Sr. Analyst, Procurement

Job Description - Sr. Analyst, Procurement (18052)

AAR Corp. (NYSE: AIR) is a global aerospace and defense aftermarket solutions company that employs more than 6,000 people across over 60 sites in more than 20 countries. Headquartered in the Chicago, Illinois area, AAR supports commercial and government customers in more than 100 countries through four operating segments:
Parts Supply, Integrated Solutions, Repair and Engineering and Expeditionary Services. AAR’s purpose is to empower people to build innovative aerospace solutions today so you can safely reach your destination tomorrow. The company’s mission is to go above and beyond to provide value-driven aerospace aftermarket solutions to meet the evolving needs of our customers worldwide. AAR constantly searches for the right thing to do for its customers, employees, partners and for society.

The Senior Procurement Analyst will support and execute data-driven sourcing strategies for consumable and expendable (C&E) materials, rotable and repair components for different business groups within the company. This role sits at the intersection of sourcing, analytics, and supply planning leveraging supplier data, forecasting outputs, and inventory planning concepts to inform sourcing decisions.

The ideal candidate has prior hands-on sourcing and contracts experience and is comfortable working with spend management software such as Coupa, SAP Ariba and Zycus, forecasting tools, and BI tools such as Domo, Power BI and Tableau, to support supplier strategy and sourcing decisions in a fast-paced environment.

• Own direct strategic sourcing for MRO materials and repair services, translating forecast demand and supply plans into multi-year sourcing strategies rather than transactional buying.
• Lead and support RFQs/RFPs, supplier negotiations, and award recommendations, ensuring alignment with cost targets, capacity constraints, quality requirements and contractual terms.
• Evaluate sourcing options using a Total Cost of Ownership (TCO) lens cost, lead time, MOQ, validity to support informed supplier selection decisions.
• Interpret outputs from internal forecasting tools and historical demand data to inform direct sourcing strategies, supplier capacity discussions and volume-based or long-term agreements.
• Demonstrate working knowledge of time-series concepts such as trend, seasonality, variability and forecast error.
• Apply a practical understanding of supply chain planning concepts safety stock, reorder point (ROP), lead time variability, and service levels - to evaluate sourcing options and understand their implications for cost, availability, and supplier strategy.
• Use SQL to extract and analyze spend, demand, pricing, lead time, and supplier performance data from ERP and planning systems.
• Use Python for data analysis, automation, and modeling related to pricing trends, demand variability, and sourcing scenarios.
• Develop and maintain BI dashboards (Power BI, Tableau, or similar) to track KPIs including cost savings, supplier OTD, contract coverage, pricing compliance and contract performance.
• Translate analytical insights into clear, actionable recommendations for sourcing and operations leadership.
• Monitor supplier performance against cost, quality, delivery, turnaround, and capacity commitments.
• Identify risks related to forecast volatility, long lead times, single-source suppliers, and constrained repair capacity.
• Support supplier performance reviews and continuous improvement initiatives.
• Work closely with Maintenance, Planning, Engineering, Quality, and Finance teams to align sourcing with operational and customer requirements.
• Assist with contract reviews, pricing agreements, and service-level terms informed by forecasted volumes.
• Ensure sourcing activities comply with FAA, EASA, AS9110, and internal quality standards.
• Maintain sourcing documentation to support audits and customer requirements.
• Adhere to ethical sourcing and procurement policies.

• Bachelor's degree in supply chain management, Business, Engineering, Data Analytics or related fields.
• 3-5 years of experience in strategic…