IT Procurement

1 week ago

Bengaluru, Karnataka, India Information Services Group Full time ₹ 9,00,000 - ₹ 12,00,000 per year

POSITION SUMMARY:

ISG seeks a Procurement/Sourcing Specialist to work within a team and to be responsible for procurement and various procurement activities for our client base. The Procurement Specialist will be part of a center of excellence and will perform outsourced procurement work for various clients.

ESSENTIAL JOB FUNCTIONS:

  • Develop sourcing strategies for enterprise software (on-prem & SaaS), hardware (servers, storage, networking, end user devices), and IT services.
  • May be responsible for supplier selection, contract authoring, negotiations, workflow management, RFX processes (RFI, RFP & RFQ), Playbooks and other miscellaneous procurement tasks
  • Analyze technology agreements and client data in order to identify savings opportunities; makes recommendations based on analysis
  • Negotiate business terms on behalf of clients for software, hardware and service agreements ranging from $35k-hundreds of millions
  • Review, negotiate and initiate contracts s directly with Service Providers on behalf of clients
  • Manage required reporting to client
  • Manage renewals, true-ups, and cloud consumption contracts (AWS, Azure, GCP, etc.)
  • Perform contract research and address client queries around IT Agreements
  • Provide contract negotiation support in the form of RFX's, supplier negotiation, contract research, review and analysis, as necessary
  • Assist in the development of process improvement strategies to the contract lifecycle process
  • Work closely with CIO/CTO organization, cyber security, finance, and Legal to align sourcing decisions with IT roadmap and compliance standards.

REQUIREMENTS:

  • At least 10 to 15 years' experience in sourcing/procurement with at least 7 years in IT software/hardware procurement.
  • Strong understanding of software licensing models (SaaS, PaaS, IaaS, Subscription, Perpetual)
  • Experience in industry procedures, costs, and terms
  • Proficient computer skills, including Microsoft Office Suite
  • Proficiency with procurement and IT asset management tools (SAP Ariba, Coupa, ServiceNow, Flexera, Snow etc.)
  • Experienced at compiling and following strict budgets
  • Able to multi-task, prioritize and manage time efficiently
  • Exposure on RFX
  • End to end procurement experience
  • Must have experience in contract negotiations

At ISG, we don't just accept difference — we celebrate it, we support it, and we thrive on it for the benefit of our employees, our clients, and our communities. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. ISG is proud to be an equal opportunity workplace and we are committed to creating an inclusive environment for all employees. The more diverse and inclusive we are, the better our work will be.

The duties and responsibilities described in this job description may not be a comprehensive list. Additional tasks may be assigned to the employee from time to time and/or the scope of the job may change as necessitated by business demands.

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