IT Procurement Executive

6 days ago

Bengaluru, Karnataka, India Shashwath Solution Full time ₹ 15,00,000 - ₹ 25,00,000 per year

Responsibilities:

  • Lead the end-to-end procurement process for IT hardware, software, and services, including vendor selection, negotiation, and contract management.
  • Build and maintain strong relationships with OEM partners and third-party vendors to ensure timely delivery, quality products, and competitive pricing.
  • Strategic Sourcing: Identify cost-saving opportunities and alternative sourcing strategies to optimize procurement processes and achieve cost efficiencies.
  • Contract Negotiation: Negotiate favorable terms and conditions with vendors, including pricing, delivery schedules, and service level agreements (SLAs).
  • Ensure compliance with company policies, industry regulations, and legal requirements throughout the procurement process. Identify and mitigate potential risks associated with vendor relationships.
  • Collaborate with internal stakeholders, including IT teams, finance, and business units, to understand their requirements and align procurement activities with organizational goals.
  • Develop and manage procurement budgets, forecast expenditures, and track costs to ensure adherence to financial targets and objectives.
  • Stay abreast of industry trends, market developments, and emerging technologies to drive innovation and improvement in procurement processes and practices.

Qualifications:

  • Bachelors degree in business administration, Supply Chain Management, or related field.
  • 2-4 years of experience in IT procurement, vendor management, and enterprise-level IT infrastructure and solution services.
  • Proven track record of successfully managing procurement projects, negotiating contracts, and driving cost-saving initiatives.
  • Strong understanding of IT hardware, software, and services, with knowledge of leading OEM partners and industry best practices.
  • Excellent communication, negotiation, and interpersonal skills, with the ability to build and maintain effective relationships with internal and external stakeholders.
  • Analytical mindset with proficiency in data analysis, financial modeling, and procurement tools/software.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced and dynamic environment.
  • Relevant certifications in procurement, supply chain management, or ITIL are a plus.

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