Assistant Manager - Procurement (5-7 yrs)

- We are seeking an experienced Assistant Manager - Procurement to oversee the strategic sourcing and procurement of goods and services across IT, Marketing, and HR spend categories.

- The role involves managing supplier relationships, driving cost-effective procurement strategies, and ensuring compliance with corporate policies.

- The ideal candidate will demonstrate expertise in vendor management, cost analysis, and supply chain optimization while fostering collaboration across internal teams.

Roles and Responsibilities:

Develop and execute strategic sourcing strategies to enhance supplier quality, cost-effectiveness, and service levels.

- Lead category management efforts, including the preparation and execution of RFIs and RFPs.

- Collaborate with cross-functional teams to select suppliers and negotiate contracts aligned with organizational needs.

- Actively research industry trends to optimize procurement processes and leverage best practices.

- Conduct supplier negotiations and develop detailed strategic plans to meet operational goals.

- Monitor and manage supplier performance through scorecards and key performance indicators.

- Analyze spending data to identify cost-reduction opportunities and create actionable plans.

- Implement supplier management programs, including performance tracking and improvement initiatives.

- Work closely with Finance to establish and monitor forecasts, budgets, and cost-saving targets.

- Drive the consolidation of spend across business units to achieve synergies and cost efficiencies.

- Ensure compliance with SOX and other regulatory requirements while maintaining supplier relationships.

- Provide regular reports on procurement activities, supplier performance, and strategic outcomes.

Skills and Qualifications Required:

Education: Bachelor's/Master's degree in Business, Marketing, Supply Chain Management, or a related field.

Experience:

- Minimum 5 years of procurement, strategic sourcing, and purchasing experience.

- Proven experience managing HR, Marketing, and IT spend categories.

- Hands-on experience in supplier negotiations and sourcing strategy development.

- Familiarity with procurement tools like Coupa and Oracle software.