Junior Procurement Analyst (1 Year)

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profile Job Location:

Thiruvananthapuram - India

profile Monthly Salary: Not Disclosed
Posted on: 30+ days ago
Vacancies: 2 Vacancies

Job Summary

We are looking for a motivated and detail-oriented Junior Procurement Analyst to support our procurement and sourcing this role you will assist in collecting and analyzing purchasing data preparing supplier evaluations supporting RFQ/RFP processes and maintaining procurement records. You will work closely with the procurement team to ensure data accuracy vendor compliance and timely is an ideal opportunity for a recent graduate or early-career professional eager to grow in the field of supply chain and procurement analytics.
Responsibilities:

Data Analysis & Reporting

  • Analyze procurement data to identify trends cost-saving opportunities and process inefficiencies.
  • Develop and maintain dashboards reports and KPIs to support strategic purchasing decisions.

Spend Analysis

  • Track and analyze company spend across categories and suppliers.
  • Identify areas of high expenditure and opportunities for consolidation or negotiation.

Supplier Performance Evaluation

  • Monitor and evaluate vendor performance based on quality cost delivery and compliance.
  • Provide data-driven recommendations for vendor selection renewal or replacement.

Market Research

  • Conduct research on market trends pricing benchmarks and new suppliers.
  • Support sourcing strategies based on market insights and business needs.

RFQ & RFP Support

  • Assist in preparing and evaluating Requests for Quotations (RFQs) and Requests for Proposals (RFPs).
  • Analyze quotation data and support decision-making for supplier selection.

Cost Optimization

  • Support procurement team in identifying and implementing cost reduction initiatives.
  • Analyze price variances and suggest improvements to purchasing strategies.

Contract and Compliance Monitoring

  • Track key contract terms renewal dates and compliance requirements.
  • Ensure procurement activities align with internal policies and legal standards.

Process Improvement

  • Recommend and support implementation of process improvements in procurement workflows.
  • Collaborate with cross-functional teams to enhance sourcing efficiency.

Tool and System Management

  • Work with procurement software/tools (e.g. ERP Excel Power BI) for data analysis and reporting.
  • Maintain accurate and up-to-date procurement records and databases.

Stakeholder Collaboration

  • Liaise with internal departments such as finance operations and legal to align procurement goals.
  • Support procurement leadership with data insights and strategic input.

Skills required:

  • Ability to analyze procurement data to identify trends cost-saving opportunities and performance gaps.
  • Skilled in using Excel functions like pivot tables VLOOKUP and formulas to manage and visualize procurement data.
  • Strong understanding of sourcing vendor evaluation RFQs/RFPs and contract management.
  • Effective in collaborating with vendors and internal teams and presenting insights clearly to support decisions.
Qualifications:
Bachelors degree in any of the following fields:
  • Business Administration / Commerce / Supply Chain Management / Economics / Engineering (for technical procurement roles) /Finance or Accounting (preferred for data - focused roles).

Experience : 1 Year

Location : Thiruvananthapuram


Required Skills:

procurementrfpexcel

We are looking for a motivated and detail-oriented Junior Procurement Analyst to support our procurement and sourcing this role you will assist in collecting and analyzing purchasing data preparing supplier evaluations supporting RFQ/RFP processes and maintaining procurement records. You will work ...
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Key Skills

  • Purchasing
  • Procurement
  • Vendor Management
  • HR Sourcing
  • Lean
  • Pivot tables
  • SAP
  • Asset Management
  • Supply Chain Experience
  • Microsoft Excel
  • Financial Management
  • Contracts