Am Procurement

3 weeks ago

Mumbai, India M&G plc Full time

We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly transformed itself into a powerhouse of capability that is playing an important role in M&G plc’s ambition to be the best loved and most successful savings and investments company in the world.

Our diversified service offerings extending from Digital Services (Digital Engineering, AI, Advanced Analytics, RPA, and BI & Insights), Business Transformation, Management Consulting & Strategy, Finance, Actuarial, Quants, Research, Information Technology, Customer Service, Risk & Compliance and Audit provide our people with exciting career growth opportunities.

Job Title

Assistant Manager (AM) - Commercial

Reports to

Deputy Manager (DM) - Commercial / Manager

Scope of Role
- UK Commercial

Key departments / areas of responsibility - Procurement & Operations

Job Dimensions

Financial
- Management Information Reporting
- Preparation and submission of Budgets & Forecasts for the team
- Migration to new accounting GL Oracle
- Review of Finance related Policies (Capex, Opex, P2P etc) and implement necessary controls
- Cost negotiations and procurement

Non Financial
- Continuous improvement of Procurement processes
- Regulatory Compliance under applicable laws

Overall Job Purpose

The main purpose of the job is to procure goods and services required for M&G in a transparent, commercially prudent manner complying with M&G’s procurement to payment policy and local laws. The Procurement AM shall ensure alignment of local policy to the Group and M&G UK policies to the extent feasible and liaise closely with the UK Commercial & senior management team. The job also involves maintenance and support of contracts in a contracts database and coordination for procurement related governance, compliance and risk.

Key Accountabilities and Responsibilities

Procurement
- Partner with the business and functional leadership to understand short, medium requirement of goods and services that need to be procured
- Assess and assist in the mitigation of vendor risk
- Ensure appropriate contract structures / types, pricing models, vendor incentive models, service level agreements, performance indicators and cost models are applied consistently across vendors
- Partner with internal and external legal counsel to ensure proper forms of Agreement are utilized, contractor conformance with the terms and conditions of the Agreements, and refinement of Agreements as required
- Cost negotiations and procurement, Spot negotiation on smaller and day to day purchases of services or any other procurement activities like infrastructure, facilities, IT, HR etc. Execute end to end RFQ/ RFP/ procurement process
- Initiate local or alternate procurement activities
- Drive commercial value from our simple transactions including savings, cost avoidance and added value
- Create & drive effective metrics and data to measure the value delivered through commercial negotiations

Operations
- Support the development, agreement and communication of M&G Global procurement policy and processes.
- To demonstrate a positive risk, compliance and control culture through the identification, assessment, monitoring and management of risks and issues within the business area, alongside ensuring timely and appropriate resolution of control weaknesses, actions and failures that arise
- Work closely with Finance, Legal, IT, HR and Facility teams to ensure smooth delivery of vendor empanelment process

Key Interfaces

Internal
- Legal
- Entity Finance
- Human Resources and Facility management
- Risk Teams to ensure implementation of fully compliant sourced contract
- Knowledge Services, SME’s
- Respective functional heads

External
- Suppliers, potential suppliers and other third parties
- Occasionally contract Advisers, Lawyers, Consultants supporting procurement initiatives

Competence / Knowledge / Skills required

Qualification, Knowledge & Experience
- B.COM Graduate with 9 years of procurement experience
- CIPS certification would be an added advantage
- A degree in supply management, finance, or business, or another technical field would be preferred
- Commercial negotiation skills and experience
- Knowledge of Indian Market
- Knowledge of ERP systems, understanding of Oracle Fusion preferred
- Understanding of procurement deal structure & options

**Skills**:

- Proven experience in areas of procurement, negotiation and commercial contracts
- Excellent communication
- Strong stakeholder management skills
- Effective influencing skills that enable the role holder to engage key stakeholders across the business
- Time management & prioritisation skills ensuring that right things are done at the right time

We live b

  • Am Procurement/purchase

    3 days ago

    Powai, Mumbai, Maharashtra, India 1ClickCapital Full time

    **Job Title**:AM Procurement/Purchase you will be responsible for managing the procurement process within the organization. Your role will involve sourcing, negotiating, and purchasing goods and services to meet the company's operational needs while ensuring cost-effectiveness and adherence to quality standards. 1. Sourcing and Vendor Management: -...

