Procurement Analyst

The Procurement Analyst supports the procurement function by analyzing purchasing data, monitoring supplier performance, optimizing costs, and improving procurement processes. This role plays a key part in strategic sourcing, spend analysis, and ensuring compliance with company policies and contracts.

Key Responsibilities

Data Analysis & Reporting

• Analyze procurement spend, supplier performance, and cost trends
• Prepare dashboards and reports on KPIs such as savings, compliance, and supplier risk
• Identify cost-saving and process improvement opportunities

Procurement Operations

• Support sourcing activities including RFQs, RFPs, and supplier evaluations
• Assist in contract analysis and price benchmarking
• Ensure purchase orders comply with contracts and internal policies

Supplier Management

• Monitor supplier performance (quality, delivery, cost, service levels)
• Maintain supplier master data and procurement databases
• Support supplier reviews and performance improvement initiatives

Process Improvement & Compliance

• Identify inefficiencies and recommend process enhancements
• Ensure procurement activities comply with company policies and regulatory requirements
• Support audits and documentation requirements

Stakeholder Collaboration

• Work closely with finance, operations, and business units to support procurement needs
• Provide analytical insights to support decision-making

Required Qualifications

Education

• Bachelor’s degree in Supply Chain Management, Business, Finance, Economics, or related field

Experience

• 2–5 years of experience in procurement, supply chain, or data analysis
• Experience with spend analysis and reporting preferred

Skills & Competencies

• Strong analytical and quantitative skills
• Proficiency in Excel (advanced formulas, pivot tables); Power BI/Tableau is a plus
• Familiarity with ERP or procurement systems (e.g., SAP, Oracle, Coupa, Ariba)
• Strong attention to detail and problem-solving skills
• Effective communication and stakeholder management abilities

Preferred Qualifications

• Professional certifications (CIPS, CPSM, CSCP) are a plus
• Experience in strategic sourcing or category management
• Knowledge of contract management principles