Procurement Analyst

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Avid

WebsiteLinkedInAll Job Openings

1001 - 5000 employees

Founded 1987

📱 Media

🤖 Artificial Intelligence

Media • Entertainment • Artificial Intelligence

Avid is a company that provides innovative tools and software solutions for the media, entertainment, and music production industries. Known for products like Pro Tools and Media Composer, Avid helps creative professionals produce top-quality audio and video content, from music and movies to news and live performances. The company integrates advanced technology, including AI, to enhance workflows and efficiency in content creation. Avid also emphasizes ethical AI and collaborates with industry groups to promote responsible use in music and media production.

📋 Description

• Manage full lifecycle for assigned addressable indirect spend categories and/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 analysis and recommendation. • Lead commercial negotiations with vendors to achieve optimal pricing, terms, and service levels. • Collaborate with internal stakeholders – e.g. Finance, Information Security, Legal, etc. – to facilitate operational risk reviews and contract execution. • Identify, track, and report on savings and value-add opportunities generated through strategic procurement activities. • Approve purchase orders (POs) in NetSuite or a comparable system, ensuring all purchases align with negotiated agreements, policies, and processes. • Conduct market research and analysis to identify new 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. • Take ownership of performance goals and deliver on key metrics related to spend under management, savings, and project completion. • Develop and present planned or ad hoc reports on procurement initiatives, spend trends, and project status.

🎯 Requirements

• A bachelor’s degree in a business-related field (e.g. Business, Finance, Supply Chain) from an accredited university is desired. • Minimum of five (5) years of professional experience, with at least three (3) years of focused experience in purchasing/procurement/sourcing. • High degree of accountability and a proactive, self-starting attitude. • Exceptional negotiation and influencing skills, with a track record of driving strong commercial outcomes. • Excellent verbal and written communication skills in the English language, with the ability to articulate complex procurement concepts simply. • Independent ability to build and manage professional relationships with internal and external stakeholders. • Strong analytical and problem-solving skills, with demonstrable experience in financial modeling and opportunity cost analysis. • Proven success in managing end-to-end competitive bidding processes across multiple spend categories. • Demonstrable expertise with data configuration and analysis, and advanced Microsoft Excel skills – e.g. leveraging formulas, pivot tables, lookups, etc. • Proficiency with Microsoft Office Suite in addition to demonstrable expertise using NetSuite or a comparably mature ERP system – e.g. SAP, Oracle, etc. for procurement purposes.

🏖️ Benefits

• Remote work model offering flexibility to balance work and life. • Access to development programs with strong support and mentoring to help you grow and advance within the company. • Attractive benefits package including health & life insurance, referral rewards, and generous leave policies to ensure a healthy work-life balance.