Procurement Operations - PR To PO Process Owner - SM / AVP

Job Description

ROLE SUMMARY To support the delivery of a cost-effective and efficient Procurement Operations – Purchase Order management within Strategic Procurement Unit of Yes Bank. Supports the vertical head – procurement operations to optimize procurement operations activities of Requisition to Purchase Order issuance and lifecycle and other related drivers and is responsible for leading all efforts in these disciplines to efficiently and effectively enable owners such as business units and functional partners to maximize the value they receive from suppliers to meet their business objectives. KEY RESPONSIBILITIES/ ACCOUNTABILITIES Strategic/ Managerial Responsibilities Develop and drive Procurement Operations – Order management Ensure that robust workflows are developed and implemented to achieve a high level of service and support for the business units Develop benchmarks and scorecards to be used for continuous improvement Engage with relevant stakeholders to ensure Support, implementation and compliance of group procurement PR/PO stream related framework. Develop terms and conditions for the purchase orders for various categories along with other internal stakeholders Map items and buying categories of Yes Bank requirements with various buying channels like catalog, requisition, rate contract etc. Core Responsibilities Full accountability for all Purchase Requisition to Purchase Order process related activities. Create and manage Rate contracts in the Procure to Pay systems/ tools Create and manage internal and punch-out Catalogs in the Procure to Pay systems/ tools Oversee the development of leading practice processes/policies and procedures, systems, and tools to manage all aspects of PR/PO process stream and master data management Maintain and develop effective relationships with critical vendors and Internal business units to ensure that YB is regarded as customer of choice and gain commercial advantage from such relationships Work with upstream and downstream process owners for effective order management Implement various buying channels based on the mapping for enabling user experience Create effective relationship and engagement with internal stakeholder’s / business units / requisitioner Promote effective management of suppliers thru’ periodic Vendor performance evaluation Periodic reporting on the activities Continual improvement in performance and efficiency KEY INTERACTIONS Key External Interactions Purpose of Interaction Ensure procurement policy and guideline compliance with all functions of YB Accountable for overall governance for PR/PO process stream within procurement Ensure compliance with regulatory requirement and internal/ external auditors KNOWLEDGE & EXPERIENCE KNOWLEDGE Minimum Qualifications Commerce or Science Graduate with Management PG qualifications (preferred) Professional Certifications Procurement specific certifications would be good to have. Language Skills Written and spoken English is essential EXPERIENCE Years of Experience 10+ years Nature of Experience Atleast 6 years of experience in similar scale (Previous exp in BFSI sector would be preferred) on Purchase order management process Hands on experience in functional area on SAP Ariba/Coupa/Oracle or similar application is mandatory Show more Show less