  • Am - Procurement

    2 months ago

    Mumbai, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Am - Procurement

    2 weeks ago

    Mumbai, India M&G plc Full time

    We are M&G Global Services Private Limited (formerly known as 10FA India Private Limited, and prior to that Prudential Global Services Private Limited). We are a fully owned subsidiary of the M&G plc group of companies, operating as a Global Capability Centre providing a range of value adding services to the Group since 2003. The company has rapidly...

  • Am - IT Procurement

    5 days ago

    Mumbai, Maharashtra, India Riverforest Connections Full time

    Key Responsibilities Working within teams and assisting business units with identifying and executing appropriate sourcing strategies on critical group spend categories like IT software, IT consulting & services and IT infrastructure amongst others. Also, developing Total Cost of Ownership models to understand cost structures, building the ideal negotiation...

  • Procurement Associate

    4 weeks ago

    Mumbai, India Korporate Ladders Client Company Full time

    plz find the job description as per the need **Work Location**: Churchgate (Mumbai) **Work Timings**: US Shift (8pm to 5 am) **Work Days**: Mon - Fri (Hybrid Model) **Experience Required**: 2-3 years maximum. **Job Profile**: Procurement Associate Scaling any business as rapidly as we are, is both exciting and challenging. We’re lucky to have a...

  • Procurement Associate

    24 hours ago

    Mumbai, India Korporate Ladders Client Company Full time

    plz find the job description as per the need **Work Location**: Churchgate (Mumbai) **Work Timings**: US Shift (8pm to 5 am) **Work Days**: Mon - Fri (Hybrid Model) **Experience Required**: 2-3 years maximum. **Job Profile**: Procurement Associate Scaling any business as rapidly as we are, is both exciting and challenging. We’re lucky to have a...

  • Procurement Associate

    5 days ago

    Mumbai, Maharashtra, India Korporate Ladders Client Company Full time

    plz find the job description as per the needWork Location: Churchgate (Mumbai)Work Timings: US Shift (8pm to 5 am)Work Days: Mon Fri (Hybrid Model)Experience Required: 2-3 years maximum.Job Profile: Procurement AssociateScaling any business as rapidly as we are, is both exciting and challenging. We're lucky to have a product we know, that thousands of people...

  • Ref7572v--non-it Procurement--am/dm--mumbai

    2 months ago

    Mumbai, India WNS Global Services Full time

    Company Description **WNS (Holdings) Limited (NYSE**: WNS), is a leading Business Process Management (BPM) company. We combine our deep industry knowledge with technology and analytics expertise to co-create innovative, digital-led transformational solutions with clients across 10 industries. We enable businesses in Travel, Insurance, Banking and Financial...

  • Procurement Executive

    2 months ago

    Navi Mumbai, India Punji Printers Full time

    **Must be Based in NAVI MUMBAI** **Must have two-wheeler driving license.** **Procurement**: This includes **evaluating vendors, and preparing reports** (e.g. on orders and costs). Their main duties include locating key suppliers, preparing reports, evaluating vendors, and making sure their materials and products meet the Company's specifications. **In...

  • Ref7572v--non-it Procurement--am/dm--mumbai

    5 days ago

    Mumbai, Maharashtra, India WNS Global Services Full time

    Company DescriptionWNS (Holdings)Limited (NYSE: WNS), is a leading Business Process Management (BPM) company. We combine our deep industry knowledge with technology and analytics expertise to co-create innovative, digital-led transformational solutions with clients across 10 industries. We enable businesses in Travel, Insurance, Banking and Financial...

  • Procurement Executive

    4 days ago

    Mumbai, India Vea Impex Full time

    **Purchase Profile (Procurement)** **Job description** - Raising Purchase order - Handling Offices activity. - Making GRN to the system - Tracking of material. - Inward & outward process. - Receive, distribute, and always maintain adequate quantities of stocks. - Maintain stock and consumption records. - Follow up for timely delivery. - M S Outlook. - Tally...

