AM - Primary Research (Procurement and Supply Chain)

The role of a Procurement Specialist involves being responsible for all activities related to sourcing and procurement assignments. This includes conducting Market Intelligence (MI) studies, BCCS studies, building cost models, and price forecasting. The position requires extensive secondary and primary research on supply-demand, price, cost, supplier analysis, and risk analysis within the specified spend category. The Procurement Specialist analyzes the gathered data to provide actionable solutions for the category managers. The main responsibilities of this role include understanding the scope of assignments, conducting desktop and primary research on the relevant industry dynamics, and developing solution designs for sourcing assignments in collaboration with the team. The Procurement Specialist works closely with clients to develop actionable sourcing strategies for the spend category, utilizing frameworks like Porters five forces, SWOT, and PESTLE to understand industry dynamics and competitor landscapes. Additionally, ensuring the delivery of projects at high quality standards while meeting client requirements is essential. Operational responsibilities encompass talent grooming, team management and growth, internal methodology development, process improvement, and maintaining high customer satisfaction scores. The role also involves writing and publishing thought leadership activities like articles, whitepapers, and proactive advisories in reputable magazines and journals. Qualifications for this position include 4-5 or more years of relevant experience. Required skills include a sound knowledge of procurement jargons and terms, as well as proficiency in utilizing databases such as Thompson Reuters, Bloomberg, and Factiva. Proficiency in Microsoft Office applications like Excel, PowerPoint, and Word is essential. Preferred skills for a Procurement Specialist include experience in market intelligence and sourcing strategies, along with strong analytical and problem-solving abilities.,