Marketing Procurement

Title: Marketing Procurement

Shift: EST Shift (6:30pm - 3:30am IST)

Work Location: Vadodara/Bangalore (Onsite)

Will be responsible for supporting Indirect sourcing initiatives with respect to non-IT projects, leveraging the seven-step strategic sourcing process, and helping to manage daily purchasing activities from requisition to purchase order to order fulfillment to inventory management to invoice submissions, primarily supporting marketing and administration categories (HR, corporate functions, and training). Ensures that purchases are made utilizing a formal strategic sourcing process at the lowest cost and highest quality consistent with the needs of the internal stakeholder, and in alignment with company policies and procedures.

Specific responsibilities include, but are not limited to:

• Ensure all purchases are made in accordance with company policies and procedures while leveraging and maintaining the integrity of purchasing systems and utilizing the seven-step strategic sourcing process.
• Establish NDAs, purchase orders and conduct contract agreement business term negotiations, as appropriate.
• Support renewal requests, budgetary pricing requests, contract inquiries and SOW review requests.
• Maintain appropriate documentation and files for all purchases and monitor supplier performance.
• Support the improvement and upkeep of sourcing templates and other documentation used within Indirect Purchasing.
• Working with finance and AP in processing payments, extending payment terms, and share payment instruction with vendors.
• Meets with business users and sourcing team members to understand business priorities and translate them into strategic procurement plans; comprehends the industry and the Marketplace.
• Identify cost saving opportunities using competitive bidding (RFx), negotiations, and drive service improvements. Measure and report savings with substantiated calculations for P&L, non-P&L and cost avoidance.
• Conduct market research and share data insights
• Work very closely with procurement analyst in collating spend data.
• Collaborate with internal Teams (Legal, Finance, IT) to mitigate risk during contract negotiations.
• Report on active projects and contribute to collaborative, cross-functional reports.
• Executes risk mitigation, business continuity, cost management, and operation strategies.
• Responsible to monitor, mentor, and manage front office support
• Perform other duties as assigned

Level Based Competencies:

• Building Strategic Working Relationships
• Business Acumen
• Planning and Organization
• Strategic Decision Making
• Ability to Manage Multiple Projects in a fast-paced, dynamic environment

Technical Knowledge/Skills:

• Understanding of purchasing and sourcing concepts, practices, and procedures
• Negotiation skills
• Familiar with financial management and comfortable with performing analysis
• Ability to excel in a matrix management environment
• Supply Chain knowledge

General Knowledge/Skills:

• Excellent time management skills
• Familiar with project management and vendor management skills
• Strong teamwork and interpersonal skills

Education/Experience:

• Bachelor's Degree in the field of supply chain, procurement, or business
• Minimum 5+ years of experience in procurement with corporate purchasing focus
• Experience in use of P2P systems.