Executive Procurement

Company Description

• Create PRs, POs, etc in SAP and act as an administrator for procurement applications and mailbox.
• Conduct market research and analysis to identify emerging trends, technological advancements, and cost-effective alternatives for procurement.
• Collaborate with stakeholders to understand their requirements and provide strategic guidance on procurement decisions.
• Develop and maintain relationships with stakeholders and suppliers to ensure the availability
  

• Cost Optimization and Savings:
• Identify opportunities for cost savings and negotiate favorable terms and pricing with vendors.
• Evaluate existing contracts and agreements to identify areas for optimization and renegotiation.
• Research and recommend alternative solutions and products that are more cost-effective while meeting quality and performance requirements.
• Develop and implement initiatives to reduce maverick spend and drive overall procurement savings.
• Team Work and Collaboration:
• Foster a collaborative and results-oriented work environment, promoting effective communication and teamwork.
• Ensure timely and accurate completion of procurement activities, including RFQs, RFPs, and contract negotiations.
• Collaborate with cross-functional teams, including IT, finance, and legal, to streamline processes and drive efficiency.
• Compliance and Risk Management:
• Ensure compliance with company policies, procedures, and regulatory requirements during the procurement process.
• Identify and mitigate procurement-related risks and implement appropriate controls.
• Stay updated on industry regulations and best practices related to IT procurement.
  

• Bachelor's degree in Business Administration, Supply Chain Management, Engineering or a related field.
• 2-3 years of experience in procurement is preferable.
• Knowledge of the IT industry, hardware and software including the latest technological developments, emerging trends, and market dynamics would be an advantage.
• Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.