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59 International Flavors & Fragrances Jobs

Procurement Analyst

6-8 years

Hyderabad / Secunderabad

1 vacancy

Procurement Analyst

International Flavors & Fragrances

posted 5mon ago

Job Description


  • First point of contact for the Buyers, Sites Suppliers.
  • Provide support in managing end to end documentation and administration activities to all stakeholders.
  • Execute and provide transactional support to strategic buying team (system process support).
  • Create, amend and maintain purchasing documents in IFF tools systems.
  • Creation and management of Catalog.
  • Analyze business requirements and identifies reliable suppliers to meet business requirements.
  • Participate support in the development of sourcing strategies.
  • Look for saving opportunities and productivity gains, which may include working with Improvement Leaders and Service Center personnel.
  • Looks for alternative sources, through individual research, past data and working with other Buyers, Sr. Buyers, and Executive Buyers.
  • Assist Vendor Master team in onboarding of new vendors or for changes in data.
  • Monitor and execute all transactions according to our internal controls and policies.
  • Effectively communicate and coordinate with internal and external stakeholders to assure timely supply of goods and services to clients.
  • Administration and reporting as necessary (from internal systems and external sources).
  • Liaise with regional and global buying teams, providing information analytical support in alignment with their goals on portfolio management and savings.
  • Drive continuous improvement / process optimization on specific areas of the RTP process.
  • Ensure SOX compliance
  • Perform a wide range of work requests that are assigned / requested by the Buy Team (Buyers group) using broader knowledge of Sourcing, Procurement Supply Chain via SAP Applications which includes:
    • Creation, Amendment, Renewal Management of Contracts/Agreements for the various commodities which involves working with Global Buyers, Suppliers to get need attributes etc.
    • Creation and amendment of Purchase Orders in line with company s policies guidelines.
    • Manage Buyer Work Requests (BWR).
    • Manage Spot Purchases for certain commodities under the approved threshold Sourcing the Supplier as per Company strategy, Receiving Quotations from Suppliers, negotiating with Suppliers on Price Payment Terms (as per process).
    • Evaluate and select suppliers in terms of quality, service, cost and capability.
    • Support buyers in supplier analysis and research data.
    • Expedite delivery of material to ensure suppliers deliver goods / services on time.
    • Handle Invoice Disputes and resolving the same to make sure Suppliers get paid on time / excess incorrect payments are not made.
    • Participate in Projects, SME Networks, Process updates, Best Practice Implementation.
Job Requirements
What you will need to be successful
  • Masters or Bachelors degree in Commerce / Finance or any other relevant discipline.
  • At least 6-8 years of experience in Global Procurement supporting Global operations and clients.
  • Sourcing experience and commodity knowledge is preferred.
  • Sound knowledge of SAP, SRM tools or other related ERP systems (Knowledge of Zycus preferred).
  • Good Interpersonal Analytical Skills.
  • Good working knowledge in MS Office applications.
  • Excellent verbal and written communication skills
  • Key connect between clients, suppliers and buyers, candidates must exhibit a high degree of professionalism and tact.
  • Negotiation knowledge
  • Contract Management knowledge
  • Procurement / Supply Chain process system knowledge.
  • Flexible to work in shift timings to support multiple regions.
  • Self-driven, results oriented with positive attitude towards changes and new challenges.

Employment Type: Full Time, Permanent

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What people at International Flavors & Fragrances are saying

Procurement Analyst salary at International Flavors & Fragrances

reported by 6 employees with 7-14 years exp.
₹8.9 L/yr - ₹13.7 L/yr
112% more than the average Procurement Analyst Salary in India
View more details

What International Flavors & Fragrances employees are saying about work life

based on 218 employees
64%
87%
53%
75%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

International Flavors & Fragrances Benefits

Health Insurance
Free Food
Free Transport
Job Training
Cafeteria
Team Outings +6 more
View more benefits

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