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Manager - Procurement
Axis Max Life Insurance
posted 3mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
He/she would be instrumental in identifying, building and managing effective relationships with key suppliers and in improving the performance and capability of all significant sources of supply.
Effectively utilize strategic sourcing and supplier relationship management processes to achieve company goals of securing continuity of supply of goods and services, reducing total cost of ownership, improving supplier quality, establishing external partnerships to accelerate innovation, negotiate and structure cost effective and risk mitigated commercial models while executing cost optimization initiatives. Support organizational strategies to achieve corporate objectives.
Job Purpose
- Negotiation and Sourcing of services related to Marketing, Ecommerce, SEO, Customized Merchandise, Gifting, Trainings.
- Negotiation and finalization of Rate Card with large chain of Hotels, Airlines, Travel Desk, Large Mice Groups (Both International and Domestic).
- Hands on experience in vendors evaluation, rating and selection.
- Handle around total spend of approx. 100 Cr for year.
- Experience of working in larger team of Procurement Professionals
- Consolidate volume/ vendors for category / Sub category under role, develop new vendors to release savings.
- Manage multiple mix of tactical and strategic, in various categories and ensure timely closure of contract and release of Purchase Order as per agreed SOP.
- Led key initiatives, take full responsibility of the projects handled and keep users and stakeholders posted on the developments.
- Draft RFP, RFQ, RFI on Ariba for handled project and conduct e-Auction and related sourcing event.
- Prepare selection criteria for suppliers who can provide goods/services in accordance with the needs of the internal customers, negotiate rates, set up contracts and manage supplier relationships.
- Achieve given business targets on SLAs, Cost reduction and key control indicators.
- Manage and maintain internal customers, supplier relationships and customers.
- High level of internal customer orientation, proactive approach and focus on meeting agreed SLAs.
- Perform ongoing relationship management with Internal and External customer in order to increase satisfaction and improve interaction. Conducting regular monthly meeting with critical business / suppliers.
- Meet all statutory and legal compliance requirements as per policy.
Job Accountabilities
Professional Qualification
- Engineering Graduate / MBA
- Preferred Any Professional Qualification
Desired Skills & Experience
- 8-10 years of relevant experience in services procurement and similar domain
- Mandatory experience of driving supplier selection, negotiations, purchase order management, contracts negotiation, supplier management etc.
- Experience in similar commodity will be preferred
- Working on Ariba (Mainly on RFP, RFQ, RFI etc.), Oracle.
- Strong negotiation skills and cost analysis.
- Analytical and commercial acumen
- Strong interpersonal and communication skills (Verbal & Written)
- Good presentation skills, excel, and system knowledge
- Strong process understanding and adherence to processes
Primary Interactions
- External - Vendors.
- Internal - Internal Customers/Business Groups.
Values
Customer Obsession
o Go beyond the creating customer delight
o Understand the customer business needs and implement strategies to find value added solution to business problems
Collaboration
o Solution Oriented, Inspire by bridging gaps
o Encourage others to give their best and go beyond the normal call of duty
Growth Mindset
o Uses insights and intellect to raise the bar, continually challenges the boundaries
o Sets stretched goals and pushes self and others to maximize outcomes
Highest degree of Ethics and Integrity
Employment Type: Full Time, Permanent
Read full job descriptionPrepare for Procurement Manager roles with real interview advice
Top Axis Max Life Insurance Procurement Manager Interview Questions
Q1. tax slabs and why anyone should buy a insurance policy rather then Invest in FD
asked in
Sales Manager interview
Q2. how to motivate other persons to sell a insurance policy.
asked in
Sales Manager interview
Q3. Can you handle pressure as there will be lot of pressure?
asked in
Aadm interview
What people at Axis Max Life Insurance are saying
Procurement Manager salary at Axis Max Life Insurance
reported by
7
employees
with 10-14
years exp.
₹11
L/yr - ₹17
L/yr
11%
less
than the average Procurement Manager
Salary in India
View more details
What Axis Max Life Insurance employees are saying about work life
based on 5.4k employees
Flexible timing
Monday to Saturday
Within city
Day Shift
Axis Max Life Insurance Benefits
Job Training 
Soft Skill Training 
Health Insurance 
Work From Home 
Team Outings 
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