Executive Procurement

About the role

Requisites Education: Bachelor's Degree in IT / B.E / B.Tech or BBA Experience (years): 2 to 3 years Industry / Technology background: IT Location: Bangalore Working Hours: 1pm to 9.30pm Pre-employment checks: Role Summary: Responsibilities: 1. Procurement Operations: - Create PRs, POs, etc in SAP and act as an administrator for procurement applications and mailbox. - Conduct market research and analysis to identify emerging trends, technological advancements, and cost-effective alternatives for procurement. - Collaborate with stakeholders to understand their requirements and provide strategic guidance on procurement decisions. - Develop and maintain relationships with stakeholders and suppliers to ensure the availability of high-quality products and services at competitive prices. 2. Cost Optimization and Savings: - Identify opportunities for cost savings and negotiate favorable terms and pricing with vendors. - Evaluate existing contracts and agreements to identify areas for optimization and renegotiation. - Research and recommend alternative solutions and products that are more cost-effective while meeting quality and performance requirements. - Develop and implement initiatives to reduce maverick spend and drive overall procurement savings. 3. Team Work and Collaboration: - Foster a collaborative and results-oriented work environment, promoting effective communication and teamwork. - Ensure timely and accurate completion of procurement activities, including RFQs, RFPs, and contract negotiations. - Collaborate with cross-functional teams, including IT, finance, and legal, to streamline processes and drive efficiency. 4. Compliance and Risk Management: - Ensure compliance with company policies, procedures, and regulatory requirements during the procurement process. - Identify and mitigate procurement-related risks and implement appropriate controls. - Stay updated on industry regulations and best practices related to IT procurement. Qualifications: - Bachelor's degree in Business Administration, Supply Chain Management, Engineering or a related field. - 2-3 years of experience in procurement is preferable. - Knowledge of the IT industry, hardware and software including the latest technological developments, emerging trends, and market dynamics would be an advantage. - Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment. Desirable: Technologies Hands-on Experience (Years) Priority Desirable Tech 2 Desirable Tech 3 Desirable Tech 4 Desirable Tech 5 Desirable Tech 6 Overall Project/Task description A junior candidate who has experience in global procurement/sourcing and has good knowledge of SAP MM. He/She will be working as an Executive, Must be fluent in English- writing and oral skills.

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Company Intel

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