Procurement Analyst

Purpose The Procurement Analyst will support procurement and inventory planning activities to ensure the timely acquisition and availability of materials and services required for business operations. The role focuses on supporting delivery performance, cost efficiency, quality, and supply risk mitigation while collaborating closely with cross-functional teams and suppliers to meet operational requirements.

Key Areas of Responsibility The incumbent is responsible for the following primary areas:

1. Purchasing-30%
2. Stock planning/Replenishment-20%
3. Supplier Management and Co-ordination-20%
4. Tactical Sourcing-20%
5. Cross-Functional Collaboration-10%

KRA1

Purchasing

Create, process, and track purchase orders (POs) to meet business requirements.

Monitor order status, delivery schedules, and supplier commitments to ensure on-time delivery.

Resolve purchase order discrepancies and maintain accurate purchasing records.

KRA2

Stock planning/Replenishment

Monitor inventory levels to prevent stockouts and overstocking.

Support replenishment planning using demand trends, stock levels, and supplier lead times.

Apply Lean and Just-in-Time (JIT) principles to optimize inventory and reduce waste..

KRA3

Supplier Management and Co-ordination

Communicate with suppliers regarding purchase orders, delivery timelines, pricing, and quality issues.

Monitor supplier performance against cost, quality, responsiveness, and delivery expectations.





KRA4

Tactical Sourcing

Identify alternative suppliers and product substitutions to maintain supply continuity.

Obtain and compare quotations to ensure competitive pricing, quality, and availability.

Coordinate with relevant teams to validate substitutions and meet urgent business needs.

KRA5

Cross-Functional Collaboration

Work with Planning, Operations, Warehouse, Finance, and other teams to align purchasing and inventory requirements.

Identify and resolve supply chain bottlenecks and material shortages.

Support procurement reporting, data analysis, and continuous improvement initiatives.

Requirements: Skills and Experience

Diploma or degree in Supply Chain Management, Procurement, Business Administration, or a related field.

0–2 years of experience in purchasing, procurement, inventory, or supply chain operations; co-op experience is an asset.

Proficiency in Microsoft Excel; experience with ERP/MRP systems such as SAP, Oracle, or Microsoft Dynamics is an advantage.

Basic understanding of inventory management, supplier coordination, and procurement processes.

Robust analytical, organizational, communication, and problem-solving skills.

Ability to prioritize tasks and collaborate effectively across teams

Job Type: Contract

Pay: From $40,000.00 per year

Experience

- Procurement and inventory: 2 years (preferred)

Work Location: In person

📌 Procurement Analyst (Mississauga)
🏢 Signifi Solutions
📍 Mississauga