Procurement Practice Analyst

About The Role
Skill required: Sourcing - Sourcing

Designation: Procurement Practice Analyst

Qualifications:Any Graduation
Years of Experience:3 to 5 years
Language - Ability:English(International) - Expert
What would you do?
You will be part of a team of Global Sourcing and Procurement Serivce professionals where in you will be responsible for sourcing third party suppliers according to corporate policies and procedures. You will thoroughly diagnose client business needs, collaborate with legal counsel, and support contract negotiations that maximize customer value while mitigating risk. You will be drafting and negotiating SOWs, Change Orders and similar Contract documents which incorporate all negotiated business terms to assist legal counsel in drafting documents which appropriately document agreed upon business terms such as deliverables, pricing, SLAs, specifications, etc. Generally involves independent judgment and analysis of significant issue identification and resolution.You will be part of a team of Global Sourcing and Procurement Serivce professionals where in you will be responsible for sourcing third party suppliers according to corporate policies and procedures. You will thoroughly diagnose client business needs, collaborate with legal counsel, and support contract negotiations that maximize customer value while mitigating risk. You will be drafting and negotiating SOWs, Change Orders and similar Contract documents which incorporate all negotiated business terms to assist legal counsel in drafting documents which appropriately document agreed upon business terms such as deliverables, pricing, SLAs, specifications, etc. Generally involves independent judgment and analysis of significant issue identification and resolution.Understand when & how to use a request for proposal (price and non-price factors) and RFQ (price only) and how to develop, execute and analyze the results. Collect and analyze quantitative and qualitative information to assess, screen and select suppliers.

What are we looking for? Ability to draft documents which describe negotiated and agreed upon business terms with third party vendors to assist legal counsel in drafting final vendor agreementsComprehensive knowledge of typical corporate policies and procedures, coupled with ability to identify required improvement to established policies and to communicate implementation procedures to othersExpert knowledge of purchasing contracting concepts and processes, including deep understanding of contract business terms and working knowledge of contract legal terms.Strong analytical, collaboration and communication skillsUse of independent judgment and creativity applied to resolution of contract issuesExcellent internal and external negotiation skills"Sourcing and Procurement StrategyContract managementContract NegotiationsAbility to perform under pressureAbility to work well in a teamAgility for quick learningCommitment to qualityWritten and verbal communicationProcurement OperationsProcure-to-Pay
Roles and Responsibilities: "Your role and responsibilities shall include but not limited to :Close collaboration with client business stakeholders to secure a thorough understanding of client business needs for the supplier relationship.Leading negotiation of business requirements and commercials for routine through complex vendor engagementsCollaborating with Category/Sourcing Managers on negotiation strategy Performing in depth analysis of existing contracts or proposed contract amendments against client business needs, draw conclusions, prepare comprehensive summaries, and presenting back to the client in a concise mannerCoaching colleagues, transferring knowledge, and developing team members to be more effective in their current rolesSourcing support for SOWs and contract execution Facilitating risk due diligence and assessmentDrafting SOWs, Change Orders, Amendments, Work Orders, Schedules, etc. Collaborating with legal counsel to support contract negotiations or use contract templates pre-approved by LegalEnsuring all documentation meets the guidelines of supported category for contract execution."
Qualification Any Graduation