drjobs Procurement Operations Analyst

Procurement Operations Analyst

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1 Vacancy
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Job Location drjobs

Chennai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

The Procurement Operations Analyst will be responsible for executing the procurement processes and managing systems within the customer organization.

This role involves analyzing procurement data managing supplier relationships and ensuring efficient procurement operations. The ideal candidate will have a strong analytical mindset excellent communication skills and an understanding of procurement operations.

Key Responsibilities:
1. Data Analysis:
Collect analyze and interpret procurement data to identify trends opportunities for cost savings and areas for improvement
Develop and maintain dashboards and reports to track key performance indicators (KPIs) related to procurement activities
2. Contract Management
Upload contracts to the procurement system or contract repository
Extract metadata and maintain contract repository
3. Supplier Management
Manage relationships with suppliers to ensure timely delivery of goods and services
Conduct supplier performance evaluations and develop strategies for supplier improvement
4. Cost Management
Identify and execute costsaving initiatives in the procurement process
Negotiate with suppliers to secure the best possible prices and terms
5. Compliance and Risk Management
Ensure compliance with company policies industry regulations and legal requirements
Identify and mitigate risks associated with the procurement process
6. Collaboration and Communication
Work closely with customer crossfunctional teams including finance operations and legal to ensure alignment and support for procurement activities
Communicate procurement strategies and initiatives to stakeholders at all levels of the organization
7. Technology Utilization
Leverage procurement software and tools to enhance data management and process efficiency
Stay current with emerging technologies and trends in procurement to recommend and implement new solutions

Qualifications:
Bachelors degree in Business Administration Supply Chain Management or a related field
3 years of experience in procurement supply chain management or a similar role
Strong analytical skills with the ability to interpret complex data sets
Proficiency in procurement software and tools (e.g. Ariba Zip Coupa)
Excellent negotiation and contract management skills
Strong communication and interpersonal skills
Detailoriented with excellent organizational and time management abilities
Knowledge of procurement best practices and industry trends
Proficiency in data analysis tools (e.g. Excel)


Required Experience:

IC

Employment Type

Full-Time

Company Industry

About Company

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