Remote Procurement Analyst

Placements24; Bloemfontein; Remote; ZAR 908,000 - 1,239,000; Full time

Benefits offered by this job

Competitive salary and benefits

Job summary

Placements24 is seeking a highly analytical Remote Procurement Analyst to join a distributed team. You will analyze spending, identify cost-saving opportunities, and support sourcing initiatives while managing procurement data from a remote location.

The role emphasizes data manipulation, reporting, and monitoring KPIs to optimize procurement performance for a global operation. Remote work enables flexible collaboration and career growth within a virtual team.

Qualifications

• Bachelor's degree in a quantitative field (Supply Chain Management, Business Analytics, Economics, Finance)
• 2-4 years of procurement or related experience
• Advanced proficiency in Excel (VLOOKUP, pivot tables, complex formulas)
• Experience with Tableau or Power BI is a strong advantage
• Familiarity with ERP systems and procurement software is preferred
• Strong analytical, problem-solving, and critical thinking skills
• Excellent written and verbal communication skills

Responsibilities

• Conduct comprehensive analysis of organizational spend across categories and suppliers.
• Identify and quantify cost-saving opportunities through data analysis and market intelligence.
• Develop and maintain procurement dashboards and reports to track KPIs.
• Support sourcing managers and category managers in data prep for RFx events and negotiations.
• Analyze supplier performance data to identify trends, risks, and opportunities for improvement.
• Assist in developing business cases for procurement initiatives and category strategies.
• Monitor contract compliance and identify areas of risk or non-conformance.
• Maintain accurate procurement data in the company's systems.
• Collaborate remotely with cross-functional teams to gather data and provide insights.
• Research market trends and best practices to enhance procurement processes and efficiency remotely.

Skills

Analytical thinking

Problem-solving

Critical thinking

Communication

Education

Bachelor's degree in Supply Chain Management, Business Analytics, Economics, Finance, or related field

Tools

Excel

Tableau

Power BI

ERP systems

Job description

About the Role

Our client, a dynamic and innovative technology firm, is seeking a highly analytical Remote Procurement Analyst to join their distributed team. This is a fully remote position, offering the flexibility to work from anywhere. The Procurement Analyst will be responsible for analyzing spending patterns, identifying cost-saving opportunities, supporting sourcing initiatives, and managing procurement data. You will play a critical role in optimizing the procurement function through data-driven insights and performance monitoring. The ideal candidate possesses strong analytical capabilities, a keen understanding of procurement processes, and excellent skills in data manipulation and reporting. This role is perfect for an individual who thrives in a virtual environment, is self-motivated, and is eager to contribute to the efficiency and effectiveness of a global procurement operation. As a remote-first company, our client provides a supportive ecosystem for successful virtual collaboration and career growth.

Key Responsibilities

• Conduct comprehensive analysis of organizational spend across various categories and suppliers.
• Identify and quantify cost-saving opportunities through data analysis and market intelligence.
• Develop and maintain procurement dashboards and reports to track key performance indicators (KPIs).
• Support sourcing managers and category managers in data preparation for RFx events and supplier negotiations.
• Analyze supplier performance data to identify trends, risks, and opportunities for improvement.
• Assist in the development of business cases for procurement initiatives and category strategies.
• Monitor contract compliance and identify potential areas of risk or non-conformance.
• Maintain accurate and up-to-date procurement data within the company's systems.
• Collaborate remotely with cross-functional teams to gather data and provide insights into procurement activities.
• Research market trends and best practices to enhance procurement processes and efficiency from your remote location.

Requirements

• Bachelor's degree in Supply Chain Management, Business Analytics, Economics, Finance, or a related quantitative field.
• 2-4 years of experience in procurement, supply chain analysis, financial analysis, or a related role.
• Advanced proficiency in Microsoft Excel (e.g., VLOOKUP, pivot tables, complex formulas).
• Experience with data visualization tools (e.g., Tableau, Power BI) is a strong advantage.
• Familiarity with ERP systems and procurement software is preferred.
• Strong analytical, problem-solving, and critical thinking skills.
• Excellent written and verbal communication skills, with the ability to present complex data clearly.
• Highly organized, detail-oriented, and able to manage multiple tasks effectively in a remote setting.
• Self-motivated and able to work independently with minimal supervision.
• Demonstrated ability to collaborate effectively in a virtual team environment.

Benefits

• Competitive salary and benefits package.
• Fully remote work arrangement with flexible hours.
• Opportunities for professional development and training in analytics and procurement.
• Access to cutting-edge analytical tools and technologies.
• Collaborative and supportive virtual work culture.
• Company-provided equipment and remote work support.
• Health, dental, and vision insurance.
• Retirement savings plan.