IT Category Management
3 weeks ago
Notice Period - Immediate to 30 Days
Location - Mumbai Only
Must have experience in IT (Category Management, Hardware, Software, Vendor Management, Database Management, Datacenter)
Job Summary:
This role involves developing and implementing procurement strategies, negotiating with suppliers, managing supplier relationships, and ensuring that the organization's purchasing activities are cost-effective and aligned with company objectives.
Key Responsibilities:
Procurement Strategy and Planning:
- Develop and implement procurement strategies that align with organizational goals and objectives.- Analyze market trends and supplier performance to identify opportunities for cost savings and process improvements.- Create and maintain buying channels. Routing of PRs via. approved buying channels (Catalogs and Preferred Vendors)
Supplier Management:
- Identify, evaluate, and select suppliers based on quality, cost, delivery, and service.- Negotiate contracts and terms with suppliers to achieve favorable conditions.- Establish and maintain strong relationships with suppliers to ensure high levels of service and reliability.
Purchasing and Order Management:
- Oversee the purchasing process to ensure timely and accurate acquisition of goods and services.- Monitor and manage inventory levels to ensure optimal stock and minimize excess inventory.- Resolve issues related to procurement and supply chain, including discrepancies, delays, and quality concerns.
Contract Management:
- Draft, review, and manage contracts with suppliers, ensuring compliance with legal and regulatory requirements.- Monitor contract performance and ensure all terms and conditions are met.- Due diligence and timely contracts renewals.
Budget and Cost Control:
- Develop and manage the procurement budget, ensuring cost control and adherence to financial targets.- Conduct cost analysis and identify opportunities for cost reduction without compromising quality.
Compliance and Risk Management:
- Ensure procurement activities comply with organizational policies, legal requirements, and ethical standards.- Assess and manage risks related to procurement, including supplier risks and market volatility.- Run compliance checks on all free text PR (Purchase Requisition).- Perform QC/Auditing on the different Buying channels (BPA/CPA).
Team Management:
- Lead, mentor, and develop a team of procurement professionals.- Set objectives, conduct performance reviews, and provide training to team members.- Set and drive End-To-End vision of the overall P2P objectives and synergies with team.- Foster teamwork and collaboration through active team engagements and creating a culture of oneness.
Reporting and Analysis:
- Analyse the operational reports, review and present analytical insights on procurement activities / KPIs, supplier performance, and cost savings to senior management.- Utilize data and analytics to drive decision-making and continuous improvement.- Initiate appropriate actions with the client to drive higher efficiency, fectiveness, control to create value.
Stakeholder management:
- Handle inquiries from internal customers as well as from external vendors delivering professional, helpful, high-quality service and assistance before, during, and after the customer's requirements are met.
Qualifications:
- A Bachelor’s degree / Post Graduation with relevant certification Supply Chain Management or relevant certification (e.g., CPSM, CPPB) is preferred.- Experience in Banking / Banking products (Good to have)- Min. 6+ years of experience in procurement, with a proven track record in strategic sourcing and supplier management.- Process knowledge of Requisition management and Procurement support.- Comfortable working with high level instruction and can drive forward by owning tasks/work projects /delegated responsibilities- Good stakeholder relationship management.- Strong negotiation, communication, and interpersonal skills.- Outstanding communicator who can articulate complex concepts with key stakeholders across different levels in a manner that leads to desired outcome.- Problem solving ability. Ability to analyze data, identify trends, and make informed decisions.- Find opportunities to improve and streamline processes. Perform RCA and establish necessary controls.- Proficiency in procurement software and Microsoft Office Suite.- Strong organizational and project management skills.- Knowledge of legal and regulatory requirements related to procurement.
Working Conditions:
- Originally located in Mumbai or willing to relocate to Mumbai and work out of Client offices.
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