Procurement Analyst

2 - 6 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Procurement Data Analyst, your role involves analyzing data from various sources to support Raw Material and/or Indirect Procurement efforts. This includes tasks such as cost reductions, price management, risk mitigation, compliance, category management, bid execution, supplier management, and preventing plant shutdowns due to material shortages. You will be responsible for specific projects related to key Procurement performance indicators and metrics. Collaboration with global Procurement management, planners, finance, sourcing managers, and other stakeholders is essential to support and leverage various initiatives and objectives. Your key responsibilities and accountabilities include: - Executing tasks independently, adapting effectively to changes, and organizing activities to deliver expected results on time. - Providing analytical and project support for cross-functional and cross-organizational sourcing initiatives. - Developing should cost analyses, category analytics, and market insights to assist Procurement in managing costs. - Collating, interpreting, validating, and presenting data from multiple sources efficiently. - Working closely with project sponsors to define scope, objectives, and deliverables for timely project completion. - Communicating project-related updates effectively to project sponsors. - Managing multiple projects concurrently and prioritizing them diligently based on importance, value creation, and time commitment. - Building and maintaining relationships with internal and external customers. - Implementing improvements to existing processes and delivering presentations to stakeholders. - Demonstrating the ability to work effectively in multifunctional, global teams. Qualifications required for this role: - 2+ years of experience in an analytics role. - Educational background: University degree in a related field is preferred. Experience and Skills: - Strong verbal and written communication skills. - Comfortable dealing with ambiguity and imperfect data in a fast-paced environment. - Strong problem-solving skills and the ability to integrate business acumen with technical skills. - Excellent analytical, project management, organizational, and problem-solving skills. - Proficiency in Microsoft Office products (Word, Excel, PowerPoint), Power BI, and SharePoint. - Flexibility to handle simultaneous requirements and tight deadlines. - Understanding of negotiating strategy, competitive bid process, source selection, and freight terms is a plus. - Knowledge of SAP, BOBJ, or Ariba is considered beneficial for this role. This role involves a combination of in-person (60%) and remote (40%) work, ensuring flexibility and a balanced work environment.,

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