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Procurement Analyst
1 week ago
Title:
Exciting Opportunity: Procurement Analyst (Asia Pacific)
Location:
Mumbai
Work Format:
Full-time role based in office
Experience Level:
5-8 Years Experience
Required skills:
- Analyzing costing data to enhance cost efficiency.
- Proficient in data analysis
About the Company:
This role is with a leading company in the procurement industry, specializing in optimizing supply chain processes and driving strategic cost management.
Job Description:
This position requires a blend of Analytical skills and Procurement experience.
- Plans and monitors material movement in the production cycle for necessary purchases.
- Obtains materials based on engineering and production schedules and maintains inventory levels efficiently.
- Creates and manages bills of material and parts/commodities numbers.
- Develops specifications for new contract orders and evaluates vendor reliability.
- Collaborates with various teams to ensure optimal supply chain services and cost-effective solutions.
Key Roles and Responsibilities:
Cost Analysis:
- Analyze costs and recommend cost-efficient strategies.
- Conduct thorough data analysis.
Procurement:
- Contribute to procurement activities and negotiations.
- Possess in-depth knowledge of procurement processes.
- Demonstrate commercial acumen.
SAP Procurement Support:
- Proficient in SAP modules.
- Generate and analyze SAP reports for procurement activities.
- Provide support and training on SAP-related issues.
Vendor Management:
- Assist in vendor selection, evaluation, and performance monitoring.
- Maintain vendor records and facilitate communication.
Cost Analysis:
- Analyze procurement data within SAP for cost-saving opportunities.
- Support cost control initiatives and budget tracking.
Reporting:
- Prepare and maintain procurement reports highlighting key metrics.
- Assist in generating reports for management review.
Team Collaboration:
- Coordinate with other procurement teams.
- Collaborate across functions such as finance and inventory management.
Knowledge, Skills and Attributes:
- Establish collaborative relationships based on trust and open communication.
- Drive innovation and service improvement with suppliers.
- Proactively engage with suppliers to resolve issues and enhance mutual benefit.
- Implement supplier management practices for cloud-based services.
- Knowledge of relevant legislation and commercial governance.
- Manage risks associated with supply chain integrity and security.
- Monitor supplier performance and implement improvement strategies.
- Demonstrate strong leadership, strategic thinking, and interpersonal skills.
- Excellent communication skills and attention to detail.
- Proficient in negotiation, purchasing, and cost optimization.
- Ability to drive business improvements and cost reduction.
Experience required:
- Strong understanding of procurement principles and processes.
- Proficiency in SAP procurement modules is essential.
- Excellent communication, negotiation, and analytical skills.
- Attention to detail and accuracy.
- Ability to work effectively in a team.
- Strong organizational and time management abilities.
- Previous experience in procurement or supply chain roles is essential.
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