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74software

Assistant Procurement Manager

8-10 Years
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Job Description

You will be part of the high-performing Procurement team responsible for supporting end-to-end Procurement and Vendor Management processes. The key deliverables include:

Procurement Support & Execution

  • Support the development and execution of procurement strategies for categories such as office supplies, facilities management, HR services, travel, transport, employee insurance, corporate functions, and IT (hardware, software, licenses).
  • Manage sourcing activities by identifying, evaluating, and engaging potential suppliers while ensuring adherence to procurement policies and processes.
  • Conduct market research to understand supply trends, vendor capabilities, and pricing across procurement categories.
  • Prepare vendor evaluation reports, commercial comparisons, and procurement recommendations.
  • Support cost optimization initiatives and identify opportunities to improve procurement efficiency and effectiveness.
  • Ensure timely processing and execution of procurement requests in collaboration with internal stakeholders.

Vendor Management

  • Develop and maintain effective vendor relationships while ensuring service quality and contractual compliance.
  • Track and monitor vendor performance metrics and proactively address performance-related concerns.
  • Support vendor onboarding, due diligence, and compliance processes.
  • Coordinate with vendors to ensure timely delivery of products and services and resolution of operational issues.

Stakeholder Collaboration

  • Work closely with cross-functional teams including Finance, Legal, IT, HR, Administration, and Business teams to support procurement requirements.
  • Gather stakeholder requirements and ensure alignment between procurement objectives and business needs.
  • Provide regular updates and visibility on procurement activities, sourcing initiatives, and vendor performance.
  • Prepare dashboards and reports for internal stakeholders highlighting procurement performance, costs, and improvement opportunities.

Process Excellence & Reporting

  • Maintain procurement documentation, vendor records, and sourcing trackers.
  • Support procurement governance, compliance, and audit requirements.
  • Contribute to process improvement initiatives and best practices within the procurement function.
  • Generate procurement analytics and reports to support decision-making.

8–10 years of experience in Procurement, Strategic Sourcing, and Vendor Management.

Minimum Qualifications

  • Bachelor's degree in Business, Supply Chain Management, Commerce, Engineering, or a related field. MBA is a plus.
  • Strong experience in procurement, sourcing, and vendor management.
  • Proficiency in MS Excel (advanced functions such as Pivot Tables, VLOOKUP/XLOOKUP, and data analysis).
  • Experience working with ERP systems such as SAP, Oracle, Workday, or similar platforms.
  • Strong analytical, negotiation, and stakeholder management skills.
  • Ability to work collaboratively across teams and functions.

Preferred Qualifications

  • Experience working with procurement tools and systems.
  • Understanding of vendor management, sourcing, and contract management processes.
  • Experience handling indirect procurement categories including IT, facilities, travel, HR services, insurance, and corporate services.
  • Experience with import/export documentation.
  • Strong communication and relationship management skills.
  • Experience working in an agile environment.
  • Self-starter with the ability to manage multiple priorities and work with minimal supervision.
  • Prior experience in the banking or finance domain is an advantage.

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About Company

Job ID: 149058193

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