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Procurement Analyst

Aspen Technology
Bengaluru, IND
Full-time
Mid-Senior
Onsite
Discovered 1 months ago
Competitive sourcingRFQs and bid analysisSupplier selection and managementNegotiationProcure-to-pay lifecycleERP systems

Full Job Posting

The Role

The Procurement Analyst supports sourcing, purchasing, supplier management, procure-to-pay operations, reporting, and process improvement.

The role collaborates with logistics, finance, project management, suppliers, and internal customers.

Your Impact

  • Lead competitive sourcing events, including RFQs, bid analysis, and supplier selection.
  • Negotiate pricing, commercial terms, and delivery conditions with suppliers.
  • Develop purchase orders, contracts, and service agreements aligned with business requirements.
  • Manage the procure-to-pay lifecycle from requisition to purchase order closure.
  • Monitor orders, expedite deliveries, and manage purchase order changes and deviations.
  • Resolve invoice discrepancies with Accounts Payable and maintain accurate ERP procurement data.
  • Monitor supplier performance, stakeholder service levels, deliveries, receiving, and reconciliation.
  • Develop procurement reports and dashboards and analyze spend, supplier performance, and operational metrics.
  • Identify cost savings, efficiency improvements, procurement risks, and supply chain issues.
  • Support procurement best practices, process improvements, cost reduction, and value creation.

What You'll Need

  • Bachelor's degree in supply chain, business, finance, engineering, or a related field.
  • Three to five years of procurement, sourcing, or supply chain experience.
  • Experience supporting project-based or operational procurement activities.
  • Strong negotiation, commercial acumen, analytical, communication, stakeholder management, organizational, and prioritization skills.
  • Problem-solving and decision-making capability in a fast-paced, global environment.
  • Experience with ERP systems such as Oracle, SAP, or JDE.
  • Proficiency in Microsoft Office, especially Excel.
  • Familiarity with procurement or source-to-pay tools is preferred.
  • Experience with reporting or data visualization tools is an asset.

Procurement Performance Measures

Relevant measures include purchase order cycle time, purchase order volumes, on-time delivery, sourcing savings and cost avoidance, supplier improvement participation, customer satisfaction, and policy adherence.

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