Procurement Specialist
- Top Rated
- 6 - 11 years
- Hyderabad
- 8 months ago
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Job Description
Role & responsibilities
Sourcing and Procurement Process:
- Manage end-to-end RFP, RFQ, and RFI processes for indirect procurement categories.
- Conduct market research and go-to-market strategies for sourcing requirements.
- Negotiate pricing, terms, and contracts to ensure the best value for the organization.
- Prepare, release, and manage Purchase Orders (POs) in line with corporate policies.
Supplier Management:
- Conduct supplier evaluation, onboarding, and performance assessments.
- Manage supplier relationships and coordinate regular audits and business reviews.
- Conduct supplier risk analysis and implement improvement initiatives.
- Award contracts based on robust evaluation and negotiation processes.
Contract Management:
- Develop, negotiate, and maintain contracts for indirect procurement categories.
- Monitor contract compliance, renewals, and annual maintenance agreements.
- Mitigate risks associated with supplier contracts and ensure value realization.
Operational Procurement:
- Support business stakeholders by understanding procurement needs and advising on sourcing strategies.
- Manage facility management and real estate procurement requirements.
- Execute procurement transactions using procurement platforms (e.g., SAP Ariba).
Strategy and Analysis:
- Contribute to procurement strategy planning and execution.
- Analyze procurement data, generate reports, and provide insights for continuous improvement.
- Participate in internal audits and ensure procurement practices align with corporate governance.
System and Process Optimization:
- Utilize procurement technologies like Ariba for sourcing, contract management, and supplier collaboration.
- Drive process improvements to streamline procurement operations and enhance efficiency.
Job Classification
Industry: Real Estate (Co-working)Functional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement AnalystEmployement Type: Full timeContact Details:
Company: Top Rated CompanyLocation(s): Hyderabad+ View Contact
Keyskills: Indirect Purchase S2P Strategic Sourcing Procurement Strategies Indirect Procurement Vendor Management Contract Negotiations
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