08 Nov
|
BHIVE Workspace
|
Bengaluru
08 Nov
BHIVE Workspace
Bengaluru
Key Responsibilities
Procurement Strategy and Execution
- Develop and implement comprehensive Opex procurement strategies aligned with business objectives and operational requirements
- Manage end-to-end procurement lifecycle for operational categories including facilities management, office supplies, utilities, pantry services, cleaning, security, maintenance, and technology services
- Drive strategic sourcing initiatives to optimize vendor selection, consolidation, and category management
- Establish and maintain procurement policies, procedures, and compliance frameworks
- Monitor and analyze procurement spend across categories to identify cost-saving opportunities
Vendor Management
- Identify, evaluate, and onboard vendors for various operational categories across multiple locations
- Negotiate contracts, pricing, and service level agreements (SLAs) with suppliers to secure competitive terms
- Build and maintain strong relationships with key suppliers and service providers
- Conduct regular vendor performance reviews and implement corrective actions when required
- Diversify supplier base to mitigate supply chain risks and ensure business continuity
- Please add vendor performance dashboard to be maintained and regular feedback to be given to all vendors
Financial Management and Cost Optimization
- Manage operational procurement budgets and track spend against targets
- Conduct comprehensive cost-benefit analysis and total cost of ownership evaluations
- Implement cost reduction initiatives and demonstrate measurable savings through strategic sourcing
- Perform spend analysis to identify variances, off-contract purchases, and optimization opportunities
- Collaborate with Finance team on budget planning, invoice management, and payment terms negotiations
- Sharing variance report against budget for the actual spent
Stakeholder Collaboration
- Partner with Operations, Facilities, Community Management, and Finance teams to understand procurement requirements
- Process purchase requisitions efficiently and ensure timely delivery of goods and services
- Provide regular updates to leadership on procurement performance, savings achieved, and key initiatives
- Act as the primary point of contact for all operational procurement matters across locations
- Support new location launches with procurement planning and vendor setup
Quality Control and Risk Management
- Ensure all procured goods and services meet quality standards and specifications
- Implement quality control measures and manage returns or replacements when standards are not met Identify and mitigate procurement-related risks including supply disruptions, single-supplier dependencies, and price volatility
- Develop contingency plans and alternative sourcing strategies to ensure operational continuity
- Ensure compliance with legal, regulatory, and company procurement policies
Process Improvement and Reporting
- Drive continuous improvement in procurement processes through automation and digitalization
- Implement procurement management systems and tools to enhance efficiency and visibility
- Generate periodic reports on procurement metrics, KPIs, vendor performance, and cost savings
- Maintain accurate documentation of contracts, agreements, pricing matrices, and supplier records
- Train and support team members on procurement best practices and system usage
Collaboration and communication: Proactive collaboration with finance teams, internal departments, and external stakeholders to ensure seamless treasury operations, solid controls, and compliance adherence.
How the role Interact with other teams or Individuals: Ensure effective communication and coordination between different cross functional teams to align the procurement function with overall business goals.
📌 Procurement Manager - Opex (Bengaluru)
🏢 BHIVE Workspace
📍 Bengaluru