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Junior Procurement Analyst (1 Year)

Junior Procurement Analyst (1 Year)

ConfidentialThiruvananthapuram, Thiruvananthapuram / Trivandrum, India
8 days ago
Job description

We are looking for a motivated and detail-oriented Junior Procurement Analyst to support our procurement and sourcing functions. In this role, you will assist in collecting and analyzing purchasing data, preparing supplier evaluations, supporting RFQ / RFP processes, and maintaining procurement records. You will work closely with the procurement team to ensure data accuracy, vendor compliance, and timely reporting.This is an ideal opportunity for a recent graduate or early-career professional eager to grow in the field of supply chain and procurement analytics.

Responsibilities

Data Analysis & Reporting

  • Analyze procurement data to identify trends, cost-saving opportunities, and process inefficiencies.
  • Develop and maintain dashboards, reports, and KPIs to support strategic purchasing decisions.

Spend Analysis

  • Track and analyze company spend across categories and suppliers.
  • Identify areas of high expenditure and opportunities for consolidation or negotiation.

    • Supplier Performance Evaluation

  • Monitor and evaluate vendor performance based on quality, cost, delivery, and compliance.
  • Provide data-driven recommendations for vendor selection, renewal, or replacement.

    • Market Research

  • Conduct research on market trends, pricing benchmarks, and new suppliers.
  • Support sourcing strategies based on market insights and business needs.

    • RFQ & RFP Support

  • Assist in preparing and evaluating Requests for Quotations (RFQs) and Requests for Proposals (RFPs).
  • Analyze quotation data and support decision-making for supplier selection.

    • Cost Optimization

  • Support procurement team in identifying and implementing cost reduction initiatives.
  • Analyze price variances and suggest improvements to purchasing strategies.

    • Contract and Compliance Monitoring

  • Track key contract terms, renewal dates, and compliance requirements.
  • Ensure procurement activities align with internal policies and legal standards.

    • Process Improvement

  • Recommend and support implementation of process improvements in procurement workflows.
  • Collaborate with cross-functional teams to enhance sourcing efficiency.

    • Tool and System Management

  • Work with procurement software / tools (e.g., ERP, Excel, Power BI) for data analysis and reporting.
  • Maintain accurate and up-to-date procurement records and databases.

    • Stakeholder Collaboration

  • Liaise with internal departments such as finance, operations, and legal to align procurement goals.
  • Support procurement leadership with data insights and strategic input.

    • Skills Required

  • Ability to analyze procurement data to identify trends, cost-saving opportunities, and performance gaps.
  • Skilled in using Excel functions like pivot tables, VLOOKUP, and formulas to manage and visualize procurement data.
  • Strong understanding of sourcing, vendor evaluation, RFQs / RFPs, and contract management.
  • Effective in collaborating with vendors and internal teams, and presenting insights clearly to support decisions.

    • Qualifications

    Bachelor's degree in any of the following fields :

  • Business Administration / Commerce / Supply Chain Management / Economics / Engineering (for technical procurement roles) / Finance or Accounting (preferred for data - focused roles).

    • Experience : 1 Year

    Location : Thiruvananthapuram

    Skills : procurement,rfp,excel

    Skills Required

    Power Bi, Rfq, Rfp, Excel, Procurement, Erp

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    Procurement Analyst • Thiruvananthapuram, Thiruvananthapuram / Trivandrum, India

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