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Open nowPosted 47 days ago

Procurement Analyst

Recode Solutions12 open roles

Where
Chennai, Tamil Nadu, India
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Your applicationOpen nowProcurement AnalystRecode Solutions · Chennai, Tamil Nadu, India

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The clock on this job

Early applications get read.

11.5% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.0%1 day
  2. 4.3%3 days
  3. 11.5%7 days
  4. 18.1%14 days
  5. 35.6%30 days
  6. 44.6%60 days
This job: posted 47 days ago

The posting

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.

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