Procurement Specialist
3 weeks ago
Summary:
We are seeking a highly skilled Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills, strategic thinking, and the ability to collaborate with various stakeholders to meet the organization's procurement needs.
Primary Responsibilities
- Develop and implement procurement strategies aligned with organizational objectives for India and USA operations.
- Source suppliers and manage supplier relationships to ensure high-quality products and services are delivered on time and within budget.
- Read SOW & Contract, negotiate contracts, pricing, and terms with suppliers to achieve cost savings and favorable terms for the organization.
- Collaborate with internal stakeholders, including finance, operations, and legal teams, to understand procurement needs and requirements.
- Conduct market research and analysis to identify potential suppliers, assess market trends, and benchmark pricing.
- Manage the procurement process from requisition to purchase order issuance, ensuring compliance with company policies and procedures.
- Monitor and evaluate supplier performance, address any issues or discrepancies, and implement corrective actions as needed.
- Identify opportunities for process improvements and cost optimization within the procurement function.
- Stay updated on industry best practices, regulations, and trends in procurement to drive continuous improvement and innovation.
- Prepare and present reports and analysis on procurement activities, including savings, supplier performance, and key metrics, to Manger
Position Requirements:
- Bachelor’s degree in related field, MBA or certification in supply chain management preferred
- Minimum of 5 years of experience in procurement, sourcing, or supply chain management, with a focus on procurement.
- Knowledge of local procurement laws (Customs, GST, Taxation, Contract laws etc)
- Proven track record of negotiating contracts and achieving cost savings in procurement activities.
- Strong understanding of procurement processes, sourcing strategies, and supplier management principles.
- Excellent communication, negotiation, and interpersonal skills, with the ability to build relationships and collaborate effectively with internal and external stakeholders.
- Analytical mindset with the ability to conduct market research, analyze data, and make data-driven decisions.
Soft Skills:
- Excellent verbal and written communication skills.
- Ability to operate well under pressure.
- Flexibility to adapt to changing environments.
- Sound decision making ability.
Company Overview
As a fintech leader, Vervent sets the global standard for outperformance by delivering superior expertise, future-built technology, and meaningful services. We support our industry-leading partners with primary strategic services and our goal is to empower companies to accelerate business, drive compliance, and maximize service.
Founded in 1986, purchased by current CEO, David Johnson, in 2008 Privately owned by Stone Point Capital, Vervent Management and other passive investors.
Lines of Business:
Primary Servicing – Loan, Credit Card & Lease
Capital Markets Services – Backup Servicing, Verifications,
Collateral Management, Structured Settlements, etc.
Credit Card Programs – within the Vervent Card Division we offer a) Captive Credit Card Programs (secured and unsecured) b) Managed Card Services
Global Service Operations supports all divisions to facilitate servicing and card program management Clients include consumer and small business “marketplace” lenders, finance companies, leasing companies, insurance companies, captive finance companies, alternative capital providers, consumers and banks Vervent services ~$150 billion in assets as a primary and backup servicer. It also manages ~1 million consumer credit cards.
Locations: San Diego, Baja, Portland, Sioux Falls, Philippines, India
-
Procurement Specialist
1 month ago
bangalore, India Black Box Full timeJob Summary:We are seeking a highly skilled and experienced Procurement Specialist to manage the procurement of IT products and services. The ideal candidate will have strong communication and negotiation skills, experience in SAP, and a proven ability to build and manage relationships with vendors and internal stakeholders. This role will focus on...
-
Procurement specialist
1 month ago
Bangalore, India Black Box Full timeJob Summary : We are seeking a highly skilled and experienced Procurement Specialist to manage the procurement of IT products and services. The ideal candidate will have strong communication and negotiation skills, experience in SAP, and a proven ability to build and manage relationships with vendors and internal stakeholders. This role will focus on...
-
Procurement Specialist
2 months ago
bangalore, India Black Box Full timeJob Summary : We are seeking a highly skilled and experienced Procurement Specialist to manage the procurement of IT products and services. The ideal candidate will have strong communication and negotiation skills, experience in SAP, and a proven ability to build and manage relationships with vendors and internal stakeholders. This role will focus on...
-
Procurement Specialist
1 month ago
Bangalore, India Black Box Full timeJob Summary : We are seeking a highly skilled and experienced Procurement Specialist to manage the procurement of IT products and services. The ideal candidate will have strong communication and negotiation skills, experience in SAP, and a proven ability to build and manage relationships with vendors and internal stakeholders. This role will focus on...
-
Procurement Specialist
3 weeks ago
Bangalore, India Vervent Full timeSummary: We are seeking a highly skilled Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills,...
