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IT Procurement Analyst - Level I

1 Month ago • 2 Years + • Administrative

Job Summary

Job Description

The IT Procurement Analyst – Level I at Trek Bicycle will manage technology-related contracts, ensuring data accuracy and operational excellence. Responsibilities include utilizing software systems (CLM, ERP, Work Management), analyzing data, reviewing contracts for financial risk, negotiating contracts under $50K TCV, collecting stakeholder requirements, proposing process improvements, performing cost analysis, assessing financial risks, generating reports, creating purchase orders, and presenting findings. The role requires strong communication and detail-orientation, collaborating with stakeholders to align procurement goals with business needs. Experience in procurement or supply chain is essential.
Must have:
  • 2+ years in Procurement/Supply Chain
  • Contract management & analysis
  • Data accuracy & operational excellence
  • Strong communication skills
  • Proficiency in MS Office Suite
Good to have:
  • Understanding of core IT concepts
  • CPSM, CPM or related qualifications
  • Procure-to-pay lifecycle understanding
Perks:
  • Amazing benefits
  • Opportunities to learn and grow

Job Details

A bit about us 

Trek is an awesome place to work, with amazing benefits for all employees. We build only products we love, provide incredible hospitality to our customers, and change the world by getting more people on bikes. When you’re on our team, you’re taken care of, encouraged to learn and grow, and given lots of opportunities to do so. Give us your best, and we’ll give it right back. Sound pretty sweet? Then come join us!
 

Job Description

Job Description

Job Title: IT Procurement Analyst - Level I
Trek Bicycle | India

Company Summary

Trek Bicycle is a global leader in the design and manufacture of bicycles and related products. Trek believes the bicycle can be a simple solution to many of the world’s most complex problems and is committed to breaking down the barriers that prevent people from using bicycles more often for transportation, recreation, and inspiration. Our mission is to create products we love and take care of our customers.  We value our team, making sure the best is on the field. We value new ideas from anywhere, inspiring others with our positive energy, dealing with reality to make the tough calls, and getting things done fast- turning ideas into reality. 

Come, join us, and help us transform the world, the bike, and have a blast while doing it! 

Position Description

Trek Bicycle is looking for an IT Procurement Analyst – Level I. This person will be detail oriented and possess strong written and verbal communication skills. These communication skills will be foundational in taking on responsibilities curating and managing our extensive list of technology-related contracts. This person should be able to demonstrate a strong desire to ensure data accuracy and operational excellence. These skills will be foundational to assist with managing the renewal pipeline for the rest of the IT Procurement team along with ensuring data accuracy of our contract and purchase order records.

Position Responsibilities:

  • Utilize software systems including Contract Lifecycle Management, ERP, Work Management, and office applications
  • Analyze data for accuracy and update CLM accordingly
  • Review current contract estate for financial risk and update records accordingly
  • Negotiate contracts and renewals under $50K TCV
  • Collect requirements from stakeholders for contract renewals and net new requisitions
  • Propose process Improvements
  • Perform cost analysis
  • Assess financial and commercial risk
  • Generate and prepare reports
  • Create purchase orders for execution with suppliers
  • Prepare and present data / findings in a concise readable format

Position Requirements:

  • 2+ years of experience in a Procurement or Supply Chain Role
  • Ensure compliance with Procurement standards and internal processes
  • Manage multiple procurement activities simultaneously
  • Maintain accurate documentation of procurement and vendor related activities
  • Collaborate with stakeholders and departments to align procurement goals to business needs
  • As needed, provide procurement support and guidance to internal stakeholders
  • Proficiency with the Microsoft Office suite of tools
  • Basic understanding of financial cost analysis principles

Additional Experience Preferred:

  • Understanding of core IT concepts (SaaS, Software, Infrastructure technology, and Professional Services)
  • CPSM, CPM or related qualifications
  • Understanding of procure-to-pay lifecycle

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

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