Procurement

About company: It is a multinational engineering and R&D services company Experience : 5+ Years Location : Bangalore Work Mode : WFO Job Title : Procurement Executive / Senior Executive Job Description: We are seeking a skilled and experienced Procurement Executive to manage IT Applications & Cyber Security spend pool covering activities such as Contract Management, Supplier Management, and IT Procurement tasks. Experience: 3- 6 Years of Experience in procurement and strategic sourcing managing Cyber Security, Information Security, IT applications with a proven track record of cost savings and supplier relationship management. Roles & Responsibilities: Develop and implement procurement strategies to ensure cost-effective procurement of goods and services. Process purchase orders and deliver follow up requirements. Manage relationships with suppliers and business stakeholders. Negotiate contracts and manage supplier performance to ensure compliance with agreed terms. New Vendor Development and Supplier Evaluation. Develop and maintain a comprehensive supplier database and ensure all procurement activities are in compliance with local laws and regulations. Drive Process Improvement, automation, digitalization initiatives. Ensure accurate reporting of procurement activities and metrics. Requirements: Proven experience as an IT buyer, Software licensing or a similar role in Engineering R&D, IT, ITES company. In-depth knowledge of procurement and sourcing practices and tools. Strong negotiation, analytical and communication skills. Working knowledge of SAP HANA and ARIBA Sourcing and Microsoft Office Excellent time management and prioritization skills Qualification: Bachelors degree in engineering