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Spend Analysis Jobs (NOW HIRING)

Perform spend criticality analysis across categories and enterprise-wide spend * Identify market trends, cost drivers, industry benchmarks, and sourcing opportunities * Analyze off-contract and non ...

Own end-to-end freight spend analysis across inbound and outbound transportation, including Air, Ocean, Ground (TL/LTL), and Small Parcel. * Develop and maintain f reight cost as % of revenue, budget ...

Own end-to-end freight spend analysis across inbound and outbound transportation, including Air, Ocean, Ground (TL/LTL), and Small Parcel. * Develop and maintain f reight cost as % of revenue, budget ...

Monitor supplier performance through scorecards and identify improvement opportunities Cost and Spend Analysis * Analyze spend data to identify cost savings opportunities and sourcing consolidation ...

Cost and Spend Analysis: * Analyze spend data to identify cost savings opportunities and sourcing consolidation possibilities. * Support cost breakdown analysis (should-cost modeling, total landed ...

Sourcing Analyst 1

Burr Ridge, IL · On-site

$50K - $65K/yr

Cost and Spend Analysis: * Analyze spend data to identify cost savings opportunities and sourcing consolidation possibilities. * Support cost breakdown analysis (should-cost modeling, total landed ...

Sourcing Analyst 1

Burr Ridge, IL · On-site

$50K - $65K/yr

Cost and Spend Analysis: * Analyze spend data to identify cost savings opportunities and sourcing consolidation possibilities. * Support cost breakdown analysis (should-cost modeling, total landed ...

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Spend Analysis information

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$38.5K

$88.1K

$118K

How much do spend analysis jobs pay per year?

As of Jun 16, 2026, the average yearly pay for spend analysis in the United States is $88,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $110,500.00 per year, depending on experience, location, and employer.

What is spend analysis?

Spend analysis is the process of collecting, cleansing, classifying, and analyzing expenditure data within an organization to identify cost-saving opportunities, improve procurement processes, and enhance supplier relationships. It helps businesses gain visibility into their spending patterns, uncover inefficiencies, and support strategic sourcing decisions. By leveraging spend analysis, organizations can make data-driven decisions to optimize their procurement activities and reduce costs.

What does a spend analyst do?

A spend analyst is responsible for reviewing and analyzing an organization’s procurement data to identify cost-saving opportunities and improve purchasing efficiency. They use tools like Excel and spend management software to track expenses, develop reports, and support strategic sourcing decisions. Strong analytical skills and attention to detail are essential for this role.

What are some common challenges faced by professionals in Spend Analysis roles, and how can they be addressed?

Professionals in Spend Analysis often encounter challenges such as inconsistent data sources, incomplete supplier information, and resistance to process changes from stakeholders. Addressing these issues typically involves implementing robust data cleansing protocols, establishing standard data management practices, and regularly collaborating with procurement, finance, and IT teams to ensure data consistency. Additionally, clear communication and stakeholder engagement are key to driving adoption of insights and recommendations generated through spend analysis.

What jobs pay $500,000 a year in the US?

In the field of spend analysis, high-paying roles such as Chief Financial Officer (CFO), Chief Procurement Officer, or senior finance executives can earn $500,000 or more annually, especially in large organizations. These positions typically require extensive experience, advanced certifications, and strong leadership skills, often involving strategic decision-making and oversight of financial or procurement functions.

What job makes $10,000 a month without a degree?

A Spend Analysis professional can potentially earn $10,000 or more per month through roles in data analysis, financial consulting, or procurement management, often requiring strong analytical skills and experience with tools like Excel or specialized software. High-level positions in these fields may be achieved through experience, certifications, and demonstrated expertise rather than formal degrees.

What are the key skills and qualifications needed to thrive as a Spend Analyst, and why are they important?

To thrive as a Spend Analyst, you need a solid background in data analysis, procurement processes, and financial management, typically supported by a degree in finance, business, or a related field. Proficiency with data analytics tools like Excel, Tableau, and spend analysis software such as Coupa or SAP is commonly required. Strong attention to detail, problem-solving abilities, and effective communication are vital soft skills in this role. These skills are crucial for identifying cost-saving opportunities, optimizing supplier relationships, and supporting strategic purchasing decisions.

