Procurement Analyst

About the Role

Xometry is seeking a detail-oriented, technically skilled Procurement Analyst to support our Procurement Excellence team in executing the Partner RFQ (Request for Quote) initiative. This role is critical to converting strategic, high-value manufacturing opportunities into orders by identifying the optimal partners, negotiating competitive pricing, and driving continuous improvement in the Partner RFQ process.

As Procurement Analyst, you will analyze customer engineering drawings and CAD files to determine manufacturing feasibility, identify best-fit partners from our pre-vetted network (50+ partners), and negotiate competitive pricing that balances partner margins with profitability goals.

Responsibilities

RFQ Execution & Technical Partner Selection

• Execute the operational end-to-end Partner RFQ process, from opportunity identification through bid collection, award decision, and partner feedback.
• Analyze customer engineering drawings, CAD files, and step files to assess manufacturability and identify technical requirements (tolerances, materials, finishes, inspections, etc.).
• Evaluate partner capabilities against specific job requirements (capability, capacity, lead time, strategic fit).
• Distribute RFQs to identified partners with clear specifications, technical drawings, and quote requirements.
• Track bid submissions and manage partner communications to ensure timely responses and clarifications.

Technical Analysis & Manufacturing Strategy

• Leverage manufacturing and engineering expertise to evaluate design feasibility and assess manufacturability.
• Apply knowledge of CNC machining and sheet metal fabrication processes to collaborate with partners on cost-reduction strategies and manufacturing alternatives.
• Explore process options, material substitutions, or manufacturing approaches that lower total cost while meeting customer specifications.
• Communicate technical requirements and design constraints clearly to partner manufacturers.
• Review partner technical proposals and manufacturing approaches to validate capability and identify manufacturability risks.

Bid Evaluation & Award Strategy

• Evaluate and compare partner bids across cost competitiveness, technical capability, capacity, lead time, quality track record, and strategic fit.
• Analyze competitive bids to identify pricing outliers, validate cost assumptions, and challenge high quotes.
• Negotiate pricing and commercial terms directly with partners to optimize margins.
• Award bids based on total value analysis to maximize profitability and strategic benefit.
• Build and maintain strong relationships with partners as a trusted technical resource.

Bid Analysis & Data-Driven Insights

• Track and maintain comprehensive bid data for all RFQs, including bid count, pricing by partner, win rates, and lead times.
• Leverage analytics dashboards and reports to monitor partner performance trends and market opportunities.
• Generate insights from bid analysis to inform partner strategy and identify partners best suited for specific opportunities.
• Monitor key performance indicators (bid participation rate, win rate, cost reduction, margin improvement).

Process Improvement & Optimization

• Identify bottlenecks and inefficiencies in the RFQ process.
• Gather partner feedback on turnaround times, clarity, and technical requirements.
• Collaborate with product, operations, and finance teams to implement process improvements.
• Document and standardize best practices, quoting approaches, and negotiation strategies.

Qualifications

• Bachelor's degree required in Manufacturing Engineering, Mechanical Engineering, or related technical field.
• 3-5 years of professional experience in manufacturing engineering, manufacturing operations, supply chain, or procurement roles.
• Strong technical foundation in manufacturing processes, specifically CNC machining and sheet metal fabrication (tolerances, material selection, equipment capabilities, process sequencing, cost drivers).
• Proficiency reading and interpreting engineering drawings, CAD models, and step files; understanding of GD&T (Geometric Dimensioning & Tolerancing) required.
• Experience with CAD software (SolidWorks preferred) or CAM software is a plus.
• Design for Manufacturability (DFM) experience is a plus.
• Strong analytical and problem-solving skills with comfort working with data, spreadsheets, and metrics.
• Advanced proficiency in Excel, including pivot tables, VLOOKUP, and data visualization.
• Excellent negotiation skills and ability to balance business objectives with partner relationships.
• Strong organizational and project management skills with ability to manage multiple RFQs and partners concurrently.
• Clear written and verbal communication skills with ability to present technical and commercial recommendations.
• Detail-oriented with strong attention to accuracy and data integrity.
• Ability to work collaboratively across functions and with external partners.
• Familiarity with procurement or supplier relationship management systems is a plus.