Sr Procurement Analyst

About the role

A Senior Procurement Analyst applies analytical, technical, and industry knowledge, standards and practices to complex projects in an assigned account or geographic area. S/he works closely with assigned business partners to identify the best business solutions, which address priority business needs or issues. S/he manages specific projects and initiatives aimed at improving the efficiency of services. S/he is accountable for managing moderate risks and resource requirements. A Senior Procurement Analyst is capable of building strong working relationships with business partners, professional peers, and other team members and operating level relationships with contractors, suppliers, and other external stakeholders. S/he is a resource for colleagues with less experience (shares knowledge/has a level of expertise).

Responsibilities

• Contract Management - management of contracts with vendors and includes negotiating the terms and conditions in contracts as well as documenting and agreeing on any changes or amendments that may arise during its implementation or execution.
• Sourcing - finding, evaluating, and engaging suppliers of goods and services which includes defining business needs (identify what goods or services are required), market analysis (researching potential suppliers and market conditions), and develop sourcing strategy (deciding on the approach for sourcing - whether it's single-sourcing, multiple-sourcing, etc.).
• Category Management - segmenting spending into areas that contain similar or related products, allowing for a focused approach on categories that offer opportunities for consolidation and efficiencies. Tracking the market to understand pricing trends, regulatory changes, and innovation for the entire category.
• Vendor Management - managing the interaction with vendors and maintaining good working relationships with the vendors and internal stakeholders to mitigate risks. Tasks include reducing vendor risks, ensuring service delivery, and help build stronger relationships with vendors which can lead to opportunities to negotiate better rates.
• Process Development – drafting and design of processes under specific requirements (quality, cost) and within certain time-frames through defining and describing a sequence of activities that need to be performed to meet the process’s objectives and to produce the process’s desired outcome.
• Procurement Operations – this involves every activity involved in obtaining the goods and services needed to support daily operations, including sourcing, negotiating terms, purchasing items, and documenting all the steps in the process. Additional roles can include: travel, company vehicles, telecom, invoicing, credit card administration, P2P processes , procurement business systems, and corporate events.

Qualifications

• 3-5 years background in Procurement; experience negotiating with vendors;
• Oracle or other procurement software experience
• ReqBachelor’s Degree in Supply Chain Management, or closely related business field or equivalent work experience.