Purchasing Analyst jobs
The procurement operation of any company will play a huge part in its costs, and therefore its profits and stability, so it is not something that can be left to chance. The purchasing analyst will be in charge of gathering data from various sources within a company and using the data to create precise performance charts to be viewed by key decision makers within the company. The quality of forecasting and the ability to spot areas where major savings can be made will be at least partly dependent upon the ability of the purchasing analyst to glean the most appropriate data from what could be a highly complex set of statistics.
The role will involve two very different but equally important lines of communication open: with people and with the digital resources. They should form close relationships with every manager and buyer who has direct contact with the materials or goods that are part of his or her remit in order to get a better feel for the direction the purchasing operation is taking and catch wind of any plans for the future that could affect the business, as well as to find out how any plans that have stemmed from their own analysis are going.
The digital channels will be the conduits to the raw data on which he or she will be basing the analysis, and thus a full understanding of the system(s) being used will be required. All members of the purchasing team and the purchasing analyst should be fully synchronised when it comes to using the computerised systems, and the analyst should be able to access any critical information held in them.
The skills required
Much of what the purchasing analyst does will be carried out at the computer, so he or she should be extremely competent at computing, particularly in extracting data from disparate sources and manipulating them to create meaningful analytical calculations. They should also be able to represent these data in clear ways, be it in figures and tables or graphically, using slide presentations and such like.
The whole range of interpersonal skills will be required to do the job effectively, so purchasing analysts will need to be as good at listening and absorbing information as they are at relaying their calculations and findings to the relevant parts of the company. On their data much of the company’s finances rest, so just as important as the accuracy of the figures will be the ability to clearly communicate them.
Purchasing Analyst Jobs in Colchester
One of the UK's fastest growing towns, Colchester is located in Essex, approximately 60 miles from London and 30 miles from Stansted Airport. A popular choice for those who choose to commute to the capital for work, Colchester also offers a variety of Purchasing Analyst opportunities within its local area.
Colchester is often called the oldest town in Britain, and its market is also one of the oldest in the country. It was granted its first royal charter in 1189 and by the end of the 14th century, it had become an important location for the manufacture of woollen cloth.
Further growth of the textile industry occurred in the late 16th century when Flemish weavers immigrated to the area, bringing with them new methods of cloth making.
With the start of the Industrial Revolution, Colchester's economy began to expand and was no longer based on textiles alone. In 1865, Standard Ironworks was started by James Noah Paxman - this would later become Paxman Diesels.
From the beginning of the 20th century, the textile industry began to decline. These days, the town's economy has shifted away from agriculture and industry, and has moved towards the service sector, although a number of manufacturing facilities still exist in the area.
Many of the top employers in modern Colchester are in the public sector, including Colchester Borough Council, the University of Essex and the local NHS trust.
The IT sector also provides a number of jobs and so does the financial industry. Meanwhile retail is one of the fastest growing sectors in the area.
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Cast UK’s procurement opportunities
Cast UK were founded by specialists in the fields, and our consultants are all from these backgrounds too, so we have in-depth knowledge of what employers and candidates are looking for. Employers come to us to find candidates because they’re confident that we’ll help them find the most appropriate managers and executives.
If you’re moving house, please see if there are any positions available in the area you’re moving to; and if you’re simply looking for more fulfilment in your working life, there could be an employer looking for the skills you have. Cast UK have jobs all over the UK, so we are well placed to find you work in logistics, procurement or supply chain wherever you are located or plan to locate.
When we have your details, we’ll be able to start matching you with positions as soon as they arise, so do get in touch if you’re looking for a job in procurement.
To find out more about how Cast UK can help you recruit a Purchasing Analyst for your business or find you a job as a Purchasing Analyst then contact one of our consultant team on 0333 121 3345.
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