Procurement Analyst

Randstad; Mumbai; On-site; INR 900,000 - 1,300,000; Full time

Job summary

Randstad India is seeking a Procurement Analyst in Mumbai to act as the interface between Marketing and Procurement, ensuring efficient sourcing, contracting and stakeholder alignment across marketing categories. You will drive end-to-end procurement across agencies, media, and related services, conduct spend analysis using Excel, and work with Legal and Finance to maintain compliant contracts.

The role requires strong analytical ability and excellent communication.

Qualifications

• ~3 years of procurement experience, preferably marketing or indirect categories.
• Hands-on experience in sourcing and contracting is mandatory.
• Strong analytical skills with ability to work with large datasets.
• Advanced proficiency in Excel (pivot tables, VLOOKUP/XLOOKUP, data analysis).
• Excellent verbal and written communication and stakeholder management.

Responsibilities

• Manage end-to-end procurement across marketing spend categories.
• Drive RFQs/RFPs, supplier evaluations, negotiations, onboarding.
• Prepare, review, and finalize contracts in coordination with legal and internal stakeholders.
• Conduct spend analysis, price benchmarking, and supplier performance evaluations.
• Ensure adherence to procurement processes and governance standards.

Skills

Analytical skills

Sourcing & contracting

Communication skills

Stakeholder management

Excel data analysis

Tools

Microsoft Excel

Job description

JobDescription: Procurement Analyst

Position Overview

The Marketing Procurement Analyst will act as the dedicated interface between the Marketing function and Procurement, ensuring efficient sourcing, contracting, and stakeholder alignment across all marketing-related categories.The role requiresstrong analytical ability, attention to detail, and excellent communication skills tomanage multiple stakeholders and deliver cost-effective, compliant procurementoutcomes.

Key Responsibilities

Category Management

• • Manage end-to-end procurement activities across marketing-related spend categories:
• o Marketing agencies (creative, ATL/BTL, digital, PR, etc.)
• o Sales & distribution support services
• o Media buying (offline and online)
• o Digital marketing and influencer partnerships
• o POSM (Point of Sale Materials)
• o Market research and insights
• • Support category strategy development, supplier consolidation, and cost optimization initiatives.

Sourcing & Contracting

• • Drive RFQs/RFPs, supplier evaluations, negotiations, and vendor onboarding.
• • Prepare, review, and finalize contracts in coordination with legal and internal stakeholders.
• • Ensure compliance with procurement policies and governance standards.
• • Maintain contract trackers, benchmarks, and supplier databases.

Stakeholder Management

• • Act as SPOC for Marketing team and liaise with Procurement, Legal, Finance, and other internal stakeholders.
• • Understand business requirements and translate them into sourcing solutions.
• • Manage expectations, timelines, and approvals effectively.
• • Build strong relationships with both internal stakeholders and external vendors.

Analytical & Reporting

• • Conduct spend analysis, price benchmarking, and supplier performance evaluations.
• • Use Excel and data tools to generate insights, dashboards, and cost-saving reports.
• • Track savings, compliance, and procurement KPIs.
• • Prepare management reports and presentations with clear data-driven insights

Process & Governance

• • Ensure adherence to procurement processes, audit requirements, and company guidelines.
• • Support supplier performance management and periodic reviews.
• • Drive transparency and efficiency in procurement operations.

Required Skills & Experience

Experience

• • ~3 years of experience in procurement (preferably marketing/procurement or indirect categories).
• • Hands-on experience in sourcing and contracting is mandatory.
• Technical Skills
• • Strong analytical skills with ability to work with numbers and large datasets.
• • Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP/XLOOKUP, data analysis).
• • Exposure to contract drafting, negotiation, and commercial structuring.
• Soft Skills
• • Excellent verbal and written communication skills.
• • Strong stakeholder management and influencing skills.
• • High attention to detail and structured thinking.
• • Ability to work independently in a fast-paced environment.