P2P Analyst

Role: P2P Analyst

Location: Chennai

Mode: Office

Shift: Rotational

Responsibilities:

• In depth knowledge of P2P Cycle

• Should have knowledge in Sourcing, Order processing, Order confirmations and expediting rush orders

• Vendor management & Vendor development - Vendor on-boarding, Supplier relationship management

• Catalogue & non-catalogue orders | inventory management | Lead time management

• Development of global sourcing strategies; RFX Management and evaluation using supplier scorecard process

• Requisition management, internal cost approval processes and expediting orders

• Efficient planning and implementation of ordering process to ensure specified ETAs

• Contract Management & Risk management - Actively participating in contract management - Execution of contracts (negotiation in terms of various contract clauses for the benefit of the firm) in coordination with Legal team and Business

• Stakeholder management - Maintaining relationship with all levels of supplier personnel and Business

• Handling requests for information and day to day queries regarding order status, contract renewal, usage rights, cost details, spend management etc.,

• Invoice processing & ensuring invoice payment and cost allocations

• Analyze spend of the order and negotiate with suppliers to achieve direct cost savings and indirect cost benefits

• Weekly Reporting to the client on Savings, status report of ongoing orders and discussing challenges, opportunities and improvement plans

• Reporting to the client to understand business/volume and trends by region

• Identifying opportunities and implementing actions to achieve efficiencies and business expansions

• Knowledge Market Data Manager tool and other invoicing tools

• Key Technical Skills: MS Office Package

• Key soft skills - Excellent verbal and written communication skills, liaising skills

Mandatory skills:

Vendor management

Good negotiation skills

Inventory management

Strong communication

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