RaceTrac Company Overview
Job Description:
The SRM Analytics Analyst sits with the Procurement Business Analytics team but supports cross functionally within the larger Procurement function and other RaceTrac business units. The Analyst must be comfortable digging into large pools of data via PowerBI to identify organizational spending trends and be proficient in reviewing contractual agreements to identify areas of opportunity to enhance value. The Analyst must be able to clearly communicate their findings to both their department leadership and to the various business units within the organization. This role is a support function that is critical in planning key initiatives for three different teams within Procurement: (1) Contracts, (2) Strategic Sourcing, (3) and Business Analytics. The Analyst will conduct evaluations of spend trends and contractual terms to identify and recommend strategies for the three teams to execute upon. Additionally, the analyst will be responsible for conducting cross functional enterprise wide supplier relationship management activities such as vendor segmentation, supplier mapping, and 3rd party risk evaluation. More tactically, the Analyst will be responsible for connecting contract spend values to the affiliated agreements within the corporate contract repository. This role will collaborate very closely with the Legal team as well, and the Analyst will need to be able to develop and maintain a relationship with cross functional teams.
What You'll Do:
Investigate companywide spend via analytic tools such as PowerBI, to identify cost savings opportunities, supplier consolidation, and sourcing trends.
Review upcoming contract terminations and renewals to identify strategies for risk mitigation affiliated with unmanaged spend, poor contractual terms, or weak enterprise strategy.
Draft reports recommending negotiation strategies for intradepartmental review.
Collaborate with Procurement leadership to understand Stakeholder needs and how those impact identified opportunities
Segment suppliers by spend, stakeholder business owner, and overall potential impact to RaceTrac
Utilize intelligence tools to evaluate supplier risk and business continuity plans
Develop and maintain dashboards and reports affiliated with enterprise SRM activities such as supplier segmentation.
What We're Looking For:
Bachelor’s degree in Business Analytics, Category Management, or related field, or equivalent work experience
Familiarity with Microsoft Office, specifically Excel and PowerPoint
Understanding of contract terminology and contracting best practices
Familiarity with data visualization tools
Understanding of data mining
Fueled by Growth, Driven by You
At RaceTrac, our people make the difference. Whether you’re working in a store, at our corporate office, or on the road, you’ll be part of a team that brings energy, innovation, and a passion for serving others every day. We support each other, celebrate wins big and small, and create opportunities for growth at every level. With four operating divisions RaceTrac, RaceWay, Energy Dispatch, and Gulf - there’s always a new challenge to take on and a new path to pursue. Join us and discover how far your career can go.
All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
Responsibilities:
Investigate companywide spend via analytic tools such as PowerBI, to identify cost savings opportunities, supplier consolidation, and sourcing trends.
Review upcoming contract terminations and renewals to identify strategies for risk mitigation affiliated with unmanaged spend, poor contractual terms, or weak enterprise strategy.
Draft reports recommending negotiation strategies for intradepartmental review.
Collaborate with Procurement leadership to understand Stakeholder needs and how those impact identified opportunities
Segment suppliers by spend, stakeholder business owner, and overall potential impact to RaceTrac
Utilize intelligence tools to evaluate supplier risk and business continuity plans
Develop and maintain dashboards and reports affiliated with enterprise SRM activities such as supplier segmentation.
Qualifications:
All qualified applicants will receive consideration for employment with RaceTrac without regard to their race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.