Procurement Analyst

3 weeks ago

Bengaluru, India Livspace Full time

We are seeking a highly motivated and detail-oriented Procurement Lead to join our startup, an online marketplace for home interior design services. The ideal candidate should have a strong background in procure-to-pay processes, along with proficiency in Excel and Google Sheets. In this role, you will manage the procurement process end-to-end, from sourcing and selecting suppliers to ensuring smooth operations. A key focus will be on strong analytical skills, including procurement analysis, data cleaning, dashboard creation, and advanced procurement analytics.

Preferred candidate profile

Support senior buyers and category managers by analyzing procurement data and creating structured summaries to drive key sourcing decisions.
Develop and implement procurement strategies to ensure timely and cost-effective sourcing of goods and services.
Collect and structure unorganized vendor and market data into logical formats for decision-making on rate cards, vendor selection, and service agreements.
Conduct benchmarking of vendors on key criteria such as cost, SLA, location-wise performance, asset ownership, and compliance.
Manage the procure-to-pay (P2P) process, including PR-to-PO conversion, invoice processing, and payment reconciliation.
Collaborate with cross-functional teams (Marketing, IT, CAPEX, and OPEX functions) to understand and address category-specific procurement needs.
Build and maintain a strong supplier base through regular evaluation, performance tracking, and improvement initiatives.
Ensure accurate documentation of procurement activities, including contracts, rate cards, POs, and invoices.
Monitor procurement performance metrics and generate data-driven insights to improve efficiency and reduce costs.
Work with the Finance team to support procurement budgeting, forecasting, and spend optimization efforts.
Identify cost-saving opportunities through historical spend analysis, vendor rationalization, and negotiation support.
Use Excel and Google Sheets proficiently for data cleaning, dash boarding, and advanced procurement analytics.

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