Buyer Analyst

2 days ago

Bengaluru, Karnataka, India Teamware Solutions Full time ₹ 6,00,000 - ₹ 18,00,000 per year

Job Title: Senior Buyer

Duration: 6 Months (Contract)

Work Location: Bangalore, India

Department: Group Procurement

About the Department:

Group Procurement is responsible for delivering value to the business through strategic sourcing, supplier relationship management, and process excellence. The department ensures procurement practices align with business goals, compliance standards, and sustainability objectives.

Position Overview:

The Senior Buyer will support the Group Procurement function by managing sourcing and procurement activities within the assigned category (primarily IT Professional Services). The role involves executing sourcing strategies, negotiating supplier agreements, managing procurement pipelines, and ensuring compliance with organizational policies and procedures.

Key Responsibilities:

  • Support the delivery of category strategies and deployment of supplier relationship management (SRM) programs.
  • Participate in the development of sourcing strategies, including risk assessment and identification of key deliverables.
  • Lead sourcing and negotiation activities for low to medium spend Statements of Work (SOWs).
  • Analyze financial and commercial structures, engaging Legal and Finance as needed to ensure compliance and budget alignment.
  • Collaborate with SOW owners to confirm renewal requirements and scope accuracy.
  • Coordinate with project leads or vendor managers to ensure timely purchase request submissions.
  • Support Category Leads and Category Managers with SRM activities and handle assigned supplier relationships.
  • Oversee purchase request (PR) and purchase order (PO) pipelines for the assigned category of spend.
  • Review project pipelines, PR/PO approvals, and SOW approvals in systems such as Fieldglass, liaising with Category Leads and Managers.
  • Ensure all purchase requests meet compliance standards, including proper approval, contracts, SOWs, and supplier onboarding.
  • Keep stakeholders updated on sourcing project statuses and progress.
  • Conduct market and industry research to identify trends, risks, and opportunities.
  • Support sourcing activities across other categories as required, based on workload and business priorities.

Required Qualifications & Experience:

  • Experience: 46 years of experience in procurement or buying, preferably in IT Professional Services (e.g., developers, testers, system implementors, business analysts).
  • Education: Bachelor's degree in Business, Supply Chain Management, or a related field.
  • Strong commercial acumen and proven negotiation skills.
  • Excellent communication (written and verbal) and stakeholder management abilities.
  • Proven ability to build positive supplier relationships and influence stakeholders up to senior management level.
  • Experience with market and category analysis to support sourcing decisions.
  • Strong IT proficiency, including Microsoft Office (Excel, PowerPoint, Teams, SharePoint, Outlook).
  • Experience using procurement tools such as Ariba and Fieldglass (desirable).
  • Ability to manage multiple priorities, meet deadlines, and deliver high-quality outcomes.
  • Analytical, problem-solving, and decision-making skills with a proactive and collaborative mindset.
  • Demonstrated ability to work effectively with onshore and offshore teams.

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