Procurement Analyst

Aspen Technology, Inc.; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

AspenTech in Bengaluru, India seeks a procurement professional to lead sourcing events, negotiate terms with suppliers, and manage the end-to-end procure-to-pay lifecycle. You will coordinate with accounts payable and internal stakeholders to ensure on-time delivery and data accuracy in ERP systems.

The role requires 3–5 years of procurement experience, strong negotiation and analytical skills, and proficiency with ERP tools like Oracle, SAP, or JDE.

Qualifications

• Bachelor’s degree in supply chain, business, finance, engineering, or related field.
• 3–5 years of procurement, sourcing, or supply chain experience.
• Experience supporting project-based or operational procurement activities.
• Strong negotiation and commercial acumen.
• Analytical mindset with the ability to interpret data and generate insights.
• Effective communication and stakeholder management skills.
• Strong organizational and prioritization abilities.
• Problem-solving and decision-making capability.
• Ability to operate in a fast-paced, global environment.
• Experience with ERP systems (Oracle, SAP, JDE, etc.).

Responsibilities

• Lead competitive sourcing events including RFQs, bid analysis, and supplier selection.
• Negotiate pricing, commercial terms, and delivery conditions with suppliers.
• Develop purchase orders, contracts, and service agreements aligned with project and business requirements.
• Ensure compliance with procurement policies, DOA, and governance standards.
• Execute and manage the full procure-to-pay lifecycle from requisition to PO closure.
• Monitor order status, expedite deliveries, and proactively manage schedule impacts.
• Manage purchase order changes, deviations, and supplier acknowledgments.
• Coordinate with Accounts Payable to resolve invoice discrepancies.
• Maintain accurate procurement data within ERP systems.
• Serve as a primary point of contact for supplier and internal customer communications.

Skills

Negotiation

Analytical mindset

Communication

Organization

Problem solving

ERP systems

Excel

Data visualization tools

Education

Bachelor’s degree in supply chain, business, finance, engineering, or related

Tools

Oracle ERP

SAP ERP

JDE

Source-to-Pay tools

Job description

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

The Role

• Lead competitive sourcing events including RFQs, bid analysis, and supplier selection.
• Negotiate pricing, commercial terms, and delivery conditions with suppliers.
• Develop purchase orders, contracts, and service agreements aligned with project and business requirements.
• Ensure compliance with procurement policies, delegated authority (DOA), and governance standards.
• Execute and manage the full procure-to-pay lifecycle from requisition to purchase order closure.
• Monitor order status, expedite deliveries, and proactively manage schedule impacts.
• Manage purchase order changes, deviations, and supplier acknowledgments.
• Coordinate with Accounts Payable to resolve invoice discrepancies.
• Maintain accurate and complete procurement data within ERP systems.
• Serve as a primary point of contact for supplier and internal customer communications.
• Build strong relationships with stakeholders to understand requirements and ensure service levels.
• Support supplier performance monitoring and continuous improvement initiatives.
• Collaborate with cross-functional teams, including logistics, finance, and project management.
• Track deliveries and proactively communicate updates to stakeholders.
• Support inspection, receiving, and reconciliation processes.
• Develop and maintain procurement reports and dashboards.
• Analyze spend data, supplier performance, and operational metrics.
• Identify opportunities for cost savings, efficiency improvements, and process optimization.
• Identify and elevate procurement risks and supply chain issues.
• Ensure compliance with company policies, ethics standards, and regulatory requirements.
• Support process improvement initiatives and procurement best practices.
• Contribute to cost reduction and value creation initiatives.

What You'll Need

• Bachelor’s degree in supply chain, Business, Finance, Engineering, or related field.
• 3–5 years of procurement, sourcing, or supply chain experience.
• Experience supporting project-based or operational procurement activities.
• Strong negotiation and commercial acumen.
• Analytical mindset with the ability to interpret data and generate insights.
• Effective communication and stakeholder management skills.
• Strong organizational and prioritization abilities.
• Problem-solving and decision-making capability.
• Ability to operate in a fast‑paced, global environment.
• Experience with ERP systems (Oracle, SAP, JDE, etc.).
• Familiarity with procurement or source-to-pay tools preferred.
• Proficiency in Microsoft Office, especially Excel.
• Experience with reporting or data visualization tools is an asset.

• Purchase Order cycle time from requisition to PO issuance.
• Number of purchase orders processed monthly or annually.
• On-time delivery rate of goods and services.
• Cost savings and cost avoidance achieved through sourcing activities.
• Participation in supplier performance evaluation and improvement initiatives.
• Internal customer satisfaction and responsiveness.
• Adherence to procurement policies and delegated authority requirements.

AspenTech is a global software leader helping industries meet the increasing demand for resources from a rapidly growing population in a profitable and sustainable manner. Our Digital Grid Management software suite, including AspenTech OSI products, helps power and utilities companies achieve superior real‑time control, optimization and management for exceptional performance of complex energy networks. If you're looking to make a difference every day and push the limits of performance, AspenTech is doing things no one else thought was possible. As a leading industrial software partner, we help companies all over the world run safer, greener, longer and faster. With over 3700 employees and more than 60 global locations, AspenTech is meeting today's sustainability and business challenges head‑on with unmatched expertise, cutting‑edge AI‑powered technology and a passion to innovate.

AspenTech is an Equal Opportunity/Affirmative Action employer. AspenTech does not discriminate against employees or applicants on the basis of age, race, color, religion, creed, ancestry, sex, sexual orientation, gender identity or expression, pregnancy or related conditions, marital status, familial status, national origin, disability, medical condition, genetic information, citizenship, military service or protected Veteran Status or any other basis protected by applicable federal, state, or local law.

Reasonable Accommodation: We will provide reasonable accommodations to qualified individuals who have a disability or sincere religious reasons to request accommodation, when necessary to enable the individual to participate in the job application or interview process. If you wish to request an accommodation, please contact us at [e-mail].

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AspenTech Security and Privacy Policy Plan Participants Enrolled in the AspenTech US Medical Plans: The Transparency in Coverage Final Rules require certain group health plans to disclose on a public website information regarding in-network provider rates and historical out‑of‑network allowed amounts and billed charges for covered items and services in two separate machine‑readable files (MRF’s). The MRF’s for the benefit package options under AspenTech’s US Employee Benefit Plan are linked below: Transparency in Coverage Rule - Machine Readable Files Transparency In Coverage Rule And Consolidated Appropriations Act Overview and FAQS