Understanding the Procurement analyst role

A procurement analyst’s responsibility within a company is to support the operative, tactical and management roles with data and enable fact-based decisions. A strong analyst provide a high level of credibility to the procurement function.

The role must have a good understanding of  the key procurement processes, as Category management and Sourcing process, are essential.

Having a working technical knowledge of the goods or services being purchased is important for procurement analysts in order to facilitate the access to (for example) correct market price and connected cost break down ( including value and cost based pricing principles).

Preferable the Procurement analyst understand the market and connected driving forces which the company meet. 

Communication and presentation skills assure conversion of data to insights and decision support.

In this basic course you will get a general understanding of the Procurement analyst role.

Course content (25 minutes)

    1. Download the slides shown in the course

    2. The Responsibility of the Procurement analyst role

    1. "From data to ahaaaa!!"

    1. 7 pricing models

    1. Questions to help you verify that you meet the Learning Objectives.

    1. What have we learned.

    2. Reflection after the course

About this course

  • €20,00
  • 9 lessons
  • Basic level


Senior instructor. Fredrik Axelsson

Fredrik was born in Gothenburg on the Westcoast of Sweden where he earned his Master in Economics (1996) at Gothenburg University. Later Fredrik completed his Executive MBA (2003) at Stockholm Business school. Fredrik has experience from several companies: LM Ericsson, Solectron Sweden AB, Axelson Purchasing Resources AB, Saab AB and Alstom/GE before setting up Sourcing Partner in Summer 2017. During his career he has developed a broad experience within sourcing and procurement, holding roles from Operative Buyer to Sourcing Director via roles as Commodity manager and Business Development. Both in line organization and projects as consultant, owner and employee - in small and large business - in banking as well as manufacturing industry.

Next step

  • €40,00

    Digitization of Supplier onboarding process

    The course contain a introduction to digitized supplier onboarding, benefits / risks avoided and best practices.
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