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- Tasks: Join our procurement team to analyze data and support supplier negotiations.
- Company: Be part of a global company with a dynamic work environment.
- Benefits: Enjoy a competitive salary of £28,000 plus excellent benefits.
- Why this job: This role offers a great opportunity to develop your analytical skills and advance in procurement.
- Qualifications: Ideal for candidates with strong IT, data, and analytical skills; experience in procurement is a plus.
- Other info: Office-based role in Reading, requiring at least 3 days a week in the office.
The predicted salary is between 22400 - 33600 £ per year.
Procurement Analyst
- Full-time – office based; minimum 3 days in Reading office per week
- Employment Type: Permanent
- Hours Per Week: 37.50
- Salary: £28,000 plus excellent benefits
- Start date: Immediate / short notice
This is an exciting role based within the procurement team of a global company. The role will report into the Senior Purchasing Manager.
The role will require you to create reports, analyse data and support benchmarking activities. You will be the first point of contact for day-to-day queries and with suppliers to support price negotiations, general queries and overall performance.
Key accountabilities
- Management of regular reporting requirements
- Analytical support for supplier negotiations (including benchmarking activities)
- Data gathering and analysis to support key projects/tenders/price reviews
- Supporting process improvements
- Working closely with Supply Chain team to support business queries around suppliers
- Pulling together the data from different sources
- Category responsibility on agreed categories to support progression
Skills required
- Understanding of procurement processes, policies and best practices
- Good grasp of data analysis techniques to interpret spending patterns and procurement trends
- Proficiency in using tools such as Power BI, Excel (pivot tables, VLOOKUP, advanced formulas where relevant)
- Ability to speak with suppliers and negotiate around prices
- Able to collaborate with internal stakeholders
This role would be an excellent career step for a candidate with good IT / data / analytical skills who is looking to progress within procurement.
What you need to do now
If you’re interested in this role, click ‘apply now’ to forward an up-to-date copy of your CV, or call us now.
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Procurement Analyst employer: Hays
Contact Detail:
Hays Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Procurement Analyst
✨Tip Number 1
Familiarize yourself with procurement processes and best practices. Understanding the fundamentals will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Brush up on your data analysis skills, especially in tools like Power BI and Excel. Being able to showcase your proficiency in these tools during discussions can set you apart from other candidates.
✨Tip Number 3
Prepare for potential supplier negotiation scenarios. Think about how you would approach price discussions and be ready to share your strategies or past experiences in similar situations.
✨Tip Number 4
Network with professionals in the procurement field. Engaging with others can provide insights into the industry and may even lead to referrals or recommendations for the position.
We think you need these skills to ace Procurement Analyst
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description for the Procurement Analyst position. Highlight key responsibilities and required skills, as this will help you tailor your application.
Tailor Your CV: Customize your CV to reflect your experience with procurement processes, data analysis, and any relevant tools like Power BI and Excel. Use specific examples that demonstrate your analytical skills and ability to negotiate.
Craft a Strong Cover Letter: Write a cover letter that connects your background to the role. Mention your understanding of procurement best practices and how your skills can contribute to the team. Be sure to express your enthusiasm for the position.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your attention to detail, which is crucial for a role in procurement.
How to prepare for a job interview at Hays
✨Show Your Analytical Skills
Since the role requires strong data analysis skills, be prepared to discuss your experience with tools like Power BI and Excel. Bring examples of how you've used these tools to analyze spending patterns or support procurement decisions.
✨Understand Procurement Processes
Familiarize yourself with procurement processes, policies, and best practices. Be ready to explain how you have applied this knowledge in previous roles or projects, as it will demonstrate your understanding of the field.
✨Prepare for Supplier Negotiation Scenarios
As you'll be negotiating with suppliers, think of past experiences where you successfully negotiated prices or resolved issues. Prepare to discuss your approach and the outcomes to showcase your negotiation skills.
✨Collaborate and Communicate Effectively
This role involves working closely with internal stakeholders. Be ready to share examples of how you've collaborated with teams in the past, highlighting your communication skills and ability to work towards common goals.
