Procurement Analyst

2 - 6 years

0 Lacs

Posted:19 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Procurement Specialist, you will play a key role in supporting strategic sourcing initiatives to identify cost-saving opportunities. You will conduct market intelligence, supplier risk assessments, and benchmarking. Your responsibilities will include assisting in the procurement transaction cycle, managing vendor databases, and ensuring compliance with procurement policies and vendor contracts. You will collaborate with internal stakeholders to understand procurement requirements and ensure timely fulfillment. Additionally, you will be responsible for generating and analyzing procurement dashboards and reports to optimize costs and monitor supplier performance. You will also support audit and compliance requirements related to procurement policies. Ideally, you will have a Bachelor's degree in Business Administration, Supply Chain, Finance, or a related field. A minimum of 2+ years of experience in procurement, vendor management, or contract management is required. You should have a good understanding of risk management frameworks, supplier due diligence, and compliance requirements. Strong analytical, communication, contract negotiation, and coordination skills are essential for this role. Proficiency in MS Office, especially Excel, Word, and PowerPoint, is required. Knowledge of procurement tools/ERP systems will be an advantage. The ability to multitask, prioritize, and meet deadlines in a dynamic environment is crucial. If you have exposure to travel management and/or facility management, it would be considered a good-to-have skill. Overall, you should be able to synthesize complex data into actionable insights for cost savings and vendor optimization. A CIPS or equivalent certification would be preferred for this role.,

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