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Executive Procurement
Ascendion
posted 7mon ago
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Flexible timing
Key skills for the job
Job Description
- Purchases of goods and services are expected to be delivered at the lowest cost and highest quality consistent with the needs of the internal stakeholder, and in alignment with company policies and procedures.
- Specific responsibilities include, but are not limited to:
- Ensure all purchases are made in accordance with company policies and procedures while leveraging and maintaining the integrity of purchasing systems.
- Establish NDAs, purchase orders and contract agreement business term negotiations, as appropriate.
- Support renewal requests, budgetary pricing requests, contract inquiries and SOW review requests.
- Maintain appropriate documentation and files for all purchases and monitor supplier performance.
- Support the improvement and upkeep of sourcing templates and other documentation used within Indirect Purchasing.
- Working with finance and AP in process payments and share payment instruction with vendors.
- Meets with business users and sourcing team members to understand business priorities and translate them into strategic procurement plans; comprehends the industry and the Marketplace.
- Identify cost saving opportunities using competitive bidding (RFx), negotiations, and drive service improvements. Measure and report savings with substantiated calculations for PL, non-PL and cost avoidance.
- Conduct market research, benchmarking, and share data insights.
- Collaborate with internal Teams (Legal, Finance, IT) to mitigate risk during contract negotiations.
- Report on active projects and contribute to collaborative, cross-functional reports.
- Executes risk mitigation, business continuity, cost management, and operation strategies.
- Oversee and handle office administration across all offices along with the facilities team and leverage suppliers base to increase product quality and control cost.
- Perform other duties as assigned
- Level Based Competencies:
- Building Strategic Working Relationships
- Ability to deliver monthly reporting indicating actionable data
- Business Acumen
- Planning and Organization
- Strategic Decision Making
- Ability to Manage Multiple Projects
- Strong Communication Skills
- Technical Knowledge/Skills:
- Understanding of purchasing and sourcing concepts, practices, and procedures
- Strong understanding and application of the 7-step strategic sourcing life cycle
- Negotiation skills
- Excellent computer skills
- Familiar with financial management and comfortable with performing analysis
- Ability to excel in a matrix management environment
- Supply Chain knowledge
- General Knowledge/Skills:
- Excellent verbal and written communication skills
- Excellent organizational and follow up skills with a strong attention to detail
- Ability to adapt to a changing environment
- Strong analytical and problem-solving skills
- Excellent time management skills
- Familiar with project management and vendor management skills
- Strong teamwork and interpersonal skills
- Education/Experience:
- Bachelors Degree in the field of supply chain, procurement, or business
- Minimum 3+ years of experience in procurement, corporate purchasing focus is helpful
- Experience in use of P2P systems and workflows to reconcile the request to the PO, to the receipt to the invoice.
Employment Type: Full Time, Permanent
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People are getting interviews at Ascendion through
People are getting interviews through
(based on 22 Ascendion interviews)
Job Portal
Campus Placement
Company Website
54%
18%
5%
23% candidates got the interview through other sources.
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Confidence
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High Confidence means the data is based on a large number of responses received from the candidates.
What people at Ascendion are saying
Procurement Executive salary at Ascendion
reported by
1
employee
with 8
years exp.
₹3.6
L/yr - ₹4.6
L/yr
At
par with the average Procurement Executive Salary in India
View more details
What Ascendion employees are saying about work life
based on 57 employees
Flexible timing
Monday to Friday
No travel
Night Shift
Ascendion Benefits
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Ascendion Bangalore / Bengaluru Office Location
Bengaluru/Bangalore, Karnataka Office
Prestige Blue Chip Software Park, 2nd Floor, Block 1, No 9, Hosur Road, Dairy Circle, Adugodi
Bengaluru/Bangalore, Karnataka
560029
560029
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