<p>We seek a diligent Procurement Analyst to support supplier management, analyse spend, and deliver measurable cost savings. The successful candidate will work closely with procurement teams and finance to optimise sourcing and ensure compliance. This role suits an analytical professional who can balance operational tasks with strategic insight.</p>
<h2>Procurement Analyst Job Profile</h2>
<p>The Procurement Analyst supports procurement operations by gathering data, monitoring supplier performance and identifying opportunities for cost reduction. They act as a central point for procurement reporting and process improvement.</p>
<p>Working within a busy procurement team, the analyst collaborates with buyers, finance and stakeholders to ensure purchasing activity is efficient, compliant and aligned with business objectives.</p>
<h2>Procurement Analyst Job Description</h2>
<p>A Procurement Analyst collects, consolidates and interprets procurement data to provide actionable intelligence. They produce regular reports on spend, savings, supplier performance and contract compliance. The role requires strong Excel skills, familiarity with procurement systems and an ability to translate numbers into recommendations for sourcing strategies and category management.</p>
<p>The analyst supports tender processes and supplier selection by preparing evaluation matrices, benchmarking offers and ensuring that procurement activity adheres to company policies and regulatory requirements. They monitor key performance indicators and assist in implementing supplier improvement plans and risk mitigation measures.</p>
<p>In addition, the Procurement Analyst liaises with cross-functional teams to align procurement plans with demand forecasts. They help maintain catalogue data, support purchase to pay workflows and assist in negotiations by providing cost and market intelligence. Continuous improvement and standardisation of procurement procedures form a core part of the role.</p>
<h2>Procurement Analyst Duties and Responsibilities</h2>
<ul>
<li>Analyse purchasing data to identify trends, savings and efficiency opportunities</li>
<li>Prepare and maintain procurement reports, dashboards and KPIs</li>
<li>Support tendering processes, supplier evaluation and onboarding</li>
<li>Monitor supplier performance and compliance with contracts</li>
<li>Work with procurement and finance to validate invoices and resolve discrepancies</li>
<li>Assist in contract management and renewals tracking</li>
<li>Provide market and cost analysis to inform sourcing strategies</li>
<li>Help implement procurement systems and process improvements</li>
<li>Maintain accurate master data for suppliers and items</li>
<li>Identify and escalate supply chain or supplier risks</li>
<li>Support cross-functional stakeholders with procurement queries</li>
<li>Contribute to supplier development and cost reduction initiatives</li>
</ul>
<h2>Procurement Analyst Requirements and Qualifications</h2>
<ul>
<li>Bachelor's degree in business, supply chain, finance or related discipline</li>
<li>Proven experience in procurement, sourcing or spend analysis</li>
<li>Strong analytical skills and advanced Excel capability</li>
<li>Familiarity with eProcurement, ERP or spend analysis tools</li>
<li>Understanding of contract terms, procurement law and compliance</li>
<li>Excellent communication and stakeholder management skills</li>
<li>Attention to detail and ability to manage competing priorities</li>
<li>Ability to present data and recommendations clearly to senior stakeholders</li>
<li>Experience with supplier performance measurement and KPIs</li>
<li>Knowledge of strategic sourcing and category management techniques</li>
<li>Professional attitude, collaborative approach and problem-solving skills</li>
</ul>