Procurement Manager
4 weeks ago
We are a next-generation media technology company providing cloud broadcast and targeted advertising solutions to broadcast and streaming TV platforms. Amagi enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Amagi also offers 24x7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Amagi supports 700+ content brands, 800+ playout chains, and over 2100 channel deliveries on its platform in over 40 countries. Amagi has a presence in New York, Los Angeles, Toronto, London, Paris, Melbourne, Seoul, and Singapore, broadcast operations in New Delhi, and an innovation center in Bangalore.
Website Link:
Job Profile:
A professional in this role should possess a strong understanding of cloud technologies, procurement processes, security considerations, and business needs. Additionally, effective communication and negotiation skills are crucial for interacting with suppliers and various stakeholders within the organization. Continuous learning is essential in this dynamic field to keep up with evolving technologies and industry best practices.
Key Responsibilities:
- Be highly proactive in consistently following up to drive deals to closure.
- Be aware of taxes, contractual clauses, and other commercial terms.
- Possess strong ethics.
- Be foresighted, highly agile, and a quick learner.
- Have the ability to analyze empirical data and put together historical prices and terms for a repeat buy.
- Have a keen eye for examining all deals with a perspective on commercial knowledge, taxes, excise or other duties for local items and imports, custom duties, and contractual clauses (such as indemnity, liability, insurance, guarantees, etc.).
- Drive improved supplier service levels, minimize risk, and improve Amagi business results by standardizing and automating business and procurement best practices for products and services like SaaS, Info Security Cloud Infra, Subscriptions, Professional services, etc.
- Collaborate with business stakeholders to:
- Identify and document all cloud, SaaS applications, and subscriptions throughout the organization.
- Evaluate and select appropriate suppliers based on the organization's needs, performance criteria, and budget constraints.
- Negotiate contracts, service level agreements (SLAs), and pricing structures with suppliers.
- Establish and maintain strong relationships with key suppliers, ensuring ongoing communication and collaboration.
Cost Optimization:
- Develop and implement cost optimization strategies for SaaS and cloud services.
- Regularly review and analyze usage and expenditure to identify opportunities for cost savings and efficiency improvements.
- Determine KPI measurements, usage, and deliver reports to stakeholders across the organization.
Contract Life Cycles:
- Create a renewal calendar, build a documented, collaborative evaluation process, and develop action plans for upcoming renewal dates.
- Actively partner with tool owners on the procurement process for new or renewing supplier relationships.
- Always be one step ahead on renewing contracts.
Cloud and SaaS Procurement Strategy:
- Lead the negotiations on nearly all Cloud/SaaS/Subscription/Engineering Professional services supplier contracts.
- Acquire a good understanding of each department to leverage insights and analysis into each supplier contract Amagi enters.
- Collaborate with the VPs and Heads of IT & Engineering and Product to support strategic objectives and identify efficiency opportunities cross-functionally.
- Help produce performance reports and provide insights into monthly SaaS spending, savings secured, and potential savings.
- Simplify, automate, and optimize processes that are currently carried out manually.
- Reduce procurement lead times and improve efficiency using technology tools and automation.
Technology Procurement Strategy:
- Develop and execute a technology procurement strategy aligned with the company's overall business objectives and technological requirements.
- Ensure favorable terms and conditions and work closely with legal and finance teams.
Technology Trends and Innovation:
- Stay abreast of emerging technologies, market trends, and advancements relevant to the business.
- Conduct market research to identify innovative technology solutions that can drive business growth and competitive advantage.
Ethical and Compliance Standards:
- Ensure compliance with relevant laws, regulations, and industry standards related to technology procurement, data privacy, and cybersecurity.
- Promote ethical conduct within the procurement team and throughout the procurement process.
Qualification and Skills Required:
- Education: A bachelor's degree in business, information technology, or a related field is typically required. Advanced degrees or certifications in technology management, procurement, or supply chain management can be advantageous.
- Experience: 8-10 years of experience in procurement, preferably with a focus on technology procurement or IT supply chain management. Experience in a leadership or managerial role is highly desirable.
- Technology Knowledge: Strong understanding of technology trends, software licensing models, and IT project lifecycles. Familiarity with emerging technologies and their business applications.
- Supplier Relationships: Proven experience in managing technology suppliers and negotiating complex technology contracts. Ability to evaluate supplier capabilities, assess technology solutions, and build long-term strategic partnerships.
- Risk Assessment: Knowledge of technology-related risks, cybersecurity threats, and compliance requirements in the tech industry. Ability to develop and implement risk management strategies.
- Project Management: Proficiency in project management methodologies and tools to oversee technology procurement projects effectively. Ability to manage multiple projects simultaneously and meet deadlines.
- Analytical Skills: Strong analytical and problem-solving skills to evaluate technology options, assess cost-effectiveness, and make informed decisions. Proficiency in data analysis and technology evaluation methodologies.
- Communication and Collaboration: Excellent communication and interpersonal skills to collaborate with cross-functional teams, IT professionals, and technology suppliers. Strong negotiation and influencing skills to achieve optimal outcomes.
- Adaptability: Agility and adaptability in the dynamic technology landscape, with a willingness to learn and stay updated on new technologies and industry developments.
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