Domestic Procurement - Manager

Hiring Procurement manager for one the global consulting firm.

Location - Bangalore

Experience - 10+ years

Key Responsibilities

▪ Collaboration: Work closely with internal stakeholders to understand their procurement needs andspecifications.

▪ Sourcing and Supplier Management:

• Conducting market research to stay informed about industry trends.

• Identify and evaluate potential suppliers, execute RFx events

• Develop and maintain relationships with key suppliers, negotiating terms and conditions to secure favorable agreements.

▪ Negotiate favorable terms, including pricing, delivery schedules, and payment terms, to achieve cost savings

▪ Risk Assessment: Assests and mitigate risks related to the procurement process, including quality issues and changes in market conditions.

▪ Contract Management: Draft, review, and manage contracts with suppliers, ensuring compliance with legal and organizational standards. Monitor contract performance and enforce contractual

obligations.

▪ Purchase Order Management: Generate purchase orders, ensuring alignment with organizational

requirements. Track and manage order status, communicating with suppliers to resolve any issues or discrepancies.

▪ Vendor Due diligence and Vendor Risk assessment

• Develop and implement thorough due diligence process for onboarding new Vendors

• Design and implement a comprehensive Vendor risk assessment Framework

▪ Compliance:

• Organize and maintain procurement-related documents, including contracts, purchase

orders, and supplier agreements.

• Support compliance efforts by ensuring procurement activities adhere to relevant laws,

regulations, and organizational policies.

Data Analysis:

• Analyzing procurement data to identify cost-saving opportunities and trends

• Prepare reports and presentations on procurement metrics and performance.

▪ Team and People management including goal setting, KPI measures, mentoring and performance

management.

Experience & Education

▪ Experience: 10+ years of experience in Procurement, Strategic sourcing and Contract Management

▪ Education: Masters / Bachelor’s degree or Equivalent. Masters/Diploma in Supply Chain Management will be an added advantage.

Proficient in using procurement software and tools (Example: SAP, Coupa, Ariba) - Preferred