Procurement Analyst

Job Description

We are seeking a detail-oriented and analytical Procurement Analyst to join our Business Operations team. The Procurement Analyst will play a critical role in optimizing procurement processes, analyzing purchasing data, and supporting operational efficiency. This position requires a strategic thinker with strong business acumen, capable of collaborating with cross-functional teams to drive cost savings, improve supplier relationships, and enhance overall operational performance. Key Responsibilities Analyze procurement data, including spend patterns, supplier performance, and market trends, to identify cost-saving opportunities and operational improvements. Support the development and execution of procurement strategies aligned with business goals and operational needs. Evaluate and negotiate supplier contracts, terms, and pricing to ensure value and compliance with organizational policies. Maintain accurate records of purchases, contracts, and vendor agreements in procurement systems. Collaborate with internal stakeholders (e.g., finance, operations, and department leads) to understand business requirements and ensure timely delivery of goods and services. Monitor inventory levels, forecast demand, and coordinate with supply chain teams to prevent disruptions in operations. Generate reports and dashboards to provide actionable insights on procurement metrics, such as cost efficiency, supplier reliability, and process performance. Assist in vendor selection and onboarding, conducting due diligence to assess quality, reliability, and alignment with business objectives. Identify and implement process improvements to streamline procurement workflows and enhance operational effectiveness. Ensure compliance with company policies, industry regulations, and ethical sourcing standards. Qualifications Bachelor s degree in Business Administration, Supply Chain Management, Finance, or a related field. 2+ years of experience in procurement, purchasing, or business operations (experience in a related analytical role is a plus). Strong analytical skills with proficiency in data analysis tools (e.g., Excel, Tableau, or similar software). Familiarity with procurement software or ERP systems (e.g., SAP, Oracle, Coupa) preferred. Excellent negotiation and communication skills, with the ability to build relationships with suppliers and internal teams. Detail-oriented with a proactive approach to problem-solving and process optimization. Ability to manage multiple priorities in a fast-paced environment while meeting deadlines. Knowledge of market research, cost analysis, and supply chain principles. Team player with a customer-focused mindset and a commitment to operational excellence.