Procurement Lead (Individual Contributor) - Non IT Procurement Ramanujam IT Tech Park, Tharamani, Chennai
Experience : Minimum 7+ years in Procurement
Gender Preference : Female Candidates Only
Reporting To : HiringManager
Job Summary :
We are seeking a highly experienced and results-driven Procurement Lead to manage our Non-IT procurement operations.
This is an individual contributor role, requiring a professional with a strong background in the end-to-end procurement lifecycle.
The ideal candidate will be a strategic thinker with proven skills in vendor management, negotiations, and compliance.
This role is critical in ensuring our procurement processes are efficient, cost-effective, and aligned with company goals while maintaining the highest standards of quality and ethical practices.
Key Responsibilities :
- End-to-End Procurement Management : Manage the complete procurement process for all non-IT goods and services, including sourcing, requisition, purchase order creation, and vendor payment.
Vendor Strategy and Management :
Identify, evaluate, and onboard new vendors based on business requirements, quality standards, and cost-effectiveness.Conduct rigorous and effective vendor negotiations to secure favorable terms, optimize costs, and achieve significant savings.Build and nurture strong, long-term relationships with key vendors to ensure reliability, timely delivery, and smooth operational flows.Compliance and Risk Management :
Ensure strict compliance with all company policies, legal regulations, and internal audit guidelines.Maintain meticulous documentation for all procurement activities, ensuring an auditable trail.Performance Tracking and Reporting :
Develop and monitor key procurement metrics (e.g., cost savings, cycle time, vendor performance).Generate and present regular reports to management, providing clear insights into procurement performance and strategic Collaboration :Partner closely with various internal departments, including Finance, Operations, and specific business units, to understand their procurement needs and align strategies with organizational objectives.Process Improvement :
Continuously identify opportunities to enhance procurement processes through automation, best practices, and innovative sourcing strategies to improve efficiency and reduce costs.Required Skills & Qualifications :
Bachelor's degree or MBA in Business, Supply Chain Management, or a related field.Minimum of 7 years of hands-on experience in a procurement role, with a strong focus on Non-IT goods and services.Demonstrated expertise in end-to-end procurement processes and vendor lifecycle management.Exceptional negotiation and communication skills.Strong analytical abilities and a data-driven approach to decision-making.Knowledge of procurement software and enterprise resource planning (ERP) systems.High level of integrity and a solid understanding of ethical procurement practices(ref : iimjobs.com)