Procurement Analyst

ABOUT THE ROLE AND OUR TEAM:

Procurement analysis is a critical function within the procurement/contract management process.

Reporting to the Senior Procurement Manager on a day-to-day basis, the Procurement Analyst leverages data-driven insights to support strategic sourcing, contract negotiations, supplier evaluation, and overall Procurement/Contract process improvement.

This role requires a strong analytical mindset, exceptional attention to detail, and the ability to collaborate with various stakeholders, including suppliers, internal departments, and Legal and finance teams.

RESPONSIBILITIES:



* Analyzing spend data and identifying cost-saving opportunities


* Monitoring and evaluating supplier performance and compliance


* Conducting market research to identify potential suppliers and trends


* Assisting in contract negotiations and drafting supplier agreements


* Creating and maintaining procurement reports and dashboards


* Supporting the procurement team in supplier relationship management


* Participating in cross-functional meetings to align procurement strategies with organizational goals


* Collaborating with finance teams to ensure procurement activities align with budgetary constraints


* Using procurement software and tools to streamline processes and enhance data analysis.

Evaluating and recommending improvements to procurement/contract policies and procedures

SUCCESSFUL CANDIDATES HAVE:



* Data analysis and interpretation Market research and supplier evaluation


* Contract management and negotiation


* Proficiency in procurement/contract management software


* Fluent in Written/Speaking English and Spanish languages


* Advanced Microsoft Excel skills Strong problem-solving and critical-thinking abilities


* Excellent written and verbal communication Attention to detail and accuracy


* Ability to work collaboratively in cross-functional teams Understanding of procurement regulations and best practices

Technology plays a crucial role in the work of a Procurement Analyst.

Advanced data analytics tools like Coupa, Oracle, or SAP are used to gather, analyze, and interpret procurement-related data.

Familiarity with these tools and adapting to technological advancements are essential for success in this role.
Experience in procurement/contract management is a valuable asset, but with the right skill set, individuals with a background in data analysis or supply chain can also transition into this role.