Procurement Analyst Job Description
Procurement Analyst Duties & Responsibilities
To write an effective procurement analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included procurement analyst job description templates that you can modify and use.
Sample responsibilities for this position include:
Procurement Analyst Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Procurement Analyst
List any licenses or certifications required by the position: DAWIA, DISA, III, II, CPSM, CPM, APICS, FAC-C, CPIM, ISM
Education for Procurement Analyst
Typically a job would require a certain level of education.
Employers hiring for the procurement analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Accounting, Economics, Management, Organization and Management, Industrial, Marketing, Law, Education
Skills for Procurement Analyst
Desired skills for procurement analyst include:
Desired experience for procurement analyst includes:
Procurement Analyst Examples
Procurement Analyst Job Description
- Supports performance metrics established by the Procurement Director
- Learn procurement policies, processes, systems, methodologies
- Train employees of the SPC support e-training of business owner for procurement tools roll-out
- Manage sourcing activities (as a Procurement Officer) over and above the contract management responsibilities
- Assisting procurement department in estimating and analyzing project costs, purchased goods pricing, material planning, and contract allocation management
- Managing / maintaining procurement data integrity (i.e., TM1, PeopleSoft, Cost Models, Cost Savings, Smart Analytics, etc)
- Manage large amounts of data and present in an appropriate format
- Experience in preparing advanced reports and presentations
- Facilitate/lead tracking, negotiation, and completeness and accuracy of contract documentation
- Ensure that contractual terms are correct and in line with contractual guidelines and policies
- Utilize strong written communication skills in the development and delivery of presentations, email communications
- Leverage advanced skills with MicroSoft tools including
- Can prepare and present data/findings in a concise and understandable format
- Demonstrated ability to solve basic problems
- Strong computer skills, including knowledge of ERP systems
- Bachelor’s Degree required (Business
Procurement Analyst Job Description
- Supervise, manage and direct the procurement team for alignment with site objectives and global initiatives
- Manages Global Security Access for AMS Process
- Co-Trainer for AMS SAP processes
- Develop basic cost models of suppliers’ value chain
- Guided to developing and implement complex models and decision frameworks
- Perform financial analysis to assist in the evaluation of spend data (e.g., inventory carrying costs
- The position will be expected to communicate primarily with internal stakeholders (Company and Bottlers), but may also have discussions with external suppliers and 3rd party (e.g., consultants, industry organizations)
- Analyze new PO placement metrics for commodity spend
- Include analysis in monthly reporting on eAuctions (based on reporting in Ariba) and UOP Project Productivity (out of TrackVia)
- Work closely with Finance to ensure metric integrity
- Expert knowledge of spend analysis tools
- Experience influencing team members across lines of business, functional areas and different levels of an organization
- Action oriented and desire to roll-up sleeves to get the job done
- Ability to work on multiple projects and tasks at once in a fast-paced, entrepreneurial environment
- 0 – 3 years minimum experience (could include internships, involvement in school programs)
- Possesses solid client focus
Procurement Analyst Job Description
- Supports and enforces Procurement policies, Sarbanes-Oxley, Supplier Diversity policy, and all other audit and regulated procurement requirements to ensure compliance
- Maintain and improve the procurement system and process used to track spending activity, current projects and savings associated with individual sourcing programs
- Develops complex spreadsheets, documents, reports, and presentations using e-procurement tools
- Recognize and investigate issues discussed during program meetings
- Prepare category wide supplier spend analysis, monitoring and reporting contract activity and tracking savings plans against annual goals
- Develop analytical tools to support reporting performance metrics
- Develop Cost Benefit Analysis tools for Strategic projects and sourcing events
- Contribute to Supplier tenders, evaluations and negotiations
- Support strategic projects to implement efficiencies and drive economies of scale through supplier products and services
- Take ownership for the management of low risk supplier relationships
- Demonstrated ability to develop baseline level of functional/banking knowledge
- Experience with ERP system/ Peoplesoft
- Must have strong data analysis and reporting skills
- Demonstrates success in time management
- Bachelor’s degree or equivalent qualification or ability to demonstrate equivalent academic caliber required
- Must have proven Excel experience (100K+ rows, sumifs, vlookup, pivot tables, goal seek, financial modeling)
Procurement Analyst Job Description
- Develop regular management information reports for Procurement team, including performance tracking metrics
- Act as back up for Procurement Manager activities in Travel- Approvals and travel booking
- Efficiently address inquiries from employees regarding Procurement policies, processes and systems
- Procurement, global travel or Corporate Services experience is a plus
- Supporting processes, procedures, performance metrics, technology and organizational elements at the global level
- Working with business stakeholders to build consensus and alignment for sourcing projects
- Identifying key stakeholders and collaborating, advising and influencing (where appropriate) across the company
- Identify and implement cost reduction/productivity projects to meet the initiatives/goals
- Perform/manage IDM supplier contract & payment
- Motivate, engage and develop team with right competencies and capabilities
- Experience with database systems and writing SQL queries
- Bachelor's degree in MIS, Finance, Accounting, Economics, Information Systems or related field
- At least 2-3 years experience from analyzing data in a procurement environment
- Used to working in an international setting with both internal clients suppliers from different parts of the world
- A pragmatic approach and an ability to work independently in identifying and analyzing opportunities
- SAP SD/MM experience is a must
Procurement Analyst Job Description
- Support Procurement leaders on all sourcing and contracting activities and strategy execution
- Support Procurement leaders in working to identify future sourcing opportunities
- Assist Procurement organization in providing data analysis support and information consolidation in furtherance to their goals and objectives, including market research, operational interface, project and cost savings support
- Collaborate with the Americas procurement teams to ensure they are using eProcurement tool efficiently and effectively
- Partner with the Procurement Excellence EMEA team to ensure alignment , global standardization, and best practice sharing
- Develop and conduct trainings across teams to enable shared understanding and success
- Collects and rationalizes data from multiple sources
- Managing the vendor onboarding and some of the vendors management
- Supporting the Manager and the activities, so there will be some admin duties that are in there
- Maintain and share expertise of corporate supply chain tools (Inflation Model, MIN, Emptoris Contract Management, and Ariba)
- Familiarity working with Electronic Purchasing Systems and proficiency with MS Office suite
- Strong communication skills with superior ability to express thoughts clearly and confidently in English
- Team work and must be able to work within a collaborative environment
- Exposure to Continuous Improvement Tools (Lean or Six Sigma or Kaizen)
- 1-3 years of experience in similar job, help desks or related technical fields
- Knowledge of Windows XP through Windows 7