Procurement Analyst

Posted 19 Days Ago
Chennai, Tamil Nadu, IND
In-Office
Entry level
Artificial Intelligence • Information Technology • Consulting • Automation
The Role
Supports end-to-end procurement operations, including requisitions, RFQs, purchase orders, order tracking, vendor management, and invoice monitoring. Analyzes spend, savings, vendor performance, and procurement KPIs using reports and dashboards. Maintains procurement and vendor data, supports negotiations and contract renewals, conducts price benchmarking, and identifies cost-saving, consolidation, and process-standardization opportunities.
Summary Generated by Built In
Requirements

Procurement Operations

  • Support end-to-end procurement activities, including purchase requisitions, RFQs/RFPs, quotation analysis, purchase orders, and order tracking.
  • Coordinate with internal stakeholders to understand business requirements and ensure timely fulfillment.
  • Evaluate quotations and prepare comparative statements to support purchasing decisions.
  • Monitor purchase orders, deliveries, invoices, and outstanding commitments.

Spend & Data Analysis

  • Analyze procurement and vendor spend to identify cost-saving and optimization opportunities.
  • Prepare regular reports and dashboards covering spend, savings, purchase orders, vendor performance, and procurement KPIs.
  • Maintain accurate procurement data and ensure timely updates to procurement systems.
  • Identify spending trends, anomalies, and opportunities for consolidation or standardization.

Vendor Management

  • Support vendor onboarding, documentation, evaluation, and periodic performance reviews.
  • Maintain vendor master data, contracts, pricing information, and commercial terms.
  • Coordinate with vendors on pricing, delivery schedules, payment terms, and other commercial requirements.
  • Track vendor performance against agreed SLAs, quality, cost, and delivery expectations.

Commercial & Cost Management

  • Assist in negotiations with vendors to achieve competitive pricing and favorable commercial terms.
  • Conduct price benchmarking and market analysis.
  • Support contract renewals and identify opportunities for renegotiation or consolidation.
  • Track procurement savings and validate realized benefits with relevant stakeholders.


Benefits
  • Strong analytical and problem-solving skills.
  • Good understanding of procurement and purchasing processes.
  • Excellent MS Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP, data analysis, and reporting.
  • Experience with procurement/ERP systems such as SAP, Oracle, Coupa, Ariba, or similar tools is desirable.
  • Strong attention to detail and data accuracy.
  • Good communication and stakeholder-management skills.
  • Ability to work with multiple teams and manage competing priorities.
  • Strong commercial awareness and negotiation skills.
  • Ability to convert procurement data into meaningful business insights.



Skills Required

  • Strong analytical and problem-solving skills
  • Good understanding of procurement and purchasing processes
  • Advanced MS Excel skills, including Pivot Tables, XLOOKUP/VLOOKUP, data analysis, and reporting
  • Strong attention to detail and data accuracy
  • Good communication and stakeholder-management skills
  • Ability to work with multiple teams and manage competing priorities
  • Strong commercial awareness and negotiation skills
  • Ability to convert procurement data into meaningful business insights
  • Experience with procurement or ERP systems such as SAP, Oracle, Coupa, or Ariba
Am I A Good Fit?
beta
Get Personalized Job Insights.
Our AI-powered fit analysis compares your resume with a job listing so you know if your skills & experience align.

The Company
189 Employees
Year Founded: 2018

What We Do

Recode Solutions is a technology solutions provider helping enterprise businesses accelerate digital transformation. It delivers technology consulting and Agentic AI-enabled digital workers for enterprise process transformation, including data and analytics, robotic process automation, integration, software development and operations, quality assurance, digital commerce, and computer-vision-based industrial automation. Its solutions combine custom programming with selected enterprise platforms to optimize operations and improve intelligent, scalable processing.

Similar Jobs

In-Office
2 Locations
1900 Employees
6K-8K Annually

AstraZeneca PLC Logo AstraZeneca PLC

Consultant

Biotech • Pharmaceutical • Manufacturing
In-Office
Chennai, Tamil Nadu, IND
90000 Employees

AstraZeneca Logo AstraZeneca

Consultant

Biotech • Pharmaceutical
In-Office
Chennai, Tamil Nadu, IND
70000 Employees
Hybrid
Chennai, Tamil Nadu, IND
7794 Employees

Similar Companies Hiring

Onshore Thumbnail
Artificial Intelligence • Fintech • Software • Financial Services
New York, New York
60 Employees
Blee Thumbnail
Artificial Intelligence • Marketing Tech • Software
New York, New York
33 Employees
Vega Thumbnail
Artificial Intelligence • Automotive • Insurance • Transportation
US
65 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account