Mid-Level

Procurement Analyst

Bengaluru, India · On-site

The driving force behind our success has always been the people of AspenTech. What drives us, is our aspiration, our desire and ambition to keep pushing the envelope, overcoming any hurdle, challenging the status quo to continually find a better way. You will experience these qualities of passion, pride and aspiration in many ways — from a rich set of career development programs to support of community service projects to social events that foster fun and relationship building across our global community.

The Role

Your Impact

Lead competitive sourcing events including RFQs, bid analysis, and supplier selection.
Negotiate pricing, commercial terms, and delivery conditions with suppliers.
Develop purchase orders, contracts, and service agreements aligned with project and business requirements.
Ensure compliance with procurement policies, delegated authority (DOA), and governance standards.
Execute and manage the full procure-to-pay lifecycle from requisition to purchase order closure.
Monitor order status, expedite deliveries, and proactively manage schedule impacts.
Manage purchase order changes, deviations, and supplier acknowledgments.
Coordinate with Accounts Payable to resolve invoice discrepancies.
Maintain accurate and complete procurement data within ERP systems.
Serve as a primary point of contact for supplier and internal customer communications.
Build strong relationships with stakeholders to understand requirements and ensure service levels.
Support supplier performance monitoring and continuous improvement initiatives.
Collaborate with cross-functional teams, including logistics, finance, and project management.
Track deliveries and proactively communicate updates to stakeholders.
Support inspection, receiving, and reconciliation processes.
Develop and maintain procurement reports and dashboards.
Analyze spend data, supplier performance, and operational metrics.
Identify opportunities for cost savings, efficiency improvements, and process optimization.
Identify and escalate procurement risks and supply chain issues.
Ensure compliance with company policies, ethics standards, and regulatory requirements.
Support process improvement initiatives and procurement best practices.
Contribute to cost reduction and value creation initiatives.

What You'll Need

Bachelor’s degree in supply chain, Business, Finance, Engineering, or related field.
3–5 years of procurement, sourcing, or supply chain experience.
Experience supporting project-based or operational procurement activities.
Strong negotiation and commercial acumen.
Analytical mindset with the ability to interpret data and generate insights.
Effective communication and stakeholder management skills.
Strong organizational and prioritization abilities.
Problem-solving and decision-making capability.
Ability to operate in a fast-paced, global environment.
Experience with ERP systems (Oracle, SAP, JDE, etc.).
Familiarity with procurement or source-to-pay tools preferred.
Proficiency in Microsoft Office, especially Excel.
Experience with reporting or data visualization tools is an asset.
Purchase Order cycle time from requisition to PO issuance.
Number of purchase orders processed monthly or annually.
On-time delivery rate of goods and services.
Cost savings and cost avoidance achieved through sourcing activities.
Participation in supplier performance evaluation and improvement initiatives.
Internal customer satisfaction and responsiveness.
Adherence to procurement policies and delegated authority requirements.