Procurement Practice Analyst

Skill required: Procurement Operations - Procurement Management

Designation: Procurement Practice Analyst

Qualifications:Any Graduation

Years of Experience:3 to 5 years
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What would you do Job Title:Spend Analytics Analyst/Senior AnalystJob
Summary:The Spend Analytics Analyst/Senior Analyst will be responsible for analyzing and interpreting spend data to provide actionable insights. This role involves working closely with various departments to gather data, perform detailed analysis, and present findings to stakeholders. The ideal candidate will have a strong analytical background, excellent communication skills, and a keen eye for detail.

What are we looking for Bachelor s degree in Finance, Economics, Business Administration, or a related field.3-8 years of work experience in spend analytics or a related fieldProven experience in spend analysis, procurement, or a related analytical role.Strong proficiency in data analysis tools and software (e.g., Excel, SQL, Power BI).Excellent analytical and problem-solving skills.Strong attention to detail and accuracy.Ability to work independently and as part of a team.Excellent communication and presentation skills.Experience with spend management software and tools.Knowledge of procurement processes and best practices.Familiarity with data visualization tools (e.g., Tableau, QlikView).Ability to manage multiple tasks and prioritize effectively.
Roles and Responsibilities: Collect and analyze spend data from various sources to identify trends, patterns, and opportunities for cost savings.Develop and maintain spend dashboards and reports to track key performance indicators (KPIs).Conduct detailed spend analysis to support strategic sourcing initiatives and supplier negotiations.Present findings and recommendations to senior management and stakeholders.Monitor and report on spend compliance and identify areas for improvement.Support the development and implementation of spend management strategies and policies.
Qualification
Any Graduation