Procurement Team Lead

Role: Procurement SME

Location: Hyderabad, Telangana, flexible in India

( Work shift: shall cover European and US suppliers, overlapping with CET timezone)

Shift Timing : 12:00 Pm to 9:00 Pm / 2:00 Pm to 11:00 pm

Employment: Full time

Experience : 4+ years

support procurement strategy on various related subcategories by:

managing pricing inquiries with established vendor landscape for new client engagements/related configuration

managing contract renewals and negotiations

comparing and benchmarking pricing quotes for multiple categories with different levels of complexity

support new strategic pursuit of technology and other indirect service type vendors (end to end support on the s2c axis with stakeholders)

forecast levels of demand for services in scope and verify with multiple stakeholders (internal and external of organization)

conduct research to source the best services and suppliers in terms of best value, delivery schedules and quality

run tenders, evaluate bids and make recommendations, based on commercial and technical factors

negotiate and agree contracts, monitoring the quality of service provided

maintain contract and bid files and use them as reference for the future

maintain contract register and proactive monitoring of expiring agreements

build and maintain good relationships with new and existing suppliers

liaise between suppliers, internal teams such as supply chain, digital innovation, client operations, global category leads, legal, finance, sales, solutions desi

ensure the security and sustainability of sources of essential services

act in full compliance with global procurement policy and local rules & guidelines

analyze data and produce reports and statistics on spending and saving

ensure suppliers are aware of business objectives

attend review, negotiation and business meetings

keep up to date with trends and innovations, regulation and new services that can impact on the business

work closely with admin support team required skills

time management, planning, and organizing

communication, relationship building, collaboration and teamwork

strategic planning, continuous improvement leadership, and best practice leadership

SOP preparation, implementation, training, and continuous improvement

problem solving and decision-making even with limited information and timeframes

contract preparation, negotiation, monitoring, and controlling

accuracy and attention to detail

price negotiation, budget preparation, and financial monitoring and controlling

information analysis, compilation, and synthesis

finance and account systems data management and report generation

Microsoft Office Suite or Google Workspace literacy (Outlook, Word, Excel, and PowerPoint

min. 3 years of international experience in related field

familiarity with vendor management systems (VMS) and other recruitment related Saas solutions is a plus