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IT Procurement Specialist
1 week ago
Position title: IT Procurement Specialist
CTC: Up to 6 LPAExperience: 3-5 yrs
Location: Bangalore
Working Mode: On-Site
Primary skills: IT Hardware & software sales, B2B sales, B2C sales and End to End sales.
Qualification: Bachelor's degree in business administration, supply chain management, related field.
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 favourable 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.
Requirements:
• Bachelor’s 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 modelling, and procurement tools/software.
• Ability to work independently, prioritise 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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