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Manager Procurement

Manager Procurement

Bennett Coleman and Co. Ltdbangalore, India
2 days ago
Job description

About Function / Department

Business and Commercial handles the Supply Management function in our company. It is a key contributor

to the company's competitiveness and performance by managing materials used by the organization

efficiently and effectively. The function is responsible for procurement and management of raw materials,

consumables, and services for the organization

About the Position

Role holder will work towards obtaining 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.

Areas of Responsibility

KRA

  • Responsible for managing procurement for the Events category.
  • Receive fully approved purchase requirements from Response (Times Experience Team), analyze, convert into BOQ, and float in the market
  • Scout the market to Identify & develop the vendor pool for sourcing Ground events, venues, and other digital promotional requirements
  • Negotiate the final cost with shortlisted vendors, make the comparison, and seek price approval
  • Accountable for appropriately sourced procurement needs, building a strong network, and ensuring adherence to established SOPs and processes.
  • Bring cost efficiencies through internal and external benchmarking, use of the latest negotiation tools
  • Create monthly MIS and share with line managers as per agreed formats
  • Create a deep understanding of various spending segments and induce new ideas in the value chain.
  • Identify and lead cost savings, and quality / experience enhancement initiatives with vendors and users.

Educational Qualifications Required

  • University degree; Bachelor in Engineering, Science, Business Management, and Commerce. A Master's degree preferred (MBA / PGDM)
  • A minimum of 5 years experience in Procurement, preferably in Events & Exhibition, marketing spend sourcing.
  • In-depth knowledge of procurement principles, strategies, and best practices.
  • Skills :

  • Good Interpersonal skills.
  • Good Verbal and written communication skills.
  • Strong attention to detail & numbers.
  • Sound commercial acumen.
  • Proactive & agile to quickly adapt to changing dynamics of business.
  • Plausible candidate options are from :

  • Event management companies of repute
  • Event (marketing) teams of companies in FMCG / Telecom / durables verticals.
  • Agencies specializing in activations
  • Supply chain professional from FMCG / FMCD industry
  • Educational Qualifications Required

    B.E / B.Tech, A Master's degree preferred (MBA / PGDM)

    Relevant Experience

    A minimum of 5 to 8 Years Experience in Procurement, preferably in Events & Exhibition,

    marketing Spend sourcing.

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