Is a budget analyst an entry level job?

A budget analyst is often an entry-level position that requires a bachelor's degree in finance, accounting, or a related field. However, some roles may require prior experience or specialized skills in financial analysis or software tools like Excel. Advancement typically involves gaining experience and developing expertise in budgeting and financial planning.

What is the difference between Spend Analysis vs Procurement Analyst?

AspectSpend AnalysisProcurement Analyst
Primary FocusAnalyzing company spending data to identify savings opportunitiesManaging procurement processes and vendor negotiations
Skills RequiredData analysis, reporting, financial acumenProcurement strategies, supplier management, negotiation skills
Tools UsedSpreadsheets, data analytics softwareProcurement platforms, ERP systems
Work EnvironmentFinance, supply chain, or procurement departmentsProcurement or sourcing teams within organizations

While both roles involve procurement and supply chain functions, Spend Analysis primarily focuses on analyzing spending data to optimize costs, whereas a Procurement Analyst manages procurement activities and vendor relationships. Understanding these differences helps organizations assign the right responsibilities and skills to each role.

More about Spend Analysis jobs
Category Analyst

Category Analyst

Wabash Solutions Inc

Atlanta, GA • On-site

Contractor

Posted 20 days ago


Job description

Summary

Reporting to the Category Manager, the Category Analyst supports the Category Management team through spend analysis, supplier evaluation, market research, and sourcing support. This role helps drive category strategy, operational improvements, and cost-saving initiatives across procurement activities.

The ideal candidate has a strong analytical background in engineering, finance, economics, analytics, or data analysis and is comfortable working with large datasets to identify trends, cost drivers, and sourcing opportunities.

Work Schedule: Onsite 4 days per week


Responsibilities

Spend & Category Analysis

  • Analyze spend data and support category sourcing initiatives
  • Conduct category, market, benchmark, and supplier analysis
  • Perform spend criticality analysis across categories and enterprise-wide spend
  • Identify market trends, cost drivers, industry benchmarks, and sourcing opportunities
  • Analyze off-contract and non-compliant spend activity

Supplier & Sourcing Support

  • Develop sourcing evaluation models, negotiation models, and supplier scorecards
  • Build total cost of ownership (TCO) models and identify savings opportunities
  • Monitor supplier performance metrics, KPIs, and service levels
  • Research new suppliers, substitute products/services, and emerging market participants
  • Support sourcing strategies and category initiatives in collaboration with stakeholders

Process Improvement & Collaboration

  • Develop and maintain supplier and category databases
  • Support procurement process improvements and future-state process documentation
  • Collaborate cross-functionally with procurement teams and business stakeholders

Required Skills & Experience

  • 3–5 years of experience in:
    • Category Management
    • Spend Analysis
    • Procurement Analytics
    • Supply Chain Analytics
    • Data Analysis
  • Experience with analytics and visualization tools such as:
    • Power BI
    • Tableau
    • Python
    • QlikView
    • Alteryx
    • SQL
  • Strong experience with:
    • Spend analysis and reporting
    • Supplier performance metrics and KPI tracking
    • Market analysis and sourcing support
    • Strategic sourcing methodologies
    • Procurement processes and contract support
    • Data-driven decision making
  • Core Competencies
    • Strong analytical and problem-solving skills
    • Excellent written and verbal communication skills
    • Strong organizational and project management abilities
    • Ability to manage multiple priorities in a fast-paced environment
    • Financial acumen and business awareness

Preferred Skills & Experience

  • Experience within the rail industry or similar large-scale supply chain environments
  • Experience supporting strategic sourcing and supplier negotiations
  • Project Management or Supply Chain certifications

Education

Bachelor’s degree preferred in one of the following:

  • Engineering
  • Computer Science
  • Finance
  • Economics
  • Business
  • Related technical discipline