Job Description
- Matric/Grade 12.
- Bachelor’s Degree or Advanced Diploma in the follow:
- Finance or Accounting
- Economics
- Business Administration
- Statistics or Data Analytics
- Minimum 2-5 years’ experience in procurement price analytics
- Manufacturing or engineering experience advantageous
- ERP system knowledge
- Strong Excel and reporting skills
- Understanding of procurement policies and controls
- Ability to work under pressure
- Strong communication and problem-solving ability
- Effective cross-functional collaboration with Engineering, Aftermarket and Production teams.
- Ability to work independently, prioritise tasks, and meet deadlines
- Ethical and transparent behaviour at all times.
- Must be able to follow structured processes and respect cross
- functional boundaries.
- Strong administrative and organisational skills
- High attention to detail and data accuracy
- Analytical thinking
- ERP system proficiencyPrice & Cost Analysis
DUTIES AND RESPONSIBILITIES
- Analyse supplier pricing, cost breakdowns, and cost drivers
- Monitor price movements, inflation trends, and exchange rate impacts.
- Conduct price variance analysis (actual vs budget, current vs previous)
- Support supplier negotiations with pricing and cost insights
- Develop should-cost models and pricing benchmarks
- Maintain pricing models, dashboards, and reports
- Track savings, cost avoidance, and procurement performance
- Validate supplier price increase requests
- Support audits and pricing governance
- Support buyers and pricing analysts with data and administration
- Ensure adherence to procurement policies and controls
- Always adhere to the Code of Ethics with all purchases.
- Identifying cost-saving opportunities through alternative sourcing and vendor innovation.
- Analyse supplier pricing, cost breakdowns, and rate structures to ensure competitiveness and value for money
- Conduct total cost of ownership (TCO) and should-cost analyses to support sourcing decisions
- Identify pricing trends, cost drivers, and inflationary risks across categories
- Benchmark prices against market data, historical spend, and alternate suppliers
- Accuracy of procurement and supplier data
- Contract and pricing data integrity
- Compliance with BBEEE and regulatory requirements
- Audit outcomes related to procurement documentation
- Integrity of all upkeeping of current and relevant information
- Support negotiations by preparing detailed pricing models and savings scenarios
- Validate supplier quotes, tenders, and pricing adjustments for accuracy and compliance
- Monitor contract pricing, escalations, rebates, and index – linked increases
- Ensure pricing terms are correctly implemented in contracts and ERP systems
- Assist Management and the Procurement Team with any ad hoc projects and requests at all times.
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