Senior Procurement Specialist

2 weeks ago


Hyderabad, Telangana, India Cyient Full time

The role involves managing global IT procurement for products and services with a focus on cost reduction, cash flow management, vendor relationships, and process improvements. The individual will oversee the source-to-contract cycle, ensure SLA compliance, and develop procurement solutions while adhering to established policies and procedures.

Key Responsibilities:


• Shall include cost reduction, cost avoidance, cash flow management, Source to Contract cycle, SLA Compliance and process / system improvement


• Seasoned individual contributor for Global Procurement of IT Procurement related Products and Services


• Works under limited supervision for routine transactions related to source to contracting requirements


• Provides assistance and training to lower level associates


• Makes adjustments to contracting and procuring methods and independently develop solutions to procurement related problems


• Define and follow practices, procedures and policies to reach agreement with internal and external stakeholders


• Proven experience of working with IT vendors (Software, Hardware) and understanding of pricing methodologies, commercial terms and conditions, generally accepted commercial terms in relevant vendor eco-system


• Knowledge and experience of working on RFX (RFI/RFP/RFQ), ability to create RFx in line with business requirements


• Manage vendor relationships


• Prior experience of working with vendors in APAC, USA and Europe


• Contract drafting, red lining and negotiations with vendors.


• Excellent written and oral communication skills


• Excellent analytical skills


• 7-10 Years of experience in handling IT Procurements preferably in IT / ITES organization


• Graduate with MBA / CPSM / CIPS certifications preferred.



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