Procurement Analyst

Position Summary

We are seeking aProcurement Analystto join our Indirect Procurement team as an individual contributor focused on managing addressable spend throughstrategic procurement processes, including spend analysis, cost modeling, managingcompetitivebiddingevents,and negotiations across various indirectspendcategoriesto ensure Avid’s financial and operational interests are managed for.

This role isprimarilyresponsible for the end-to-end management ofprocuringdeals, from market analysis and negotiation to contract facilitation and purchase order approval. The Procurement Analyst will be entrusted with managing complex stakeholder relationships and will be held accountable for delivering quantifiable value and operational efficiency.

Key Responsibilities:

Sourcing & Spend Management:

• Manage full lifecycle for assigned addressable indirect spend categoriesand / or projects, developing and executing category strategies as needed

• Conduct and lead competitive sourcing events–e.g.RFXs–including scoping, bidder management, requirement gathering, and proposal analysisand recommendation

• Lead commercial negotiations with vendors to achieveoptimalpricing, terms, and service levels

• Collaborate with internal stakeholders–e.g.Finance, Information Security,Legal,etc. –tofacilitateoperational risk reviewsandcontract execution

• Identify, track, and report on savings and value-add opportunities generated through strategicprocurementactivities

• Approve purchase orders (POs) in NetSuite or a comparable system, ensuring all purchases align with negotiated agreements, policies, and processes

Strategic Projects & Process Improvement:

• Undertake stretch assignments to ideate and lead strategic initiatives aimed atoptimizingand transforming existing procurement processes

• Conduct market research and analysis toidentifynew trends, solutions, and best practices that can inform procurement strategy

• Partner with stakeholders to define business requirements and translate them into a clear procurement strategy

Accountability, Collaboration, and Reporting:

• Take ownership of performance goals and deliver on key metrics related tospendunder management, savings, and project completion

• Partner effectively with internal and external stakeholders such as Finance, IT, Legal, andseniorleadership to manage sharedinterests /workflows and ensure alignment onprocurementstrategy

• Develop and present planned or ad hoc reports onprocurementinitiatives, spend trends, and project status

Qualifications:

Education:

A bachelor’s degree in a business-related field (e.g.Business, Finance, Supply Chain) from an accredited university is desired

Experience, Characteristics, and Skills:

• High degree of accountability and a proactive, self-starting attitude

• Exceptional negotiation and influencing skills, witha track recordof drivingstrongcommercial outcomes

• Excellent verbal and written communication skills in the English language, with the ability to articulate complex procurement conceptssimply

• Independent ability to build and manage professional relationships withinternal and externalstakeholders

• Strong analytical and problem-solving skills, with demonstrable experience in financial modeling and opportunity cost analysis

• Minimum of five (5) years of professional experience, with at least three (3) years offocusedexperience inpurchasing /procurement/ sourcing

• Proven success in managing end-to-end competitivebiddingprocesses across multiplespendcategories

• Demonstrableexpertisewith data configuration and analysis, and advanced Microsoft Excel skills –e.g.leveragingformulas, pivot tables, lookups, etc.

• Proficiencywith Microsoft Office Suite in addition to demonstrableexpertiseusing NetSuite or a comparably mature ERP system –e.g.SAP, Oracle, etc. for procurement purposes