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Experience: 5 - 10 years
Location: Bangalore
Description:
Complete the sourcing, negotiation and finalization of ECMS Vendors based on Organizational requirements and manage Vendor relationships. Carry out the function in accordance with regulatory frameworks and company policies. Provide inputs for a skill, tenure and geography-based Pricing Grid for Subcontractors and to get the most services delivered by a chosen set of limited Vendors in a timely manner and within budgets.
Area of responsibility:
Strategic planning
Deploy and implement long-term sourcing strategies and plans to achieve company objectives, including cost reduction targets
Supplier management
Identify, evaluate, and select suppliers. Build and maintain strong relationships with key vendors and negotiate contracts to secure favorable terms, quality, and delivery.
Cost and risk management
Evaluate market trends and identify cost-saving opportunities. Assess risks associated with suppliers and supply chain
Data analysis
Use data to create business cases for new initiatives and to report on performance, savings, and market conditions to management
Performance and compliance
Monitor supplier performance to ensure quality and timely delivery. Assist in audits for compliance with company policies and relevant laws and regulations
Leadership
Actively participate in sourcing discussions, manage the department's budget, and collaborate with internal stakeholders across various departments like engineering and logistics
Audits
Resolve or suggest process or control changes in order to maintain adherence to process, regulatory compliance and company goals
Competencies:
Procurement
In depth knowledge of the Procurement cycle and all its stages
Vendor Management
Ability to manage the Vendor partner relationship for optimal transactions
Negotiation
To be a strong negotiator with data and facts and a win-win arrangement
Analytical Ability
To analyze data from multiple sources in a manner to build cause effect linkages and prepare business cases
High Impact Communication
Ability to highlight key ideas, and articulate a point of view in a firm manner, with due consideration to the audience points of view too
Planning & organizing
To optimally organize workloads and projects in the most efficient manner to avoid any slippage in timelines or deliverables
Building Collaborations
To interact seamlessly with all key stakeholders to build mutual trust and make progressive decisions in a collective effort for success
Proficiency in Software
Ability to adapt to new platforms, systems and software
Additional proficiencies:
Prior experience in IT/ITes Industry
To have worked on Sourcing platforms like SAP, Oracle, Coupa
Handled sourcing and procurement of services from Manpower Agencies
Good market awareness of vendor capability and global trends in resource availability
Job ID: 138507901