Procurement Practice Analyst

Accenture; Gurugram District; On-site; INR 800,000 - 1,200,000; Full time

Job summary

A leading consulting firm is seeking a Procurement Practice Analyst based in Gurugram. This role involves sourcing suppliers, negotiating contracts, and ensuring procurement processes align with corporate policies. The ideal candidate will have 3 to 5 years of experience, strong analytical and negotiation skills, and proficiency in MS Excel. Join a dynamic team focused on maximizing customer value while managing supplier relationships effectively.

Qualifications

• 3 to 5 years of experience in procurement or sourcing roles.
• Ability to draft and negotiate contracts with vendors.
• Expert knowledge of corporate procurement policies.

Responsibilities

• Collaborate with stakeholders to understand business needs.
• Lead negotiations for vendor agreements.
• Analyze existing contracts against business requirements.
• Coaching colleagues to improve team effectiveness.
• Ensure compliance with contract execution guidelines.

Skills

Sourcing and Procurement Strategy

Contract Negotiations

Analytical skills

Communication skills

Negotiation skills

MS Excel Skills

Teamwork

Education

Any Graduation

Job description

About The Role

Skill required: Sourcing - Sourcing

Designation: Procurement Practice Analyst

Qualifications: Any Graduation

Years of Experience: 3 to 5 years

Language - Ability: English (Domestic) - Expert

What would you do?

You will be part of a team of Global Sourcing and Procurement Service professionals where you will be responsible for sourcing third party suppliers according to corporate policies and procedures. You will thoroughly diagnose client business needs, collaborate with legal counsel, and support contract negotiations that maximize customer value while mitigating risk. You will be drafting and negotiating SOWs, Change Orders and similar Contract documents which incorporate all negotiated business terms to assist legal counsel in drafting documents which appropriately document agreed upon business terms such as deliverables, pricing, SLAs, specifications, etc. Generally involves independent judgment and analysis of significant issue identification and resolution. You will be working as a part of Procurement management team which uses a systematic approach for buying all the goods and services needed for a company to stay sustainable. They are involved in the identification of need, finding and qualifying the suppliers, requesting proposals, negotiating with suppliers, contracting, delivery and analyzing results. Understand when & how to use a request for proposal (price and non-price factors) and RFQ (price only) and how to develop, execute and analyze the results. Collect and analyze quantitative and qualitative information to assess, screen and select suppliers.

What are we looking for?

• Ability to draft documents which describe negotiated and agreed upon business terms with third party vendors to assist legal counsel in drafting final vendor agreements
• Comprehensive knowledge of typical corporate policies and procedures, coupled with ability to identify required improvement to established policies and to communicate implementation procedures to others
• Expert knowledge of purchasing contracting concepts and processes, including deep understanding of contract business terms and working knowledge of contract legal terms
• Strong analytical, collaboration and communication skills
• Use of independent judgment and creativity applied to resolution of contract issues
• Excellent internal and external negotiation skills
• Contract management
• Contract Negotiations
• Sourcing and Procurement Strategy
• Procurement Operations
• Procurement Management
• Ability to perform under pressure
• Ability to work well in a team
• Agility for quick learning
• Commitment to quality
• Written and verbal communication
• Working knowledge of Indirect Sourcing with international Client Spend Analysis
• MS Excel Skills

Roles and Responsibilities:

• Close collaboration with client business stakeholders to secure a thorough understanding of client business needs for the supplier relationship
• Leading negotiation of business requirements and commercials for routine through complex vendor engagements
• Collaborating with Category/Sourcing Managers on negotiation strategy
• Performing in depth analysis of existing contracts or proposed contract amendments against client business needs, draw conclusions, prepare comprehensive summaries, and presenting back to the client in a concise manner
• Coaching colleagues, transferring knowledge, and developing team members to be more effective in their current roles
• Sourcing support for SOWs and contract execution
• Facilitating risk due diligence and assessment
• Drafting SOWs, Change Orders, Amendments, Work Orders, Schedules, etc.; collaborating with legal counsel to support contract negotiations or use contract templates pre-approved by Legal
• Ensuring all documentation meets the guidelines of supported category for contract execution

Qualification

Any Graduation