Procurement Analyst

Job Summary:

Collects information, inputs, data from various sources and conducts analysis/simulations to support or report sourcing work. Analyzes sourcing information and presents findings for process improvement and cost reduction while maintaining high quality product and/or service delivery. Supports sourcing processs and or may source assigned items and executes buying strategies in accordance with agreed sourcing strategy at the optimum cost. Supports and or leads some "special" projects within the team category scope. Super User/Subject Matter Experts (SME) for systems and tools to support the team

Key Responsibilities:

Procures inventory, supplies, and capital goods; places purchase orders with vendors. Analyzes sourcing and procurement initiatives and processes in support of the delivery of cost effective and high quality goods and services. Supports providing the Value Capture Summaries at month and quarter ends. Prepares and presents recommendations of improvement opportunities and alternative courses of action to senior procurement/sourcing leaders. Consistently applies sourcing policies, procedures and processes. Supports procurement/sourcing management in activities such as price benchmarking, vendor management, process analysis, market and industry research, and model building. Conducts minor contract negotiations. Gathers information and provides input on larger contracts. Manages loading and retrieving of legal and compliance documents into applicable storage systems to support regulatory, audit and research activities. Assists in the process of interviewing and evaluating sales representatives and vendors. Supports Six Sigma projects through active team membership or provision of data and market intelligence. Interacts with suppliers with regard to payments and order fulfillment. Procures services and goods, inventory, supplies, and capital goods (CIP) Compiling and managing Ariba IACs (Invoice against Contracts) - (CIP) Low complexity /risk sourcing work and contract development under supervision

Key Responsibilities Role Description
Data Stewardship, A proactive analytics professional who combines:
Procurement and manufacturing domain expertise, Advanced Excel (Power Query, Power Pivot, VBA/Macros, complex formulas)
Power BI dashboard development and data modeling
Power Automate workflow creation and automation
Data analytics and visualization
Market intelligence and commodity analysis
Strong stakeholder management and communication skills
Developing and maintaining automated reports, dashboards, and analytics tools.
Supporting Stakeholder Data Requests Quality verification: Build a Data automation solution that helps procurement organization to get meaningful insights.
Shall demonstrate Quick in decision making ability and manage Business Continuity.
Continuous Improvement Mindset: Identifies inefficiencies, proposes innovative solutions, and implements process enhancements. Build automations, enhance systems and create dashboards to deliver efficient outcomes
Proactively monitor procurement systems, identify issues, and drive corrective actions to ensure uninterrupted operations.
Document and share best practices, lessons learned, and improvement initiatives across procurement teams.

Basic Competencies Needed
Stakeholder Customer Engagement - Builds strong relationships with sourcing teams, suppliers, and internal stakeholders, ensuring a smooth and customer-centric task execution
Escalation Conflict Management - Handles escalations calmly, resolves conflicts effectively, and ensures minimal business disruption.
Collaboration Teamwork - promotes teamwork, facilitates brainstorming, and drives collective problem-solving across teams.
Analytical System Expertise - Strong data management skills with accuracy, and automation building expertise, Attention to details.
Uses data-driven insights to address supplier data challenges and optimize processes. ability to interpret trends, risks, and improvement areas.
Leverages data-driven insights and demonstrates strong proficiency in procurement systems (SAP/Oracle/Ariba), dashboards, and automation tools (Power BI, Power Automate, Excel Macros, SQL).
Continuous Improvement Agility - Identifies process inefficiencies, drives innovation, adapts to change, and delivers enhancements with resilience and a solution-oriented mindset.

Experience (Source-to-Pay / Procurement)
5-6 years of experience in managing/analyzing Procurement data. Hands on experience with Strong BI and visualization tool usage, Building Power Platforms, Ability to quickly build scalable low-code/no-code business solutions
Exposure to cross functional collaboration
Familiarity with ERP systems (SAP/Oracle/Ariba or equivalent) for supplier data handling.
Exposure to end-to-end Source-to-Pay processes including supplier qualification, onboarding, contract management, and payment cycles.

Educational Background
Bachelor s degree (B. E. /B. Tech. ) in Engineering, Business, or related field.
Master s degree (MBA or equivalent) preferred, with specialization in Supply Chain, Operations, or Procurement.
Additional certifications in Procurement, Project Management (PMP/Prince2), or Data Analytics would be an advantage.

Other -
Work Location: IOC-Pune, India
Shift Timing - Afternoon (EMEA) shift (12:30pm-09:30pm IST)
Working Mode: Hybrid / On site with Flexibility

Competencies:
Action oriented - Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.

Balances stakeholders - Anticipating and balancing the needs of multiple stakeholders.

Business insight - Applying knowledge of business and the marketplace to advance the organization s goals.

Communicates effectively - Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.

Manages conflict - Handling conflict situations effectively, with a minimum of noise.

Data Analytics - Discovers, interprets and communicates qualitative and quantitative data; determines conclusions relying on knowledge of business or functional frameworks; simultaneously applies statistics, data validity, data visualization, and problem solving approaches to effectively extract meaningful patterns and business insights; presents conclusions and outcomes that enable data driven business decisions.

Confidential Disclosure - Protects Cummins confidential information by using the appropriate channel of communication and ensures that Confidential Disclosure Agreements are in place with all suppliers that Cummins interacts with to protect Cummins Confidential Information and to ensure that the suppliers confidential information is not misused or disclosed in any manner.

Cost and Value Management - Establishes and controls product and service costs using functional tools to deliver and track product and services at competitive prices. Ensures competitiveness of Cummins products in our markets while preserving desired margins. Utilizes Total Cost Opportunity (TCO) model methodology.

Procurement Ethics - Avoids supplier engagement that may compromise supplier sourcing, selection, and management processes and seeks counsel to ensure compliance.

Procurement Policies, Procedures, Tools - Understands all of the relevant Procurement policies and procedures and complies with them in daily work; Masters all tools required to conduct procurement work. Knows how to access documents in the appropriate Document Management System (DMS) and/or who to ask if clarification or expansion of the information contained in each document is needed.

Procurement Systems - Recognizes linkage to multiple systems such as purchasing order, payment, engineering release, and quality systems; troubleshoots and corrects issues resulting from data issues; writes ad-hoc reports using tools within each application; identifies and documents work flows and system testing; actively participates in implementation process of new purchasing systems including requirements gathering, design, communication, and training.

Source to Pay Principles - Leverages key principles of the Source to Pay process to smoothly execute sourcing decisions, order placement, material/service acquisition and on-time payment of Suppliers.

Sourcing - Utilizes the purchasing functional system to support the Request For Quote process and establish a Total Cost of Ownership comparison of suppliers based on the category strategy and define the supplier that is most likely to meet Cummins and customers needs.

Supply Base Risk Management - Minimize supplier risk to Cummins by proactively mitigating risks through use of risk analysis tools and risk mitigation playbook to manage three key risk: 1) Continuity of Supply, 2) Reputational Risk, and 3) Risk to our Margins of parts. By minimize disruption and services throughout supply chain. Manage and leverage supplier selection and dual sourcing opportunities as a first line of defense against supplier risk.

Values differences - Recognizing the value that different perspectives and cultures bring to an organization.

Education, Licenses, Certifications:
College, university, or equivalent degree in field appropriate for the function required or equivalent experience required.
This position may require licensing for compliance with export controls or sanctions regulations.

Experience:
College, university, or equivalent degree in field appropriate for the function required or equivalent experience required.
This position may require licensing for compliance with export controls or sanctions regulations.