IT Procurement Manager (Bengaluru)

IT Procurement Manager (Bengaluru)

02 Oct
|
Thomson Reuters
|
Bengaluru

02 Oct

Thomson Reuters

Bengaluru

Job Description:
The IT Procurement Manager is responsible for leading strategic sourcing and procurement initiatives across a broad range of technology spend categories. This role partners closely with business stakeholders, Category Leads, Finance, Legal, and Information Security teams to develop sourcing strategies, negotiate complex supplier agreements, optimize spend, and deliver sustainable business value. The position plays a key role in driving procurement excellence, operational efficiency, supplier performance, and compliance across global procurement operations.

Key Responsibilities:
• Lead end-to-end sourcing activities, including requirements gathering, supplier evaluation, negotiation, and contract execution.
• Develop and execute sourcing strategies utilizing competitive RFx processes, eRFx tools, and e-Auctions.
• Analyze spend data, contracts, budgets, and market trends to identify cost-saving and value-creation opportunities.
• Collaborate with business stakeholders and Category Leads to understand procurement requirements and develop sourcing pipelines.




• Create and implement category strategies aligned with business objectives and organizational priorities.
• Negotiate complex supplier agreements and manage contract execution across multiple geographies.
• Drive supplier performance management and procurement compliance initiatives.
• Support procurement systems and operational strategies to improve efficiency and business outcomes.
• Partner with Finance, Legal, and Information Security teams on contract drafting, risk mitigation, and negotiations.
• Resolve complex procurement issues and provide strategic guidance to stakeholders.
• Develop sourcing collateral, including business cases, contract summaries, and RFx documentation.

Required Qualifications:
• Bachelor's degree.
• Fluent English communication skills, both written and verbal.
• 5+ years of experience in Procurement, Strategic Sourcing, Procurement Operations, or Program Management.

📌 IT Procurement Manager (Bengaluru)
🏢 Thomson Reuters
📍 Bengaluru

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