SAEL - Strategy Analyst - Procurement

About the Role :

- We are looking for a highly analytical and detail-oriented Strategy Analyst Procurement to support strategic sourcing, procurement analytics, cost optimization, and vendor management initiatives across procurement categories.

- The ideal candidate should possess strong analytical, commercial, and stakeholder management skills with the ability to work closely with procurement, finance, engineering, and operations teams to drive data-backed sourcing and procurement decisions.

- This role will focus on procurement strategy, spend analytics, cost-saving opportunities, vendor evaluation, and procurement process optimization to improve operational efficiency and commercial outcomes.

Key Responsibilities :

Procurement Strategy & Cost Optimization :

- Support procurement strategy initiatives across direct and indirect procurement categories.

Identify opportunities for:

- Cost optimization

- Spend rationalization

- Vendor consolidation

- Value engineering

- Analyze procurement spend patterns and pricing trends to recommend cost-saving initiatives.

- Assist in developing and tracking procurement savings and efficiency metrics.

Strategic Sourcing Support :

- Support RFQ/RFP processes and procurement sourcing activities.

- Conduct market research, pricing analysis, and supplier benchmarking exercises.

- Assist procurement teams during commercial negotiations and vendor discussions.

- Evaluate supplier quotations, commercial terms, and sourcing proposals.

Vendor & Supplier Analysis :

- Support vendor onboarding, evaluation, and commercial assessment activities.

- Maintain supplier databases and vendor performance tracking reports.

- Analyze supplier competitiveness, pricing trends, and sourcing alternatives.

- Assist in preparing vendor review and procurement performance reports.

Data Analytics & Reporting :

Prepare procurement MIS reports, dashboards, and spend analysis reports.

Track procurement KPIs including :

- Cost savings

- Vendor performance

- Procurement cycle times

- Spend trends

- Generate actionable insights for procurement and leadership teams using data analysis.

Cross-functional Coordination :

Collaborate with :

- Procurement Teams

- Finance

- Engineering

- Operations

- To support sourcing and cost optimization initiatives.

- Coordinate with internal stakeholders to gather procurement requirements and support sourcing decisions.

Process Improvement & Governance :

- Support procurement process standardization and improvement initiatives.

- Ensure procurement activities align with company policies and approval frameworks.

- Assist in maintaining procurement documentation and audit readiness.

Required Skills & Qualifications :

Bachelors degree in :

- Engineering

- Supply Chain

- Commerce

- Business Administration

- Economics

3-6 years of experience in :

- Procurement Analytics

- Strategic Sourcing

- Commercial Analysis

- Procurement Operations

- Strong analytical and problem-solving skills.

Good understanding of :

- Procurement processes

- Vendor management

- Strategic sourcing

- Cost optimization

- Experience working with procurement data, commercial analysis, and reporting.

- Strong communication and stakeholder coordination skills.

- Proficiency in MS Excel, PowerPoint, and reporting tools.

Technical Skills :

- Advanced MS Excel

- Power BI / Tableau (preferred)

- ERP Systems (SAP / Oracle / Ariba preferred)

- Procurement MIS & Reporting

- Spend Analytics

- Data Analysis & Dashboarding