SAEL - Strategy Analyst - Procurement

About the Role :

• We are looking for a highly analytical and detail-oriented Strategy Analyst Procurement to support strategic sourcing, procurement analytics, cost optimization, and vendor management initiatives across procurement categories.
• The ideal candidate should possess strong analytical, commercial, and stakeholder management skills with the ability to work closely with procurement, finance, engineering, and operations teams to drive data-backed sourcing and procurement decisions.
• This role will focus on procurement strategy, spend analytics, cost-saving opportunities, vendor evaluation, and procurement process optimization to improve operational efficiency and commercial outcomes.

Key Responsibilities :

Procurement Strategy & Cost Optimization :

• - Support procurement strategy initiatives across direct and indirect procurement categories.
• Identify opportunities for:
• - Cost optimization

• Spend rationalization

• Vendor consolidation

• Value engineering

• Analyze procurement spend patterns and pricing trends to recommend cost-saving initiatives.
• Assist in developing and tracking procurement savings and efficiency metrics.

Strategic Sourcing Support :

• Support RFQ/RFP processes and procurement sourcing activities.
• Conduct market research, pricing analysis, and supplier benchmarking exercises.
• Assist procurement teams during commercial negotiations and vendor discussions.
• Evaluate supplier quotations, commercial terms, and sourcing proposals.

Vendor & Supplier Analysis :

• Support vendor onboarding, evaluation, and commercial assessment activities.
• Maintain supplier databases and vendor performance tracking reports.
• Analyze supplier competitiveness, pricing trends, and sourcing alternatives.
• Assist in preparing vendor review and procurement performance reports.

Data Analytics & Reporting :

• Prepare procurement MIS reports, dashboards, and spend analysis reports.
• Track procurement KPIs including :
• - Cost savings

• Vendor performance

• Procurement cycle times

• Spend trends

- Generate actionable insights for procurement and leadership teams using data analysis.

Cross-functional Coordination :

Collaborate with :

- Procurement Teams

• Finance

• Engineering

• Operations

• To support sourcing and cost optimization initiatives.
• Coordinate with internal stakeholders to gather procurement requirements and support sourcing decisions.

Process Improvement & Governance :

• Support procurement process standardization and improvement initiatives.
• Ensure procurement activities align with company policies and approval frameworks.
• Assist in maintaining procurement documentation and audit readiness.

Required Skills & Qualifications :

Bachelors degree in :

- Engineering

• Supply Chain

• Commerce

• Business Administration

• Economics

3-6 years of experience in :

- Procurement Analytics

• Strategic Sourcing

• Commercial Analysis

• Procurement Operations

• - Strong analytical and problem-solving skills.
• Good understanding of :
• - Procurement processes

• Vendor management

• Strategic sourcing

• Cost optimization

• Experience working with procurement data, commercial analysis, and reporting.
• Strong communication and stakeholder coordination skills.
• Proficiency in MS Excel, PowerPoint, and reporting tools.

Technical Skills :

• Advanced MS Excel
• Power BI / Tableau (preferred)
• ERP Systems (SAP / Oracle / Ariba preferred)
• Procurement MIS & Reporting
• Spend Analytics
• Data Analysis & Dashboarding