Market Intel Analyst

Role overview

Market Intel Analyst at Lowes India

Proficiency in Microsoft Excel and PowerPoint .

This position is focused on providing market research, reports/analytics, insights and intelligence as required.

Responsibilities

• Required Minimum Qualifications.
• Bachelor’s degree.

Preferred qualifications and skills

• Secondary Skills (Preferred) .

Employment details

• Location: Bengaluru [Karnātaka] [India]

Additional role details

• The primary purpose of the Market Intel Analyst role is to execute and support Market Intelligence projects.
• The individual is expected to work in conjunction with Enterprise Strategic Sourcing category leaders & teams and with Market Intel leaders.
• Does external secondary research for various Category owners and recommends benchmarks based on the external market, internal spend, key metrics and contractual data.
• Owns specific Market Intelligence trackers/dashboards – category, supplier, regional, etc.
• Ensures they are refreshed on time and insights are delivered to respective stakeholders.
• Pulls and analyzes data associated with historical/current spend to support market intelligence, benchmarking and category research as required.
• Supports Market Intelligence analysis across categories – both reactive and proactive.
• Consolidates data for key metrics reporting and Market Intelligence deliverables.
• Supports data modelling and enrichment exercises required for Market Intelligence and benchmarking.
• Increases accuracy of data used for Market Intelligence analysis and reporting.
• Supports supplier intelligence, including vendor financials, ISG (Information Security Group) analysis and ESG (Environmental, Social and Governance) data analysis.
• Supports Market Intelligence tools, processes and ways of working as assigned.
• Follows up with stakeholders and communicates key market, supplier and category insights/changes.
• Supports configuration and enhancement of Market Intelligence tools and solutions.
• Helps reduce turnaround time of Market Intelligence research, analysis and reporting.
• Education Qualification & Certifications.
• Bachelor’s degree in Business, Engineering, Science, or related field, or equivalent years of experience in lieu of education requirement, if applicable . 3 years of business experience .
• Proficiency in market research and data analysis .
• Proficiency in data collection, collation, analysis, and visualization .
• Proficiency in collaboration and communication .
• Proficiency in data visualization tools such as Power BI .
• Working knowledge of procurement and sourcing tools .
• Basic knowledge of AI and its applications in research and analysis .
• Exposure to sourcing and procurement .
• Cost optimization experience.