Lead - Procurement

1 month ago

Bengaluru, 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 decision-making, enhanced controls, improved compliance monitoring, and proactive risk mitigation.
  • Lead, mentor, and inspire a team of procurement professionals and Foster a collaborative and high-performance 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 cost-benefit 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 de-risking 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 up-to-date 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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