Procurement Analyst (Chennai)

Procurement Analyst (Chennai)

12 Sep
|
Recode Solutions
|
Chennai

12 Sep

Recode Solutions

Chennai

Job Information

- Date Opened 09/05/2026

- Job Type Full time

- Domain Procurement

- City Chennai

- State/Province Tamil Nadu

- Country India

- Zip/Postal Code 600097

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.

Requirements

- 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.

- Robust commercial awareness and negotiation skills.

- Ability to convert procurement data into meaningful business insights.

📌 Procurement Analyst (Chennai)
🏢 Recode Solutions
📍 Chennai

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