Lead - Procurement

1 week ago


Bengaluru, Karnataka, India Ola Electric Full time
Job description


We are looking for Lead - Procurement to join the Central Procurement team and lead for all Tech & IT Indirect & direct purchases (Software, Hardware & Cloud).


To ensure success, a person should possess experience in the IT & Tech: HW & software procurement, Stay ahead of industry trends, market conditions, and emerging technologies to create procurement strategies.

Procure to Pay cycle, contract management, in-depth Procurement knowledge and stakeholder management.

The Senior manager will however need to be; passionate, agile, committed to continuous development and a progressive career in procurement.


Responsibilities:

  • Lead and manage direct & Indirect procurement, covering essential goods and services procured directly from manufacturers, distributors, or authorized resellers, focusing on securing competitive prices, consistent quality products, timely deliveries, and reliable partnerships.
  • Facilitate annual budget allocation, spending reviews, accountabilities, forecasting exercises, and variance analyses across direct and indirect procurement streams to enable better resource allocation, informed decisionmaking, enhanced controls, improved compliance monitoring, and proactive risk mitigation.
  • Lead, mentor, and inspire a team of procurement professionals and Foster a collaborative and highperformance culture within the team and lead by example
  • Develop and implement comprehensive IT&Tech procurement strategies aligned with organizational goals.
  • Conduct supplier negotiations and gather price profiles
  • Liaise with the stakeholder community understand what they need from the Procurement team, Preparing costbenefit analysis to assess the need and evaluate possible options.
  • Monitor and reduce annual category spend by utilizing multiple levers of unit rate negotiation, value engineering and scope optimization.
  • Track and communicate savings achieved from cost reduction initiatives.
  • Develop partnership relationships with suppliers meet, negotiate and review performance.
  • Investigate and suggest new vendor partners, monitor, record and drive improved performance from suppliers.
  • Suggest rationalization of supplier base with appropriate derisking and value addition.
  • Ensure adherence to legal and regulatory requirements in IT procurement activities.
  • Improve procurement processes and ensure adherence to procurement policies/governance.
  • Staying uptodate on the latest process and Technology advancements to automate and modernize systems. Conducting meetings and presentations to share ideas and findings.
  • Review contracts ensuring compliance around pricing, payment terms, volume commitments, rebates, etc.
  • Support risk management assessment relating to supplier vulnerability, sourcing options, and material availability.

Requirements:

  • Bachelor's degree in Engineering ( IT/CS/Telecommunications) plus an MBA or equivalent degree in supply chain management
  • 10+ years of experience in Direct & Indirect procurement + Tech ( Cloud, Maps, Engineering, Design and Simulation Licenses) and IT procurement experience in a consumer centric industry.
  • Proficiency in Excel and Google Sheets.
  • Advanced Negotiation skills.
  • Excellent relationship building, interpersonal and communication skills.

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