Procurement Practice Associate

Skill required: Procurement Operations - Spend analysis


Designation: Procurement Practice Associate


Qualifications:BBA/Master of Business Administration


Years of Experience:1 to 3 years


What would you do?
Go beyond processing purchase orders at lower costs to help clients reap savings and value from the billions they spend on the goods and services that run their day-to-day business operations. You will be working as a part of Procurement management team which uses a systematic approach for buying all the goods and services needed for a company to stay sustainable. They are involved in the identification of need, finding and qualifying the suppliers, requesting proposals, negotiating with suppliers, contracting, delivery and analyzing results.You will be working on Spend analysis which is a the process of collecting, cleansing, classifying and analyzing expenditure data with the purpose of decreasing procurement costs, improving efficiency, and monitoring compliance. It can also be leveraged in other areas of business such as inventory management, budgeting and planning, and product development.


What are we looking for?
"Proficiency with tools like SAP, Icertis Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint)"

Bachelor's degree in Business Administration, Supply Chain Management, or related field.Category ExpertiseUnderstanding of Automation ToolsRelevant certifications (e.g., CPSM, SCMP) are advantageous

Roles and Responsibilities:

Manage the day-to-day operations of the Req to PO process, ensuring timely and accurate creation of purchase orders from requisitions, Post PO and Spot Buy Activities and Invoice Exception processSupervise and lead a team of procurement specialists by delegating tasks, providing coaching, and monitoring performance against KPIs and SLAs.Analyze process data to identify areas for improvement and implement new procedures to streamline the Req to PO process, Spot buy and Post PO process, Invoice exception processCollaborate with the client on continuous improvement initiatives specific to Req to PO, Spot Buy and Post PO activities and Invoice exception processEnsure updated process documentation, including flowcharts and standard operating procedures (SOPs), ensuring alignment with client requirements."Internal Reporting to Mgmt, Highlight and Manage Risk, Develop & Knowledge on FMEA""People Mgmt - Must have driven a team of 25-30 + people, Strong Analytical skills and Aptitude"Proven experience in managing high-volume Req to PO processes, Spot buy and Post PO and invoice exception activitiesExcellent analytical and problem-solving skills with a focus on meeting client deadlines.Ability to work independently, manage multiple priorities, and delegate tasks effectively.Excellent communication, interpersonal, and leadership skills with the ability to manage and motivate a team in a fast-paced environment.Strong understanding of procurement principles, best practices, and internal controls.Can develop and maintain comprehensive reports on procurement activities like cycle time, SLAs, KPIs and can identify trends and insights from the procurement data to drive outcomes"Very Strong Excel, Powerpoint skills , Drive overall governance for all the activities within a process."Strong Analytical skills and Aptitude


Qualifications
BBA,Master of Business Administration