Procurement Practice Senior Analyst

Skill required: Agile Sourcing - Sourcing
Designation: Procurement Practice Senior Analyst
Qualifications:BE/BTech/Master of Business Administration
Years of Experience:5 to 8 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song— all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do? Go beyond processing purchase orders at lower costs to help clients reap savings and value from the billions they spend on the goods and services that run their day-to-day business operations. Agile Sourcing involves quickly and efficiently finding and acquiring resources or services needed for a project. This includes identifying suppliers, negotiating contracts, and ensuring timely delivery. The goal is to support agile project management by being responsive and adaptable. Responsibilities include maintaining supplier relationships and optimizing procurement processes. This role is essential for keeping projects on track and within budget. Understand when & how to use a request for proposal (price and non-price factors) and RFQ (price only) and how to develop, execute and analyze the results. Collect and analyze quantitative and qualitative information to assess, screen and select suppliers.
What are we looking for? Bachelor s degree or B.E/B.Tech, MBA, CPSM/CPM "Experience Required: 5 years in Sourcing & Category Management, with 80% in Global sourcing 1) Expert in MS Excel, PowerPoint and proficiency in Power BI. 2) Ability to work independently and manage multiple priorities. 3) Participate in continuous improvement of third-party risk management frameworks, assessment templates, and governance models. 4) Strong understanding of sourcing analytics, contract law, and supplier performance metrics. 5) Proficiency in procurement software and digital workflow platforms. 6) Use benchmarking and should-cost modeling to identify savings opportunities." "1) Negotiation and contract management 2) Supplier evaluation and relationship management 3) Cost analysis and market research 4) Project management and multitasking, ability to handle complex problems 5) Excellent communication and stakeholder management 6) Strategic mindset 7) Significant decision making impact "
Roles and Responsibilities: 1) Support execution of sourcing projects independently, including all key steps such as strategy development, supplier negotiation, award recommendations, business case presentations, and supplier contract execution, leveraging an Agile approach to drive efficiency in execution 2) Help create industry and supplier research, market intelligence, and financial analyses for the client. 3) Support the development of market insights from cross-client sourcing activity and collaborate with various category advisors to develop content that enables knowledge sharing across the organization. 4) Pursue and develop client stakeholder relationships within the assigned accounts, support reporting, and team management. 5) Work with the legal and technical teams to facilitate the negotiations of the legal and technical terms in a contract. 6) Negotiate and close the contract with advice from legal and technical/ business teams. 7) Possibility to identify and assess complex problems for area of responsibility. Creates solutions in situations where analysis requires an in-depth evaluation of variable factors. 8) Adherence to the strategic direction set by senior management 9) Interaction with senior management at a client and/or within Accenture involving matters that may require acceptance of an alternate approach. 10) Opportunity Assessment: Evaluate sourcing opportunities for tactical buys, ensuring alignment with category strategies and procurement policies. 11) Data Collection & RFx Preparation: Develop sourcing work plans, create data packages, and populate RFx templates for tactical purchases. 12) Supplier Identification & Pre-Qualification: Identify potential vendors using internal databases and market research; conduct pre-qualification checks. 13) Negotiation & Contracting: Execute RFx processes, negotiate pricing and terms, and ensure compliance with technical and commercial requirements.