Demonstrates up-to-date expertise and applies this to the development, execution, and improvement of action plans by providing expert advice and guidance to others in the application of information and best practices; supporting and aligning efforts to meet customer and business needs; and building commitment for perspectives and rationales
Provides and supports the implementation of business solutions by building relationships and partnerships with key stakeholders; identifying business needs; determining and carrying out necessary processes and practices; monitoring progress and results; recognizing and capitalizing on improvement opportunities; and adapting to competing demands, organizational changes, and new responsibilities
Models compliance with company policies and procedures and supports company mission, values, and standards of ethics and integrity by incorporating these into the development and implementation of business plans; using the Open Door Policy; and demonstrating and assisting others with how to apply these in executing business processes and practices
Job Summary:
You will be a part of the Global Procurement supporting in the Technology (IT) Procurement area. As a part of this team, you will be responsible for supporting and aligning with business initiatives, organization goals, and actions focused on sourcing projects. An individual in this position will be expected to perform additional job-related responsibilities and duties as assigned and/or necessary.
What you will do:
Should have managed high spend projects Independently in technology space and have lead pricing negotiation at project level with vendors across categories.
Lead and support the development and execution of the IT procurement strategy.
Manage the end-to-end procurement process for IT products and services, including software, hardware, cloud services, and professional IT services.
Execution of RFPs/RFIs/RFQs in close collaboration with business partners and suppliers.
Analyze market trends, benchmark pricing and supplier landscapes to identify opportunities for cost savings, risk mitigation, and innovation.
Supports supplier negotiations by creating cost models such as Clean Sheet, TCO etc. and assessing range of negotiation outcomes; and executing defined negotiation strategies to ensure business needs are met.
Build and maintain strong relationships with key IT suppliers.
Lead supplier performance management, including setting KPIs, conducting regular reviews, and managing contracts.
Negotiate favorable terms and conditions with suppliers, ensuring alignment with company objectives.
Continuously assess and improve procurement processes to enhance efficiency and effectiveness.
Implement best practices in procurement and sourcing methodologies.
Should have experience in working on Spend Management tools like Coupa & Ariba
Ensure compliance with procurement policies and procedures, including ethical sourcing and corporate governance.
Work closely with internal stakeholders, including IT, finance, legal, and compliance teams, to align procurement activities with business needs.
Provide insights and recommendations to senior management on procurement-related matters, including cost-saving initiatives and risk management strategies.
Support project teams in the sourcing and contracting of IT services and products.
Manage and monitor IT procurement budgets and expenditures.
Identify and realize cost-saving opportunities through strategic sourcing and negotiation.
Track and report on savings, contract utilization, and supplier performance.
Maintain highest levels of commercial confidentiality in all aspects in the entire sourcing process.
Share process improvement ideas with the Manager and work independently with other teams to get it implemented
What you will bring:
Minimum qualifications:
Graduate or Postgraduate
Should have 8-12 years of experience in end-to-end IT Sourcing & Procurement and have lead vendor negotiations independently (Preferred: Strategic Sourcing experience for Technology Procurement)
Understanding of Negotiation tools like eAuction, Clean Sheet Costing, TCO model, Kraljic matrix etc.
Detail oriented, organized team player; flexible, dynamic, and proactive individual; easily accepts constructive input.
Excellent communication and influencing skill with ability to communicate to stakeholders from different continents.
Excellent presentation and MS Office skills.
Experience in ERP(Coupa/Ariba/SAP) and Procurement tools is preferred.
Associate is expected to work in US support hours.