At Lexmark International, we believe that innovation and efficiency are key to success. That’s why we’re seeking a highly skilled Procure To Record (P2R) Process Analyst with a specialization in Forecast to Pay and TEA to join our team. As a P2R Process Analyst, you will play a crucial role in optimizing our procurement processes and driving cost savings through accurate forecasting and efficient payment processing. We are looking for a detail-oriented and analytical individual who is passionate about streamlining processes and enhancing the overall performance of our organization. If you have a strong background in procurement and a proven track record of successfully implementing P2R strategies, we want to hear from you.
Develop and implement P2R strategies to optimize procurement processes and drive cost savings.
Conduct thorough analysis of procurement data to accurately forecast purchasing needs and identify potential cost-saving opportunities.
Collaborate with cross-functional teams to improve overall procurement efficiency and effectiveness.
Utilize TEA (Technology Enabled Analytics) to identify and resolve any discrepancies or inefficiencies in the procurement process.
Monitor and track key performance indicators related to procurement, such as purchase orders, invoice processing time, and cost savings.
Identify and implement process improvements to enhance the overall performance of the procurement function.
Ensure compliance with company policies and procedures, as well as any applicable laws and regulations related to procurement.
Train and educate team members on P2R best practices and provide ongoing support to ensure successful adoption of new processes.
Communicate with vendors and suppliers to negotiate contracts and payment terms that align with the organization’s goals and objectives.
Stay up-to-date on industry trends and advancements in P2R technology to continuously improve procurement processes.
Collaborate with finance and accounting teams to ensure accurate and timely payment processing.
Monitor and report on the performance of P2R strategies, providing recommendations for further improvements and optimizations.
Act as a subject matter expert on P2R processes, providing guidance and support to other team members as needed.
Contribute to the development and implementation of company-wide procurement policies and procedures.
Adhere to strict confidentiality and data security protocols to protect sensitive procurement information.
Where is this job?
This job is located at Cebu City, 6000 Cebu, Philippines
Job Qualifications
Knowledge Of Procure To Pay (P2P) Processes: The Process Analyst Should Have A Thorough Understanding Of The P2P Process, Including Forecasting, Purchasing, Receiving, And Paying For Goods And Services. This Includes Knowledge Of Relevant Systems And Tools Such As Erp Software, Procurement Platforms, And Invoice Processing Systems.
Experience With Forecasting And Demand Planning: The Ideal Candidate Should Have Experience With Forecasting And Demand Planning In A Procurement Context. This Includes Analyzing Historical Data, Identifying Trends, And Using This Information To Make Accurate Predictions For Future Purchasing Needs.
Strong Analytical Skills: The Process Analyst Should Possess Strong Analytical Skills, With The Ability To Collect And Analyze Data, Identify Areas For Improvement, And Make Data-Driven Recommendations For Optimizing The P2P Process. This Includes The Ability To Use Tools Such As Excel, Tableau, Or Other Data Analysis Software.
Attention To Detail: In A P2P Role, Accuracy Is Essential. The Process Analyst Should Have A Keen Eye For Detail, Ensuring That All Data And Information Is Entered Correctly And That All Processes Are Followed Accurately. This Includes Strong Organizational Skills To Manage Large Amounts Of Data And Documentation.
Communication And Collaboration Skills: The Process Analyst Will Need To Work Closely With Various Stakeholders, Including Procurement Teams, Finance, And Vendors. Excellent Communication And Collaboration Skills Are Crucial To Effectively Gather Requirements, Align Priorities, And Implement Changes To The P2P Process. This Includes The Ability To Present Complex Information In A Clear And Concise Manner.
Required Skills
Project Management
Vendor Management
Data Analysis
Supply Chain Management
Contract Negotiation
Inventory Control
Process Optimization
Budget Forecasting
Cost Reduction
Invoice Reconciliation
Purchase Order Processing
Soft Skills
Communication
Conflict Resolution
Leadership
Time Management
Interpersonal Skills
Creativity
Critical Thinking
Teamwork
Adaptability
Problem-Solving
