IT Procurement Professional

2 days ago

Davangere, Karnataka, India beBeeProcurement Full time ₹ 2,00,00,000 - ₹ 2,50,00,000
Job Description

Highradius intends to build new products as a part of its entrepreneurship program. These new products are being built in a startup ecosystem.

  • The successful candidate will be responsible for managing the commercial and contractual aspects within the IT spend category.

A key part of the role includes developing and maintaining successful relationships with suppliers, peers, and internal business partners.

Key Responsibilities
  • Manage end-to-end commercial and procurement aspects within all IT categories like Hardware, Software, Outsourcing Services, Cloud and SAAS.
  • Ensure proper spend categorization.
  • Lead and execute end-to-end strategic/tactical projects, apply proper sourcing approach (single/sole sourcing/ competitive bidding) depending on scope & business requirements, draft detailed statement of work (SOW) covering performance measures-KPIs/metrics, SLAs, acceptance criteria, commercials, risk/reward provisions etc.
  • Manage senior stakeholders and establish relationships.
  • Advise internal business partners on end-to-end procurement process, policies, templates, RACI, deal risks, and possible risk mitigation steps as part of procurement process or contracting. Articulate pros and cons of, and requirements for various commercial & engagement model options (e.g. managed capacity, managed outcome, managed services, gain-share etc.) for a particular deal.
  • Ensure full Procure-to-Contract compliance with all applicable sourcing processes, policies, etc.
  • Independently execute RFP/RFQ processes for assigned categories including Contract negotiation, Vendor Selection, Contract Awarding.
  • Define and implement plans in line with category strategy, decision trees, play book. Leverage appropriate procurement/sourcing tools.
  • Consolidate supplier base and pursue, where relevant, alternative sources ensuring uninterrupted supply of services, delivered in a cost-effective and quality manner.
  • Conduct periodic market research for assigned category, incl. monitoring of market trends and supply/demand factors, legal dictates to help in the decision-making process to meet the strategic goals of the organization. Answer contract commercial/rate card/legal/business term inquiries on existing contracts.
  • Establish regular communications with the key internal business partners, to ensure agreement and adoption of category strategies, on-going review of activities undertaken and maintenance of strong client service. Lead proactive Contract Renewal/Expiry reviews, and re-source or amend per internal strategy.
  • Accurate and continuous collection and reporting of projects managed, contracts concluded and their associated expenditure and financial impacts.

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