Executive Procurement

Requisites

• Education: Bachelor’s Degree in IT / B.E / B.Tech or BBA
• Experience (years): 2 to 3 years

Industry / Technology

background: IT

Location: Bangalore

Working Hours: 1pm to 9.30pm

Pre-employment checks

Role Summary

Responsibilities: 1. Procurement Operations: · Create PRs, POs, etc in SAP and act as an administrator for procurement applications and mailbox. · Conduct market research and analysis to identify emerging trends, technological advancements, and cost-effective alternatives for procurement. · Collaborate with stakeholders to understand their requirements and provide strategic guidance on procurement decisions. · Develop and maintain relationships with stakeholders and suppliers to ensure the availability

of high-quality products and services at competitive prices.

1. Cost Optimization and Savings: · Identify opportunities for cost savings and negotiate favorable terms and pricing with vendors. · Evaluate existing contracts and agreements to identify areas for optimization and renegotiation. · Research and recommend alternative solutions and products that are more cost-effective while meeting quality and performance requirements. · Develop and implement initiatives to reduce maverick spend and drive overall procurement savings.
2. Team Work and Collaboration: · Foster a collaborative and results-oriented work environment, promoting effective communication and teamwork. · Ensure timely and accurate completion of procurement activities, including RFQs, RFPs, and contract negotiations. · Collaborate with cross-functional teams, including IT, finance, and legal, to streamline processes and drive efficiency.
3. Compliance and Risk Management: · Ensure compliance with company policies, procedures, and regulatory requirements during the procurement process. · Identify and mitigate procurement-related risks and implement appropriate controls. · Stay updated on industry regulations and best practices related to IT procurement.

Qualifications: · Bachelor's degree in Business Administration, Supply Chain Management, Engineering or a related field. · 2-3 years of experience in procurement is preferable. · Knowledge of the IT industry, hardware and software including the latest technological developments, emerging trends, and market dynamics would be an advantage. · Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.

Desirable

• Technologies Hands-on Experience (Years) Priority Desirable Tech 2 Desirable Tech 3 Desirable Tech 4 Desirable Tech 5 Desirable Tech 6
• Overall Project/Task description
• A junior candidate who has experience in global procurement/sourcing and has good
• knowledge of SAP MM. He/She will be working as an Executive, Must be fluent in English-
• writing and oral skills.