Junior Procurement Analyst

3 days ago

Thiruvananthapuram Thiruvananthapuram Trivandrum India Genrobotics Full time

Job Description We are looking for a motivated and detail-oriented Junior Procurement Analyst to support our procurement and sourcing functions. In this role, you will assist in collecting and analyzing purchasing data, preparing supplier evaluations, supporting RFQ/RFP processes, and maintaining procurement records. You will work closely with the procurement team to ensure data accuracy, vendor compliance, and timely reporting.This is an ideal opportunity for a recent graduate or early-career professional eager to grow in the field of supply chain and procurement analytics. Responsibilities Data Analysis & Reporting - Analyze procurement data to identify trends, cost-saving opportunities, and process inefficiencies. - Develop and maintain dashboards, reports, and KPIs to support strategic purchasing decisions. Spend Analysis - Track and analyze company spend across categories and suppliers. - Identify areas of high expenditure and opportunities for consolidation or negotiation. Supplier Performance Evaluation - Monitor and evaluate vendor performance based on quality, cost, delivery, and compliance. - Provide data-driven recommendations for vendor selection, renewal, or replacement. Market Research - Conduct research on market trends, pricing benchmarks, and new suppliers. - Support sourcing strategies based on market insights and business needs. RFQ & RFP Support - Assist in preparing and evaluating Requests for Quotations (RFQs) and Requests for Proposals (RFPs). - Analyze quotation data and support decision-making for supplier selection. Cost Optimization - Support procurement team in identifying and implementing cost reduction initiatives. - Analyze price variances and suggest improvements to purchasing strategies. Contract and Compliance Monitoring - Track key contract terms, renewal dates, and compliance requirements. - Ensure procurement activities align with internal policies and legal standards. Process Improvement - Recommend and support implementation of process improvements in procurement workflows. - Collaborate with cross-functional teams to enhance sourcing efficiency. Tool and System Management - Work with procurement software/tools (e.g., ERP, Excel, Power BI) for data analysis and reporting. - Maintain accurate and up-to-date procurement records and databases. Stakeholder Collaboration - Liaise with internal departments such as finance, operations, and legal to align procurement goals. - Support procurement leadership with data insights and strategic input. Skills Required - Ability to analyze procurement data to identify trends, cost-saving opportunities, and performance gaps. - Skilled in using Excel functions like pivot tables, VLOOKUP, and formulas to manage and visualize procurement data. - Strong understanding of sourcing, vendor evaluation, RFQs/RFPs, and contract management. - Effective in collaborating with vendors and internal teams, and presenting insights clearly to support decisions. Qualifications Bachelor's degree in any of the following fields: - Business Administration / Commerce / Supply Chain Management / Economics / Engineering (for technical procurement roles) /Finance or Accounting (preferred for data - focused roles). Experience : 1 Year Location : Thiruvananthapuram Skills: procurement,rfp,excel

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