To build a more effective and effective Procurement function, through better process definition, vendor management, controlling OPEX and CAPEX requirements and higher accountability
The Contributions You Will Make
- To work with multiple vendors to determine the best deals for the company, and have to evaluate the many pros and cons of each, based on price, quality, speed of delivery and other factors.
- To use the information gathered by yourself and the purchasing agents to make decisions on behalf of your company.
- To discover profitable suppliers and initiate procurement partnerships
- To Negotiate with external vendors to secure advantageous terms
- To ensure that policies and processes for the purchasing, contract management, etc., are defined and adhered to
- To ensure processes linking procurement and finance activities are defined and adhered to
- Documentation on budget review
- Regular MIS reporting
- Resolve vendor / contractor grievances and claims against suppliers
- Ensure that policies and processes for the purchasing, contract management, etc., are defined and adhered to
- Ensure processes linking procurement and finance activities are defined and adhered to
- Documentation on budget review
- Regular MIS reporting
- Resolve vendor / contractor grievances and claims against suppliers
Education Qualification
Degree: Graduate or MBA
Expected Minimum Knowledge & Experience
1-3 years experience in procurement in the IT Industry Must have handled both IT and non IT purchases.
Other Required Critical Skills
Functional knowledge of any ERP tool like SAP, Oracle, etc
Understanding of market for various products and services
Talent in negotiations and networking
Good knowledge of supplier or third party management software
Experience in collecting and analyzing data
Negotiation skills
Aptitude in decision-making and working with numbers
📌 Executive - Procurement (India)
🏢 Voya Financial
📍 India
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