Language

Procurement Analyst - I

Operations Management
Pricing
Project Management
Enterprise Resource Planning
Database
SAP
Cost Analysis
Financial Modeling
Commodities
Business Plans
Business Analysis
ERP
Inventory
Subcontracts
Supply Chain
Procurement
Buyer
Buying/Procurement
Description:

It all started in sunny San Diego, California in 2004 when a visionary engineer, Fred Luddy, saw the potential to transform how we work. Fast forward to today — ServiceNow stands as a global market leader, bringing innovative AI-enhanced technology to over 8,100 customers, including 85% of the Fortune 500®. Our intelligent cloud-based platform seamlessly connects people, systems, and processes to empower organizations to find smarter, faster, and better ways to work. But this is just the beginning of our journey. Join us as we pursue our purpose to make the world work better for everyone.

Benefit options available through Magnit Global, depending on contract factors and upon meeting requirements.

 

About The Work

  • Coordinates purchasing activities with manufacturing, planning and engineering departments to acquire inventory in a cost effective and timely manner.
  • Review and analyze purchase requisitions.
  • Processes purchase requisitions, purchase change orders and requests for quotes to suppliers.
  • Responsible for procurement business system data input and integrity; creates and maintains bills of material and parts/commodities numbers in supply chain management or other enterprise-wide systems.
  • Participates in maximizing the procurement teams' changes, part parameters; quote table maintenance, supplier database information, error report analysis, and part number/supplier code information.
  • Performs cost analysis and volume planning for major commodities (e.g., materials, components, equipment and services).
  • Monitors the cost, schedule and scope of assigned subcontracts to negotiate highest quality at best value.
  • Develops new supply sources where vendors and suppliers are no longer competitive.
  • May recommend cost saving proposals including make-versus-buy analysis or alternative sourcing.
  • Interacts closely with suppliers and QA to resolve quality issues.
  • Works with management to address all aspects of commodity management, including procurement support, commodity business plans, market trends assessment, pricing, and product availability.
  • Requires domestic or global expertise of assigned commodities. 

 

In order to qualify for and be successful in this role, you should have: 

  • Bachelor’s degree, preferably in business, supply chain, operations management, or industrial engineering.
  • 3+ years supply chain related functions, preferably having tech sourcing experiences
  • Experience with ERP (SAP and BPC), in a medium to large organization (required)
  • Project management experience a plus
  • Ability to develop and maintain effective working relationships.
  • Ability to influence without authority vertically and horizontality throughout the organization and with cross-functional teams Excel and financial modeling skills.
  • Ability to create and perform analyses of large amounts of data.
  • Business analysis skills, with the ability to see implications and provide consultative solutions and recommendations.
  • Ability to apply knowledge of multidisciplinary business principles and practices to achieve successful outcomes in cross-functional projects and activities

 

Equal Opportunity Employer

Magnit Global is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, sex, sexual orientation, national origin or nationality, ancestry, age, disability, gender identity or expression, marital status, veteran status, or any other category protected by law. In addition, all qualified applicants with arrest or conviction records will be considered for employment in accordance with legal requirements. 

 

QUALIFICATION/ LICENSURE :
  • Work Authorization : Not specified
  • Preferred years of experience : 1+ Years
  • Travel Required : No travel required
  • Shift timings: Not specified
Job Location Hyderabad, Telangana (Hybrid)
Contract Duration 7 month(s)