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Procurement Inventory Analyst Jobs in Michigan (NOW HIRING)

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Processes Analyze, manage, and implement actions relating to material requirements that ensure an ... Monitor inventory levels to determine if the material on hand is sufficient to support the ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Support inventory planning and coordination where applicable * Provide reporting and analysis on procurement activities to leadership Aboutyou * High level of integrity and professionalism * Detail ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes ... Data Analytics - Discovers, interprets and communicates qualitative and quantitative data ...

Showing results 41-60

Procurement Inventory Analyst information

What is a procurement inventory analyst?

A Procurement Inventory Analyst is a professional responsible for managing and analyzing a company's inventory and procurement processes. They ensure that inventory levels are optimized to meet demand while minimizing costs and excess stock. Their duties include monitoring inventory trends, coordinating with suppliers, analyzing purchase orders, and recommending improvements to procurement strategies. This role is essential for maintaining smooth operations and supporting the financial goals of an organization.

What are the key skills and qualifications needed to thrive as a procurement inventory analyst?

To thrive as a Procurement Inventory Analyst, you need strong analytical skills, proficiency in inventory management, and a relevant degree in supply chain, business, or a related field. Familiarity with ERP systems like SAP or Oracle, advanced Excel skills, and knowledge of procurement processes are typically required. Attention to detail, problem-solving abilities, and effective communication are key soft skills that set top candidates apart. These competencies ensure efficient inventory control, cost-effective procurement, and seamless coordination between departments for optimal operational performance.

How does a procurement inventory analyst typically collaborate with other departments to ensure optimal stock levels?

A Procurement Inventory Analyst regularly works with departments such as purchasing, logistics, and operations to monitor inventory levels and anticipate demand. By analyzing usage patterns and coordinating with stakeholders, they help prevent both overstock and shortages. Effective communication with these teams ensures that procurement orders align with production schedules and sales forecasts, supporting smooth business operations. This collaborative approach is essential for maintaining cost efficiency and meeting organizational goals.

What is the difference between Procurement Inventory Analyst vs Purchasing Coordinator?

AspectProcurement Inventory AnalystPurchasing Coordinator
ResponsibilitiesAnalyzes inventory levels, forecasts needs, manages stock accuracyProcesses purchase orders, coordinates supplier orders, tracks deliveries
Required SkillsData analysis, inventory management, ERP systemsVendor communication, order processing, administrative skills
CertificationsSupply Chain certifications often preferredProcurement or purchasing certifications beneficial
Work EnvironmentOffice-based, supply chain departmentsOffice-based, procurement teams

While both roles support supply chain operations, the Procurement Inventory Analyst focuses on analyzing and managing inventory levels, whereas the Purchasing Coordinator handles order processing and supplier coordination. Understanding these differences helps in choosing the right career path or job focus within procurement and supply chain management.

Is procurement inventory analyst a hard job?

A procurement inventory analyst role involves managing inventory levels, analyzing supply chain data, and coordinating with vendors, which requires attention to detail and analytical skills. The job can be demanding during busy periods or when resolving supply issues but generally involves standard office hours and the use of inventory management software.

What cities in Michigan are hiring for Procurement Inventory Analyst jobs?

Cities in Michigan with the most Procurement Inventory Analyst job openings:

Sourcing Analyst

Troy, MI • On-site

Cummins
Transportation Equipment Manufacturing • 10K+ employees

Full-time

Re-posted 5 days ago


Cummins rating

8.2

Company rating: 8.2 out of 10

Based on 271 frontline employees who took The Breakroom Quiz


Job description

Job Summary:

Collects information, inputs, data from various sources and conducts analysis/simulations to support or report sourcing work. Analyzes sourcing information and presents findings for process improvement and cost reduction while maintaining high quality product and/or service delivery. Supports sourcing processs and or may source assigned items and executes buying strategies in accordance with agreed sourcing strategy at the optimum cost. Supports and or leads some "special" projects within the team category scope. Super User/Subject Matter Experts (SME) for systems and tools to support the team

Key Responsibilities:

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes sourcing and procurement initiatives and processes in support of the delivery of cost effective and high quality goods and services. Supports providing the Value Capture Summaries at month and quarter ends. Prepares and presents recommendations of improvement opportunities and alternative courses of action to senior procurement/sourcing leaders. Consistently applies sourcing policies, procedures and processes. Supports procurement/sourcing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building. Conducts minor contract negotiations. Gathers information and provides input on larger contracts. Manages loading and retrieving of legal and compliance documents into applicable storage systems to support regulatory, audit and research activities. Assists in the process of interviewing and evaluating sales representatives and vendors. Supports Six Sigma projects through active team membership or provision of data and market intelligence. Interacts with suppliers with regard to payments and order fulfillment. Procures services and goods, inventory, supplies, and capital goods (CIP) Compiling and managing Ariba IAC's (Invoice against Contracts) - (CIP) Low complexity /risk sourcing work and contract development under supervisionCummins is an equal opportunity employer. Our policy is to provide equal employment opportunities to all qualified persons without regard to race, sex, color, disability, national origin, age, religion, union affiliation, sexual orientation, veteran status, citizenship, gender identity, or other status protected by law.

