Procurement Executive: Supply Chain Management Expert

1 week ago


Bengaluru, Karnataka, India NEC Software Solutions Full time
About the Role

We are seeking a highly skilled Procurement Executive to join our team at NEC Software Solutions.

As a Procurement Executive, you will be responsible for managing the procurement of products and services, researching and identifying cost-effective solutions, and driving bottom-line savings.

Key Responsibilities
  1. Procurement Operations:
    • Create purchase requests, purchase orders, and material codes in SAP, and act as an administrator for procurement applications and mailbox.
    • Conduct market research and analysis to identify emerging trends, technological advancements, and cost-effective alternatives for procurement.
    • Collaborate with stakeholders to understand their requirements and provide strategic guidance on procurement decisions.
    • Develop and maintain relationships with stakeholders and suppliers to ensure the availability of high-quality products and services at competitive prices.
  1. Cost Optimization and Savings:
    • Identify opportunities for cost savings and negotiate favourable terms and pricing with vendors.
    • Evaluate existing contracts and agreements to identify areas for optimization and renegotiation.
    • Research and recommend alternative solutions and products that are more cost-effective while meeting quality and performance requirements.
    • Develop and implement initiatives to reduce maverick spend and drive overall procurement savings.
  1. Team Work and Collaboration:
    • Foster a collaborative and results-oriented work environment, promoting effective communication and teamwork.
    • Ensure timely and accurate completion of procurement activities, including RFQs, RFPs, and contract negotiations.
    • Collaborate with cross-functional teams, including IT, finance, and legal, to streamline processes and drive efficiency.
  1. Compliance and Risk Management:
    • Ensure compliance with company policies, procedures, and regulatory requirements during the procurement process.
    • Identify and mitigate procurement-related risks and implement appropriate controls.
    • Stay updated on industry regulations and best practices related to IT procurement.
Requirements
  • Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related field.
  • 2-3 years of experience in procurement is preferable.
  • Knowledge of the IT industry, hardware, and software, including the latest technological developments, emerging trends, and market dynamics, would be an advantage.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.


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