Procurement Analyst

Procurement Analyst Location: Atlanta, GA (Remote) Years of Experience: 5 - 7 Position Summary: The Procurement Analyst specializes in conducting in-depth research and analysis of procurement-related data to support strategic decision-making and operational efficiency. This role involves gathering and evaluating data from various sources, including supplier performance metrics, market trends, inventory levels, and financial indicators. The Procurement Analyst collaborates with the procurement team to identify cost‑saving opportunities, assess supplier capabilities, manage procurement risks, and drive continuous improvement in the procurement process. Key Responsibilities Creating and maintaining procurement reports and dashboards Analyzing spend data and identifying cost‑saving opportunities Monitoring and evaluating supplier performance and compliance Conducting market research to identify potential suppliers and trends Assisting in contract negotiations and drafting procurement agreements Supporting the procurement team in supplier relationship management Participating in cross‑functional meetings to align procurement strategies with organizational goals Collaborating with finance teams to ensure procurement activities align with budgetary constraints Using procurement software and tools to streamline processes and enhance data analysis Evaluating and recommending improvements to procurement policies and procedures Required and Desired Skills Data analysis and interpretation Market research and supplier evaluation Sourcing and procurement strategy development Supplier relationship management Financial analysis and budgeting Contract management and negotiation Proficiency in procurement software and tools Advanced Microsoft Excel skills Strong problem‑solving and critical‑thinking abilities Excellent written and verbal communication Attention to detail and accuracy Ability to work collaboratively in cross‑functional teams Understanding of procurement regulations and best practices Required Education Supply Chain Management Business Administration Economics Finance Operations Research Statistics Procurement Analyst Daily Activities Conducting data analysis on supplier performance, spend data, and market trends Preparing reports and presentations to communicate findings and recommendations to the procurement team and stakeholders Participating in meetings with suppliers and internal teams to discuss contract terms, performance, and strategic initiatives Collaborating with finance teams to align procurement activities with budget constraints Researching potential suppliers and conducting supplier evaluations Reviewing and negotiating procurement contracts Interacting with procurement software and tools to streamline processes and enhance data analysis Responding to ad‑hoc data requests from the procurement team and other departments Staying updated on industry trends and best practices in procurement and supply chain management #J-18808-Ljbffr Futran Tech Solutions Pvt. Ltd.