College Job type: Entry Level Full Time 

Subfunction: NA

Degree level: BS

Educational Program: Business/Supply Chain preferred, engineering acceptable

Start date: Available within 2-3 months

Job Skill Requirements: Entry level position with business centric acumen

Competencies: 
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders.
Business insight - Applying knowledge of business and the marketplace to advance the organization's goals.
Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
Manages conflict - Handling conflict situations effectively, with a minimum of noise.
Data Analytics - Discovers, interprets and communicates qualitative and quantitative data; determines conclusions relying on knowledge of business or functional frameworks; simultaneously applies statistics, data validity, data visualization, and problem solving approaches to effectively extract meaningful patterns and business insights; presents conclusions and outcomes that enable data driven business decisions.
Confidential Disclosure - Protects Cummins confidential information by using the appropriate channel of communication and ensures that Confidential Disclosure Agreements are in place with all suppliers that Cummins interacts with to protect Cummins Confidential Information and to ensure that the suppliers confidential information is not misused or disclosed in any manner.
Cost and Value Management - Establishes and controls product and service costs using functional tools to deliver and track product and services at competitive prices. Ensures competitiveness of Cummins products in our markets while preserving desired margins. Utilizes Total Cost Opportunity (TCO) model methodology.
Procurement Ethics - Avoids supplier engagement that may compromise supplier sourcing, selection, and management processes and seeks counsel to ensure compliance.
Procurement Policies, Procedures, Tools - Understands all of the relevant Procurement policies and procedures and complies with them in daily work; Masters all tools required to conduct procurement work. Knows how to access documents in the appropriate Document Management System (DMS) and/or who to ask if clarification or expansion of the information contained in each document is needed.
Procurement Systems - Recognizes linkage to multiple systems such as purchasing order, payment, engineering release, and quality systems; troubleshoots and corrects issues resulting from data issues; writes ad-hoc reports using tools within each application; identifies and documents work flows and system testing; actively participates in implementation process of new purchasing systems including requirements gathering, design, communication, and training.
Source to Pay Principles - Leverages key principles of the Source to Pay process to smoothly execute sourcing decisions, order placement, material/service acquisition and on-time payment of Suppliers.
Sourcing - Utilizes the purchasing functional system to support the Request For Quote process and establish a Total Cost of Ownership comparison of suppliers based on the category strategy and define the supplier that is most likely to meet Cummins and customer's needs.
Supply Base Risk Management - Minimize supplier risk to Cummins by proactively mitigating risks through use of risk analysis tools and risk mitigation playbook to manage three key risk: 1) Continuity of Supply, 2) Reputational Risk, and 3) Risk to our Margins of parts. By minimize disruption and services throughout supply chain. Manage and leverage supplier selection and dual sourcing opportunities as a first line of defense against supplier risk.
Values differences - Recognizing the value that different perspectives and cultures bring to an organization. 
Education, Licenses, Certifications: 
College, university, or equivalent degree in field appropriate for the function required or equivalent experience required.
This position may require licensing for compliance with export controls or sanctions regulations. 
Experience: 
College, university, or equivalent degree in field appropriate for the function required or equivalent experience required.
This position may require licensing for compliance with export controls or sanctions regulations

U.S. Early Careers Eligibility Requirements:

Exempt Entry Level: Designed for external candidates within 2 years of completing their highest level of degree (Bachelor, Master, PhD, MBA, or JD) from an accredited U.S. college/university, and currently reside within the continental U.S.

International Student Eligibility (U.S. based roles): F-1 visa students must have approved Curricular Practical Training (CPT) or Occupational Practical Training (OPT) before their Early Career assignment begin. CPT/OPT must relate to their degree and be authorized by their university. Students are responsible for securing this approval through their school's international office.


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About Cummins

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Cummins Inc., headquartered in Columbus, IN, US, is a global power leader that designs, manufactures, and distributes numerous power products and systems. With its genesis from as early as 1919, the company readily serves diverse industries such as transportation, industrial, generator drive, or marine applications, among others. At the heart of Cummins' operations, its key product lineup encompasses diesel & natural gas engines, generator sets, engine components, and filtration, emission solutions, and electrical power generation systems. Cummins deeply embodies core values of integrity, respect for diversity, teamwork, performance excellence, and social responsibility - all of which dynamically fuel their mission 'Making people's lives better by powering a more prosperous world'.

Industry

Transportation equipment manufacturing

Company size

10,000+ Employees

Headquarters location

Columbus, IN, US

Year founded

1919