Specialist - Procurement

Responsibilities:

TheProcurement Specialist is responsible for sourcing, negotiating, and purchasinggoods and services that meet the organizations quality standards, budgetrequirements, and delivery schedules. This role ensures that procurementprocesses are cost-effective, transparent, and compliant with internal policiesand external regulations.

Sourcing& Vendor Management

• Identify, evaluate, and select suppliersbased on price, quality, service, and reliability.
• Develop and maintain strong relationshipswith vendors and key stakeholders.
• Conduct market research to stay updated onindustry trends and supplier performance.

ProcurementProcess & Negotiation

• Prepare and process purchase orders,contracts, and requisitions.
• Negotiate terms and conditions, pricing, anddelivery schedules with suppliers.
• Ensure timely procurement of materials,equipment, and services.

Cost& Quality Control

• Monitorsupplier performance to ensure adherence to quality standards and contractualobligations.
• Analyzeprocurement data to identify cost-saving opportunities and improve efficiency.
• Implementand maintain procurement best practices and strategies.

Compliance& Documentation

• Ensureall procurement activities comply with company policies and relevant laws.
• Maintainaccurate records of supplier contracts, agreements, and purchase documentation.
• Supportinternal and external audits by providing required procurement documentation.

Cross-FunctionalCollaboration

• Work closely with finance, operations, andproject teams to forecast procurement needs.
• Assist in developing budgets and procurementplans aligned with business objectives.
• Resolve supplier or contract disputeseffectively and efficiently.

Keyskills and attributes

• 6-11 years of Procurement/SCM work experience,preferably from IT/ services industry.
• Effective Negotiation and Cost OptimizationSkills
• ERP hands on experience, preferably on Oracle
• Strong Knowledge in Source to Payment processflow.
• Knowledge of relevant regulations necessary tohandle Indian Procurement of Services and Goods
• Vendor Management and Contract Management Skill
• Good level of Stakeholder Management
• Good Knowledge in MS-Office (Excel, PowerPoint,Word)