Analyst - Indirect Procurement

1 week ago

Bengaluru, India Antal International Full time
Job Description


THE ROLE:

The Procurement Analyst is responsible for implementing sourcing strategies for assigned indirect categories to leverage the supply base, ensure continuity of supply, maximize cost savings/value realization, and proactively support the achievement of business strategies by truly partnering. Own the execution of RFIs and RFPs, document bid events through supplier correspondence, execute supplier selection in collaboration with cross-functional teams, conduct supplier negotiations, and manage ongoing supplier relationships.

How You Would Contribute

Sourcing and Supplier Management: Identify, evaluate, and select potential suppliers; negotiate contracts; and maintain relationships with existing suppliers to ensure the best terms and pricing for goods and services. Actively drive compliance of category strategies and sourcing projects with client Procurement Policy, Directives, Guidelines, local Procurement SOPs, and legal and regulatory requirements. Conduct market intelligence — searching for new vendors and setting pricing benchmarks through both primary and secondary research. Vendor interaction — issuing RFQs, obtaining quotes, addressing vendor questions, and negotiating terms. User department interaction — gathering details and specifications for required materials or services, site visits for contract execution and service delivery, and suggesting alternate vendors. Data analysis — spend analysis and opportunity assessment. Excel — advanced Excel skills for formula-driven number crunching. Communication — strong written and verbal communication with vendors and internal customers.

What’s Special About The Team

Spend analytics and hands-on experience executing large contracts and projects. Cross-functional team interaction and influence skills. Initiative to take ownership of activities and ensure successful completion. Must be assertive, persuasive, analytical, and an excellent communicator with solid organizational and prioritization skills.

Skills And Background Required To Be Successful

Graduation, with procurement knowledge preferred. Excellent PowerPoint skills. More than five (5) years of professional experience in areas related to business analysis focusing on technical and commercial aspects of contracting, procurement, and strategic sourcing. Experience in market intelligence for indirect spend categories. Experience in supplier analysis, sourcing strategies, and contract management. Experience in price benchmarking. Experience in management consulting is an advantage — specifically structured problem-solving and constructive challenge/probing. Ability to communicate in a clear, concise, and coherent manner. Mature attitude coupled with effective interpersonal, communication, and listening skills. Strong analytical abilities; able to handle and interpret large volumes of data; out-of-the-box thinking to provide valuable insights on economic, technical, financial, and/or commercial areas to support decision-making. Proficiency in Microsoft tools including PowerPoint, Excel, and Word.

Education

B.Tech

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