Procurement Analyst

Company Overview

Grounded by a history that is deeply rooted in innovation, Hexion is a global employer committed to building and protecting the future by producing innovative performance materials.  Our materials are the building blocks for critical industries, including construction, agriculture, energy, automotive, and infrastructure protection. Everywhere you look, you will find our materials and people at work to help customers make products that are stronger, safer, and cleaner. When you work for Hexion, you’ll join a team that is committed to operating safely and with integrity to build a more sustainable future for all, our associates, our customers, and the communities where we live and work.  

Position Overview

We are seeking a detail-oriented and analytical individual to join our team as a Procurement Analyst. In this role, you will be responsible for monitoring and analyzing logistics operations, energy markets, and associated costs to optimize efficiency and reduce expenses. You will work closely with various departments to gather data, conduct research, and develop strategies to improve our logistical processes and manage energy-related expenses effectively.

Job Responsibilities

Key Responsibilities 

• Monitoring and analyzing global 3rd party spend, including logistics, chemicals and energy markets
• Lead Supply Scenario Analysis (transloading, storage, rail turns analysis, payload analysis, $/mile analyses, mode analysis, Warehouse Location analysis, etc.)​
• Design and support of RFI, RFP and RFQ in partnership with procurement partners.
• Challenging current strategies and BATNAs​

1. Cost Management: Monitor and track logistics-related expenses, including transportation costs, fuel expenses, warehousing fees, and energy consumption. Identify cost drivers and implement strategies to mitigate expenses while maintaining service levels. 
2. Data Analysis: Collect and analyze data related to logistics operations and energy consumption. Use statistical methods and modeling techniques to identify patterns, trends, and correlations that can inform decision-making and cost-saving initiatives. 
3. Vendor Management: Work closely with logistics service providers, energy suppliers, and other vendors to negotiate contracts, optimize service levels, and minimize costs. Evaluate vendor performance and make recommendations for improvements or changes as needed. 
4. Compliance and Regulatory Compliance: Ensure compliance with regulatory requirements related to logistics operations, energy usage, and environmental standards. Stay updated on relevant laws and regulations to mitigate risks and avoid penalties. 
5. Collaboration: Collaborate with cross-functional teams, including supply chain, procurement, finance, and operations, to develop and implement strategies for cost optimization and process improvement. Communicate effectively to ensure alignment and support for initiatives. 

Required Skills 

• Ability to quickly synthesize and distill industry data and information into relevant economic drivers and leverage points 
• Program leadership and skilled at escalating and resolving barriers or milestone gaps to keep on-target 
• Working knowledge of cost estimation, expected value, capacity utilizations, and optimization techniques 
• Proficient at navigating the fast/precise continuum and using engineering rules-of-thumb to build cost and decision models 

Competencies

• Drives scope development and management 
• Influences without authority 
• Comfortable managing raw data and understanding how it fits into the broader picture of the specific analysis being performed 
• Builds credibility from synthesis, flexibility, and prioritization 
• Incorporates scenarios and options to frame uncertainty 
• Creates value by distilling data into industry trends and competitive insights 
• Develops metrics to track progress towards goals 
• Demonstrates a sense of personal urgency and energy to achieving results 
• Leads value creation through the empowerment of others, sharing information, and leveraging knowledge across the organization 
• Adept at Future Based thinking 

Minimum Qualifications

• 4+ years relevant combined in procurement and/or analytics
• Experience developing economic models integrating sourcing, supply chain, trade flow data, and process economics
• Demonstrated success leading cross-functional programs in a matrixed environment
• Strong ability to frame risk/opportunities with progressive levels of detail
• Proficiency in working in a fast-paced, complex, dynamic, multicultural business environment
• Strong analytical skills with the ability to interpret complex data and draw actionable insights.
• Excellent communication and interpersonal skills.
• Detail-oriented with a focus on accuracy and precision.
• Experience in petrochemicals, energy, or related industries, with a focus on market analysis, cost management, or strategic planning is preferred

Education Requirements 

• Bachelor's degree in Business Administration, Supply Chain Management, Logistics, Economics, or a related field. 
• Master's degree preferred 

Other

We are an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to gender, minority status, sexual orientation, gender identity, protected veteran status, status as a qualified individual with a disability or any characteristic protected by law.

In order to be considered for this position candidates are required to submit an application for employment through our career site, be at least 18 years of age, willing to take a drug test, submit to a background investigation as part of the selection process, as well as additional periodic background checks as required by the Chemical Facility Anti-Terrorism Standards (CFATS) or regulations adopted by the department of Homeland Security or other regulatory agencies.

Candidates are required to have unrestricted authorization to work in the United States.

If currently an employee of the Company, you must have current satisfactory work performance and in most cases, have been in your current role for 18 months.

Disclaimer: We are not accepting unsolicited assistance from search firms/employment agencies for this employment opportunity. Please, no phone calls or emails to any employee about this position. All resumes submitted by search firms/employment agencies to any employee of the Company via email, the Internet, or in any other form and/or method without a valid written search firm agreement in place for this position will be deemed the sole property of the Company; no fee will be paid in the event a candidate is hired by the Company as a result of the unsolicited referral or through other means.