Procurement Analyst

5 - 9 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

You are a highly analytical and results-driven Procurement Analyst sought to join a team. Your role will involve evaluating procurement and supply chain performance, identifying improvement opportunities, and providing data-driven insights to optimize efficiency, reduce costs, and enhance procurement strategy. Conducting in-depth data analysis to support strategic procurement decisions and cost-saving initiatives is a key responsibility. You will also be tasked with developing, automating, and maintaining dashboards and reports using tools like Power BI, Tableau, Python, Excel, or SQL. Evaluating supplier performance, analyzing purchasing patterns, and monitoring market trends to inform sourcing strategies are crucial aspects of your role. Monitoring key performance indicators (KPIs) such as cost reductions, PO cycle time, procurement ROI, and price competitiveness will be part of your duties. Collaboration with procurement, logistics, production, and finance teams to align on strategies is essential. Leading data modeling, spend analytics, and forecasting for procurement categories is also a responsibility. Ensuring procurement data accuracy, driving compliance with internal policies, and identifying process bottlenecks for operational efficiency improvements are key tasks. Providing actionable insights and reporting to leadership for continuous process enhancement is another important aspect of this role. To qualify for this position, you should hold a Bachelors or Masters degree in Supply Chain, Business Analytics, Economics, Engineering, or a related field. Preferably, degrees from US and UK universities are preferred. You should have at least 5 years of experience in procurement, sourcing analysis, supply chain management, or a data analytics role within supply chain functions. Proficiency in advanced data analytics tools and data visualization platforms is required. Strong knowledge of procurement processes, cost drivers, and supplier management principles is essential. Excellent communication skills to present data-driven insights to technical and non-technical audiences are necessary. Experience with procurement software or enterprise resource planning (ERP) systems is desirable. Join a global family of professionals driven by purposeful innovation to power the industry that powers the world. Through technical expertise, advanced equipment, and operational support, you will contribute to creating a lasting impact for customers and communities worldwide. Anticipating customer needs and delivering high-quality products and services on time and within budget is the ethos that guides our team's efforts.,

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