Procurement Analyst

Placements24; Randburg; Hybrid; ZAR 360,000 - 480,000; Full time

Benefits offered by this job

Hybrid work model

Health and retirement benefits

Professional development and training

Job summary

Placements24 is seeking an analytical Procurement Analyst in Randburg for a hybrid role focused on data-driven insights to guide strategic sourcing and optimize procurement operations.

You will analyze spend data, monitor supplier performance, and support negotiations, contributing to efficiency and value creation within the procurement function.

Qualifications

• Experience as a Procurement Analyst or in a similar analytical role within procurement or supply chain.
• Strong analytical and quantitative skills, with proficiency in data analysis tools such as Excel, Power BI, or Tableau.
• Experience with procurement software and ERP systems.
• Excellent report-writing and presentation skills.
• Detail-oriented with strong problem-solving capabilities.

Responsibilities

• Collect, analyze, and interpret procurement data including spend, supplier performance, and market trends.
• Develop reports and dashboards to visualize procurement metrics and identify improvement areas.
• Support sourcing and negotiation teams by providing data and analysis.
• Monitor supplier performance against contracts and assist in issue resolution.
• Identify opportunities for cost reduction, process optimization, and risk mitigation.
• Assist in development and implementation of procurement strategies and best practices.

Skills

Analytical thinking

Quantitative skills

Report writing

Problem solving

Education

Bachelor's degree in Business Administration / Finance / Supply Chain Management

Tools

Excel

Power BI

Tableau

Job description

About the Role

Our client is seeking an analytical and results-driven Procurement Analyst to join their team in Randburg . This hybrid role focuses on providing data-driven insights to support strategic sourcing decisions and optimize procurement operations. You will be responsible for analyzing spend data, identifying cost-saving opportunities, monitoring supplier performance, and supporting the negotiation process. This is an excellent opportunity for an individual with strong analytical skills to contribute to efficiency and value creation within the procurement function, with the flexibility of a hybrid work model.

Key Responsibilities

• Collect, analyze, and interpret procurement data, including spend, supplier performance, and market trends.
• Develop reports and dashboards to visualize key procurement metrics and identify areas for improvement.
• Support the sourcing and negotiation teams by providing relevant data and analysis.
• Monitor supplier performance against key metrics and contracts, and assist in resolving issues.
• Identify opportunities for cost reduction, process optimization, and risk mitigation within the supply chain.
• Assist in the development and implementation of procurement strategies and best practices.

Requirements

• Proven experience as a Procurement Analyst or in a similar analytical role within procurement or supply chain.
• Strong analytical and quantitative skills, with proficiency in data analysis tools (e.g., Excel, Power BI, Tableau).
• Experience with procurement software and ERP systems.
• Excellent report-writing and presentation skills.
• Detail-oriented with strong problem-solving capabilities.
• Bachelor's degree in Business Administration, Finance, Supply Chain Management, or a related field.

Benefits

• Competitive salary with performance-based bonuses.
• Hybrid work model offering a balance of remote and in-office work.
• Comprehensive health and retirement benefits.
• Opportunities for professional development and training in data analytics.
• A collaborative and forward-thinking work environment in Randburg .