It Purchasing Specialist

1 day ago

Bangalore Karnataka, India Stellar IT Solutions LLC Full time

Job Title IT Purchasing Specialist Job Duration 2 Months possible extension for 1 year Job Location Remote IT Purchasing Specialist The IT Purchasing Analyst plays a pivotal role in managing procurement contracts across key technology categories-including hardware software network telecom and IT services This position ensures the organization secures optimal technology solutions at competitive pricing while adhering to internal governance and external regulatory standards The analyst collaborates cross-functionally with IT teams vendors and business stakeholders to negotiate execute and manage contract lifecycles effectively Core Responsibilities Strategic Procurement Execution Lead the acquisition of IT assets and services ensuring timely delivery cost efficiency and alignment with business needs Vendor Supplier Management Build and maintain robust relationships with technology vendors Negotiate pricing terms and service-level agreements to maximize value and mitigate risk Regulatory Policy Compliance Ensure all procurement activities conform to corporate policies industry best practices and applicable legal standards Contract Lifecycle Oversight Administer end-to-end contract processes-including initiation renewal amendment and termination-across IT categories Entitlement Inventory Governance Maintain accurate records of contract entitlements licensing and asset inventories to support audit readiness and operational transparency Cross-Functional Collaboration Partner with IT and business units to understand technology requirements and deliver procurement solutions that support strategic initiatives Performance Reporting Analytics Generate actionable reports on procurement metrics cost savings and vendor performance for executive stakeholders Minimum Qualifications Bachelor s degree in Supply Chain Management Business Administration Finance or a related discipline Minimum 4 years of experience in procurement supply chain operations or data analysis Proven expertise in negotiating complex contracts across IT domains Strong analytical problem-solving and decision-making capabilities Excellent communication and stakeholder engagement skills Experience managing large-scale IT contracts in hardware software managed services or telecom Preferred Skills Competencies Deep understanding of procurement methodologies and vendor management frameworks Familiarity with IT systems infrastructure and software licensing models Advanced conflict resolution and mediation skills for handling escalations Ability to prioritize tasks and manage multiple concurrent projects in a dynamic environment Results-driven mindset with a structured analytical approach to problem solving Proficiency in using procurement tools and reporting platform

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