Procurement Analyst

Sterling Search Partners is helping a Birmingham client with its search for a Procurement Analyst. The Procurement Analyst supports the company's procurement and supply chain strategies by analyzing supplier performance, market trends, and cost data to identify opportunities for savings and process improvement. This role provides data-driven insights that guide sourcing decisions and ensure optimal vendor performance and value.

Key Responsibilities :

• Analyze spend data, supplier performance, and market conditions to identify sourcing opportunities and cost-saving initiatives.
• Support the development and execution of strategic sourcing strategies across categories.
• Conduct supplier research, benchmarking, and financial analysis to assess risk and competitiveness.
• Collaborate with internal stakeholders to define sourcing requirements and business needs.
• Prepare and manage RFPs, RFQs, and RFIs; compile and analyze bid responses.
• Maintain supplier databases and performance scorecards.
• Track and report key sourcing metrics, including savings, supplier diversity, and compliance.
• Monitor market trends, commodity pricing, and supply chain risks.
• Assist in contract negotiations and ensure adherence to company procurement policies.
• Recommend process improvements to enhance sourcing efficiency and transparency.

Qualifications :