  • Am - Contracts & Procurement - Mumbai

    5 days ago

    Mumbai, Maharashtra, India OASIS Full time

    From 6 to 8 year(s) of experience- ₹ 8-12 Lacs P.A. Mumbai (All Areas)Reporting to Head Contracts & ProcurementDept. - Design Development & ConstructionQualification: BE Mechanical / Electrical with 6-8 Yrs of Experience with commercial and retail projects developers preferredCTC:8-12 Lac p.a.Age limit - upto 34 Yrs ( Not more than that )**Roles &...

  • Am/dm Legal Capital Markets

    2 months ago

    Mumbai, India TVS Industrial & Logistics Parks Full time

    **AM/DM Legal Capital** **Markets** **JOB DESCRIPTION** **Job Title** AM/DM - Legal Capital Markets **Key Specifications**: - Handling Legality with respect to SEBI (Merchant Banking) Regulations, 1992; SEBI (Prohibition of Insider Trading) Regulations, 2015 and other applicable rules, regulations, bye-laws, guidelines, and circulars issued by...

  • Officer - Purchase / Procurement

    2 weeks ago

    Kopar Khairane, Navi Mumbai, Maharashtra, India IRIQUE HI TECH Full time

    Officer - Purchase / Procurement **Responsibilities**: - Researching and evaluating potential vendors. - Ensuring stock availability and placing orders as and when required. - Verifying receipt of items by comparing items received to items ordered. - Familiar with logistic & its related supplier, supporting E-commerce logistic develop &cost maintenance -...

  • International Sales Executive

    2 weeks ago

    Mumbai, India E-Procurement Technologies Limited Full time

    **Job Location : Mumbai - Mira Road** **Salary: - upto 25k + Excellent Incentives** **Experience Required: - 0-2 Years** **Responsibilities**: - To identify and call the Potential international customers and sale the product/service. - To meet the given Targets! **Skills Required**: Excellent Verbal and Written Communication, Business Acumen, Market...

  • REF32329T - AM - Non - IT Procurement (HR, Legal, Marketing, Finance Services)

    3 weeks ago

    Mumbai, India WNS Global Services Full time

    Job DescriptionCandidates having prior experience in HR and Recruitment related contracts will be preferred.Executive level position in Captive Procurement function for supporting the Professional Services portfolio (Sourcing and Contracting).The incumbent is expected to have minimum 3 -4 years of relevant industry experience, specifically in contract...

  • REF32329T - AM - Non - IT Procurement (HR, Legal, Marketing, Finance Services)

    3 weeks ago

    Mumbai, India WNS Global Services Full time

    Job DescriptionCandidates having prior experience in HR and Recruitment related contracts will be preferred.Executive level position in Captive Procurement function for supporting the Professional Services portfolio (Sourcing and Contracting).The incumbent is expected to have minimum 3 -4 years of relevant industry experience, specifically in contract...

  • REF32329T - AM - Non - IT Procurement (HR, Legal, Marketing, Finance Services)

    3 weeks ago

    Mumbai, India WNS Global Services Full time

    Job DescriptionCandidates having prior experience in HR and Recruitment related contracts will be preferred.Executive level position in Captive Procurement function for supporting the Professional Services portfolio (Sourcing and Contracting).The incumbent is expected to have minimum 3 -4 years of relevant industry experience, specifically in contract...

  • REF32329T - AM - Non - IT Procurement (HR, Legal, Marketing, Finance Services)

    3 weeks ago

    Mumbai, India WNS Global Services Full time

    Job DescriptionCandidates having prior experience in HR and Recruitment related contracts will be preferred.Executive level position in Captive Procurement function for supporting the Professional Services portfolio (Sourcing and Contracting).The incumbent is expected to have minimum 3 -4 years of relevant industry experience, specifically in contract...

  • REF32329T - AM - Non - IT Procurement (HR, Legal, Marketing, Finance Services)

    5 days ago

    Mumbai, Maharashtra, India WNS Global Services Full time

    Job DescriptionCandidates with previous experience in HR and Recruitment contracts are highly desired.Executive role in Captive Procurement function to support the Professional Services portfolio (Sourcing and Contracting).The ideal candidate should have at least 3-4 years of industry experience, particularly in contract management, Procure to Pay (P2P),...