Procurement data analyst
In manufacturing, transport and retail, the efficiency of the procurement operation is key to the success and profitability of the business. Delays in delivery, excessive costs, overly complex supply chains and unreliable routes and carriers are just some of the factors that can add up to large outgoings and lost customers.
The procurement data analyst uses powerful analytic tools and their own experience in the field to monitor procurement data and to spot disadvantageous trends, bottlenecks and other evidence of poor performance and offer fixes for them through the use of data. The procurement analyst’s findings and recommendations will be used at board level to decide upon the choice of suppliers or to negotiate new deals that offer better value for money. Where optimum or excellent performance are identified, that data too can be fed back to amplify good practices.
The skills required
An analytical mindset will be a key component of the successful procurement data analyst
candidate, alongside a good working knowledge of the procurement landscape in the relevant sector. It’s likely that you’ll be using an array of analytical software, from big name ERPs to bespoke solutions, but in many cases your most important skill will be a deep working knowledge of Microsoft Excel and its many advanced functions.
Since your data and interpretation will be used to potentially make decisions worth millions, you’ll need to be able to identify and isolate the low hanging fruit as well as the more subtle improvements, and make compelling presentations about benefiting from it, while having the receipts in reserve to justify your decisions.
Procurement data analyst Jobs in Newcastle upon Tyne
Newcastle upon Tyne has long been an important location in Britain. During Roman times, a fort called Pons Aelius was erected and served as the eastern end of Hadrian's Wall, while the Duke of Normandy built a castle here in 1080.
In the Middle Ages, Newcastle was a fortress on the northern border during the wars against Scotland. By the 16th century, the area had become known for its coal production. The city enjoyed a monopoly on shipping the fuel and thus created a rivalry with other nearby towns like Tyneside and Sunderland.
Printing, glassworks and shipbuilding were a big part of the city's economy as the Industrial Revolution took hold. Then, 19th century innovations such as safety lamps, improved milling techniques, electricity generation and light bulbs paved the way for the city's prosperity.
Of course, you can't forget one of Newcastle's most beloved products: Newcastle Brown Ale. Also known as Newkie Broon, this drink first went into production in 1928 and has been a favourite beverage ever since. Production, however, has been moved to North Yorkshire.
Today, the Tyneside conurbation is among the 10 most populous in the UK, making it a good choice for those seeking new Procurement data analyst vacancies.
Heavy industry has declined over the last 50 years, to be replaced mainly with retail and the service sector. Just some of the many companies that are headquartered or have regional offices in the city include Greggs the baker, the Go-Ahead Group, Northern Rock, Proctor & Gamble UK and Sage, an enterprise software company.
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Procurement data analyst jobs in your area
Are you a procurement data analyst who fits the bill, with the skills and experience top companies are looking for? Cast UK should be your first stop, as this is one of our specialist recruitment areas – one we’ve been working in since our founding days. Register your interest via the link below today.
If efficient procurement is important to your company and you need the best talent available, Cast UK can help you find great procurement analysts to take you to the next level. Just call us on 0333 121 3345 today and we can start looking for the candidate who meets all your requirements.
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