Procurement Analytics

Biocon Biologics is a subsidiary of Biocon Ltd, an innovation led global biopharmaceuticals company. Biocon Biologics is engaged in developing high quality, affordable biosimilars that can expand access to a cutting-edge class of therapies to patients globally. It is uniquely positioned as a fully integrated 'pure play' biosimilars organization in the world and aspires to transform patient lives through innovative and inclusive healthcare solutions. The Company has a large portfolio of biosimilars under global clinical development with three of these commercialized in at least one of the developed markets of EU, U.S. and Japan. Biocon Biologics has a product pipeline of 28 molecules, including 11 with Mylan, several with Sandoz and is developing many independently. Biocon Biologics believes that strong partnerships offer enormous opportunities to co-create the future of healthcare, building a patient ecosystem beyond the product, which can transform millions of lives. Qualification: BScExperience: 8-12 yearsWe are seeking an experienced Analytics Specialist to support our Strategic Sourcing and Procurement team in driving data-driven decision-making across organization. This role will focus on leveraging advanced analytics and business intelligence tools to optimize sourcing strategies, identify cost-saving opportunities, and improve supplier performance within the organization. The ideal candidate will possess strong analytical skills, a deep understanding of procurement processes, and the ability to work cross-functionally with other business units.Key Responsibilities1. Data Analysis & Reporting: Conduct detailed analysis on procurement data, identifying trends, cost-saving opportunities, and performance insights. o Develop and maintain comprehensive reports and dashboards to track key procurement metrics, supplier performance, and sourcing strategy outcomes. o Support the preparation of regular reports for senior leadership and cross-functional teams, presenting actionable insights derived from complex datasets.2. Supplier Performance Analysis: o Analyse supplier performance data, including quality, delivery, relationship and cost metrics, to drive continuous improvement in supplier relationships. o Identify and recommend strategies for optimizing sourcing and procurement processes to improve efficiency and reduce costs.3. Strategic Sourcing Support: Assist in the development of sourcing strategies by analysing market data, cost structures, and supplier capabilities. Experience in preparing negotiation playbooks and product clean sheets is preferred. o Provide analytical insights that support the negotiation and selection of suppliers, ensuring that decisions align with business objectives and regulatory requirements. o Conduct spend analysis to identify opportunities for category management and supplier consolidation.4. Cost Management & Budgeting: Use advanced analytics tools to identify potential cost-saving opportunities, evaluate total cost of ownership, and assess the impact of different sourcing strategies. o Work closely with the finance and procurement teams to track budget compliance and cost forecasts. o Support the implementation of cost reduction initiatives and provide regular updates on progress.5. Process Improvement & Automation: Identify opportunities to automate data collection, reporting, and analytics processes within the procurement function. o Collaborate with IT and procurement teams to design and implement data systems and tools that enhance decision-making and improve operational efficiency. o Drive the adoption of best practices in analytics and data-driven decision-making within the procurement team.