Procurement Specialist

  • Bengaluru
  • Collabera

Job Description:


We are looking for a Category/Procurement Specialist who will be responsible for supporting Indirect sourcing initiatives with respect to non IT related projects and helping to manage daily purchasing activities. The specialist ensures that purchases are made at the lowest cost and highest quality consistent with the needs of the internal stakeholder, and in alignment with company policies and procedures.


Specific responsibilities include, but are not limited to:

  • Ensure all purchases are made in accordance with company policies and procedures.
  • Establish NDAs, purchase orders and contracts, as appropriate.
  • Support renewal requests, budgetary pricing requests, contract inquiries and Statement of Work review requests.
  • Maintain appropriate documentation and files for all purchases made and Monitors supplier performance.
  • Support the improvement and upkeep of sourcing templates and other documentation used within Indirect Purchasing.
  • Meets with business users/ managers to understand business priorities and translate them into procurement plans;
    comprehends the industry and the Marketplace.
  • Identify cost saving opportunities using competitive bidding (RFx), negotiations, and drive service improvements.
  • Collaborate with internal Teams (Legal, finance, IT) to mitigate risk during contract negotiations.
  • Report on active projects and contribute to collaborative, cross-functional reports.
  • Executes risk mitigation, business continuity, cost management, and operation strategies.
  • Perform other duties as assigned.


Level Based Competencies:


  • Building Strategic Working Relationships
  • Business Acumen
  • Planning and Organization
  • Strategic Decision Making
  • Ability to Manage Multiple Projects
  • Strong Communication Skills


Technical Knowledge/Skills:


  • Understanding of purchasing and sourcing concepts, practices, and procedures
  • Negotiation skills
  • Excellent computer skills
  • Familiar with financial management and comfortable with performing analysis
  • Ability to excel in a matrix management environment
  • Supply Chain knowledge


General Knowledge/Skills:

  • Excellent verbal and written communication skills
  • Excellent organizational and follow up skills with a strong attention to detail
  • Ability to adapt to a changing environment
  • Strong analytical and problem solving skills
  • Excellent time management skills
  • Familiar with project management and vendor management skills
  • Strong teamwork and interpersonal skills


Education/Experience:


  • Bachelor's Degree in the field of supply chain, procurement, or business
  • Minimum 5+ years of experience in procurement, corporate purchasing focus is helpful
  • Experience in use of P2P systems helpful but not required