Position Title: Procurement Analyst
Purpose and Scope of Position:
The Procurement Analyst is responsible for analyzing procurement data and market trends to support strategic sourcing and purchasing decisions for engineering and construction projects. This role involves working closely with procurement teams and other stakeholders to ensure efficient and cost-effective procurement processes.
Experience:
- Minimum of 3-5 years of experience in procurement analysis or a related field, preferably in the EPCM (Engineering, Procurement, Construction, and Management) industry.
- Experience with data analysis and reporting tools (e.g., Excel, Power BI, SAP).
Qualifications:
- Postgraduate or Graduate in an Engineering discipline.
- Related training in Contracts/Legal as well as general Project and Management training.
Key Responsibilities:
- Develops and maintains dashboards and reports to provide insights into procurement activities and performance.
- Identifies opportunities for cost savings and process improvements based on data analysis.
- Monitors market conditions and pricing trends to forecast future procurement needs and challenges.
- Tracks and evaluates supplier performance using key performance indicators (KPIs).
- Supports initiatives to automate and streamline procurement activities.
- Provides analytical support to procurement teams during supplier negotiations and contract renewals.
- Ensures procurement activities comply with company policies, industry regulations, and legal requirements.
