Associate (Procurement) - Performance Improvement CoE

Bain & Company

Sep 26, 2024

Applications are closed

Job
Full-time
Mid & Senior Level
Consulting
Data
Delhi

Requirements

Candidate should be a graduate/post-graduate with strong academic records and relevant experience in procurement, spend analysis, category management, cost transformation or performance improvement roles.
Procurement function, process, sourcing and Category specific experience is a Plus.
Graduate (preferably with degree in engineering / science / commerce / business / economics) with at least 3-5 years of relevant experience or an MBA/Post-Graduate with high academic records having 1-3 years of relevant experience.
Excellent analytical skills, communication skills (ability to deliver clear and professional presentations to senior stakeholders), team management and project management skills.
Demonstrated ability to work with MS Excel and PowerPoint.
Knowledge of visualization and tools such as Alteryx, Tableau, PowerBI (Python is a Plus).
Ability to deal with ambiguity, handle multiple tasks, dynamic case expectations and work in a team set up.
Effective communication skills and ability and deliver clear and professional presentations to senior stakeholders (Bain managers, partners, and clients).

Responsibilities

Work on problem solving, work-planning, analytics, research, and overall content to generate business insights and implications, deliver cases & deliverables. Role often requires leading a team of 1-2 analysts/ Workstream, based on case requirement. You will also help in developing intellectual property (IP), go-to-market materials, pitch documents and publications. The position reports into a Manager.
Own end to end case delivery of Performance Improvement projects related to Procurement / Cost Transformation. This includes the following:
Assist case teams across Bain’s ecosystem to analyze the problem and deploy the most appropriate tool/solution.
Understand client’s data using P&L, ERP Systems, budgeting systems, supplier databases and purchase order systems to design the solution.
Deliver procurement solutions across multiple fronts including spend analytics, savings lever design, supplier analysis, strategic sourcing, savings initiative design, among others.
Create dashboards-based deliverables using Alteryx, Tableau, PowerBI or similar analytical tools.
Utilize appropriate research sources and analytical tools to identify and employ relevant data-driven insights for effective decision-making.
Identify and use relevant analytical tools and internal repositories to extract information.
Communicate data, knowledge, and clearly explain insights and implications for the client to the entire team.
Effectively communicate with BCN leadership/case teams/end clients and manage relationships.
Demonstrate a strong ability to quickly grasp various business domains, conducting research and analysis across diverse geographies and industries with agility and efficiency.
Engage and ideate in developing new products/IP.
Deliver client ready documents containing implementable solutions.
Lead individual project work streams with the help of 1-2 directly aligned team members (analysts).
Willing to groom a team of analysts and support them as and when required.

FAQs

What is the role of an Associate in the Performance Improvement CoE?

The Associate will work on problem solving, work-planning, analytics, research, and overall content to generate business insights and implications. This involves leading a team of 1-2 analysts, delivering cases and deliverables, and developing intellectual property (IP) and pitch documents.

What qualifications are required for this position?

Candidates should hold a graduate/post-graduate degree with strong academic records and 3-5 years of relevant experience in procurement or 1-3 years for those with an MBA/Post-Graduate. A background in engineering, science, commerce, business, or economics is preferred.

What skills are essential for this position?

Essential skills include excellent analytical and communication skills, project management ability, proficiency in MS Excel and PowerPoint, knowledge of visualization tools such as Alteryx, Tableau, and Power BI, and the ability to handle ambiguity and manage multiple tasks.

Where is the position located?

This position is based in the Bain Capability Network's Gurgaon office in India.

Will the Associate work directly with clients?

Yes, the Associate will engage with clients and communicate insights and implications effectively to both the team and clients.

What type of projects will the Associate work on?

The Associate will work on Performance Improvement projects related to Procurement and Cost Transformation, which may involve spend analytics, savings initiative design, and supplier analysis.

Is there an opportunity for career growth in this position?

Yes, the role provides opportunities for growth through team leadership, engagement in developing new products/IP, and potentially grooming analysts.

How does Bain & Company support diversity and inclusion in the workplace?

Bain is recognized as a champion of diversity and inclusion, creating an environment that fosters collaboration and supports individuals from diverse backgrounds, including women, LGBTQ individuals, and parents.

What tools will I be expected to use in this role?

Candidates should be familiar with analytical and visualization tools such as Alteryx, Tableau, Power BI, and MS Excel, as well as data analysis techniques.

What is the structure of the team I will be working with?

The Associate will collaborate with case teams across Bain's ecosystem, working alongside 1-2 analysts and reporting to a Manager.

Bain & Company

Consulting

Industry

10,001+

Employees

1973

Founded Year

Mission & Purpose

Bain & Company is a global consultancy that helps the world’s most ambitious change makers define the future. Across 65 cities in 40 countries, we work alongside our clients as one team with a shared ambition to achieve extraordinary results, outperform the competition, and redefine industries. We complement our tailored, integrated expertise with a vibrant ecosystem of digital innovators to deliver better, faster, and more enduring outcomes. Our 10-year commitment to invest more than $1 billion in pro bono services brings our talent, expertise, and insight to organizations tackling today’s urgent challenges in education, racial equity, social justice, economic development, and the environment. We earned a platinum rating from EcoVadis, the leading platform for environmental, social, and ethical performance ratings for global supply chains, putting us in the top 1% of all companies. Since our founding in 1973, we have measured our success by the success of our clients, and we proudly maintain the highest level of client