Procurement Specialist

Job Description

Roles & Responsibility: Responsible for managing procurement for the Events category. Receive fully approved purchase requirements from Response (Times Experience Team), analyze, convert into BOQ, and float in the market Scout the market to Identify & develop the vendor pool for sourcing Ground events, venues, and other digital promotional requirements Negotiate the final cost with shortlisted vendors, make the comparison, and seek price approval Accountable for appropriately sourced procurement needs, building a strong network, and ensuring adherence to established SOPs and processes. Bring cost efficiencies through internal and external benchmarking, use of the latest negotiation tools Create monthly MIS and share with line managers as per agreed formats Create a deep understanding of various spending segments and induce new ideas in the value chain. Identify and lead cost savings, and quality/experience enhancement initiatives with vendors and users. In-depth knowledge of procurement principles, strategies, and best practices. Bring cost efficiencies through strategic thinking and use of technology for efficient management of all projects. Create Deep understanding of various spend segments and induce new ideas in the value chain. Managing annual spend in Events, Campaigns, Seminars, Conferences & Exhibitions spread over different business verticals of the organization, Pan India Collaboration with key stakeholders to develop a Sourcing matrix whilst continuously improving the value derived. Identification & Finalization of vendors basis Category Specializations and Commercials. Formulate & Execute contracts documents ensuring adherence to established processes. collaborate with Purchase-to-Pay (P2P) teams in the region. Accountable for procurement needs being appropriately sourced, building a strong network and Ensures adherence to established procedures on Pan India basis. Bring cost efficiencies through strategic thinking and use of technology for efficient management of all projects. Create Deep understanding of various spend segments and induce new ideas in the value chain. Note : Apply if you have PROCUREMENT Experience only.