Employer listing
Procurement Analyst
Xometry
North Bethesda, Md · hybrid · full time
$89,000 - $118,000
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 be the technical executor behind our pre-sourcing strategy. You'll analyze customer engineering drawings and CAD files to determine manufacturing feasibility, identify best-fit partners from our network, and negotiate competitive pricing balancing 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).
- Evaluate partner capabilities against job requirements and identify best-fit pre-vetted candidates based on capability, capacity, lead time, and strategic fit.
- Distribute RFQs with specifications, technical drawings, and quote requirements.
- Track bid submissions and manage partner communications to clarify technical or commercial questions.
Technical Analysis & Manufacturing Strategy
- Leverage manufacturing and engineering expertise to evaluate design feasibility and 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 alternative approaches lowering total cost while meeting specifications.
- Clearly communicate technical requirements and design constraints to partner manufacturers.
- Review partner technical proposals and manufacturing approaches to validate capability and identify risks.
Bid Evaluation & Award Strategy
- Evaluate and compare partner bids across cost competitiveness, technical capability, capacity, lead time, and quality track record.
- 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 and satisfaction.
- Award bids based on total value analysis to maximize profitability and strategic benefit.
- Maintain strong relationships with partners as a trusted technical resource and fair negotiator.
Bid Analysis & Data-Driven Insights
- Track and maintain comprehensive bid data 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 suited for specific opportunity types.
- Monitor KPIs (bid participation rate, win rate, cost reduction achieved, margin improvement).
Process Improvement & Optimization
- Identify bottlenecks, inefficiencies, and friction points in the RFQ process.
- Gather partner feedback on turnaround times, RFQ submission clarity, and technical requirements.
- Collaborate across teams to test and implement RFQ process improvements.
- Document and standardize best practices, quoting approaches, and negotiation strategies.
Qualifications
Required
- Bachelor's degree 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, cost drivers).
- Proficiency reading and interpreting engineering drawings, CAD models, and step files; understanding of GD&T (Geometric Dimensioning & Tolerancing).
- Advanced proficiency in Excel, including pivot tables, VLOOKUP, and data visualization.
- Strong analytical, problem-solving, organizational, and project management skills.
- Excellent negotiation and communication skills.
Preferred
- Experience with CAD software (SolidWorks preferred) or CAM software.
- Design for Manufacturability (DFM) experience.
- Familiarity with procurement or supplier relationship management systems.
Benefits
Competitive benefits package including 401(k) match, medical, dental, and vision insurance, life and disability insurance, paid time off, holidays, maternity and bonding leave, EAP, and wellbeing resources.