Knowledge Analyst - Procurement

McKinsey & Company; Gurugram District; On-site; INR 1,800,000 - 2,800,000; Full time

Job summary

McKinsey & Company in India seeks a procurement specialist to join our Gurugram/Chennai hub. You will drive workstreams for categories, develop procurement knowledge, and support client engagements with spend analysis and sourcing strategies.

The role requires 3+ years in procurement consulting, strong analytical and communication skills, and willingness to travel >70% of the time. MBA is a plus; advanced Excel skills are essential.

Qualifications

• Bachelor’s in engineering/technology required; master's degree preferred. An MBA from a business school with a specialization in operations will be an added advantage
• 3+ years of relevant industry/consulting experience in procurement
• Strong understanding of purchasing, sourcing, supplier identification and management, vendor development, costing etc.
• Solid problem-solving capabilities, including the ability to disaggregate issues, identify root causes and recommend solutions
• Excellent analytical skills and ability to understand the relevant analysis required to prove a hypothesis and ability to gather information around it and make informed/logical assumptions where required
• Basic understanding of research techniques, information sources, and statistical analysis/analytic techniques relevant to purchasing and operations
• Good business knowledge and solid understanding of economic, financial, and general business concepts and terminology
• Strong proficiency in Excel, Word, PowerPoint, and relevant analytics/statistical packages
• Knowledge/experience on e-procurement tools – spend analysis tools, RFQ tools, should costing/zero based costing, eAuctions, etc. will be added advantage
• Strong interpersonal skills, good team player
• Strong written & verbal communications skills

Responsibilities

• Drive a workstream for specific categories within client engagements, often under guidance of content experts
• Provide support to Client Service Teams delivering key insights on spend analysis, TCO, contract analysis, supplier identification, savings ideas, and sourcing strategy
• Support client proposals and other client development activities and bring relevant knowledge and capabilities to clients
• Extensive travel to client locations for >70% time within or outside India

Skills

Analytical skills

Interpersonal skills

Communication skills

Team player

Problem-solving

Education

Bachelor’s in engineering/technology

MBA with operations specialization

Tools

Excel

Word

PowerPoint

Analytics packages

RFQ tools

Spend analysis tools

Zero-based costing

Job description

Who You'll Work With

Driving lasting impact and building long-term capabilities with our clients is not easy work. You are the kind of person who thrives in a high performance/high reward culture - doing hard things, picking yourself up when you stumble, and having the resilience to try another way forward.

In return for your drive, determination, and curiosity, we'll provide the resources, mentorship, and opportunities you need to become a stronger leader faster than you ever thought possible. Your colleagues—at all levels—will invest deeply in your development, just as much as they invest in delivering exceptional results for clients. Every day, you'll receive apprenticeship, coaching, and exposure that will accelerate your growth in ways you won't find anywhere else.

When you join us, you will have:

• Continuous learning: Our learning and apprenticeship culture, backed by structured programs, is all about helping you grow while creating an environment where feedback is clear, actionable, and focused on your development. The real magic happens when you take the input from others to heart and embrace the fast-paced learning experience, owning your journey.
• A voice that matters: From day one, we value your ideas and contributions. You’ll make a tangible impact by offering innovative ideas and practical solutions, all while upholding our unwavering commitment to ethics and integrity. We not only encourage diverse perspectives, but they are critical in driving us toward the best possible outcomes.
• Global community: With colleagues across 65+ countries and over 100 different nationalities, our firm’s diversity fuels creativity and helps us come up with the best solutions for our clients. Plus, you’ll have the opportunity to learn from exceptional colleagues with diverse backgrounds and experiences.
• World-class benefits: On top of a competitive salary (based on your location, experience, and skills), we provide a comprehensive benefits package to enable holistic well-being for you and your family.

Your Impact

You will be a core member of Procurement hub with responsibilities that range from working on client engagements by driving a workstream for specific categories, most often under guidance of other content experts and developing cutting edge knowledge related to procurement domain.

You will be providing support to Client Service Teams delivering key insights on content focused questions (spend analysis, TCO/Cleansheet costing, contract analysis, supplier identification, saving idea/lever identification, sourcing strategy, development, RFQ management and analysis, negotiation strategy development and tracking mechanism development).

You will also support client proposals and other client development activities and bring relevant knowledge and capabilities to clients. Your work requires extensive travel to client location for >70% time within or outside India.

You will be based in our Gurugram or Chennai office as part of our Procurement hub.

Procurement is a rapidly growing service line that helps organizations build competitive advantages through the development of world-class purchasing and supply management capabilities. Sustainable impact is our focus and how we measure our success. We focus on end-to-end optimization that looks at total value capture, including strategic sourcing, global sourcing, supplier collaboration & innovation, procure-to-pay, organization design, and capability building.

Our client engagements span most industry sectors with a concentration in Automotive and Assembly, Basic Materials, Consumer Goods, Retail, Pharma, and Travel Transport & Logistics. We have completed over 2,300 Procurement engagements across the globe and in all industries in the last 5 years.

Your Qualifications and Skills

• Bachelor’s in engineering/technology required; master's degree preferred. An MBA from a business school with a specialization in operations will be an added advantage
• 3+ years of relevant industry/consulting experience in procurement
• Strong understanding of purchasing, sourcing, supplier identification and management, vendor development, costing etc.
• Solid problem-solving capabilities, including the ability to disaggregate issues, identify root causes and recommend solutions
• Excellent analytical skills and ability to understand the relevant analysis required to prove a hypothesis and ability to gather information around it and make informed/logical assumptions where required
• Basic understanding of research techniques, information sources, and statistical analysis/analytic techniques relevant to purchasing and operations
• Good business knowledge and solid understanding of economic, financial, and general business concepts and terminology
• Strong proficiency in Excel, Word, PowerPoint, and relevant analytics/statistical packages
• Knowledge/experience on e-procurement tools – spend analysis tools, RFQ tools, should costing/zero based costing, eAuctions, etc. will be added advantage
• Strong interpersonal skills, good team player
• Strong written & verbal communications skills