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Procurement Analyst

Posted February 22, 2021

Bally's Corporation
Lincoln, RI
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About This Job

Description

The Procurement Analyst will conduct cost-benefit analyses to determine where improvement can be made through re-negotiating contracts with existing suppliers or negotiating contracts with new suppliers. Position is the liaison between internal departments and suppliers, analyzing, and comparing products & services, and scrubbing current spend for cost saving measures.

Principal Duties and Responsibilities

  • Analyze current spend to develop cost-savings initiatives.
  • Prepare cost-benefit analysis reports for review by Executive Director of Procurement and Senior Management.
  • Negotiating favorable procurement contracts with selected vendors and suppliers, as supported by cost-benefit analysis.
  • Track vendor performance as related to such renegotiated/negotiated procurement contracts.
  • Provide recommendations on all procurement related issues, plans, reports, trainings and metrics.
  • Analyze industry trends and market competitions to develop business improvement initiatives.
  • Determining supply needs and researching potential suppliers.
  • Track and analyze Diversity Spend, reporting on benefits and effectiveness.
  • Acting as a liaison and communicating pricing and performance needs to vendors and suppliers.
  • Documenting the features and benefits of products and services.
  • Documenting processes and generating monthly supply cost reports.
  • Monitoring the company's demand for products to avoid supply shortages.
  • Keeping abreast of commodities, vendor and supplier-related activities in the industry.
  • Assist team in procurement related activities as needed.

Competencies

  • Proficiency in electronic procurement and analytical software – RedRock experience preferred.
  • In-depth business management, supply chain, and strategic sourcing knowledge.
  • Advanced analytical skills
  • Proficient in Excel
  • Exceptional negotiation skills
  • Excellent interpersonal and communication skills

Supervisory Responsibility

None

Requirements

Preferred Education and Experience

  • Bachelor's degree in finance, business, business administration, or accounting.
  • CPSM certification in supply chain management a plus.
  • More than five years' procurement analysis experience in a related industry.
  • Experience in the Gaming Industry preferred.

Work Environment

This position operates in a professional office environment.  This role routinely uses standard office equipment such as computers, phone, photocopier, filing cabinets and fax machines.  The noise level is usually moderate.

Physical Demands

While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands to finger, handle or feel objects, tools or controls. The employee is occasionally required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch or crawl.  The employee must occasionally lift and/or move objects up to 25 pounds. Specific vision abilities required by this position include close vision, distance vision, color vision, peripheral vision and the ability to adjust focus.

Additional Information

All applicants must be able to demonstrate their US work authorization during the employment verification process.

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About this Employer

Bally's Corporation

100 Twin River Road
Lincoln, RI 02865

(401) 475-8564

Management Company

www.ballys.com

About the company

Bally's Corporation currently owns and manages 11 casinos across seven states, a horse racetrack, and 13 authorized OTB licenses in Colorado. With more than 5,400 employees, the Company's operations include 11,859 slot machines, 405 game tables and 2,538 hotel rooms. Properties include Twin River Casino Hotel (Lincoln, RI), Tiverton Casino Hotel (Tiverton, RI), Hard Rock Hotel & Casino (Biloxi, MS), Casino Vicksburg (Vicksburg, MS), Eldorado Resort Casino Shreveport (Shreveport, LA), Dover Downs Hotel & Casino (Dover, DE), Bally's Atlantic City (Atlantic City, NJ), Casino KC (Kansas City, MO), Golden Gates Casino (Black Hawk, CO), Golden Gulch Casino (Black Hawk, CO), Mardi Gras Casino (Black Hawk, CO), and Arapahoe Park racetrack (Aurora, CO). Following the completion of pending acquisitions, which include Tropicana Evansville (Evansville, IN), Jumer's Casino & Hotel (Rock Island, IL), and MontBleu Resort Casino & Spa (Lake Tahoe, NV), the Company will own and manage 14 casinos across 10 states. Its shares trade on the New York Stock Exchange under the ticker symbol "BALY."