Executive - IT Sourcing & Procurement

As an Executive - IT Sourcing and Procurement at the company located in Bangalore and working in the US Shift, your role involves leading and delivering enterprise-wide procurement and cost optimization opportunities. You will assist the Executive Director, Global Procurement in developing procurement strategy, processes, and execution. Your responsibilities include: - Leading planning and execution of strategic sourcing initiatives for prioritized indirect spend categories within Corporate Services such as IT Hardware & Software, Facility Services, HR Recruiting, Contingent Labor, Background & drug screening, Office Supplies, and Travel. - Developing category specifications requirements and scope of work aligned with business requirements and Global Procurement strategy. - Conducting data gathering, spend analytics, and utilizing market intelligence to develop business cases and total cost of ownership models. - Leading evaluations through the development of RFQ, RFI, and RFPs, and participating in negotiations. - Developing negotiation strategies based on supplier proposals and spend/RFP analysis. - Managing supplier selection process and providing data and recommendations for informed selection decisions. - Identifying continuous improvement initiatives such as demand management and process improvements. - Monitoring supply market and identifying opportunities resulting from new product offerings or market shifts. You are required to have: - Minimum of 5 to 7 years of strong category and general procurement experience. - Experience leading all stages of a structured strategic sourcing process for indirect spend categories. - Knowledge of contract fundamentals. - Excellent math, analytical, problem-solving, and project management skills. - Strong interpersonal and communication skills. - Demonstrated ability to work with suppliers. - Strong relationship management experience. - Self-starter with the ability to work independently with minimal supervision. - Ability to drive projects with a sense of urgency and perform in a fast-paced organization with time-sensitive deliverables. - Proficiency in Microsoft Excel, PowerPoint, Word, and knowledge of Procurement tools. - Ability to interact with all levels of Management. - Ability and willingness to work flexible hours. Qualifications required for this role: - Bachelors in Finance, Economics, or Supply Management.,