Manager - Sourcing/Procurement
2 weeks ago
Position Overview:We are seeking a Sourcing Professional to manage procurement of marketing services, branding activities, IT hardware/software, and related services. The role involves developing vendor networks, negotiating contracts, ensuring cost efficiency, and maintaining compliance with company policies.The ideal candidate will have experience in service procurement, agency/vendor management, and IT sourcing, with strong negotiation and stakeholder management skills.Key & Branding Sourcing:- Source and manage agencies/vendors for advertising, media, events, creative design, and promotional activities.- Float RFQs/RFPs, evaluate proposals, and prepare comparative statements for management approval.- Negotiate service contracts, retainers, and project costs to ensure maximum ROI.- Monitor vendor performance on quality, timelines, and value delivery.IT Procurement:- Source and procure IT hardware, software, licenses, AMC, and digital tools.- Negotiate with OEMs, resellers, and service providers for competitive pricing and support.- Coordinate with IT team to ensure timely provisioning of systems and solutions.- Maintain vendor database and AMC/license renewal tracker.Vendor & Contract Management:- Identify, evaluate, and onboard new service providers for marketing and IT requirements.- Build long-term partnerships with strategic vendors.- Ensure contracts, NDAs, and SLAs are reviewed, approved, and tracked.- Periodically review vendor performance and take corrective actions where needed.Compliance & Documentation:- Ensure sourcing complies with company policies, financial approvals, and GST/IT norms.- Maintain accurate records of contracts, POs, invoices, and vendor databases.- Support internal audits with relevant Collaboration:- Work closely with Marketing, IT, Finance, and Admin teams for requirement gathering and procurement planning.- Provide cost benchmarks and market intelligence to stakeholders for better decision-making.- Support management in budgeting and forecasting for marketing and IT spends.Qualifications & Skills:- Graduate Engineer, Supply Chain, or related field (MBA/PG in SCM preferred).- 10-15 years of experience in sourcing/procurement of marketing services, branding, and IT solutions.- Strong knowledge of vendor management, contract negotiation, and sourcing best practices.- Familiarity with marketing/advertising industry costs and IT procurement cycles.- Proficiency in MS Excel, ORACLE ERP systems, Procurement Sourcing Tool , Power BI Reports and contract management tools.- Excellent communication, stakeholder management, and analytical skills.Key Competencies:- Strong negotiation and vendor relationship skills.- Ability to manage multiple stakeholders and priorities.- Commercial awareness with a cost optimization mindset.- High integrity and compliance orientation.- Problem-solving and decision-making ability. (ref:iimjobs.com)
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