Procurement Analyst

Position: Procurement Analyst (PA)

Location: Clark Global City

Overview:

The Procurement Analyst (PA) will specialize in planning, reviewing, and executing procurement options for time-critical components and services that support TRT's offerings, including:

Hardware Maintenance & Software SupportManaged ServicesProfessional ServicesInfrastructure DeploymentInfrastructure as a Service (IaaS)Business ContinuityCyber Security As part of the Business Development Department, the PA is responsible for a critical function within the Business Development process. These functions focus on optimizing the procurement and sourcing activities of a company on client projects. The primary goal is to ensure the availability of necessary external components, devices, and services at the right "combination" of time and cost, while also maximizing efficiency and minimizing risks for TRT and clients. A PA plays a crucial role in achieving these objectives by reaching out to our global network of providers as well as identifying new providers so that TRT can select from the widest range of quality options on a purchase to make the most informed procurement decisions. Reporting to the Business Development Admin Team Lead (BDA TL), the PA will work during and sometimes out of hours to contact equipment and service provider options in Asia, Europe, and the USA. Making decisions in this role requires critical thinking, numerical reasoning and problem-solving skills which are essential for success in the role. Underpinning all these skills, decision making is based on a strong sense of urgency, professionalism, resilience and an attention to detail. The collaboration with internal and external stakeholders, as suppliers, internal departments, and clients. The role of the PA at TRT presents an exciting opportunity for individuals who are ready to enter the field of Global IT procurement and extend themselves outside their comfort zone to contribute to the success of the TRT's value chain. Primary Workflow:Conducting data analysis on supplier performance, spend data, and market trendsPreparing reports and presentations to communicate findings and recommendations to the procurement team and stakeholdersParticipating in meetings with suppliers and internal teams to discuss contract terms, performance, and strategic initiativesCollaborating with finance teams to align procurement activities with budget constraintsResearching potential suppliers and conducting supplier evaluationsReviewing and negotiating procurement contractsInteracting with procurement software and tools to streamline processes and enhance data analysisResponding to ad-hoc data requests from the procurement team and other departmentsStaying updated on industry trends and best practices in procurement and supply chain management.Key Responsibilities:Review cost data and Service levels, bill of materials on TRT Sales Orders to identifying cost-saving opportunitiesMonitoring and evaluating supplier performance and complianceConducting market research to identify potential suppliers and trendsAssisting in contract negotiations and drafting procurement agreementsCreating and maintaining procurement reports and dashboardsSupporting the business development department in supplier relationship managementParticipating in cross-functional meetings to align procurement strategies with organizational goalsCollaborating with finance teams to ensure procurement activities align with budgetary constraintsUsing procurement software and tools to streamline processes and enhance data analysis Evaluating and recommending improvements to procurement policies and proceduresRequirements:Bachelor's degree in Supply Chain Management, Business Administration, Economics, Statistics, Industrial Engineering or related fieldsBackground in procurement, supply chain management or data analysisStrong analytical and problem solving skillsExperience in market research and supplier evaluationExcellent communication and negotiation skillsAttention to detail and accuracyProficiency in procurement software and tools (Advanced Microsoft Excel)Familiarity with advanced data analytics tools such as NetSuite ERP software.

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