Procurement Specialist

3 weeks ago

Bengaluru, India LakshHR Full time

Your Responsibility

Sourcing & Procurement

Responsible for tactical procurement of good / services (Indirect Procurement). Major categories include Facilities, IT, HR & Corporate Communications.
Manages the work by aligning with Client’s ethics, policies, guidelines, and internal controls.
Identifying and developing vendor source for achieving cost effective purchases and procurement of materials / services within stipulated time frame.
Trigger healthy competition among vendors and negotiated best commercial terms meeting business requirement and as per company policies and procedures.
Participate in variety of meetings and work groups to integrate activities, communicate issues, obtain approvals, and resolve problems.
Participate in price negotiations, supply chain strategies as necessary, and provide operational inputs that enable decision-making.

Process & Compliance

Maintain & Publish Approved Vendor List.
Responsible to maintain all documentation related to Vendor Contracts and renewals.
Maintain and publish contract renewal tracker.
Support in maintaining and updating procurement tools with accurate data and adherence to procurement policies & guidelines.

Data Analytics & MIS

Responsible to work closely with key stakeholders from Business, Procurement & Finance teams to gather requirements & right data for procurement analytics.
Develop procurement analytics KPIs dashboards (spend, contract, savings, operational etc)
Build key insights and identify savings opportunities based on procurement spend / contract / operational data.
Perform data cleansing, categorization, normalization of suppliers and data enrichment to develop clean data for analysis

Our Ideal Candidate

You have strong problem solving, analytic, decision-making and excellent communication with interpersonal skills.
You pay attention to details and are able to interpret data and trends, diagnose problems, and formulate effective actions plans to resolve issues.
You are self-driven and motivated with entrepreneurial passion and desire to work in a fast-paced, results-driven environment with varied responsibilities.
6-8 Years of experience in technology, procurement, sourcing, and contract management.
University degree preferably in Business Administration, Engineering or a related field.
Some understanding of the ecommerce industry and/or the category/commodity.
Some knowledge of actively managing commodity/category and implementing various strategies to address objectives like savings, speed to business, and driving innovation
Advanced working knowledge in data analysis, building simulated worksheets and performing sensitivity analysis
Basic understanding of interpreting financial statements

Key Skills

Procurement, Vendor Development, Negotiation, Contracts, Database Management, Analytics & Reporting, Audits

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