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42 Virtue Sources Jobs

Procurement Specialist

1-5 years

Bangalore / Bengaluru

1 vacancy

Procurement Specialist

Virtue Sources

posted 5mon ago

Job Description

Procurement Specialist Job Location: Bangalore Salary: 12 lacs p.a. Experience: 5+ years

IT procurement specialist must create explicit needs for IT related products and services. The IT procurement specialist ensures that all the IT products and services are acquired as per the needs of the organization to ensure it runs efficiently. The IT procurement specialist leads and manages all phases of the procurement process. The IT procurement specialist evaluates and identifies the organization and
stakeholders needs. Additionally, negotiates contracts, pricing, terms, and service level agreements.

An IT procurement specialist having an in-depth knowledge of the procurement process and identifying business and strategic needs for IT will help the organization growth. Understanding the IT procurement process will guide you in procuring the right solutions for the organization.

Responsibilities of IT Procurement Specialist:

. Good vendor network in the Market for IT goods and services required for the business
Identify suppliers of goods and services, has a database of suppliers in the Market
Onboarding of vendors after due diligence maintain proper vendor check
Negotiate terms with suppliers such as price, quality of goods, deadlines, Terms conditions, etc.
Liaise with suppliers regarding updates supply of goods services
Create purchase orders or service agreements and tally these with purchase requests, delivery challans,


Analyze Invoices to ensure accuracy of goods delivered PO Terms
Ensure the goods or services reach the purchase requestor
Attend meetings with the legal department to ensure any contractual obligations are favorable to the company
Work closely with the business other departments to understand details of procurement requirements, ensure delivers what is required
Conduct quarterly/semi-annual vendor evaluation checks
Works serves other departments as per TAT SLAs set by the Management

Qualifications for Procurement Specialist

. Proven 5+ years of experience as a procurement specialist in IT area is required
Master degree in a related field preferred
Additional certification in the field of procurement desired
Connections to vendor networks in the market
Strong knowledge of the industry and market conditions
Excellent written and verbal communication skills


Impeccable negotiation and problem-solving skills
Exceptional interpersonal skills and rapport building
Flexible to work as per company hours as demanded by projects
Able to travel to meet vendors and suppliers as necessary


Employment Type: Full Time, Permanent

Functional Areas: Other

Read full job description

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