Global Procurement Analyst

Responsible for analyzing the company's global procurement activities to ensure cost-effective purchasing and efficient supply chain operations. A strong focus on SAP systems, data analysis, Power BI software, and category management is essential for this position. This role will work closely with internal stakeholders to understand their needs and align sourcing strategies with overall business objectives.

Responsibilities

Data Collection and Analysis

• Gather procurement data from various sources and work with functional teams, to ensure ensuring accuracy and completeness of procurement reports detailing cost analysis, supplier performance, and procurement metrics with key insights and recommendations.
• Analyze data to identify trends, anomalies, to support budget management and identify opportunities for cost savings and procurement process & strategy improvement.
• Ensure data integrity and accuracy through regular audits and data validation.

Global Sourcing Strategies

• Identify and evaluate potential suppliers through market research and analysis; align sourcing strategies with overall project, business objectives and goals.
• Create and implement global strategic sourcing plans to achieve cost savings and improve procurement efficiency.
• Drive continuous improvement initiatives within the global sourcing process to enhance efficiency and cost effectiveness.
• Stay updated with best practices and emerging trends in global strategic sourcing.

Global Category Management

• Develop and implement category management strategies to optimize procurement spending for specific product categories utilizing past purchase data from SAP.
• Utilize market intelligence for category management and develop comprehensive supplier list for said category.
• Build and maintain strong rapport with key suppliers by addressing suppliers concerns efficiently.
• Perform cost analysis to identify areas for cost reduction and efficiency gains within the categories.
• Implement improvement plans for underperforming suppliers.
• Identify and mitigate risks associated with each category, including supply chain disruptions and market volatility with development of contingency plans.
• Make recommendations on internal procurement strategies, process design and reengineer continuous improvement of the department’s workflow.
• Keep informed to new legislations and regulations relating to work requirements and keep abreast with necessary knowledge to ensure efficient and prudent operation of the department
• Act as an interface between suppliers and other relevant departments on purchasing processes and new projects and activities.
• Undertake and perform any other duties as assigned by the Management.

Qualifications

• 2-3 years of experience in procurement/ vendor/data management or relevant work experience
• Strong background in strategic sourcing and supplier management with focus on driving continuous improvement is preferred
• Strong knowledge in data analysis and interrogation tools and methodologies Computer literate and proficient in Microsoft Office (Word, PowerPoint, Excel).
• Strong knowledge of various data analytics tools like SAP SD, Power BI, MS Access, Excel, preferably SQL knowledge. Good communication and negotiation skills and able to work independently.
• Excellent communication skills, effective interpersonal skills, and the ability to work with personal at all organizational levels.
• Fluent in both verbal and written English