Procurement Analyst

The Procurement Analyst is responsible in supporting procurement strategy through spend analysis, supplier evaluation, sourcing initiatives, and cost optimization activities. This role analyzes purchasing and financial data, supports RFP processes, develops savings models, and provides insights to improve procurement efficiency across multiple portfolio companies. The position works closely with procurement leaders, suppliers, and business stakeholders to identify cost-saving opportunities, support contract management activities, and improve purchasing processes through data-driven recommendations.

Job Description

• Analyze purchasing and financial data to identify cost-saving opportunities and procurement improvement areas.

• Extract, clean, and categorize spend data across multiple portfolio companies.

• Develop savings models, pricing analysis, and cost scenarios to support sourcing decisions.

• Identify opportunities for standardization and purchasing optimization.

• Support sourcing initiatives through supplier research, bid analysis, and commercial evaluation.

• Review supplier proposals, pricing structures, and contract terms.

• Conduct supplier comparisons and total-cost analysis to support negotiation preparation.

• Prepare sourcing recommendations based on data analysis.

• Support execution of RFPs, RFIs, and RFQs for various spend categories.

• Coordinate supplier information gathering and proposal evaluation.

• Maintain supplier records, contract documentation, and procurement trackers.

• Monitor contract timelines, renewals, and service-level agreements.

• Develop procurement dashboards and reports tracking savings, compliance, and sourcing activities.

• Prepare weekly and monthly procurement performance updates.

• Analyze procurement metrics and provide insights to stakeholders.

• Maintain accurate documentation of procurement activities and sourcing initiatives.

• Collaborate with procurement teams, business stakeholders, and suppliers.

• Support enterprise-wide purchasing initiatives across multiple portfolio companies.

• Assist in implementing procurement process improvements and standardization efforts.

Required Qualifications

• Experience supporting strategic sourcing and procurement initiatives.

• Experience with spend analysis, supplier evaluation, sourcing activities, or procurement reporting.

• Demonstrates strong analytical skills with experience in spend analysis and cost modeling.

• Proven ability to present data-driven insights to stakeholders.

• Clear and coherent both written and verbal communication skills in English.

Screening Criteria

• Bachelor's degree in Supply Chain Management, Business Administration, Finance, Engineering, or related field.

• Minimum of three (3) years of experience in strategic sourcing, procurement operations, procurement analytics, or related fields.

• Experience working with procurement tools such as Coupa, SAP Ariba, NetSuite, Jaggaer, or similar platforms.

• Experience in Microsoft Excel skills, including VLOOKUPs, Pivot Tables, and data modeling.

• Must have stable employment history.