Job Description

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Associate Analyst - Sourcing

Category: Procurement

Location:

Bangalore, Karnataka, IN

Department - Business Insights and Sourcing

Does your motivation come from challenges and working in a dynamic environment? Do you thrive in a working environment where close collaboration with key stakeholders and strategic alignment is essential? Do you have a can-do attitude with continuous improvement as one of your career objectives? Then we might have the right position for you. Apply now and join a growing team, working in an international environment.

About the Department

The purpose of this position is to support Novo Nordisk - India Procurement in three areas of the Procurement activities, namely Tactical Sourcing, Spot Buy, and Procurement Operations. In this position, the incumbent will work in a matrix organization structure having a solid line reporting to Finance GBS (Global Business Services), Procurement - Business Insights & Sourcing and dotted line to the India Procurement Head. Business Insights and Sourcing, team is overall responsible for supporting procurement team with End-to-End Sourcing Project Support, ESourcing, spend analytics, Supplier management, Contracting, Reports and Dashboards.

The Position

As an Associate Analyst -Sourcing (Tactical Sourcing, Spot Buy, P2P) the key responsibilities are:

Sourcing: Driving & manage multiple tactical sourcing projects for the indirect spend areas (Printing, Marketing etc.). Conducting spot-buy for the purchase orders received by the stakeholders. Strong negotiation and communication skills, with a track record of successful vendor management. Proficient in data analysis and utilizing sourcing-related software/tools. Solid understanding of source to contract processes, market dynamics, and sourcing toolbox (RFI/RFP/RFQ).

Procurement Operations: Assessing the cart requisitions and approving the purchases after validation on Coupa. Compilation and reporting of different process related KPIs (GR/IR compliance, open POs, contract and PO coverage, etc.) at regular intervals. Assessment of procurement policy compliance status and approvals workflow. Driving and publishing monthly operations/compliance dashboards.

• Procure to Pay: Understanding of procurement processes, vendor onboarding, and payment procedures to process PRs.
• Order management - conversion of PR to PO, support on PO amendments/closure
• Familiarity with procurement tools - Coupa and financial management system (ICE). Invoice block resolutions.
• Collaborate with the AP team in facilitating the on-time payment through review and action on the blocks.
• GR/IR - timely review and action on managing the imbalance through collaboration with end users & suppliers. Manage local procurement policies pertaining to reporting and governance.

Qualifications

• Bachelor\'s degree from a reputed university.
• 4-6 years of experience in sourcing and procurement.
• Prior experience in tactical sourcing, spot buy, procurement operations and P2P
• Daily Interactions with the stakeholders/business to understand the criticality of the requirements.
• Demonstrated ability to construct and manage RFIs/RFPs/RFQs to drive supplier selection processes.
• Strong analytical and problem-solving skills and ability to synthesize & communicate data driven insights.
• Proficiency in Excel, PowerPoint, and Power BI.
• Experience in COUPA or other procurement tools for ESourcing, Contract management & procurement functions will be an advantage.
• Knowledge of relevant legal and ethical procurement practices and regulations.

Working at Novo Nordisk

We are a proud life-science company, and life is our reason to exist. We\'re inspired by life in all its forms and shapes, ups and downs, opportunities, and challenges. For employees at Novo Nordisk, life means many things - from the building blocks of life that form the basis of ground-breaking scientific research, to our rich personal lives that motivate and energise us to perform our best at work. Ultimately, life is why we\'re all here - to ensure that people can lead a life independent of chronic disease.

Contact

To submit your application, please upload your CV online (click on Apply and follow the instructions).

Apply Now!

Deadline

2nd November 2023

We commit to an inclusive recruitment process and equality of opportunity for all our job applicants.

At Novo Nordisk we recognize that it is no longer good enough to aspire to be the best company in the world. We need to aspire to be the best company for the world and we know that this is only possible with talented employees with diverse perspectives, backgrounds and cultures. We are therefore committed to creating an inclusive culture that celebrates the diversity of our employees, the patients we serve and communities we operate in. Together, we\'re life changing.

Novo Nordisk