Sr. Purchase Analyst

Work Location: Mumbai

Key Responsibilities

• IT Requirement Analysis: Review and analyze IT Bills of Material (BOMs), technical specifications, Statements of Work (SOWs), and business requirements to ensure accuracy, completeness, and alignment with technology needs.

• End-to-End IT Procurement: Manage the complete procurement lifecycle for IT hardware, software, SaaS/cloud solutions, IT infrastructure, licenses, subscriptions, peripherals, and technology services.

• Procurement Operations: Manage day-to-day IT procurement activities, including requisitions, approvals, purchase orders (POs), vendor coordination, delivery tracking, invoice-related queries, and escalation management.

• Commercial Negotiation: Lead negotiations with IT vendors to achieve competitive pricing, favorable commercial terms, payment terms, warranties, service levels, and other contractual commitments.

• Contract & License Management: Draft, review, negotiate, and manage IT vendor contracts, licensing agreements, subscriptions, SOWs, and SLAs in coordination with Legal, Finance, IT, and other stakeholders.

• Stakeholder Management: Partner with IT teams, business functions, Finance, Legal, Information Security, and other stakeholders to understand technology requirements and ensure timely procurement.

• Vendor Management: Identify, evaluate, onboard, and manage IT vendors while developing strong strategic relationships to ensure quality, reliability, service continuity, and commercial competitiveness.

• Technology Spend Management: Analyze IT spend and vendor proposals to identify opportunities for cost savings, consolidation, standardization, and optimization of technology investments.

• IT Asset & Lifecycle Support: Support procurement activities related to the IT asset lifecycle, including new purchases, renewals, upgrades, replacements, and technology refresh requirements.

• Renewals Management: Track and manage software licenses, SaaS subscriptions, support contracts, AMC/ATS agreements, and other technology renewals to ensure timely action and avoid business disruption.

• Governance & Compliance: Ensure adherence to procurement policies, authorization matrices, vendor governance, information-security requirements, and ethical standards.

• Multi-Location Support: Independently manage IT procurement requirements and stakeholder expectations across FSL locations, ensuring consistency, efficiency, and timely delivery.

Education & Skills

• Bachelor’s or Master’s degree in any discipline; Supply Chain Management, Procurement, IT, Technology, or Business Management will be preferred.

• Relevant experience in IT Procurement, Technology Sourcing, Vendor Management, IT Commercials, or Procurement will be preferred.

• Strong understanding of IT procurement categories such as hardware, software, SaaS, cloud, IT infrastructure, licensing, IT services, and support contracts.

• Proficiency in Microsoft Office Suite, particularly Excel, Word, Outlook, and MS Teams.

• Strong analytical, numerical, commercial, negotiation, and problem-solving skills.

• Excellent verbal and written communication skills with the ability to effectively engage with technical and business stakeholders.

• Strong understanding of vendor evaluation, commercial negotiations, contracts, SLAs, licensing, and procurement governance.

• Ability to manage multiple procurement activities independently, prioritize requirements, and deliver outcomes within timelines.

• Ability to work effectively with IT, Finance, Legal, Information Security, business teams, and external technology partners."