Senior Analyst, Procurement
- Walmart
- 4 - 8 years
- Bengaluru
- 1 month ago
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Job Description
You will be a part of the Global Procurement supporting in the Tech Procurement area. As a part of this team, you will be responsible for supporting and aligning with business initiatives, organization goals, and actions focused on sourcing projects. An individual in this position will be expected to perform additional job-related responsibilities and duties as assigned and/or necessary.
What you will do:
- Leading negotiation - Supports supplier negotiations by creating cost models of different contract variables (for example, implementation costs and travel and expense costs); running scenarios to determine business benefits; assessing range of negotiation outcomes; and executing defined negotiation strategies to ensure business needs are met.
- Category Management: Supports in development of sourcing and procurement strategy by working with Category Team to identify internal business need; aligning sourcing process to the category strategies; developing and compiling request for Information (RFIs) and request for proposal (RFPs); summarize RFI and RFP responses to help the business assess supplier ability to meet business needs; collaborating with cross-functional teams (for example, suppliers, category managers, legal, finance, accounting) to ensure clarification of requirement; providing input based on the end-to-end sourcing process; and presenting information and findings to negotiating teams to drive negotiation strategy development.
- Developing supplier relationships - Participates in supplier selection and justification of supplier selection by partnering with stakeholders through conducting a comprehensive analysis of data from multiple sources; developing comparisons of supplier responses to normalize submissions; presenting the conclusions in an easy to understand and actionable manner; and creating quantification and documentation of savings to support business goals.
- Stakeholder Management: Manages multiple project initiatives for supplier sourcing to achieve desired results by ensuring understanding of scope of work; organizing timelines and deliverables; working with cross-functional teams to ensure timelines related to sourcing and contract goals are met; taking corrective action to address any issues, and reporting results and deliverables to supervisors and stakeholders.
- Should have managed high spend projects Independently and have lead pricing negotiation at project level with vendors across categories.
- Prepare budgeting, spend analysis and should be able to review first draft of contracts from commercial & legal prospects.
- Researches and provides vendor information to support vendor management by collaborating with management to identify internal business needs.
- Understand standard Sourcing practices and techniques and work independently with suppliers to meet the business requirement and applicable terms & conditions.
- Providing details on vendor options and compiling request for information (RFI) and request for Proposal (RFP) to drive decision making.
- Support category leads in Category Strategy/ Goals/ Renewals/Sustainability/ Diverse Spend /Pay term Negotiations
- Independently collaborate with suppliers to providing clarifications to vendors on business requirements
- Provide input and vendor recommendations to senior team members to facilitate contract negotiations.
- Execute standardized sourcing processes and strategies for assigned categories / subcategories / domain.
- Maintain highest levels of commercial confidentiality in all aspects in the entire sourcing process.
What you will bring:
Minimum qualifications:
- Graduate or Postgraduate
- Should have 4-8 years of experience in end-to-end IT Sourcing & Procurement and have lead vendor negotiations independently (Preferred: Strategic Sourcing experience for Technology Procurement)
- Understanding of Negotiation tools like eAuction, Clean Sheet Costing, TCO model, Kraljic matrix etc.
- Detail oriented, organized team player; flexible, dynamic, and proactive individual; easily accepts constructive input.
- Excellent communication and influencing skill with ability to communicate to stakeholders from different continents.
- Excellent presentation and MS Office skills.
- Experience in ERP(Coupa/Ariba/SAP) and Procurement tools is preferred.
- Associate is expected to work in US support hours.
Job Classification
Industry: RetailFunctional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement AnalystEmployement Type: Full timeContact Details:
Company: WalmartLocation(s): Bengaluru+ View Contact
Keyskills: vendor management erp sap spend analysis strategic sourcing supplier selection presentation skills sourcing procurement global procurement vendor negotiation ariba category management supplier sourcing coupa vendor negotiation communication skills
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