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Procurement Specialist
2 months ago
Location - (Onsite) Bangalore/Vadodara
Job Description:
We are looking for a Category/Procurement Specialist who will be responsible for supporting Indirect sourcing initiatives with respect to non IT related projects and helping to manage daily purchasing activities. The specialist ensures that purchases are made at the lowest cost and highest quality consistent with the needs of the internal stakeholder, and in alignment with company policies and procedures.
Specific responsibilities include, but are not limited to:
Ensure all purchases are made by company policies and procedures.
Establish NDAs, purchase orders and contracts, as appropriate.
Support renewal requests, budgetary pricing requests, contract inquiries and Statement of Work review requests.
Maintain appropriate documentation and files for all purchases made and Monitors supplier performance.
Support the improvement and upkeep of sourcing templates and other documentation used within Indirect Purchasing.
Meets with business users/ managers to understand business priorities and translate them into procurement plans; comprehends the industry and the Marketplace.
Identify cost saving opportunities using competitive bidding (RFx), negotiations, and drive service improvements.
Collaborate with internal Teams (Legal, finance, IT) to mitigate risk during contract negotiations.
Report on active projects and contribute to collaborative, cross-functional reports.
Executes risk mitigation, business continuity, cost management, and operation strategies.
Perform other duties as assigned.
Level Based Competencies:
Building Strategic Working Relationships
Business Acumen
Planning and Organization
Strategic Decision Making
Ability to Manage Multiple Projects
Strong Communication Skills
Technical Knowledge/Skills:
Understanding of purchasing and sourcing concepts, practices, and procedures
Negotiation skills
Excellent computer skills
Familiar with financial management and comfortable with performing analysis
Ability to excel in a matrix management environment
Supply Chain knowledge
General Knowledge/Skills:
Excellent verbal and written communication skills
Excellent organizational and follow up skills with a strong attention to detail
Ability to adapt to a changing environment
Strong analytical and problem solving skills
Excellent time management skills
Familiar with project management and vendor management skills
Strong teamwork and interpersonal skills
Education/Experience:
Bachelor's Degree in the field of supply chain, procurement, or business
Minimum 5+ years of experience in procurement, corporate purchasing focus is helpful
Experience in use of P2P systems helpful but not required
