Procurement Analyst

Company Description

IFS is a billion-dollar revenue company with 6000+ employees on all continents. We deliver award-winning enterprise software solutions through the use of embedded digital innovation and a single cloud-based platform to help businesses be their best when it really matters–at the Moment of Service™.

At IFS, we're flexible, we're innovative, and we're focused not only on how we can engage with our customers, but on how we can make a real change and have a worldwide impact. We help solve some of society's greatest challenges, fostering a better future through our agility, collaboration, and trust.

We celebrate diversity and accept that there are so many different perspectives in this world. As a truly international company serving people from around the globe, we realize that our success is tantamount to the respect we have for those different points of view.

By joining our team, you will have the opportunity to be part of a global, diverse environment; you will be joining a winning team with a commitment to sustainability; and a company where we get things done so that you can make a positive impact on the world.

We're looking for innovative and original thinkers to work in an environment where you can 
#MakeYourMoment so that we can help others make theirs.

If you want to change the status quo, we'll help you make your moment. Join Team Purple. Join IFS.

Job Description

Please note that this role can be based out of any European entity.

We are seeking a detail-oriented and analytical Procurement Analyst to join our growing procurement team, led by our new Chief Procurement Officer (CPO), and will report into a member of the newly created Procurement Leadership team. The ideal candidate will have a background in spend data analysis and procurement processes. As a Procurement Analyst, you will be responsible for analysing procurement data, identifying trends, and providing insights that will drive cost savings, efficiency improvements, and strategic decision-making. You will work closely across the Procurement Leadership Team, and wider Procurement team to support and drive the functions objectives.

• Data Analysis: Collect, analyse, and interpret procurement data to identify trends and opportunities for improvement.
• Spend Analysis: Conduct spend analysis to track and report on procurement spend, ensuring alignment with wider Procurement team.
• Supplier Performance: Support the develop of supplier performance modules in order for IFS Group to enhance the way we interact and manage supply base.
• Market Research: Conduct market data research to support sourcing decisions, including identifying potential suppliers and benchmarking pricing.
• Reporting: Develop and maintain regular reports on key procurement metrics, providing insights and recommendations to Procurement Leadership.
• Process Improvement: Identify and recommend improvements to procurement processes, leveraging data to streamline operations and enhance efficiency.
• Compliance Monitoring: Ensure procurement activities comply with internal policies, regulatory requirements, and industry best practices.
• Stakeholder Collaboration: Work closely with procurement team members and other departments to gather data, understand business needs, and support procurement initiatives.
• Technology Utilisation: Utilise procurement software and tools to manage data, generate reports, and enhance procurement processes.

Qualifications

• 2-4 years of experience in procurement, supply chain, or data analyst roles.
• Strong analytical skills with experience in data analysis and reporting.
• Proficiency in excel, data analysis tools, and procurement software
• Excellent attention to detail and the ability to work with large datasets.
• Strong communication and interpersonal skills, with the ability to present findings and recommendations clearly.
• Knowledge of procurement processes, supplier management, and market research.
• Ability to work independently and as part of a team, with strong organisational and time-management skills.

Additional Information

We believe that coming together as a community, in person, is important for innovation, connection and fostering a sense of belonging. Our roles have the right balance of remote and in-office working to enable flexibility for managing your life along with ensuring a real connection with your colleagues and the broader IFS community.