Associate (Procurement) - Performance Improvement CoE

Bain & Company

Jan 6

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 primary focus of the Associate (Procurement) role at Bain & Company?

The primary focus of the Associate (Procurement) role is to assist case teams with cost reduction and optimization activities related to procurement, supply chain, and performance improvement projects.

What qualifications are required for this position?

Candidates should have a graduate degree, preferably in engineering, science, commerce, business, or economics, with at least 3-5 years of relevant experience or an MBA/Post-Graduate with 1-3 years of relevant experience.

Are there specific skills that are essential for success in this role?

Yes, essential skills include excellent analytical abilities, communication skills, proficiency in MS Excel and PowerPoint, knowledge of visualization tools such as Alteryx, Tableau, and Power BI, and the ability to manage multiple tasks and work in a team environment.

What kind of experience is considered a plus for this position?

Experience in procurement functions, spend analysis, category management, and cost transformation or performance improvement roles is considered a plus.

Will I have the opportunity to lead a team in this role?

Yes, the role may require leading a team of 1-2 analysts or workstreams based on the requirements of various projects.

Is there potential for career development within the Performance Improvement Centre of Expertise?

Yes, there is significant potential for career development, including opportunities to groom and mentor analysts and contribute to the development of intellectual property.

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

Bain & Company strongly emphasizes diversity and inclusion, consistently being recognized as one of the best workplaces for diversity, women, LGBTQ individuals, and parents, fostering an environment where all employees can thrive.

What is the reporting structure for this position?

The position reports to a Manager within the Performance Improvement Centre of Expertise.

Are there opportunities to engage in developing new products or intellectual property in this role?

Yes, Associates are encouraged to engage and ideate in developing new products and intellectual property related to performance improvement solutions.

What tools or technologies will I be using in this role?

In this role, you will use analytical tools such as Alteryx, Tableau, Power BI, as well as data from P&L, ERP systems, and supplier databases.

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