Executive Procurement

1 month ago

india Ascendion Full time

Job Description: 

He will be responsible for supporting Indirect sourcing initiatives with respect to IT Infrastructure projects and manage daily purchasing activities from requisition, to negotiating terms, to purchase order to order fulfillment to inventory management to invoice submissions, to reporting. The individual will be responsible for using the 7 step strategic sourcing process to deliver year-over-year P&L savings and cost avoidances.

Purchases of goods and services are expected to be delivered 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 in accordance with company policies and procedures while leveraging and maintaining the integrity of purchasing systems.

• Establish NDAs, purchase orders and contract agreement business term negotiations, as appropriate.

• Support renewal requests, budgetary pricing requests, contract inquiries and SOW review requests.

• Maintain appropriate documentation and files for all purchases and monitor supplier performance.

• Support the improvement and upkeep of sourcing templates and other documentation used within Indirect Purchasing.

• Working with finance and AP in process payments and share payment instruction with vendors.

• Meets with business users and sourcing team members to understand business priorities and translate them into strategic procurement plans; comprehends the industry and the Marketplace.

• Identify cost saving opportunities using competitive bidding (RFx), negotiations, and drive service improvements. Measure and report savings with substantiated calculations for P&L, non-P&L and cost avoidance.

• Conduct market research, benchmarking, and share data insights.

• 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.

• Oversee and handle office administration across all offices along with the facilities team and leverage suppliers base to increase product quality and control cost.

• Perform other duties as assigned

Level Based Competencies: 

• Building Strategic Working Relationships

• Ability to deliver monthly reporting indicating actionable data 

• 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

• Strong understanding and application of the 7-step strategic sourcing life cycle

• 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 3+ years of experience in procurement, corporate purchasing focus is helpful

• Experience in use of P2P systems and workflows to reconcile the request to the PO, to the receipt to the invoice.

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