Procurement Analyst - Market Research

• The primary responsibility is to perform extensive research on the supply-demand-price of the select commodities specifically in Chemicals / Metals required in Petro Chemical, refining domains like: Polystyrene, ABS, PBT PP and other Engineering grade contributing to Automotive Industry, on a global basis and build forecast models based on the collected information.
• Having broad understanding on entire P2P process
• Market Intelligence: Analysis interpretation of financial statements benchmarking information, source interpret industry information from variety of data source to form views on the industry key trends individual companies.
• Extraction of information/content extraction through the sources of information (through Primary and secondary research) Identification of various drivers of the commodity under research - cost/demand/price drivers.
• Determination of the economic behavior of the supply/demand/price of the commodity.
• Identification of experts for the commodity and key extraction of information.
• Competitive analysis of major suppliers of the commodity.
• Industry analysis. (Global Supply base)
• Use of various strategic frameworks to determine competitive positioning.
• Forecasts - Industry trends and more.
• Impact determination ? macroeconomics/logistics/supply chain / disruptions / legislation / taxes on the supply and price of the commodity.
• Providing inputs towards price forecasts ? (quantitative information/factors to support the price forecast of the commodity

Job Requirements:

• Ability to effectively operate independently and in a team environment.
• In-depth knowledge on various strategic quadrants and the procurement analysis tools.
• Holistic view on the overall Industry spends categories.
• Insights on how stakeholders view the sourcing of the categories.
• Key focus/expectations of Industry stakeholders through the market intelligence report.
• Basic knowledge of the source to pay process and the Org structure supporting it.
• Knowledge on the shared services /CoE team roles and responsibilities.
• Basic understanding on the processes within the procurement department of an organization
• To continuously monitor the evolving trends/ opportunities for procurement teams like payment terms, payment modes, supplier innovation program etc.
• Key end users of respective domain/Industry and its categories and the emerging trends that marketers should be aware of Level of innovation brought in through the MI reports delivered in past.
• Experience and Knowledge on Corporate banking areas like Commercial cards, payment processing, and Investment banking.
• Knowledge on services used by banking industry like banking software?s related to credit recoveries, AML, Debt collection platforms etc.