Procurement Analyst

As an experienced Procurement Analyst in the Sourcing & Procurement Department, you will have a pivotal role in our dynamic team. Your responsibilities will include tracking savings, developing scorecards and dashboards to evaluate supplier performance, conducting sourcing scenario analytics, and contributing to the creation of negotiation strategies based on data insights. You will be instrumental in managing spend across various categories, monitoring spend trends over time, conducting root cause analysis for spend discrepancies, and ensuring compliance with procurement policies. This is a new position within a growing department where you will lead the design and implementation of processes and controls for analytics. Your primary duties will involve data extraction from multiple sources, both structured and unstructured, followed by compilation and normalization using artificial intelligence algorithms. You will be responsible for ensuring the accuracy of information obtained from different data sources. Additionally, you will spearhead sourcing analytics initiatives, assist in the development of negotiation strategies, and identify key tactics for sourcing events. Creating and managing procurement performance management processes, generating dashboards and scorecards for suppliers, and monitoring spend across categories are among your key responsibilities. Your expertise in data categorization and enrichment will be crucial in classifying cleansed data into specific categories, allowing for easy review and management. You will be involved in deep taxonomy creation to provide comprehensive insights into global spending patterns. Analysis and reporting will also be a significant part of your role, as you will utilize spend analysis to showcase purchasing KPIs, metrics, and trends through dashboards. This will enable the organization to make informed supplier sourcing decisions, ensure timely delivery, and identify opportunities for cost savings. Key Expertise Areas: - Bachelor's degree in Supply Chain Analytics, Finance, Accounting, Economics, Computer Science, or a related field, or equivalent work experience - 5 years of purchasing/sourcing experience - 5 years of data/supply chain analytics experience preferred - Experience in the Technology Industry is preferred - Training in supply chain analytics, such as optimization, scenario analysis, and forecasting, is preferred - Proficiency in Excel is a must - Experience with procurement/sourcing tools is preferred - Strong communication, interpersonal, and influencing skills - Strong analytical skills with a demonstrated ability in numerical problem-solving If you are passionate about utilizing data-driven insights to optimize procurement processes, driving strategic sourcing initiatives, and contributing to the growth of a dynamic department, we invite you to apply for this exciting opportunity as a Procurement Analyst with us.,