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.
Procurement data analyst Jobs in the East Midlands
Comprising counties like Nottinghamshire, Derbyshire, Northamptonshire, Leicestershire and Lincolnshire, the East Midlands is a wonderful choice for those seeking Procurement data analyst vacancies.
During the 17th and 18th centuries, many scientific discoveries were made in the East Midlands. It was a pivotal place for the Industrial Revolution, being home to what many call the first modern factory - John Smedley's textile production facility at Lea Bridge, which was opened in 1794.
Some of the earliest military tanks were manufactured in Lincoln, while jet engines were also developed in the region - with the first jet aircraft flying from RAF Cranwell in 1941.
Meanwhile, Derby was home to a Rolls-Royce factory that produced Merlin aero-engines until 1950, as well as a railway works. The Corby Steelworks in Northamptonshire was one of the largest facilities of its type in the middle of the 20th century.
Today, manufacturing is still a major part of the economy of the East Midlands. A number of big-name firms operate in the region, including Rolls-Royce, Siemens, Triumph Motorcycles, Toyota, Caterpillar and LaFarge Aggregates. There's also Mercedes AMG High Performance Powertrains, which builds Formula One engines in Brixworth.
What's more, Bombardier Transportation in Derby produces new rolling stock for London Underground, and is the only remaining train manufacturer in the UK - it also builds Turbo Star and ElectroStar overground units.
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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.
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