Procurement data analyst
In manufacturing, transport and retail, the efficiency of the procurement operation is key to the success and profitability of the business. Delays in delivery, excessive costs, overly complex supply chains and unreliable routes and carriers are just some of the factors that can add up to large outgoings and lost customers.
The procurement data analyst uses powerful analytic tools and their own experience in the field to monitor procurement data and to spot disadvantageous trends, bottlenecks and other evidence of poor performance and offer fixes for them through the use of data. The procurement analyst’s findings and recommendations will be used at board level to decide upon the choice of suppliers or to negotiate new deals that offer better value for money. Where optimum or excellent performance are identified, that data too can be fed back to amplify good practices.
The skills required
An analytical mindset will be a key component of the successful procurement data analyst
candidate, alongside a good working knowledge of the procurement landscape in the relevant sector. It’s likely that you’ll be using an array of analytical software, from big name ERPs to bespoke solutions, but in many cases your most important skill will be a deep working knowledge of Microsoft Excel and its many advanced functions.
Since your data and interpretation will be used to potentially make decisions worth millions, you’ll need to be able to identify and isolate the low hanging fruit as well as the more subtle improvements, and make compelling presentations about benefiting from it, while having the receipts in reserve to justify your decisions.
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Procurement data analyst jobs in your area
Are you a procurement data analyst who fits the bill, with the skills and experience top companies are looking for? Cast UK should be your first stop, as this is one of our specialist recruitment areas – one we’ve been working in since our founding days. Register your interest via the link below today.
If efficient procurement is important to your company and you need the best talent available, Cast UK can help you find great procurement analysts to take you to the next level. Just call us on 0333 121 3345 today and we can start looking for the candidate who meets all your requirements.