Procurement Data Analyst

Job Title: Procurement Data Analyst Department: Wholesale & Sourcing Reports to: VP of Operations Effective Date: 4/22/2024 DreamFields is one of the top 5 cannabis companies in the industry through our leading #1 pre-roll brand, Jeeter. The company is very passionate about producing world-class marketing, high quality, innovative products, delivering unprecedented customer experiences, having cutting-edge operations, and curating an amazing company culture & thriving work environment. With over 1500+ employees we are proud to be one of the most loved employers in the industry. The company continues to experience exponential month-over-month growth as one of the fastest-growing companies in the cannabis industry and we have begun our aggressive national expansion to all the legalized cannabis states in the USA. Job Summary: As a Procurement Data Analyst, you will play a vital role in leveraging data to drive procurement decisions. You will collect, analyze, and interpret procurement data to uncover trends, forecast demand, and assess supplier risk. With a strong foundation in data analytics and business intelligence tools, you will provide actionable insights that inform procurement strategies. You will work closely with IT and procurement teams to ensure data quality and develop dashboards and reports that support decision-making. Your expertise will be invaluable for our organization as we rely on data-driven approaches to enhance our procurement practices. Your ability to evaluate, improve, and sustain supplier performance will contribute significantly to our business objectives. Additionally, your knack for staying abreast of industry trends and emerging technologies will be crucial in informing our procurement decisions. Duties/Responsibilities: Backend support of relationships in strategic and non-strategic cannabis suppliers Develop and manage processes, establish policies, and develop value-adding strategies to our current platform Ensure procurement processes meets audit, regulatory, and legal standards Works closely with procurement team for supplier performance measurements and reporting frameworks Integral part of supplier selection process and managing the relationships of existing suppliers Applies business strategies to daily activities, contributes to make-buy decisions, identifies market opportunities, gaps and trends Validates data integrity, identifies data gaps, and updates & corrects system data Work environment is mostly office based; however, this position may visit internal production areas as well as external supplier sites, which may involve travel Build relationships inside and outside of the supply chain organization; influencing, persuading, and collaborating with others in order to support business objectives Effectively evaluate, improve, and sustain supplier performance, including but not limited to: Quality, Cost, Delivery, Lead-time, Bid & Proposal Turn-times, Project & Field Support, etc Drives cost management through identifying and implementing opportunities for cost reduction, utilizes cost modeling techniques, and analyzing TCO to ensure the best overall value Develop a network that allows the Senior Executives to leverage internal and external relationships to continuously improve responsiveness & service levels Support NPI, strategic sourcing, and supplier selection to ensure flexible capacity and consistent supply from qualified suppliers to support business objectives Uses rigorous logic and methods to solve difficult problems Unearth root cause to assess risk to the business and develop business continuation plans Prepares monthly KPI and financial reports Prepare and present regular procurement reports to management, highlighting key performance indicators and cost-saving opportunities Stay updated on industry trends, market conditions, and emerging technologies to make informed procurement decisions Qualifications: 2+ years of strategic sourcing/procurement and/or contract experience Experience with ERP, SCM, VCM, and/or Source-to-Pay tools Experience in team environments and supplier relationship management Comfort with written and verbal communication of quantitative and qualitative information Experience being in a support role to procurement or sales, assisting with data collection, schedule administration, lead development, purchase order processes, and contact management, etc. Experience in contract development, administration, and/or management Experience managing multiple simultaneous projects in a fast-paced environment with several stakeholders Effective communicator in written and oral form Organized, detailed and highly accurate in all reporting functions Experience preparing presentations and reports for senior management Strong data analysis and reporting skills Good time management skills and a willingness to go the extra mile High self-motivation and keen attention to detail are required Ability to multi task in a fast-paced organization EEOC: DreamFields is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status.