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Procurement Analyst
2 months ago
Avasant is seeking a highly skilled Procurement and Contract Management Expert to join our team. As a key member of our Contract and Sourcing (C&SG) department, you will be responsible for supporting procurement activities through data-driven analysis, sourcing support, contract management, and risk assessment.
The ideal candidate will have strong analytical skills, attention to detail, and the ability to work collaboratively across departments. You will be responsible for optimizing the procurement of services and software by collecting, cleansing, and analyzing data to ensure efficient and cost-effective procurement processes.
Key Responsibilities- Contracting:
- Assist in the review and management of contracts for services and software purchases
- Analyze contract terms, including software licensing agreements, to ensure alignment with organizational objectives
- Support negotiations by providing data-driven insights on pricing, terms, and supplier performance
- Sourcing:
- Conduct market research to identify and evaluate potential service and software suppliers
- Assist in the development of sourcing strategies to optimize costs and improve supplier performance, focusing on service and software categories
- Collaborate with IT, legal, and other departments to ensure alignment of sourcing activities with business needs
- BI Analytics:
- Develop and maintain procurement dashboards using business intelligence tools, focusing on software and service spend
- Provide actionable insights based on procurement data to support strategic decision-making
- Identify trends, risks, and opportunities through data analysis and present findings to stakeholders
- Spend Analysis, Data Cleansing, and Data Collection:
- Collect, cleanse, and analyze procurement data specifically related to services and software purchases
- Perform spend analysis to identify cost-saving opportunities and areas for improvement in software licensing and service contracts
- Maintain procurement databases and ensure data integrity with a focus on software asset management
- Risk Management:
- Facilitate data collection, cleansing, and reporting for risk management activities related to services and software procurement
- Assist in the identification and assessment of risks, particularly in software compliance and service delivery
- Support the development of mitigation strategies to address identified risks, including those associated with software licensing
- Segmentation Support:
- Collect, validate, and report on segmentation data to support procurement strategies, particularly for software and services
- Assist in developing supplier segmentation models based on spend, risk, and performance criteria
- Provide analytical support for segmentation initiatives, focusing on optimizing supplier relationships in the service and software categories
- Bachelor's degree in Supply Chain Management, Business Administration, Finance, or a related field
- 2-4 years of experience in procurement, supply chain, or a related analytical role, with a focus on services and software
- Proficiency in data analysis tools (e.g., Excel, Power BI, SQL) and software asset management
- Strong analytical and problem-solving skills
- Excellent communication and interpersonal skills
- Knowledge of procurement processes, contract management, and risk assessment, specifically in services and software
- Attention to detail and ability to manage multiple priorities
- Competitive salaries based on education and experience
- International exposure and a chance to work with global clients including some of the largest multinationals
- Training and mentoring on latest business and sector practices based on market requirements
- Opportunity to work with and learn from an international team of industry specialists
- Full/Partial funding of industry certifications and skill development programs
- Dynamic and multicultural work environment
- Leadership opportunities
- Paid time off and holidays
- Communication and connectivity reimbursements