst
- Accessing data from multiple ERP systems (predominantly SAP and JD Edwards) and Business Intelligence tools to perform analyses around spend, vendor / material concentration, risk analysis, lead time analysis, landed cost analysis, etc.;
- Enhancing functionality and supporting ESI users of Business Intelligence tools;
- Compiling, preparing and managing reports around spend, cost increase and decrease tracking, trends in raw material prices and in tracking global prices/indices of key drivers of raw material prices, on a monthly or quarterly basis for reporting to Global Sourcing leadership and ESI's Senior Management;
- Tracking regional and global raw material indices where available, and integrating these trends in the form of value-add reports for Global Sourcing leadership and to ESI Senior Management;
- Actively working with a global network of procurement, planning, and manufacturing personnel to collect and analyze data, as well as checking the data for accuracy and integrity;
- Articulating a minimum of first-level guidance from assembled data to colleagues;
- Supporting the design and implementation of spend analysis systems, including feedback to ensure successful design outcomes;
- Supporting work on global and regional raw material contracts/negotiations where required.
Procurement and Sourcing Analyst
Must have Master’s degree in Analytics, Data Analytics, IT or related technical field plus 24 months of post-baccalaureate experience in any occupation with responsibility for business analytics and data analytics in the procurement domain using Enterprise Resource Planning system (ERPs), Advanced Excel skills (including pivot tables, vlookups, complex formulas), Talend ETL, Oracle SQL, Business Intelligence (BI) tools, Power Point, Agile methodologies, and project management to enable data extraction, manipulation, analysis, and reporting.
May be eligible to work remotely, up to 2 days per week, from any location within normal commuting distance of the Norwalk, CT worksite after 4 (four) months of employment, consistent with company's policy and remote working guidelines.
May be required to travel domestically and/or internationally (approx. 15% of the time) for meetings, professional development, and/or training.
Employment is contingent upon satisfactory completion of our standard post-offer and pre-hire drug and security screening.
This position is eligible for Element Solutions, Inc’s Employee Referral Program (ERP) H16 Grade bonus. The program is described in our ADP program and is ongoing. Referrals should be made via MyESI.
Nearest Major Market: Bridgeport
Nearest Secondary Market: Danbury