Contract Analyst Jobs in Rochester, MN (NOW HIRING)

At Benchmark, we are driven by our purpose: to innovate for a healthier, safer, and better-connected world to create a brighter future. When you join us, you become part of a team passionate about making a meaningful impact across various sectors, including commercial aerospace, defense, advanced computing, next-generation communications, complex industrials, medical, and semiconductor capital equipment. We prioritize career growth, fostering a culture that ensures you reach your full potential. At Benchmark, your work is purpose-driven, enabling you to create a positive impact on the world and make your career truly meaningful. You'll be part of a collaborative and inclusive team that values your ideas and contributions.
Summary:
The Supply Chain Analyst executes the planning and buying activities to optimize the balance of inventory across the supply chain network in line with target customer service levels, for the allocated portfolio of customer activity for which she/he is accountable.
Responsibilities:
• Works directly with customers to gain an understanding of their planning system and how Benchmark and the customer's processes interact.
• Participates on the Customer Focus Team as the Supply Chain Department representative and support development of planning and procurement processes to support department, business unit and divisional goals
• Abides by the Company standard practices and procedures are followed in connection with all materials department functions.
• Maintains optimum inventory levels to ensure on-time deliveries to assigned customer, while minimizing carrying costs and premium transportation charges and maximizing inventory turnover.
• Owns and maintains the ERP parameters, which drive optimum component and assembly planning.
• Monitors and reports on current and projected inventory levels at both the component and assembly level for assigned customer and generate action plans to ensure that site inventory goals are achieved.
• Tracks and reports on excess and obsolete inventory and drive disposition in compliance with the customer agreement.
• Performs "What if" analyses to aid in optimal scheduling, priorities and decision making
• Analyzes potential impact of forecast and production schedule changes on component procurement and production volume.
• Ensures consistency between customer demand information, monthly sales forecast and production build schedule.
• Works with Scheduler to establish a production schedule for each order and communicate/resolve issues related to discrepancies between the requested and promised due date
• Interfaces with customers, suppliers and internal resources for management of AVL choices and alternates in order to monitor or reduce product cost or inventory levels
• Manages EOL and other assurance of supply issues and support Engineering changes and New Product Introduction.
• Monitors material market conditions, develop, and communicate plans to mitigate risk to customer schedule.
• Analyzes, maintains, and executes Materials Requirement Plan (MRP).
• Continuously monitors and verifies materials pipeline to ensure it meets the MRP requirements. Identify and appropriately address materials supply issues.
• Ensures materials availability to support production per the Master Production Schedule through MRP execution, on-time delivery, and coordination of materials movement through receiving to production.
• Executes and maximizes negotiated terms with suppliers to reduce materials liability and overall procurement cost including freight and payment terms.
• Executes corporate contracts and ensures suppliers' adherence to negotiated terms.
• Maintains integrity of master data and purchasing planning parameters in order to minimize material liability and to optimize working capital.
• Monitors and continuously strives to improve supplier's delivery and quality performance.
• Addresses and resolves recurring or critical issues by utilizing corrective action tools, and coordination with corporate procurement team.
• Proactively looks for cost savings through possible changes in suppliers, manufactures, materials or other alternative opportunities.
• Analyze potential impact of forecast and production schedule changes on component procurement.
• Contributes to cost reduction program by making viable business recommendations and process improvement ideas.
• Manages component throughput product life cycle (PLC).
• Participates and provide input to supplier scorecard reviews.
• Participates and provide input to customer quarterly business reviews.
• Creates and maintain tracking tools for cost reduction initiatives, BOM health improvement, and NPI and EOL component planning.
Other information:
• Excellent written and verbal communication skills
• Effective interpersonal skills
• Effective multitasking skills and the ability to take on additional responsibilities as required
• Effective organization and prioritization skills
• Demonstrate high attention to detail
• Ability to work with diverse groups
• Demonstrates discretion, confidentiality, independent judgment and professionalism.
• Ability to work with minimal supervision and guidance, exercising discretion and independent judgment.
• Understanding of and ability to use continuous improvement tools.
• Strong customer service and client focus
• Working knowledge of productivity tools, including Microsoft Office products and WebEx conferencing software
• Understanding of the extended process of material procurement, capacity planning, inventory analysis and advanced planning techniques.
• Understanding of Enterprise Resource Planning (ERP) tools (Baan or equivalent)
• Effective analytical, planning and organizational skills
• 3-5 years in purchasing or planning accounts/commodities
• APICS certification preferred
• Ability to support a 24/7 global business operation as required.
• Effective negotiation and problem solving skills.
• Demonstrate confidentiality and the ability to represent the company in a professional manner.
• Ability to exercise discretion and independent judgment when representing the company in supply chain decisions.
• Knowledge of billing practices and controls.
• General computer knowledge including the use of Microsoft Office programs.
Education:
• Typically requires a minimum of 5 years of related experience (purchasing or planning accounts/commodities) with a Bachelor's degree; or 3 years and a Master's degree.
Geographical Location: Minnesota:Rochester
Physical Location: Rochester, MN
Shift: Shift 1
Work Schedule: M-F 0800-1630
Full Time
In our innovative environment, you'll work with cutting-edge technology, leading the way in engineering design and delivering world-class manufacturing services for products that make a real difference in the lives of others. At Benchmark, your career is more than just a job. It's an opportunity to be part of something bigger, where your work matters and helps shape a brighter future for everyone. Together, we will achieve extraordinary things.
Compensation Range: $71,678.00 to $89,597.00 USD. Many factors are considered in compensation decisions, including but not limited to skills, certifications, licensures, experience, training, incumbent data, and other business needs.
Benefits and Other Compensation: Benchmark provides a comprehensive benefits package, including a Bonus Plan, 401(k), Paid Time Off, and Health, Dental, and Vision Insurance, all based on scheduled hours. Benchmark complies with applicable state and local employee leave laws.
Application Deadline: This job posting will remain open until filled.
Additional Notices: Benchmark adheres to applicable state and local laws regarding employee leave benefits. This includes, but is not limited to, providing time off pursuant to the Colorado Healthy Families and Workplaces Act, in accordance with its plans and policies. Candidates applying for remote work based in Washington state, may obtain PTO eligibility for this position by emailing careers@bench.com.
Export Control: This job position may include access to controlled information or technology covered under applicable U.S. export control laws. As such, employment for this job position may be contingent on either verification that an applicant falls under the definition of a "U.S. Person" (which includes U.S. citizens, U.S. lawful permanent residents, and those granted U.S. asylum or refugee status) or on the Company timely obtaining any necessary export license required under federal laws. The Company evaluates such export license situations on a case-by-case basis and may decline to proceed with a job applicant in its sole discretion since export license applications can take many weeks to be processed.
Benchmark is an equal opportunity employer. We are bringing together a dynamic workforce with unique talents, life experiences, cultures, and perspectives to promote an innovative, collaborative, and creative place to work. If you need assistance or an accommodation due to a disability, please email us at careers@bench.com.