Contract and Procurement Analyst

5 days ago

Pune, Maharashtra, India Facctum Full time ₹ 80,000 - ₹ 1,20,000 per year

Job Description
Key Responsibilities

  • Support strategic sourcing initiatives by conducting market intelligence, supplier risk assessments, and benchmarking to identify cost-saving opportunities.
  • Assist in the procurement transaction cycle including sourcing, purchase requisition reviews, RFQs, bid evaluations, and purchase order management.
  • Support in contract lifecycle management, including drafting, reviewing, monitoring compliance, and maintaining documentation.
  • Manage and update vendor databases, coordinate onboarding, and monitor vendor performance against SLAs, KPIs, and contractual obligations.
  • Collaborate with internal stakeholders to understand procurement requirements and ensure timely fulfillment.
  • Generate and analyze procurement dashboards and reports (spend analytics, cost optimization, supplier scorecards, category performance tracking)..
  • Support audit and compliance requirements related to procurement policies and vendor contracts.
  • (Preferred) Assist in travel management, including vendor coordination for travel services, bookings, and expense tracking.
  • (Preferred) Contribute to facility management activities including vendor engagement for office services, utilities, and maintenance contracts.

Requirements
Key Requirements

  • Bachelor's degree in Business Administration, Supply Chain, Finance, or a related field (CIPS or equivalent certification preferred).
  • Minimum 2+ years of progressive procurement,, vendor management, or contract management.
  • Understanding of risk management frameworks, supplier due diligence, and compliance requirements.
  • Strong analytical, communication, contract negotiation and coordination skills.
  • Proficiency in MS Office (Excel, Word, PowerPoint); knowledge of procurement tools/ERP systems is an advantage.
  • Ability to multitask, prioritize, and meet deadlines in a dynamic environment.
  • Ability to synthesize complex data into actionable insights for cost savings and vendor optimization.
  • (Good-to-have) Exposure to travel management and/or facility management.

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