The Role
The Procurement Analyst manages purchase requests, sourcing events, contract lifecycle, supplier onboarding, and performance management while ensuring compliance and stakeholder alignment.
Summary Generated by Built In
1. Purchase Request (PR) Management
- Review and validate Purchase Requests (PRs) for completeness, compliance, and correct categorization
- Validate pricing, supplier alignment, and contract availability
- Identify sourcing requirements and initiate RFx where applicable
- Resolve discrepancies between PRs, quotations, and contract terms
- Engage stakeholders to correct errors and ensure readiness for sourcing
- Ensure adherence to procurement policies and preferred supplier base
2. Tactical Sourcing & RFx Execution
- Execute end-to-end sourcing events (RFI, RFQ, RFP) aligned with category strategies
- Identify and shortlist suppliers based on defined criteria and category alignment
- Conduct market analysis, supplier research, and benchmarking
- Develop commercial and technical evaluation models
- Manage supplier communications and clarifications during sourcing events
- Support evaluation, supplier selection, and award recommendations
- Ensure alignment with cost, quality, risk, and compliance objectives
3. Commercial Evaluation & Negotiation Support
- Perform cost analysis and benchmarking across supplier bids
- Support commercial negotiations (pricing, payment terms, contractual terms)
- Drive alignment between stakeholders and suppliers on commercial outcomes
- Prepare sourcing recommendations and business cases for approvals
4. Catalogue Enablement & Spend Optimization
- Identify catalogue opportunities based on spend patterns and recurring demand
- Drive standardization and compliance through catalogue adoption
- Collaborate with stakeholders and suppliers to define catalogue scope and content
- Support catalogue creation, validation, testing, and system enablement
- Ensure alignment with preferred supplier strategy and procurement policies
5. Contract Lifecycle Management
- Manage end-to-end contract lifecycle including:
- NDA initiation and execution
- Contract drafting, amendments, renewals, and extensions
- Commercial and contractual negotiations
- Coordinate with Legal, Finance, and stakeholders for inputs and approvals
- Manage contract redlining, version control, and execution
- Ensure proper documentation, storage, and audit readiness
- Track contract validity, expiry, and renewal timelines
6. Supplier Onboarding & Vendor Management Support
- Support supplier onboarding, qualification, and due diligence processes
- Coordinate supplier data collection, validation, and onboarding workflows
- Facilitate supplier risk assessments and evaluation processes
- Support supplier performance tracking and issue resolution
- Act as coordination point between suppliers and internal stakeholders
- Ensure accuracy of supplier master data in collaboration with relevant teams
7. E-Sourcing & Auction Support
- Support RFx and e-auction activities including:
- Event setup and configuration
- Supplier onboarding and communication
- Response tracking and consolidation
- Prepare bid comparison summaries and sourcing reports
- Support auction execution and documentation of results
- Ensure proper closure and documentation of sourcing events
8. Contract Operations & Compliance Support
- Manage NDA administration, contract documentation, and repository updates
- Coordinate approval workflows (LOA) and track approval status
- Ensure completeness and accuracy of contract records in systems
- Monitor contract timelines and trigger renewal processes
- Maintain compliance with procurement processes and audit requirements
9. Stakeholder & Demand Management
- Act as key interface for business stakeholders and GCMs
- Manage sourcing demand pipeline and prioritize activities
- Ensure clear scoping, timelines, and expectations for each request
- Provide proactive updates and manage escalations effectively
10. Performance Management & Continuous Improvement
- Track sourcing performance metrics:
- Lead time
- SLA adherence
- Quality/accuracy
- Identify bottlenecks and drive process improvements
- Standardize sourcing templates, processes, and tools
- Support digital and automation initiatives (including AI use cases)
- 7-10 years of experience in procurement / sourcing
- Strong experience across tactical sourcing and contract lifecycle management
- Exposure to RFx tools and e-sourcing platforms
- Experience in indirect procurement categories preferred
Strong commercial acumen and negotiation capability
Deep understanding of sourcing and contracting processes
Strong analytical and problem-solving skills
Ability to manage high-volume, multi-project environment
- Stakeholder management and influencing skills
- Power Platform knowledge is an advantage
- Precise and Quality oriented
- Good interpersonal skills
Skills Required
- 7-10 years of experience in procurement / sourcing
- Strong experience across tactical sourcing and contract lifecycle management
- Exposure to RFx tools and e-sourcing platforms
- Experience in indirect procurement categories preferred
- Strong commercial acumen and negotiation capability
- Deep understanding of sourcing and contracting processes
- Strong analytical and problem-solving skills
- Ability to manage high-volume, multi-project environment
- Stakeholder management and influencing skills
- Power Platform knowledge is an advantage
- Precise and Quality oriented
- Good interpersonal skills
Nokia Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Nokia and has not been reviewed or approved by Nokia.
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Equity Value & Accessibility — Equity programs include a global employee share purchase plan with company matching and multi‑year share awards. These mechanisms broaden participation and tie rewards to long‑term outcomes.
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Healthcare Strength — Health coverage includes major medical plans with supplementary options such as vision, legal services, and care navigation. The range of offerings indicates comprehensive support for medical needs.
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Parental & Family Support — A global policy grants paid leave for new parents regardless of gender and provides structured return‑to‑work support. Company‑paid life insurance further strengthens family protection across regions.
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The Company
What We Do
At Nokia, we create technology that helps the world act together. As a trusted partner for critical networks, we are committed to innovation and technology leadership across mobile, fixed and cloud networks. We create value with intellectual property and long-term research, led by the award-winning Nokia Bell Labs. Adhering to the highest standards of integrity and security, we help build the capabilities needed for a more productive, sustainable and inclusive world.
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