Purchasing analyst

Job Description

JOB SUMMARY

The Procurement/ Purchasing Analyst is responsible for analyzing procurement data, evaluating supplier performance, and ensuring cost-effective procurement practices. The role involves identifying purchasing trends, optimizing procurement strategies, and ensuring compliance with company policies and standards to support operational needs efficiently.

Duties & Responsibilities:

• Ensure cost-effective purchasing decisions by analyzing procurement data and identifying cost-saving opportunities.
• Support procurement planning by preparing and evaluating purchase requests and ensuring alignment with budget and operational requirements.
• Monitor supplier performance by tracking delivery timelines, product quality, and compliance with agreed terms.
• Optimize supplier relationships by assessing vendor reliability and recommending improvements to contracts and agreements.
• Ensure timely procurement processes by coordinating with suppliers and internal departments to address order delays and discrepancies.
• Evaluate market trends and pricing data by conducting research and benchmarking to identify competitive sourcing options.
• Enhance procurement strategies by developing and maintaining databases and reports on procurement activities.
• Ensure compliance with company policies by reviewing procurement documents and verifying adherence to standards and guidelines.
• Support audit processes by maintaining accurate records and providing necessary documentation related to procurement activities.
• Collaborate with stakeholders by providing procurement insights and recommendations to support strategic decision-making.
• Contribute to achieving departmental objectives by performing additional duties as assigned.

Qualifications/Requirements

Proficiency in procurement software and MS Office, data analysis, market research, knowledge of procurement laws and practices

Years of Related Experience: At least 2–4 years of experience in procurement, supply chain, or related roles

Work location

MABALACAT, PAMPANGA

Remarks

No additional remarks

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