Spend Analytics

Role: Spend Analytics

Location: Gurgaon

Full/ Part-time: Full Time

Build a career with confidence

Carrier Global Corporation, global leader in intelligent climate and energy solutions is committed to creating solutions that matter for people and our planet for generations to come. From the beginning, we've led in inventing new technologies and entirely new industries. Today, we continue to lead because we have a world-class, diverse workforce that puts the customer at the center of everything we do.

About the role

The Spend analytics Senior Analyst will be responsible for analyzing and interpreting spending patterns and spend data to drive insights and strategic decision-making related to procurement and cost optimization, generate actionable insights for the Global/Regional supply chain team to achieve its financial goals and improve overall operational efficiency.

Key Responsibilities:

1. Support the supply chain organization and category managers with strong spend data analytics capabilities, e.g.

• Spend data analysis and Interpretation: Conduct in-depth analysis of spending data to identify trends, patterns, and anomalies. Utilize statistical techniques and data visualization tools to transform complex data sets into meaningful insights. Use tools such as VBA /Python /R /Excel to aid machine learning and increase automation, in order to support various steps involved in delivering a robust spend analysis.

• Spend Optimization Strategies: Build category specific reports to inform and drive category savings levers (e.g., historical spend trends, cost increases, volume spikes, price change vs changes in underlying commodity indices etc). Collaborate with cross-functional teams to develop strategies and recommendations spend optimization. Identify opportunities for cost reduction, provide recommendations and implement

• initiatives to achieve savings

• Data Governance and Quality: Ensure data integrity and accuracy by implementing data governance practices. Develop and maintain data cleansing processes, validation checks, and data quality standards to improve the reliability of spend data.

• Negotiation preparation: Support category managers with preparation to drive high quality and fact-based negotiations

2. Implementation (execution) of initiatives generated from spend analytics, and converting insights into real savings. Drive or support initiative owners to manage the stage gate process to ensure initiative execution, ensure tracking and reporting of value capture Support procurement teams in establishing a data base for global and regional spend categories.

3. Continuous Improvement: Stay updated on industry best practices, emerging trends, and technological advancements in spend analytics. Identify opportunities to enhance existing processes, tools, and methodologies to drive efficiency and effectiveness.

4. Stakeholder Collaboration: Collaborate with stakeholders across the organization (supply chain, engineering, operations, quality etc) to understand their spend analysis requirements and translate them into actionable insights. Provide guidance and support in interpreting spend analytics findings and implementing recommendations

Requirements

The ideal candidate will have 3-6 years of experience in an international procurement organization

• Proficiency in data analysis tools such as Excel, SQL, Python and data visualization tools (e.g. Power BI). Knowledge of advanced statistical techniques and predictive analytics is a plus

• Hands on experience in working on spend data to drive actionable insights for spend data

• Knowledge of sourcing, cost reduction ideas

• Strategic thinking- ability to think through and independently

• Strong problem-solving and analytical skills

• Ability to work effectively within teams and collaborate with multiple global stakeholders for completion of projects

• Excellent communication and presentation skills, with the ability to effectively communicate complex ideas

Benefits

We are committed to offering competitive benefits programs for all of our employees, and enhancing our programs when necessary.

• Make yourself a priority with flexible schedules, parental leave

• Drive forward your career through professional development opportunities

• Achieve your personal goals with our Employee Assistance Programme

Our commitment to you

Our greatest assets are the expertise, creativity and passion of our employees. We strive to provide a great place to work that attracts, develops and retains the best talent, promotes employee engagement, fosters teamwork and ultimately drives innovation for the benefit of our customers. We strive to create

an environment where you feel that you belong, with diversity and inclusion as the engine to growth and innovation. We develop and deploy best-in-class programs and practices, providing enriching career opportunities, listening to employee feedback and always challenging ourselves to do better. This is The Carrier Way.

Join us and make a difference.

Apply Now

Carrier is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.

Job Applicant's Privacy Notice:

Click on this link to read the Job Applicant's Privacy Notice