Procurement Specialist

22 hours ago

Hyderabad, Telangana, India International Flavors & Fragrances Full time

Job Title: Procurement Specialist

About the Role:

We are seeking a highly motivated and results-driven individual to join our Procurement function as Procurement Specialist. As a key member of our team, you will be responsible for managing Buyer support activities related to Global Procurement and ensuring compliance with our organization's policies and guidelines.

Your Key Responsibilities:

  • Provide transactional system and process support to strategic buying team.
  • Create and maintain purchasing documents in our tools & systems.
  • Creation and management of Catalog.
  • Assisting Vendor Master team in onboarding of new vendors or for changes in data.
  • Monitor and execute all transactions according to our internal controls and policies.
  • Communicate and coordinate actions among all internal and external stakeholders to effectively assure supply of goods and services.
  • Administration and reporting as necessary (from internal systems and external sources).
  • Liaise with regional and global buying teams, providing information & analytical support in alignment with their goals on portfolio management and savings.
  • Drive continuous improvement / process optimization on specific areas of the RTP process.
  • Perform a wide range of work requests that are assigned / requested by the Buy Team (Buyers group) using broader knowledge of Sourcing, Procurement & Supply Chain via SAP Applications which includes:
    • Creation, Amendment, Renewal & Management of Contracts/Agreements for the various commodities which involves working with Global Buyers, Suppliers to get need attributes etc.
    • Creation and amendment of Purchase Orders in line with company's policies & guidelines
    • Manage Buyer Work Requests (BWR)
    • Manage Spot Purchases for certain commodities under the approved threshold Sourcing the Supplier as per Company strategy, Receiving Quotations from Suppliers, negotiating with Suppliers on Price & Payment Terms (as per process)
    • Evaluate and select suppliers in terms of quality, service, cost and capability
    • Support buyers in supplier analysis and research data
    • Identify potential savings opportunities
    • Expedite the delivery of material to make sure the suppliers delivers the material within promised delivery time.
    • Handle Invoice Disputes and resolving the same to make sure Suppliers get paid on time / excess & incorrect payments are not made.
    • Participate in Projects, SME Networks, Process updates, Best Practice Implementation
    • Back up for Transactional Support team
    • Back up for Buyers as per requirement

Requirements:

  • Master's or Bachelor's degree in Commerce / Finance or any other relevant discipline.
  • At least 2 to 4 years of experience in Global Procurement supporting Global operations & clients.
  • Sourcing experience and commodity knowledge is preferred.
  • Sound knowledge of SAP, SRM tools or other related ERP systems (Knowledge of Zycus preferred).
  • Good Interpersonal & Analytical Skills.
  • Good working knowledge in MS Office applications.
  • Excellent verbal and written communication skills
  • Key connect between clients, suppliers and buyers, candidates must exhibit a high degree of professionalism and tact.
  • Negotiation knowledge.
  • Contract Management knowledge.
  • Procurement / Supply Chain process & system knowledge
  • Flexible to work in shift timings to support multiple regions.
  • Self-driven, results oriented with positive attitude towards changes and new challenges.

IFF is an Equal Opportunity Employer.

At IFF, we believe that your uniqueness unleashes our potential. We value the diverse mosaic of the ethnicity, national origin, race, age, sex or veteran status. We strive for inclusive workplace that allows each of our colleagues to bring their authentic self to work regardless of their religion, gender identity & expression, sexual orientation, or disability.

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