Procurement Analyst

TRT Solutions Limited; Pampanga; On-site; PHP 334,800 - 558,000; Full time

Job summary

A global IT procurement firm is seeking a Procurement Analyst to optimize sourcing activities and support business development. The successful candidate will conduct supplier evaluations, analyze procurement data, and participate in contract negotiations. A Bachelor's degree in Supply Chain Management or a related field and strong analytical skills are required. This position offers opportunities to engage with global suppliers and contribute to critical procurement strategies.

Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, Economics, Statistics, Industrial Engineering or related fields.
• Background in procurement, supply chain management or data analysis.
• Strong analytical and problem solving skills.
• Experience in market research and supplier evaluation.
• Excellent communication and negotiation skills.

Responsibilities

• Conducting data analysis on supplier performance and spend data.
• Preparing reports and presentations for stakeholders.
• Participating in meetings with suppliers and internal teams.
• Researching potential suppliers and conducting evaluations.
• Reviewing and negotiating contracts.

Skills

Analytical skills

Problem solving

Attention to detail

Communication skills

Negotiation skills

Education

Bachelor’s degree in Supply Chain Management or related fields

Tools

Microsoft Excel

NetSuite ERP software

Job description

Overview

Position: Procurement Analyst (PA)

Location: Clark Global City

The Procurement Analyst (PA) will specialize in planning, reviewing, and executing procurement options for time-critical components and services that support TRT’s offerings, including:

• Hardware Maintenance & Software Support
• Managed Services
• Professional Services
• Infrastructure Deployment
• Infrastructure as a Service (IaaS)
• Business Continuity
• Cyber Security
• As part of the Business Development Department, the PA is responsible for a critical function within the Business Development process. These functions focus on optimizing the procurement and sourcing activities of a company on client projects. The primary goal is to ensure the availability of necessary external components, devices, and services at the right “combination” of time and cost, while also maximizing efficiency and minimizing risks for TRT and clients. A PA plays a crucial role in achieving these objectives by reaching out to our global network of providers as well as identifying new providers so that TRT can select from the widest range of quality options on a purchase to make the most informed procurement decisions.
• Reporting to the Business Development Admin Team Lead (BDA TL), the PA will work during and sometimes out of hours to contact equipment and service provider options in Asia, Europe, and the USA. Making decisions in this role requires critical thinking, numerical reasoning and problem-solving skills which are essential for success in the role. Underpinning all these skills, decision making is based on a strong sense of urgency, professionalism, resilience and an attention to detail.
• The collaboration with internal and external stakeholders, as suppliers, internal departments, and clients. The role of the PA at TRT presents an exciting opportunity for individuals who are ready to enter the field of Global IT procurement and extend themselves outside their comfort zone to contribute to the success of the TRT’s value chain.

Primary Workflow

• Conducting data analysis on supplier performance, spend data, and market trends
• Preparing reports and presentations to communicate findings and recommendations to the procurement team and stakeholders
• Participating in meetings with suppliers and internal teams to discuss contract terms, performance, and strategic initiatives
• Collaborating with finance teams to align procurement activities with budget constraints
• Researching potential suppliers and conducting supplier evaluations
• Reviewing and negotiating procurement contracts
• Interacting with procurement software and tools to streamline processes and enhance data analysis
• Responding to ad-hoc data requests from the procurement team and other departments
• Staying updated on industry trends and best practices in procurement and supply chain management

Key Responsibilities

• Review cost data and service levels, bill of materials on TRT Sales Orders to identify cost-saving opportunities
• Monitoring and evaluating supplier performance and compliance
• Conducting market research to identify potential suppliers and trends
• Assisting in contract negotiations and drafting procurement agreements
• Creating and maintaining procurement reports and dashboards
• Supporting the business development department in supplier relationship management
• Participating in cross-functional meetings to align procurement strategies with organizational goals
• Collaborating with finance teams to ensure procurement activities align with budgetary constraints
• Using procurement software and tools to streamline processes and enhance data analysis
• Evaluating and recommending improvements to procurement policies and procedures

Requirements

• Bachelor’s degree in Supply Chain Management, Business Administration, Economics, Statistics, Industrial Engineering or related fields
• Background in procurement, supply chain management or data analysis
• Strong analytical and problem solving skills
• Experience in market research and supplier evaluation
• Excellent communication and negotiation skills
• Attention to detail and accuracy
• Proficiency in procurement software and tools (Advanced Microsoft Excel)
• Familiarity with advanced data analytics tools such as NetSuite ERP software.