Key Responsibilities:
Strategic Sourcing:
- Identify, evaluate, and onboard vendors to support business requirements across
multiple categories.
- Lead RFQ/RFP processes, including preparing documentation, vendor comparisons, and
commercial evaluations.
- Conduct market research and bench-marking to ensure competitive pricing and optimal
sourcing strategies.
- Develop sourcing strategies for key categories to achieve cost savings and eficiency.
Vendor Management
- Build and maintain strong relationships with vendors and service providers.
- Monitor vendor performance, service quality, and compliance with contractual
obligations.
- Lead commercial negotiations for pricing, payment terms, and service levels.
- Support contract renewals and renegotiation to optimize costs and value.
Procurement Operations:
- Manage end-to-end procurement cycle including Purchase Requisitions, RFQ process,
Purchase Orders, and vendor coordination.
- Ensure procurement processes follow company policies, approval matrices, and
compliance standards.
- Work closely with internal teams such as Finance, Legal, and Operations for
procurement approvals and contract closures.
- Ensure proper documentation and record keeping for all procurement activities.
Contract & Renewal Management
- Manage software subscription renewals, OPEX contracts, and AMC (Annual Maintenance
Contract) renewals to ensure uninterrupted services.
- Track contract expiry timelines and proactively initiate renewal discussions with
vendors and internal stakeholders.
- Coordinate with internal stakeholders, Legal, Finance, and vendors to ensure timely
contract review, negotiation, and execution.
- Follow up with respective stakeholders to ensure closure of contract documentation
and approvals within defined timelines.
Cost Optimization & Process Improvement
- Identify opportunities for cost savings and value engineering.
- Track procurement spend and prepare periodic reports on savings and vendor
performance.
- Improve procurement worklows and implement best practices for eficiency and
transparency.
Stakeholder Collaboration:
- Work closely with internal teams to understand requirements and timelines.
- Provide procurement support for new projects, vendor on-boarding, and operational
requirements.
- Ensure timely procurement support to avoid project or operational delays.
Required Qualification:
- Bachelor's degree in Business Administration, Supply Chain, Engineering, or related
field.
- 45 years of experience in sourcing, procurement, or vendor management.
- Experience handling procurement across categories such as IT & Technology, Marketing
Services, Administrative Services, Warehouse Operations, Legal, and Finance-related
services.
- Experience managing software subscriptions, SaaS tools, AMCs, and OPEX-based
contracts.
- Strong analytical and commercial negotiation skills.
- Good understanding of procurement systems, contracts, and vendor management.
- Excellent communication and stakeholder management skills.
Preferred Skills
- Experience in indirect procurement and cross-functional category management.
- Familiarity with procurement tools / ERP systems.
- Ability to manage multiple sourcing projects simultaneously.
Key Competencies
- Strategic Thinking
- Negotiation & Cost Optimization
- Vendor Relationship Management
- Attention to Detail
- Cross-functional Collaboration
