Procurement Analyst

The Procurement Analyst supports the procurement function by analyzing purchasing data, supplier performance, costs, and contracts to drive savings, efficiency, and compliance. This role partners closely with sourcing, finance, and operations to improve purchasing decisions through data-driven insights.

Key Responsibilities

• Analyze procurement and spend data to identify cost-saving and process improvement opportunities
• Monitor supplier performance, pricing trends, and contract compliance
• Prepare reports and dashboards on spend, savings, KPIs, and supplier metrics
• Support sourcing initiatives, RFQs/RFPs, and supplier negotiations with data analysis
• Maintain procurement databases, pricing files, and contract documentation
• Collaborate with finance on budgeting, forecasting, and cost analysis
• Ensure procurement activities comply with company policies and regulations
• Assist in continuous improvement of procurement processes and tools

Required Qualifications

• Bachelor’s degree in Business, Supply Chain, Finance, Economics, or related field
• 2–5 years of experience in procurement, supply chain, or data analysis (varies by level)
• Strong analytical and problem-solving skills
• Proficiency in Excel; experience with ERP/procurement systems (e.g., SAP, Oracle, Coupa)
• Ability to interpret large datasets and present insights clearly
• Strong attention to detail and organizational skills

Preferred Qualifications

• Experience with spend analytics or sourcing tools
• Knowledge of contract management and supplier negotiations
• Familiarity with Power BI, Tableau, or similar reporting tools
• Professional certification (e.g., CIPS, CPSM) is a plus