American Electric Power

Procurement Analyst/Consultant

American Electric Power$74K — $109K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in business, accounting, finance, supply chain, or related field; OR 4 years of relevant work experience.
  • 2 years of relevant work experience is required for Procurement Consultant, preferably in supply chain category management.
  • Experience in customer service and/or procurement is helpful for Procurement Analyst.
  • Familiarity with Maximo and Cognos is preferred.
  • Excellent analytical and problem-solving skills.

Responsibilities

  • Conduct market research and analyze performance metrics to support sourcing strategies.
  • Assist with contract negotiation by analyzing spend data and previous contracts.
  • Build and maintain reports to streamline procurement analysis.
  • Communicate findings and recommendations to stakeholders including Supply Chain and Procurement teams.
  • Draft, negotiate, and analyze contract terms and conditions while collaborating with cross-functional teams.
  • Perform contract risk assessments and develop mitigation strategies for identified risks.
  • Manage and oversee amendments to existing agreements and lead negotiation processes.

Benefits

  • Annual Bonus
  • 401(k) Match
  • AEP Pension
  • Comprehensive Benefits Package
Full Job Description
Job Posting End Date
09-26-2026
Please note the job posting will close on the day before the posting end date.

Job Summary

Are you ready to work in a supportive, fast-moving environment where your work matters? This position supports Procurement Consultants, Procurement Specialists, and Category Managers in the execution of sourcing and contracting initiatives.

In this analytical role, the Procurement Analyst/Consultant supports work including, but not limited to, contract development and administration, contract review and redlining, spend analytics, market complexity assessments, data collection, performance metrics, risk analysis, pricing evaluations, total cost of ownership analyses, demand planning, and reporting. The role assists in evaluating contract terms and conditions, identifying and mitigating contractual and commercial risks, ensuring compliance with company policies and regulatory requirements, and maintaining contract documentation and records.

The Procurement Analyst/Consultant also supports sourcing strategy development, supplier evaluations, and decision-making processes. Responsibilities include coordinating stakeholder reviews, supporting contract negotiations, tracking contractual obligations, facilitating contract execution activities, and providing analytical insights to inform business decisions. The role may lead or direct less complex sourcing and contracting activities while partnering with internal stakeholders, suppliers, Legal, and Risk teams to support successful business outcomes.

Job Description

What You'll Do:
  • Conducts market research and analyzes performance metrics to support strategy and decisions regarding suppliers and markets.
  • Conducts research and analysis on spend and prior contracts to assist with contract negotiation. Develop and utilize various models (e.g., pricing, total cost ownership).
  • Builds and maintains reports to streamline analysis. Supports bid analysis, as needed.
  • Communicates findings and recommendations of research and analysis to Supply Chain, Procurement, and Fleet Operations (SCPFO) and business partners.
  • Collaborates, as needed, with the Supply Chain center of excellence (COE), the Service Center, and business partners on projects and other initiatives to address recurring issues, improve efficiency, and improve satisfaction.
  • Draft and negotiate contract terms and conditions, analyze commercial sections of proposals and scopes of work, and interface with all disciplines, including legal, risk management, project controls, construction, engineering, finance/accounting and suppliers.
  • Prepare, maintain, retrieve and communicate records, reports or documents that may be required to meet corporate and Contract Administration requirements.
  • Provide consultative, analytical and contract administration support for commercial operations and senior management.
  • Protect the Company's interest by enforcing warranties and mitigating risk.
  • Execute portfolio assignments as requested, perform contract risk assessments, and formulate mitigation strategies.
  • Develop Supplier performance criteria and service levels that align with business requirements.
  • Manage and oversee amendments to existing agreements using various models.
  • Lead the negotiation process through strategy development, issue recognition, and escalation of issues for moderate to complex negotiations.
  • Analyze vendor claims and lead in negotiating settlements for a broad range of issues, including impact of changes-in-law and governmental impositions.
  • Coordinate, prepare, and track documents to declare, close, and quantify impact of Company force majeure events.
  • Ensure all work activities are performed in accordance with the policies, practices, standards, and rules of the company.
  • Draft deal summaries for assigned contracts.
  • Other duties as assigned.


What We're Looking For:

Education:
  • Bachelor's Degree in business, accounting, finance, supply chain, or other related field; OR 4 years of relevant work experience.


