Procurement Analyst
1 month ago
This role can be based in any of our legal entity countries within Europe.
We are seeking a detail-oriented and analytical Procurement Analyst to join our growing procurement team, led by our new Chief Procurement Officer (CPO), and will report into a member of the newly created Procurement Leadership team.
The ideal candidate will have a background in spend data analysis and procurement processes. As a Procurement Analyst, you will be responsible for analysing procurement data, identifying trends, and providing insights that will drive cost savings, efficiency improvements, and strategic decision-making. You will work closely across the Procurement Leadership Team, and wider Procurement team to support and drive the functions objectives.
Data Analysis: Collect, analyse, and interpret procurement data to identify trends and opportunities for improvement. Spend Analysis: Conduct spend analysis to track and report on procurement spend, ensuring alignment with wider Procurement team. Supplier Performance: Support the develop of supplier performance modules in order for IFS Group to enhance the way we interact and manage supply base. Market Research: Conduct market data research to support sourcing decisions, including identifying potential suppliers and benchmarking pricing. Reporting: Develop and maintain regular reports on key procurement metrics, providing insights and recommendations to Procurement Leadership. Process Improvement: Identify and recommend improvements to procurement processes, leveraging data to streamline operations and enhance efficiency. Compliance Monitoring: Ensure procurement activities comply with internal policies, regulatory requirements, and industry best practices. Stakeholder Collaboration: Work closely with procurement team members and other departments to gather data, understand business needs, and support procurement initiatives. Technology Utilisation: Utilise procurement software and tools to manage data, generate reports, and enhance procurement processes.
Qualifications
2-3 years of experience in procurement, supply chain, or data analyst roles. Strong analytical skills with experience in data analysis and reporting. Proficiency in excel, data analysis tools, and procurement software Excellent attention to detail and the ability to work with large datasets. Strong communication and interpersonal skills, with the ability to present findings and recommendations clearly. Knowledge of procurement processes, supplier management, and market research. Ability to work independently and as part of a team, with strong organisational and time-management skills.
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