Want to be a part of our team
The Procurement / Purchasing Analyst is a seasoned subject matter expert, responsible for analyzing market outlooks and determines when and what to buy when contracting with vendors, ordering supplies, or making a big investment in a product, or technology, etc.
This role participates in the development and implementation of short-term strategies to procure / purchase commodities across all categories.
Working at NTT
Key Responsibilities:
- Serves as the liaison between the business and vendors.
- Sources and screens vendors, negotiating contracts and presenting deals to decision makers.
- Reviews and processes requisitions to ensure timely order submission and negotiates costs, delivery schedules and contract terms.
- Analyzes documented comparative costs submitted by suppliers in the RFP process.
- Agrees pricing and performance standards through contracts with suppliers.
- Inspects and tests samples of products and services of vendors and documenting features and benefits of each product, using this information to make the final purchasing decision.
- Responsible for documenting the costs for all assigned vendors, as well as generating monthly cost reports to present to stakeholders.
- Recommends sourcing strategies to leadership and monitors, pursues and executes tactical and strategic initiatives as assigned.
- Administers trends and market conditions and maintain efficient flow of information for all materials.
- Prepares recommendations on the design of various cost savings programs and identifies new suppliers.
- Monitors order fulfilment against purchase orders to ensure on-time deliveries.
Knowledge and Attributes:
- Specialist at the cost-benefit analysis process.
- Good negotiation skills with the ability to maintain effective working relationships with suppliers/vendors.
- Solid knowledge of the relevant quality standards related to products and services.
- Good organisational skills.
- Ability to remain calm under stress and operate in a high-pressure environment.
- Good team skills, both as a leader and as a team player.
- Good communication skills, especially related to facilitation, documentation and reporting.
- Excellent Microsoft Office skills (Excel/Word/PowerPoint).
Academic Qualifications and Certifications:
- Bachelor's degree or equivalent in business, supply chain management, or a related field.
- Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM).
Required Experience:
- Seasoned experience working in the field and related procurement / purchasing operational experience.
- Experience conducting cost-benefit analysis.
- Seasoned experience in using procurement modules for managing purchase orders, supplier information, and contract management.
- Seasoned experience in evaluating the vendors that work with a company based on the vendors price, quality, and availability.
Skills Summary
Contract Documentation, Cost Controls, Market Research, Regulatory Compliance, Supplier Analysis, Supplier Management, Total Cost of Ownership Analysis
Workplace type:
Hybrid Working
Equal Opportunity Employer
NTT is proud to be an Equal Opportunity Employer with a global culture that embraces diversity. We are committed to providing an environment free of unfair discrimination and harassment. We do not discriminate based on age, race, color, sex, religion, national origin, disability, pregnancy, marital status, sexual orientation, gender reassignment, veteran status, or other protected category
