Procurement Specialist (Bengaluru)

Procurement Specialist (Bengaluru)

06 Aug
|
LTM
|
Bengaluru

06 Aug

LTM

Bengaluru

LTM is an AI-centric global technology services company and the Business Creativity partner to the world’s largest and most disruptive enterprises. LTM is an equal opportunity employer, our gender-neutral policies protect employees from all forms of discrimination and harassment. We are committed to making merit-based hiring decisions. We are committed to creating an environment of inclusion through a holistic approach.

Job Title: Specialist - Procurement (IT Hardware / Telco)

Location: Bengaluru or Mumbai

Experience Range: 7 to 10 years.

Roles and Responsibilities: Vendor Empanelment Pre-Qualify the supply base before sourcing for the software & hardware related requirements for Corporate IT & Project related requirements.

Initiating and completing vendor onboarding process with compliance to policies and procedures, ensuring NDA/DPA documentation.

Assist vendor to submit the documents in the registration portal.

Follow-up with internal teams for vendor code creation. RFP Process

Lead Sourcing Events: Build and Execute RFP/Q/Auction (Sourcing Events) responses for the End Computing, Storage, Server requirements Contract Management

Negotiate contracts, obtain information and gain technical opinions.

Evaluate responses and conclude pricing decisions to obtain optimal terms and conditions from Suppliers.

Manage

Supplier relationships, and Monitor Service levels

Coordinate with the Legal team to draft contract documentation

Renegotiate existing hardware and software AMC services.

Should have knowledge in Enterprise agreement and global procurement.

Work with partners to drive rate contracts / catalogues to improve the speed at which the process is followed. Compliance





Have a flair for understanding Hardware and Software Licensing requirements and drive effective discussions with vendor to ensure sourcing is finalised based on the internal compliance guidelines.

To liaise and handle Statutory and Internal audit related questions.

Work with business unit leadership to report and monitor process compliance

Responsible for current state assessment, gap resolution and task execution/deliverables for assigned area of responsibilities.

Have an eye for detail to keep reviewing the internal processes and recommend changes for better and faster execution. MIS

Prepare MIS for the category and present it to management.

Demonstrate candor; ability to respectfully challenge senior leadership Other

Continually benchmark the Major Hardware and Software products to identify current solutions/service offerings, evaluate their capabilities, identify category cost drivers and establish pricing trends.

Drive and increase partner network in non-India locations.

Comprehensive understanding of P2O process and Order to Payment technologies (specifically in SAP)

Build BCP for all critical and key partners and products.

Skills / Competencies

Work experience – 7-10 years (Preferable handled Corporate IT transaction in IT/ITES organization)

Experience in License/Hardware/Telecom procurement will be added advantage

Knowledge of process related to purchase procurement, market trends, standards, legal policies, procedures, stakeholder management etc.

Knowledge in e-procurement portal like Ariba and equivalent.

Knowledge on ERP tools such as SAP.

Knowledge of MS office applications such as MS word, Excel , PowerPoint etc.

Good communication, interpersonal, quantitative and analytical skills.

Understanding of Tax in India – SEZ/STPI/GST/MSME and VAT(other Geo will be an added advantage)

Assist team to meet the TAT/SLA.

Educational

Qualification - Bachelor's degree in any discipline

📌 Procurement Specialist (Bengaluru)
🏢 LTM
📍 Bengaluru

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