Procurement Analyst, Source to Pay Operations

1 month ago

Bangalore, India Ralph Lauren Full time

Ref #: W147097

Department: Finance

City: Bangalore

State/Province: Karnataka

Country: India

Pay Range Max

Pay Range Min

Company Description Ralph Lauren Corporation (NYSE:RL) is a global leader in the design, marketing and distribution of premium lifestyle products in five categories: apparel, accessories, home, fragrances, and hospitality. For more than 50 years, Ralph Lauren's reputation and distinctive image have been consistently developed across an expanding number of products, brands and international markets. The Company's brand names, which include Ralph Lauren, Ralph Lauren Collection, Ralph Lauren Purple Label, Polo Ralph Lauren, Double RL, Lauren Ralph Lauren, Polo Ralph Lauren Children, Chaps, among others, constitute one of the world's most widely recognized families of consumer brands.

At Ralph Lauren, we unite and inspire the communities within our company as well as those in which we serve by amplifying voices and perspectives to create a culture of belonging, ensuring inclusion, and fairness for all. We foster a culture of inclusion through: Talent, Education & Communication, Employee Groups and Celebration.

Position Overview Responsible for activities to support and streamline the Source to Pay processes including the elimination of manual invoice processing and improvement in our supplier’s payment experience. Responsible for preparation and execution of purchase order activities and the resolution of aged inventory receipts for select RL global teams. Works closely with project teams and business partners to manage day to day activities for assigned projects and initiatives in the RL Source to Pay workflow, from sourcing of merchandise or non-merchandise goods and services through to the payments. Reports to the Manager of the Source to Pay team.  Experience in purchase order processing, accounts payable procurement, analysis, buying as well as a desire to learn are essential. The Source to Pay Operations Analyst is responsible for support of various processes and systems utilized by our Global RL Buyers and Payment Processors.  The Analyst is responsible for assisting suppliers/ stakeholders with purchase requests and orders, as well as execution of related special projects as required. 

Essential Duties & Responsibilities

  • Execution of Source to Pay day-to-day activities including:
  • Creation of special handling purchase orders upon request
  • Creation of purchase orders for businesses, including licensees, RL Vintage & Antique and Home, etc.
  • Drive No PO No Pay project to increase the PO adoption across the business and region.
  • Identification of root cause and resolution of aged inventory receipts
  • Development of key stakeholder relationships
  • Root Cause Analysis 
  • Identification/ resolution for aged missing purchase orders and aged missing inventory receipts
  • Elimination of manual processes in our Source to Pay workflow
  • Partner with internal RL teams to resolve issues in our payment cycle
  • Project/ Process Mindset
  • Execute on the resolution of issues
  • Report out (via metrics) on improvement progress (# of aged POs, aged invoices missing, etc.)
  • Supplier engagement and internal RL stakeholder support
  • Vendor payment management

    Experience, Skills & Knowledge Required Skills:

    • Ability to execute under time sensitive deadlines and work effectively dynamic environment
    • Highly self-motivated with the ability to drive change in a decentralized organization 
    • Analytical, influencing, facilitating, strategic thinking, solution oriented, process-driven
    • Strong ability to analyze and organize data Experience/Education:
      • Bachelor’s Degree in business or a related field preferred
      • 2 + years of experience in Accounts Payable, Corporate Procurement, Transactional Purchasing or Project Management 
      • ERP knowledge preferred, SAP experience an asset
      • Advanced Microsoft Office Suite--Word, Excel, PowerPoint (Project a plus)
      • Advanced written and oral communication skills required

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