-
Procurement Specialist
3 weeks ago
Bangalore, India Vervent Full timeSummary: We are seeking a highly skilled Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills,...
-
Procurement Specialist
3 weeks ago
bangalore, India Vervent Full timeSummary:We are seeking a highly skilled Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills, strategic...
-
Global Procurement Specialist
1 month ago
Bangalore, India Vervent Full timeSummary: We are seeking a highly skilled Global Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills,...
-
Global Procurement Specialist
1 month ago
bangalore, India Vervent Full timeSummary: We are seeking a highly skilled Global Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills,...
-
Global Procurement Specialist
1 month ago
bangalore, India Vervent Full timeSummary:We are seeking a highly skilled Global Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills,...
-
Procurement Specialist
3 weeks ago
Bangalore Metropolitan Area, India Vervent Full timeSummary:We are seeking a highly skilled Procurement Specialist to manage procurement activities for our operations in India and the USA. The ideal candidate will be responsible for sourcing, negotiating, and purchasing goods and services to ensure efficient and cost-effective procurement processes. This role requires strong communication skills, strategic...
-
Procurement Expert
3 weeks ago
Bangalore Metropolitan Area, India Vervent Full timeJob Summary:Vervent is seeking a seasoned Procurement Specialist to drive strategic procurement initiatives across India and the USA. This role requires a skilled professional with expertise in sourcing, negotiation, and supplier management to ensure efficient and cost-effective procurement processes.Key Responsibilities:Develop and Implement Procurement...
-
Manager Procurement Operations Specialist
2 months ago
bangalore, India ANSR Global Corporation Full timeRole & Responsibilities: Procurement Process Management: Develop, implement, and maintain procurement processes and policies Streamline procurement workflows to optimize efficiency and accuracy Ensure compliance with procurement regulations and best practices Vendor Management: Cultivate and maintain relationships with key suppliers and vendors Negotiate...
-
Procurement specialist
1 week ago
Bangalore, India Novel Office US Full timeKey Responsibilities: Develop and implement strategic procurement initiatives aligned with project requirements and company goals. Collaborate with project managers, engineers, and stakeholders to determine procurement needs, specifications, and schedules. Identify, evaluate, and select suppliers and subcontractors based on quality, cost, and delivery...
-
Fabric Sourcing Specialist
1 week ago
bangalore, India Devatha Fabrics Full timeCompany Description Devatha Fabrics, located in Bengaluru, has been a prominent player in the silk industry for over a century. Tattva is the latest venture offering exquisite silk men's ethnic wear, reflecting a legacy of quality and innovation in the fabric industry. Role Description This is a full-time on-site role for a Fabric Sourcing Specialist at...
-
Fabric Sourcing Specialist
7 days ago
bangalore, India Devatha Fabrics Full timeCompany DescriptionDevatha Fabrics, located in Bengaluru, has been a prominent player in the silk industry for over a century. Tattva is the latest venture offering exquisite silk men's ethnic wear, reflecting a legacy of quality and innovation in the fabric industry.Role DescriptionThis is a full-time on-site role for a Fabric Sourcing Specialist at...
-
Bangalore, India KPMG Full timeJob Title: Procurement Specialist Location: Bangalore, Karnataka Work Mode : On-Site (No work from home) About KPMG India KPMG in India has one of the leading food and agribusiness consulting practices offering a wide range of services to private enterprises, State governments, PSUs, Central government institutions and international donor...
-
Fabric Sourcing Specialist
7 days ago
Bangalore, India Devatha Fabrics Full timeCompany Description Devatha Fabrics, located in Bengaluru, has been a prominent player in the silk industry for over a century. Tattva is the latest venture offering exquisite silk men's ethnic wear, reflecting a legacy of quality and innovation in the fabric industry. Role Description This is a full-time on-site role for a Fabric Sourcing...
-
Tendering Specialist
1 month ago
bangalore, India Ravindranath Constructions Pvt Ltd Full timeCompany Descriptionwe suggest you enter details hereRole DescriptionThis is a full-time on-site role as a Tendering Specialist located in Bengaluru. The role involves managing the tender process, preparing documentation, analyzing bid requirements, and liaising with stakeholders to secure contracts.QualificationsExperience in tendering, bidding, or...
-
SAP Specialist
2 weeks ago
bangalore, India MidaSys Technologies Full timeSAP FI Specialist Location: Bangalore, India Experience: 8+ years Skills: SAP FI, focusing on AR, AP, GL, EBS and IDOCs SAP EHC Specialist Location: Bangalore, India Experience: 6+ years Skills: SAP EHS specialist, experience in Dangerous Goods, product safety, Global Label Management, and WWI. SAP SD Specialist Location: Bangalore,...
