Executive - Procurement

Grade:

Position Name: Executive - Procurement

Company overview

Get to Know the Opportunity

To build a more effective and efficient Procurement function, through better process definition, vendor management, controlling OPEX and CAPEX requirements and higher accountability

The Contributions You Will Make

• To work with multiple vendors to determine the best deals for the company, and have to evaluate the many pros and cons of each, based on price, quality, speed of delivery and other factors.

• To use the information gathered by yourself and the purchasing agents to make decisions on behalf of your company.

• To discover profitable suppliers and initiate procurement partnerships

• To Negotiate with external vendors to secure advantageous terms

• To ensure that policies and processes for the purchasing, contract management, etc., are defined and adhered to

• To ensure processes linking procurement and finance activities are defined and adhered to

• Documentation on budget review

• Regular MIS reporting

• Resolve vendor / contractor grievances and claims against suppliers

•  Ensure that policies and processes for the purchasing, contract management, etc., are defined and adhered to

• Ensure processes linking procurement and finance activities are defined and adhered to

•  Documentation on budget review

•  Regular MIS reporting

•  Resolve vendor / contractor grievances and claims against suppliers

Education Qualification

Degree: Graduate or MBA 

Expected Minimum Knowledge & Experience

1-3 years experience in procurement in the IT Industry Must have handled both IT and non IT purchases.

Other Required Critical Skills

Functional knowledge of any ERP tool like SAP, Oracle, etc

 Understanding of market for various products and services

Talent in negotiations and networking 

Good knowledge of supplier or third party management software 

Experience in collecting and analyzing data

Negotiation skills

Aptitude in decision-making and working with numbers