Senior Buyer
3 weeks ago
Job Title: Senior Buyer
Job Description:
The IT Procurement Executive will be responsible for managing and supporting all IT vendors, licensing, and maintenance agreements. This role involves building a portfolio of current IT vendors and handling the software procurement process for the ongoing review of IT vendors, licensing, and maintenance agreements.
Key Responsibilities:
- Vendor Management: Manage maintenance/service agreements across software and Software Services.
- Contract Analysis: Understand overall cost drivers in a contract and quantify them as value to be negotiated or structure it as a cost.
- Risk Management: Define accurate cash inflows of a deal, set penalties on failures, define deliverables, milestones, and ways to overcome probable risks in a contract.
- Market Analysis: Validate market trends in software licensing and submit innovative ideas to remodel the licensing metrics.
- Collaboration: Collaborate with IT Teams and other departments to negotiate terms with vendors, to mitigate risk and maximize price efficiencies.
- Invoicing and Payment: Work closely with IT and Finance departments to ensure that invoicing and payment occur on a timely and accurate basis.
- Contract Negotiation: Conduct negotiation of pricing to leverage volume purchasing and achieve highest cost savings.
- Agreement Monitoring: Proactively monitor when the terms of agreements are nearing expiration. Discuss on-going requirements with IT Management.
- Reporting: Develop and maintain central tracking and reporting mechanism for all contracts and agreements within the responsibility of IT Procurement ensuring annual renewals are completed.
Qualifications:
The successful candidate will be a self-starter, detail-oriented, and possess strong written and verbal communication skills. They should be customer service oriented and have the ability to interpret, review, and negotiate technology-related contracts.
- A bachelor's degree in business management, economics, commerce, supply chain management, or Computer Science.
- 10-12 years of IT Procurement/Sourcing support experience.
- Must have Software procurement licensing experience and related Software agreement and understanding in IT networks and infrastructure, data centre technology, end user, mobile, web and social media technology and terms.
- Excellent verbal and written communication skills, including the ability to explain technical contractual aspects to senior leaders within and external to the IT Organization.
- Excellent customer service, decision-making, and organizational skills.
This role requires a deep understanding of the IT vendor landscape, software licensing, and maintenance agreements. Experience in software procurement and contract negotiation is highly desirable.
Please note that this is a general job description, and the specific responsibilities and qualifications may vary based on your organization's needs.
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