Procurement Analyst
2 weeks ago
Procurement Analyst required in the Midrand area. Work with data analytics to analyse, interpret and communicate complex data sets to support business decisions. Liaising between internal departments and suppliers analysing and comparing product samples and negotiating procurement contracts on behalf of our company. 2+ Years’ experience in Short Term Insurance, Excel and SQL is required, with a Bachelor’s degree in Finance.
**Responsibilities**
- Developing various approaches to procuring and contracting external support from the marketplace in line with current industry standards.
- Determining supply needs and researching potential suppliers.
- Acting as a liaison and communicating pricing and performance needs to vendors and suppliers.
- Build and maintain good working relationships with management across various regions and operational areas.
- Documenting the features and benefits of products and services.
- Preparing cost-benefit analysis reports for review by clients.
- Negotiating favorable procurement contracts with selected vendors and suppliers.
- Documenting processes and generating monthly supply cost reports.
- Monitoring the company's demand for products to avoid supply shortages.
- Keeping abreast of vendor and supplier-related activities in the industry.
**Requirements**:
- Bachelor's degree in Finance, Accounting, Actuarial Science, Statistics, Business Sciences, Business Mathematics.
- 2+ years exp in Short-term Insurance.
- 2+ years exp in Microsoft Excel, SQL.
Business management, supply chain, and strategic sourcing knowledge
**Salary**: R500,000.00 - R600,000.00 per year
**Education**:
- Bachelor's (required)
**Experience**:
- Procurement: 4 years (required)
- data analysis: 2 years (required)
- Microsoft Excel: 3 years (required)
- SQL: 3 years (required)
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