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IT Procurement Specialist

IT Procurement Specialist

Bennett Coleman & Co. Ltd. (The Times of India)Delhi, Republic Of India, IN
30+ days ago
Job description

Job Title : IT Procurement / Category Buyer

Location : Delhi (onsite role)

A Little About The Role :

  • Obtain specific BOQ’s (bills of quantities) from user team;

assist in development of procurement plan, liaise with vendors, finalize payments and implementation schedule with vendors, expedite order delivery with the objective of ensuring implementation of projects with adherence to targeted quality, cost and schedule parameters. This is a central team role requiring coordination with interactions with users and suppliers spread geographically having significant impact on the overall organizational goals.

What You Will Be Doing :

  • Procurement Planning : Work with a range of internal stakeholders to clearly identify procurement needs, oversee timelines and budget and ensure adherence to savings & other strategic objectives. Initiate negotiations and vendor relationship management. Optimize overall costs and focus on enhancing operational efficiencies.
  • Negotiations : Price discovery, external benchmarking and negotiating the most competitive prices, SLAs and contract terms. Identifying clear external benchmarks and collating the details of various cost components. Consistently improving cost competitiveness of the suppliers
  • Vendor Management : Prepare RFI / RFQ Management, identify potential suppliers and contract management & governance, Manage vendor accounts reconciliation. Develop a clear understanding of suppliers’ strategic strengths, supplier performance evaluation, expand supplier network and maintain consistent vendor performance and engagement. New product development & trials execution
  • Operations Management : Manage conflicts, resolve escalations, ensure user satisfaction, ensure documentation compliant with Internal & External Audit standards, review delivery timelines, SAP operations (MM module). Inventory management & optimization. Ensuring compliant import operations
  • Logistics : Confirm order with vendor;
  • prepare internal approval note;
  • coordinate sign off on the internal approval note;
  • finalize the legal terms and conditions with the vendor;
  • liaise with finance forfinancial transactions and legal for contracts;
  • organize kick off meeting between supplier and modernization for handover on delivery and execution;
  • resolve escalations by modernization (user) with respect to supplier in order to ensure installation of equipment to user satisfaction

  • Contract Management : Review status of vendor deliveries against orders released, supervise timely follow-up with vendors, monitor changes in user requirements during implementation and communicate appropriately to vendors, coordinate with Finance for vendor payments to ensure timely delivery of orders and execution of projects as per project plan.
  • Key Skills and Core Competencies :

  • Negotiations
  • Contract management
  • Supplier Management
  • SAP - MM
  • Analytical Thinking
  • Communication Skills
  • Execution Excellence
  • Creating and Innovating
  • Experience and Educational Qualifications :

  • 3 to 5 years of experience in Procurement function specifically Capital Expenditure, Vendor Management.
  • B.E. / B.Tech. + MBA
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    Procurement Specialist • Delhi, Republic Of India, IN

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