Associate (Procurement) - Performance Improvement CoE

About us

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. Across 65 offices in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition and redefine industries. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client advocacy in the industry.

In 2004, the firm established its presence in the Indian market by opening the Bain Capability Center (BCC) in New Delhi. The BCC is now known as BCN (Bain Capability Network) with its nodes across various geographies. BCN is an integral and largest unit of (ECD) Expert Client Delivery. ECD plays a critical role as it adds value to Bain's case teams globally by supporting them with analytics and research solutioning across all industries, specific domains for corporate cases, client development, private equity diligence or Bain intellectual property. The BCN comprises of Consulting Services, Knowledge Services and Shared Services.

Who you will work with

This position is based in BCN's Gurgaon office and is a vital part of the Performance Improvement Centre of Expertise (PI CoE). The PI CoE plays a crucial role in assisting case teams in India and abroad with various cost reduction/optimization activities by offering a range of solutions, including Procurement (e.g., Spend cube, analytics, maturity assessment, vendor strategy), Zero-based budgeting (e.g., Cost visibility, Budgeting, Initiative tracking, client training), Supply Chain (e.g., Inventory Diagnostics, Inventory Optimization, Network Optimization, Manufacturing Diagnostics, Integrated Business Planning), as well as cost diagnostics (e.g., Value Calculator, Net Working Capital), savings, and PMI Analysis. The CoE conducts complex and advanced data analysis to analyze clients' data and generate critical insights to help achieve cost objectives. Over time, we have developed seamless solutions and employ powerful, dynamic visualizations/charts on various platforms (e.g., Power BI, Tableau) to showcase our results. The PI CoE is also involved in the creation of critical intellectual property (IP) that is valuable for new performance improvement cases globally at Bain.

About you

• Candidate should be a graduate/post-graduate with strong academic records and relevant experience in procurement, spend analysis, category management, cost transformation or performance improvement roles .
  • Procurement function, process, sourcing and Category specific experience is a Plus.
• Graduate (preferably with degree in engineering / science / commerce / business / economics) with at least 3-5 years of relevant experience or an MBA/Post-Graduate with high academic records having 1-3 years of relevant experience
• Excellent analytical skills, communication skills (ability to deliver clear and professional presentations to senior stakeholders), team management and project management skills
• Demonstrated ability to work with MS Excel and PowerPoint
• Knowledge of visualization and tools such as Alteryx, Tableau, PowerBI (Python is a Plus)
• Ability to deal with ambiguity, handle multiple tasks, dynamic case expectations and work in a team set up

• Effective communication skills and ability and deliver clear and professional presentations to senior stakeholders (Bain managers, partners, and clients)

What you’ll do

Work on problem solving, work-planning, analytics, research, and overall content to generate business insights and implications, deliver cases & deliverables. Role often requires leading a team of 1-2 analysts/ Workstream, based on case requirement. You will also help in developing intellectual property (IP), go-to-market materials, pitch documents and publications. The position reports into a Manager.

• Own end to end case delivery of Performance Improvement projects related to Procurement / Cost Transformation. This includes the following:
  • Assist case teams across Bain’s ecosystem to analyze the problem and deploy the most appropriate tool/solution.
  • Understand client’s data using P&L, ERP Systems, budgeting systems, supplier databases and purchase order systems to design the solution.
  • Deliver procurement solutions across multiple fronts including spend analytics, savings lever design, supplier analysis, strategic sourcing, savings initiative design, among others.
  • Create dashboards-based deliverables using Alteryx, Tableau, PowerBI or similar analytical tools.
• Utilize appropriate research sources and analytical tools to identify and employ relevant data-driven insights for effective decision-making.

• Identify and use relevant analytical tools and internal repositories to extract information.

• Communicate data, knowledge, and clearly explain insights and implications for the client to the entire team.
• Effectively communicate with BCN leadership/case teams/end clients and manage relationships.
• Demonstrate a strong ability to quickly grasp various business domains, conducting research and analysis across diverse geographies and industries with agility and efficiency.
• Engage and ideate in developing new products/IP

• Deliver client ready documents containing implementable solutions.
• Lead individual project work streams with the help of 1-2 directly aligned team members (analysts)
• Willing to groom a team of analysts and support them as and when required.

What makes us a great place to work

We are proud to be consistently recognized as one of the world's best places to work, a champion of diversity and a model of social responsibility. We are currently ranked the #1 consulting firm on Glassdoor’s Best Places to Work list, and we have maintained a spot in the top four on Glassdoor's list for the last 12 years. We believe that diversity, inclusion and collaboration is key to building extraordinary teams. We hire people with exceptional talents, abilities and potential, then create an environment where you can become the best version of yourself and thrive both professionally and personally. We are publicly recognized by external parties such as Fortune, Vault, Mogul, Working Mother, Glassdoor and the Human Rights Campaign for being a great place to work for diversity and inclusion, women, LGBTQ and parents..