Experience:
  • In customer service and/or procurement helpful (Procurement Analyst)
  • In addition to any experience required above, 2 years of relevant work experience, including experience working with cross-functional teams is required. Supply chain category management experience, preferably within the utility, manufacturing, or construction industry preferred. (Procurement Consultant)


Preferred Qualifications:
  • Excellent analytical, problem-solving, and time management skills desired
  • Familiarity with Maximo and Cognos preferred
  • Excellent communication skills (written and verbal) desired with an ability to communicate with business partners, stakeholders, and suppliers


Other Requirements:
  • Physical demand level is Sedentary
  • Demonstrate significant experience in a moderate range of subject categories relevant to areas of contract responsibility.
  • Apply problem-solving skills and use creativity in problem solving.


Where You'll Work:
  • This is an On-Site role based out of Columbus, OH.


What You'll Get:
  • Annual Bonus
  • 401(k) Match
  • AEP Pension
  • Comprehensive Benefits Package


Compensation Data

Compensation Grade:

SP20-006

Compensation Range:

$74,551.00 - $109,543.00

The Physical Demand Level for this job is: S - Sedentary Work: Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently. (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

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About American Electric Power

American Electric Power generates, transmits, and distributes electricity, serving residential, commercial, and industrial customers nationwide. AEP serves millions of customers across 11 states. It operates in the generation, transmission, and distribution of electricity, providing power to residential, commercial, and industrial customers. AEP generates electricity using diverse sources, including coal, natural gas, nuclear, and renewable energy like wind and solar. The company maintains a vast transmission network that delivers electricity from power plants to local distribution systems, ensuring a stable and reliable power supply. AEP is actively involved in renewable energy initiatives, investing in wind farms and solar facilities to diversify its energy portfolio and reduce its environmental impact. Additionally, the company engages in community outreach, supporting education, environmental conservation, and various social initiatives.

American Electric Power Careers

Join the dynamic team at American Electric Power (AEP), one of the largest electric utilities in the United States, and ignite your career with a company known for its commitment to innovation and leadership in the energy sector.

Opportunities Await

At AEP, we offer a multitude of job opportunities that cater to a variety of skills and professional interests. Whether you're seeking an entry-level position or a more senior role, our diverse range of employment options ensures that there's a place for every ambitious individual in our team.

Grow and Innovate

Embark on a journey of growth and professional development with AEP. Our company is at the forefront of the energy industry’s transformation, integrating sustainable and innovative practices that not only lead the market but also contribute to a greener planet. Engage in work that challenges the status quo, pushing the boundaries of what is possible in the energy sector.

Culture and Benefits

AEP is dedicated to fostering a culture of diversity and inclusion, where every team member’s contribution is valued. We offer competitive benefits that support the health, well-being, and financial security of our employees and their families. From comprehensive health benefits to professional development programs and diversity training, AEP ensures that our team is equipped for both personal and professional success.

Internship Programs

Kickstart your career with an AEP internship. Our programs provide invaluable industry experience and networking opportunities that pave the way for future employment. Interns at AEP work on real projects, learn from seasoned professionals, and gain the hands-on experience necessary to succeed in the fast-paced world of energy.

Leadership and Development

Leadership at AEP means more than guiding teams – it involves inspiring change and driving innovation. With leadership development programs, employees are prepared to take on challenging roles that shape the future of the company and the industry. Our focus on leadership and continuous improvement creates an environment where ambitious professionals can thrive.

Join Our Team

Explore the career possibilities at American Electric Power today. Search open positions that match your skills and interests. We are constantly hiring new talent and look for passionate, curious, and solution-driven team players. Prepare your resume, ace the interview, and join a company where your career can flourish.

Stay Connected

Keep up to date with the latest at AEP by following our careers blog. Gain insider perspectives, industry-leading insights, and career tips that you can put to use today—all from the people who work here.

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Explore American Electric Power Jobs

Whether you're a seasoned professional or new to the industry, AEP offers a dynamic work environment where innovation, leadership, and growth are part of everyday life. Join us in powering a new and brighter future for everyone.
Learn more about American Electric Power
Size
16,688 employees
Market Cap
$48.8 billion
Industry
Net Income
$2.2 billion
Founded
1906
5 Year Trend
+0.5%
Revenue
$14.9 billion
NASDAQ

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