Purchase Analyst

Key Responsibilities:

Data Collection & Analysis:

#Collect, organize, and analyze purchasing data from various systems (SAP, procurement platforms, etc.).

#Develop dashboards and reports that provide visibility into procurement performance.

# Identify trends, patterns, and anomalies in purchase activities to help the business make informed decisions.

Cost Savings & Efficiency:

# Analyze spending patterns to identify opportunities for cost savings and process improvements.

# Support the procurement team in negotiating better terms and pricing with suppliers based on data insights.

# Conduct market research to stay informed about industry trends, pricing and availability of materials.

# Data analysis w.r.t saving projects and PU spend.

# Maintaining the localization projects related data w.r.t cost savings

# Monitoring the actual implementation of cost saving targets for department

Technology & Tools:

# Utilize data analytics tools (e.g., Excel, SQL, Power BI, Tableau) to generate reports and insights.

# Support the implementation and use of procurement software and analytics platforms.

# Support purchasing process automation and digitalization projects

Collaboration:

# Collaborate with procurement, finance, and Global teams to align data insights with business goals.

# Ensure accurate reporting and alignment of KPIs in department.

Forecasting & Budgeting:

#Assist in forecasting purchasing needs based on historical data and market trends.

# Support budgeting efforts by providing detailed procurement spend analyses.

# Support forecasting and planning of purchasing KPIs

Professional Competency Required:

# SAP (MM Module mandatory and SE16 scripts preferred)
# MS Office (Advanced Excel and Powerpoint, Access / Query is good have)

# Sound experience and knowledge of data analysis and visualisation in BI tools (preferably with data volume)

# Knowledge of market trends /prices of raw material and sources

# Experience with Management information system (MIS) is preferred

Social Competency Required:

# Excellent communication and interpersonal skills

#Strong analytical and problem-solving abilities

# Team player