Procurement Executive

1 week ago

Bengaluru, Karnataka, India Conneqt Full time ₹ 8,00,000 - ₹ 12,00,000 per year

Roles and Responsibilities:

  • Demonstrate a solid understanding of commercial and contractual terminologies, draft and/or amend a variety of agreements with vendors
  • Advanced knowledge of supply chain, procurement, logistics and payment processes.
  • Contract management - Ensure the organization's contract documentations are accurate and well maintained; inform business and legal team when to take actions
  • Competency in integrated supply chain management software; like SAP etc.
  • Identify opportunities to improve business processes and devise plans for the implementation
  • Resolving day-to-day supply issues and promoting operational consistency.
  • Manage "tactical" vendors regarding onboarding, offboarding, performance, and contract compliance
  • Support the development of vendor performance scorecards in partnership with business teams
  • Partner with internal teams as needed (Plan, Execute and support) to ensure requirements and quality standards are met for sourcing efforts in assigned areas
  • Partner with key internal resources to ensure an effective negotiating strategy is set and aligned to business requirements to obtain the best overall value based on performance
  • Manage critical, complex and high value sourcing projects. Identify and escalate risks, issues, and other action items of vendors
  • Monitor vendor deliverables and contractual obligations
  • Execute and troubleshoot the full lifecycle for purchase operations from order entry, receipts (as needed), invoicing and ongoing business/vendor support accurately, timely, and in accordance with Company's policies and procedures and proper audit trail
  • Ensure vendor payments are made accurately, timely and have proper supporting details
  • Make continuous improvement to the process
  • Stakeholder management and accountability for results

Work experience:

  • 2 to 4 years of experience in indirect procurement Multiple sub category experience in an IT services company will be preferred (IT, Non-IT and Professional services)

Minimum Qualifications:

  • Bachelor's degree, candidates with sourcing and procurement operations experience will be preferred

Primary Skills:

  • Good communication and interpersonal skills to build effective relationships with stakeholders
  • Ability to influence senior stake holders and cross functional teams
  • A team player with ability to work with people from all levels
  • Knowledge of advanced MS Excel/ MS Office
  • Data collection, collation and representation skills
  • Negotiation, contract management, Problem solving and analytical skills
  • Customer and service centric mind set - placing the user at the heart of the solution
  • Agile and should be able to handle critical, timebound & complex sourcing projects
  • Risk management - should be able to identify potential risks and develop strategies to mitigate it
  • Multi-tasking skill and respond effectively to the challenges faced
  • Self-starter and strong liaising, project management, co-ordination, planning and facilitating skills

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