Procurement Manager

1 day ago

Cochin, Kerala, India Crescentia Infotech Full time ₹ 20,00,000 - ₹ 25,00,000 per year

Position Overview

We are seeking an experienced Procurement Manager with a strong background in the IT sector to oversee and manage the companys technology procurement strategy. The role involves sourcing, negotiating, and managing vendor relationships to ensure cost-effective acquisition of IT hardware, software, and services, while aligning with business goals and compliance requirements.

Key Responsibilities

  • Develop and implement procurement strategies for IT hardware, software, cloud services, and other technology-related requirements.
  • Manage end-to-end procurement cycle including vendor identification, evaluation, selection, negotiation, contracting, and performance management.
  • Collaborate with IT, finance, and business stakeholders to understand requirements and deliver cost-effective procurement solutions.
  • Ensure procurement policies and procedures are adhered to, including compliance with company guidelines and regulatory requirements.
  • Drive vendor performance reviews, establish Service Level Agreements (SLAs), and manage contract renewals.
  • Maintain accurate procurement records, reports, and data analysis to support decision-making and cost optimization.
  • Identify and implement opportunities for process improvements and cost savings.
  • Monitor technology trends, market conditions, and pricing to ensure competitive procurement practices.
  • Mitigate risks in supplier contracts and ensure business continuity through effective vendor management.

Qualifications & Skills

  • Bachelors degree, Supply Chain Management, IT, or related field. A Masters/MBA or professional certification (CIPS/CSCP/ISM) is an advantage.
  • 710 years of procurement experience, with at least 35 years in IT procurement at a senior level.
  • Strong understanding of IT hardware, software licensing models, cloud services (SaaS, IaaS, PaaS), and IT service contracts.
  • Proven negotiation and contract management skills.
  • Experience in vendor management and strategic sourcing.
  • Excellent analytical, problem-solving, and communication skills.
  • Proficiency in procurement tools/ERP systems (e.g., SAP, Oracle, Ariba, Coupa).
  • Ability to work under pressure, prioritize multiple projects, and meet deadlines.
  • Able to manage a team as a procurement lead.

Key Competencies

  • Strategic thinking and decision-making.
  • Strong stakeholder management.
  • Financial and commercial acumen.
  • Attention to detail and risk management.
  • Leadership and team management (if applicable).

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