US IT Procurement

Job Title: IT Sourcing and procurement Specialist

Job Location: Bangalore

Shift Timings: 5:30 PM to 2:30 AM IST (US Shift)

Job Summary

• The primary purpose of this role will be to lead and deliver enterprise-wide procurement and cost optimization opportunities, capturing cost reductions on Ascendion’s expenditures for indirect goods and services while assisting the Director, Global Procurement with procurement strategy, processes, and execution.
• The Strategic Sourcing and procurement Specialist will lead the planning and execution of strategic sourcing initiatives using a multi-step sourcing process for prioritized indirect spend categories within Corporate Services categories including but not limited to IT Hardware & Software.
• The Specialist will develop category specifications requirements and related scope of work that is consistent with the business requirements and Global Procurement strategy.
• She/He will conduct data gathering, spend analytics, and utilizes market intelligence to develop business cases and total cost of ownership models to assist the Business Units(BU) in delivering measurable cost savings and developing multi-year cost avoidance and reduction strategies while conducting analytics to measure and monitor savings achieved and ensure category compliance versus previously implemented procurement initiatives.
• She/He performs market data analysis and clean-sheet analysis for negotiations and supplier selection, analyse reports to suggest improvements to category strategies, and coach business users on supply and market analyses.
• The Specialist will lead evaluations through the development of RFQ, RFI and RFPs and participate in negotiations.
• This position will develop negotiation strategies based on supplier proposals and spend/RFP analysis and act as a contract negotiator within assigned categories.
• She/He will manage supplier selection process and provide data and recommendations to ensure informed selection decisions and develop and administer agreements and statements of work in collaboration with business and legal department.
• Additionally, this position will identify continuous improvement initiatives such as demand management and process improvements while monitoring supply market and identifying opportunities resulting from new product offerings and/or market shifts (e.g., entry or exit of suppliers, changes in pricing).

Qualifications

• Bachelors in finance, Economics, Supply Management or IT
• Minimum of 3 to 5 years of strong category (IT) and general procurement experience or have 3-5 years of hands-on IT systems knowledge with at least 1-2 years of vendor management.
• Experience leading all stages of a structured strategic sourcing process for indirect spend categories across multiple spend areas
• Knowledge of contract fundamentals
• Knowledge of principles, practices and trends in purchasing, procurement, and contract negotiations.
• Excellent math, analytical, problem solving and project management skills
• Strong interpersonal and excellent communication skills
• Demonstrated ability to work with suppliers
• Strong relationship management experience
• Self-starter with the ability to work independently with minimal supervision
• Ability to drive projects with a sense of urgency and perform in a fast paced organization with time sensitive deliverables
• Proficient in Microsoft Excel, PowerPoint, Word and knowledge of Procurement tools
• Ability to interact with all levels of Management
• Ability and willing to work flexible hours