Procurement Specialist

Job Title: Procurement Specialist

Job Type: Remote - India

Job Summary

The Procurement Specialist plays a pivotal role in managing procurement contracts across key technology categories—including hardware, software, network/telecom, and IT services. This position ensures the organization secures optimal technology solutions at competitive pricing while adhering to internal governance and external regulatory standards. The analyst collaborates cross-functionally with IT teams, vendors, and business stakeholders to negotiate, execute, and manage contract lifecycles effectively.

Core Responsibilities

• Strategic Procurement Execution: Lead the acquisition of IT assets and services, ensuring timely delivery, cost efficiency, and alignment with business needs.
• Vendor & Supplier Management: Build and maintain robust relationships with technology vendors. Negotiate pricing, terms, and service-level agreements to maximize value and mitigate risk.
• Regulatory & Policy Compliance: Ensure all procurement activities conform to corporate policies, industry best practices, and applicable legal standards.
• Contract Lifecycle Oversight: Administer end-to-end contract processes—including initiation, renewal, amendment, and termination—across IT categories.
• Entitlement & Inventory Governance: Maintain accurate records of contract entitlements, licensing, and asset inventories to support audit readiness and operational transparency.
• Cross-Functional Collaboration: Partner with IT and business units to understand technology requirements and deliver procurement solutions that support strategic initiatives.
• Performance Reporting & Analytics: Generate actionable reports on procurement metrics, cost savings, and vendor performance for executive stakeholders.

Minimum Qualifications

• Bachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related discipline
• Minimum 5-6 years of experience in MSAs, SLAs, SOWs, KPI, procurement, supply chain operations, data analysis
• Proven expertise in negotiating complex contracts across various domains
• Strong analytical, problem-solving, and decision-making capabilities
• Excellent communication and stakeholder engagement skills
• Experience managing large-scale contracts in hardware, software, managed services, or telecom

Preferred Skills & Competencies

• Deep understanding of procurement methodologies and vendor management frameworks
• Familiarity with IT systems, infrastructure, and software licensing models
• Advanced conflict resolution and mediation skills for handling escalations
• Ability to prioritize tasks and manage multiple concurrent projects in a dynamic environment
• Results-driven mindset with a structured, analytical approach to problem solving
• Proficiency in using procurement tools and reporting platform