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A junior candidate who has experience in global procurement/sourcing and has good knowledge of SAP MM. He/She will be working as an Executive.
Job Responsibility:
Procurement Operations: Create PRs, POs, etc in SAP and act as an administrator for procurement applications and mailbox
Conduct market research and analysis to identify emerging trends, technological advancements, and cost-effective alternatives for procurement
Collaborate with stakeholders to understand their requirements and provide strategic guidance on procurement decisions
Develop and maintain relationships with stakeholders and suppliers to ensure the availability of high-quality products and services at competitive prices
Cost Optimization and Savings: Identify opportunities for cost savings and negotiate favorable terms and pricing with vendors
Evaluate existing contracts and agreements to identify areas for optimization and renegotiation
Research and recommend alternative solutions and products that are more cost-effective while meeting quality and performance requirements
Develop and implement initiatives to reduce maverick spend and drive overall procurement savings
Team Work and Collaboration: Foster a collaborative and results-oriented work environment, promoting effective communication and teamwork
Ensure timely and accurate completion of procurement activities, including RFQs, RFPs, and contract negotiations
Collaborate with cross-functional teams, including IT, finance, and legal, to streamline processes and drive efficiency
Compliance and Risk Management: Ensure compliance with company policies, procedures, and regulatory requirements during the procurement process
Identify and mitigate procurement-related risks and implement appropriate controls
Stay updated on industry regulations and best practices related to IT procurement
Requirements:
Bachelor’s Degree in IT / B.E / B.Tech or BBA
2 to 3 years of experience in procurement
Knowledge of the IT industry, hardware and software including the latest technological developments, emerging trends, and market dynamics
Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment
Experience in global procurement/sourcing
Good knowledge of SAP MM
Must be fluent in English - writing and oral skills