Short Description / Purpose of Job: Deliver strategic sourcing and economic intelligence to enhance decision-making and commercial performance. Analyze economic data, monitor market movements, and develop tools to optimize supplier negotiations. Act as a subject matter expert on price indices and market analysis.
Recruitment Description / Key Accountabilities:
- Analyze economic data and interpret trends to provide actionable insights.
- Develop customized tools to understand procurement costs and impact on spend base.
- Create price index models and utilize predictive analytics for sourcing optimization.
- Maintain a dashboard for sourcing intelligence and stay updated on industry economic factors.
- Establish sourcing intelligence frameworks and support knowledge retention activities.
- Ensure adherence to safety and risk management standards.
- Foster positive relationships with stakeholders to drive transparency in cost analysis.
- Continuously improve skills and knowledge through personal development plans.
Formal Education:
- University Bachelor's Degree (preferably B.Com Economics/Econometrics).
- Postgraduate relevant qualification is advantageous.
Min Experience:
- At least 10 years’ experience in an economic environment.
- Proficiency in economic indices and global commodity markets.
- Advanced MS Office (Excel, Word, PowerPoint) and SharePoint skills.
Certification & Professional Membership: None required.
Competencies:
- Business Acumen: Demonstrates a deep understanding of business profitability and market dynamics.
- Critical Reasoning: Applies logical and sensible thinking to evaluate complex issues.
- Problem Solving: Utilizes analytical skills and persistence to solve challenges effectively.
- Reporting: Prepares accurate reports by accessing and analyzing relevant information.
- Self-Mastery: Takes ownership of personal growth through self-awareness and continuous improvement.
