Procurement Analyst

Job Summary

The Procurement Analyst is responsible for analysing the procurement processes to ensure efficiency, cost-effectiveness, and compliance with company policies and regulations. This role involves evaluating suppliers, negotiating contracts, and monitoring market trends to make strategic purchasing decisions

Key Responsibilities:

• Data Analysis: Analyze procurement data to identify trends, cost-saving opportunities, and areas for improvement in Office 365.
• Supplier Evaluation: Assess and evaluate suppliers based on quality, cost, and delivery capabilities to ensure the best value for the company. Assist in the due diligence process for suppliers in Ariba and managing the administration of the “Source to Contract” process in Ariba.
• Contract Management: Assist in negotiating and managing contracts with suppliers to secure favourable terms and conditions.
• Market Research: Assisting the Procurement Manager undertake market research to stay informed about industry trends, pricing fluctuations, and new product developments.
• Cost Management: Develop strategies to reduce procurement costs and improve the overall efficiency of the supply chain.
• Performance Reporting: Prepare reports on procurement activities, including spend & saving analysis, supplier performance, and Risk & compliance metrics.
• Collaboration: Work closely with internal departments such as finance, key stakeholders, and operations, to align procurement strategies with business objectives and requests.
• Compliance: Ensure all procurement activities adhere to company policies and legal regulations.
• Process Improvement: Identify and implement process improvements to enhance the procurement function.

Qualifications:

• Education: Bachelor’s degree in Business Administration, Supply Chain Management, Finance, or a related field.
• Experience: Previous experience in procurement, sourcing(buying) process, supply chain management, or a related field is preferred.
• Skills: Strong analytical and problem-solving skills, excellent communication and negotiation abilities, proficiency in procurement software and tools, and a keen attention to detail.
• Knowledge of SAP and Ariba.

74170 | Procurement | Professional | PG07 | Allianz Partners | Full-Time | Permanent

Allianz Group is one of the most trusted insurance and asset management companies in the world. Caring for our employees, their ambitions, dreams and challenges, is what makes us a unique employer. Together we can build an environment where everyone feels empowered and has the confidence to explore, to grow and to shape a better future for our customers and the world around us. 

At Allianz, we stand for unity: we believe that a united world is a more prosperous world, and we are dedicated to consistently advocating for equal opportunities for all. And the foundation for this is our inclusive workplace, where people and performance both matter, and nurtures a culture grounded in integrity, fairness, inclusion and trust. 

We therefore welcome applications regardless of ethnicity or cultural background, age, gender, nationality, religion, social class, disability or sexual orientation, or any other characteristics protected under applicable local laws and regulations. 

Great to have you on board. Let's care for tomorrow.