Commercial Manager

3 weeks ago


gurgaon, India CARS24 Full time
Experience: 7-8 years in Tech, product, marketing services purchases, and vendor management.
Responsibilities:
1) Leadership and Team Management:
• Lead and mentor a team of buyers, fostering a collaborative and high-performance culture.
• Provide guidance, training, and support to team members to ensure individual and collective success.
2) Strategic Sourcing:
• Identify, evaluate, and select vendors that align with the company's objectives.
• Develop and maintain strong relationships with suppliers to ensure a reliable and cost-effective supply chain.
3) Tech & Software Expertise:
• Utilize a deep understanding of technology, software, and product-related purchases to make informed procurement
decisions.
• Collaborate with cross-functional teams to gather specific requirements and stay updated on industry trends.
4) Negotiation and Contract Management:
• Negotiate terms and conditions with technology and software vendors to secure favourable agreements.
• Draft and review contracts, ensuring compliance with legal and organizational standards.
5) Market Analysis:
• Stay abreast of technological advancements, pricing trends, and industry developments.
• Conduct regular market analysis to identify new opportunities for cost savings and technological advancements.
6) Cost Management:
• Implement cost-effective strategies while ensuring the acquisition of cutting-edge products.
• Monitor and analyse spending patterns, identifying areas for potential cost reductions.
7) Risk Management:
• Assess and mitigate potential risks associated with technology & software procurement.
• Develop and implement risk management strategies to safeguard the organization's interests.
8) Collaboration and Communication:
• Work closely with internal stakeholders, Tech, Product, Data Science, Business Insights and operations teams.
• Communicate effectively with technology vendors to build strong partnerships and address any issues promptly.
Qualification:
• Bachelor's degree (Eng. /Business).
• 5-10 years of experience in a procurement or buying role, with a focus on technology, software, and product-related purchases.
• Proven track record of successful negotiations and cost management within the tech industry.
• Strong analytical and decision-making skills.
• Excellent communication and interpersonal skills.
• Familiarity with relevant industry regulations and compliance requirements.
• Proficiency in using procurement software and tools.
Interested candidates can directly share their CVs at or along with their Current CTC and Notice Period details.

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