Procurement COE Analyst

Posted 2 Days Ago
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Hyderabad, Telangana
Senior level
Biotech • Manufacturing
The Role
The Procurement COE Analyst at IFF will manage Buyer support activities related to Global Procurement, facilitate Sourcing & Logistics support, handle inquiries, purchase orders, and invoicing, and drive continuous improvement in procurement processes. The analyst will liaise with internal and external stakeholders to assure supply and assist in contract management and supplier evaluation for cost-effective procurement solutions.
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Job Summary

Are you passionate about service excellence? Would you love to work for a global organisation that is doing more good for people and planet?
IFF is a global leader in food, beverage, health, biosciences and sensorial experiences. We are now seeking a highly motivated and results driven individual to join our Procurement function as Procurement COE Analyst
Your Focus
As Procurement Specialist at our Shared Service Center in Hyderabad, India, you will be responsible for managing Buyer support activities related to Global Procurement and needs to be perform as per the organization’s policies and guidelines.
The role includes providing Sourcing & Logistics support activities to the buyers & businesses across the regions.
This position has numerous varied and complex tasks which must be handled efficiently and effectively to ensure that client, supplier and buyer needs are met and is the primary interface regarding all matters related to inquiries, purchase orders, invoicing, sourcing documents and any other client service related items in the handling of Sourcing transactional work.

How you will contribute

  • First point of contact for the Buyers, Sites & Suppliers.

  • Provide transactional system and process support to strategic buying team.

  • Create and maintain purchasing documents in tools & systems.

  • Assisting Vendor Master team in onboarding of new vendors or for changes in data.

  • Monitor and execute all transactions according to IFF internal controls and policies.

  • Communicate and coordinate actions among all internal and external stakeholders to effectively assure supply of goods and services.

  • Administration and reporting as necessary (from internal systems and external sources).

  • Liaise with regional and global buying teams, providing information & analytical support in alignment with their goals on portfolio management and savings.

  • Drive continuous improvement / process optimization on specific areas of the RTP process.

  • Performing a wide range of work requests that are assigned / requested by the Buy Team (Buyers group) using broader knowledge of Sourcing, Procurement & Supply Chain via SAP Applications which includes.

  • Creation, Amendment, Renewal & Management of Contracts/Agreements for the various commodities which involves working with Global Buyers, Suppliers to get need attributes etc.

  • Creation and amendment of Purchase Orders in line with company’s policies & guidelines

  • Managing Buyer Work Requests (BWR)

  • Manages Spot Purchases for certain commodities under the approved threshold Sourcing the Supplier as per Company strategy, Receiving Quotations from Suppliers, negotiating with Suppliers on Price & Payment Terms (as per process)

  • Evaluate and select suppliers in terms of quality, service, cost and capability.

  • Support buyers in supplier analysis and research data.

  • Identify potential savings opportunities.

  • Expediting the delivery of material to make sure the suppliers delivers the material within promised delivery time.

  • Handling Invoice Disputes and resolving the same to make sure Suppliers get paid on time / excess & incorrect payments are not made.

  • Participate in Projects, SME Networks, Process updates, Best Practice Implementation

  • Back up for Transactional Support team

  • Back up for Buyers as per requirement

What you will need to be successful

  • Master’s or bachelor’s degree in commerce / finance or any other relevant discipline.

  • At least 6 to 8 years of experience in Global Procurement supporting Global operations & clients.

  • Sourcing, buying, ,Logistics, experience and commodity knowledge is must.

  • Negotiation knowledge

  • Contract Management knowledge.

  • Procurement / Supply Chain process & system knowledge.

  • As a key connect between clients, suppliers and buyers, candidates must exhibit a high degree of professionalism and tact.

  • Sound knowledge of SAP, SRM tools or other related ERP systems (Knowledge of Zycus preferred).

  • Good Interpersonal & Analytical Skills.

  • Good working knowledge in MS Office applications.

  • Excellent verbal and written communication skills

  • Self-driven, results oriented with positive attitude towards changes and new challenges.

  • Flexible to work in shift timings to support multiple regions.

IFF is an Equal Opportunity Employer.

At IFF, we believe that your uniqueness unleashes our potential.  We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more

We are a global leader in taste, scent, and nutrition, offering our customers a broader range of natural solutions and accelerating our growth strategy. At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex, or veteran status. We strive for an inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

Visit IFF.com/careers/workplace-diversity-and-inclusion to learn more

Top Skills

MS Office
SAP
The Company
HQ: New York, NY
13,014 Employees
On-site Workplace

What We Do

Meet IFF:

We boldly bring together science and creativity to create what the world needs.

An industry leader in food, beverage, health and biosciences, we create essential solutions – from global icons to unexpected innovations and experiences. Equal parts outspoken and analytical, our international collective of thinkers working with customers to bring scents, tastes, experiences, ingredients and solutions for products people crave.

With 24,000 employees across 65 countries, more than 110 manufacturing facilities, 100 R&D centers, and 33,000 customers across the world, we’re poised to make a difference on an unprecedented scale. Without our boundary-pushing passion and end-to-end expertise, the future wouldn’t be the same.

Visit us at www.iff.com to learn more about how our talented people and new technology are challenging the expected, championing creators and doing more good for people and planet.

Explore what sets us apart.

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