Procurement Analyst Chennai

Procurement Analyst Chennai

18 Sep
|
Recode Solutions
|
Chennai

18 Sep

Recode Solutions

Chennai

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 prospects 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 prospects 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.
Robust attention to detail and data accuracy.
Valuable communication and stakeholder-management skills.
Ability to work with multiple teams and manage competing priorities.
Solid commercial awareness and negotiation skills.
Ability to convert procurement data into meaningful business insights.

📌 Procurement Analyst Chennai
🏢 Recode Solutions
📍 Chennai

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