Procurement Analyst

5 - 10 years

6 - 15 Lacs

Posted:2 days ago| Platform: Naukri logo

Apply

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are seeking a highly analytical and results-driven Procurement Analyst to join our team. This role plays a key part in evaluating procurement and supply chain performance, identifying opportunities for improvement, and delivering data-driven insights to optimize efficiency, reduce costs, and enhance overall procurement strategy.

Key Responsibilities:

  • Conduct in-depth data analysis to support strategic procurement and supply chain decisions and cost-saving initiatives.
  • Develop, automate and maintain dashboards and reports using tools such as Power BI, Tableau, Python, Excel or SQL.
  • Evaluate supplier performance, analyze purchasing patterns, and monitor market trends to inform category and sourcing strategies.
  • Monitor KPIs such as cost reductions, cost avoidances, PO cycle time, spend under management, procurement ROI and price competitiveness.
  • Collaborate with procurement, logistics, production, and finance teams to align on procurement and supply chain strategies.
  • Lead data modeling, spend analytics, and forecasting for procurement categories.
  • Maintain procurement data accuracy and drive compliance with internal policies and procedures.
  • Identify process bottlenecks and recommend solutions to improve operational efficiency and supply chain resilience.
  • Provide actionable insights and reporting to leadership for continuous process improvement.

Qualifications:

  • Bachelors or Masters degree in Supply Chain, Business Analytics, Economics, Engineering, or a related field. Degrees from US and UK universities are preferred.
  • 5+ years of experience in procurement, sourcing analysis, supply chain management or a data analytics role within supply chain functions.
  • Working knowledge of supply chain and procurement concepts such as MRP, demand planning, inventory optimization, and logistics.
  • Proficiency in advanced data analytics tools (e.g., Excel with Power Query, SQL, Python, R) and data visualization platforms (e.g., Power BI, Tableau).
  • Strong understanding of procurement processes, cost drivers, and supplier management principles.
  • Excellent communication skills with the ability to present data-driven insights to both technical and non-technical audiences.
  • Experience with procurement software or enterprise resource planning (ERP) systems is desirable.

Mock Interview

Practice Video Interview with JobPe AI

Start Job-Specific Interview
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
National Oilwell Varco logo
National Oilwell Varco

Oil & Energy

Houston

RecommendedJobs for You

Kochi, Kerala, India

Mumbai Metropolitan Region