Procurement Analyst

Placements24; Durban; Hybrid; ZAR 350,000 - 550,000; Full time

Benefits offered by this job

Remote work model

Medical aid

Retirement fund

Professional development

Job summary

Placements24 in Durban is seeking a Procurement Analyst to join a data-driven procurement team. You will collect and analyse spend, supplier performance, and market trends to enable cost efficiencies and value engineering initiatives.

The role emphasizes developing KPIs and delivering regular reports and dashboards to inform strategic sourcing. The ideal candidate has strong analytical skills, experience in procurement or supply chain analytics, and the ability to work independently in a remote

Qualifications

• A Bachelor's degree in Supply Chain Management, Business Analytics, Economics, Finance, or a related field.
• 1–3 years of experience in a procurement, analytics, or supply chain role.
• Strong analytical and quantitative skills, with a high level of attention to detail.
• Proficiency in data analysis tools such as Microsoft Excel (advanced), SQL, and data visualization software (e.g., Tableau, Power BI).
• Familiarity with procurement processes and principles.
• Excellent report-writing and presentation skills.
• Ability to work independently and manage multiple tasks effectively.
• A proactive approach to identifying and solving problems.
• Good understanding of economic principles and their impact on procurement.

Responsibilities

• Collect, compile, and analyse data related to procurement activities, including spend, supplier performance, and market trends.
• Develop and maintain key performance indicators (KPIs) for the procurement department.
• Generate regular reports and dashboards to track procurement metrics and identify areas for improvement.
• Support the procurement team in cost-saving initiatives and value engineering projects.
• Assist in the evaluation and selection of new suppliers, including risk assessment.
• Monitor commodity prices and supply chain risks, providing timely updates and recommendations.
• Contribute to the development and implementation of procurement policies and procedures.
• Utilize data analysis tools to identify opportunities for process improvements and efficiency gains.
• Support contract management activities by tracking key dates and compliance.

Skills

Analytical thinking

Attention to detail

Report writing and presentation

Independent work

Problem solving

Education

Bachelor's degree in Supply Chain Management or related field

Tools

Microsoft Excel (Advanced)

SQL

Tableau/Power BI

Job description

About the Role

Our client, a prominent player in the manufacturing sector, is looking for a dedicated and analytical Procurement Analyst to join their dynamic team in Durban, KwaZulu-Natal, ZA . This role is crucial for providing data-driven insights and support to the procurement function, ensuring cost efficiencies and optimal supplier performance. The successful candidate will be responsible for collecting, analysing, and reporting on procurement data, identifying trends, and supporting strategic sourcing initiatives. This is an excellent opportunity for an individual with strong analytical skills and a keen interest in supply chain optimization to contribute to a leading organization. The role offers a substantial degree of autonomy and the chance to work on challenging projects within a supportive team environment.

Key Responsibilities

• Collect, compile, and analyse data related to procurement activities, including spend, supplier performance, and market trends.
• Develop and maintain key performance indicators (KPIs) for the procurement department.
• Generate regular reports and dashboards to track procurement metrics and identify areas for improvement.
• Support the procurement team in cost-saving initiatives and value engineering projects.
• Assist in the evaluation and selection of new suppliers, including risk assessment.
• Monitor commodity prices and supply chain risks, providing timely updates and recommendations.
• Contribute to the development and implementation of procurement policies and procedures.
• Utilize data analysis tools to identify opportunities for process improvements and efficiency gains.
• Support contract management activities by tracking key dates and compliance.

Requirements

• A Bachelor's degree in Supply Chain Management, Business Analytics, Economics, Finance, or a related field.
• 1-3 years of experience in a procurement, analytics, or supply chain role.
• Strong analytical and quantitative skills, with a high level of attention to detail.
• Proficiency in data analysis tools such as Microsoft Excel (advanced), SQL, and data visualization software (e.g., Tableau, Power BI).
• Familiarity with procurement processes and principles.
• Excellent report-writing and presentation skills.
• Ability to work independently and manage multiple tasks effectively.
• A proactive approach to identifying and solving problems.
• Good understanding of economic principles and their impact on procurement.

Benefits

• Our client offers a competitive salary package, with opportunities for annual reviews and performance-based increases.
• Employees are provided with comprehensive medical aid and a retirement fund.
• Professional development is encouraged through training programs and access to relevant industry resources.
• This role embraces a remote work model, offering flexibility and the ability to work from anywhere, supported by our client's robust digital infrastructure.