Procurement Analyst

1 day ago

Bengaluru, Karnataka, India Livspace Full time ₹ 15,00,000 - ₹ 28,00,000 per year

Role & responsibilities

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, dashboarding, and advanced procurement analytics.

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