Procurement Lead

Section 1 : Position Summary

As a key member of the Procurement Vendor Strategy Department, the Procurement Lead plays a central role in driving procurement excellence, contract lifecycle visibility, and strategic sourcing support. This position is responsible for tracking supplier agreements, supporting RFx activities, conducting commercial analyses, and collaborating across departments to ensure alignment with business needs, procurement policy, and value generation objectives.

This position will support all phases of the procurement lifecycle—from intake and supplier evaluations to renewals, spend optimization, and cost savings initiatives. The Procurement Lead will also maintain trackers, dashboards, and documentation to enable transparency, audit readiness, and proactive contract management.

Section 2 : Job Functions, Essential Duties and Responsibilities

Sourcing & Procurement Operations

• Support sourcing efforts, including RFPs, RFQs, and market benchmarking.
• Conduct commercial evaluations and side-by-side supplier comparisons to aid in selection and negotiation.
• Maintain a master contract tracker with accurate data on end dates, renewal windows, and active sourcing events.
• Support contract intake coordination, ensure accurate documentation routing, and liaise with Legal on commercial terms and redlines.
• Partner with business units to understand supplier performance concerns and renewal objectives.

Procurement Operations - Ascensus India

Contract Lifecycle Management

Spend Analysis & Reporting

Cross-Functional Collaboration

Process & Policy Support

Project Management Initiatives

Section 3 : Experience, Skills, Knowledge Requirements

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