Senior Procurement Executive, Bengaluru

Description Strategic Sourcing&Procurement: Manage the end-to-end procurement lifecycle for IT and Non-IT categories, including hardware, software, office supplies, and other general goods/services.. Vendor Management: Evaluate and select vendors based on their capability, pricing, quality, and reliability. Cultivate strong relationships with key vendors and negotiate favorable terms and conditions to secure advantageous contracts.Contract Negotiation: Negotiate terms, conditions, and pricing agreements with suppliers, optimizing value while minimizing risk and ensuring compliance with legal and regulatory requirements. Cross-functional Collaboration: Collaborate with various requesting departments, including finance, to understand their procurement needs and provide solutions to support their objectives.Risk Management: Identify and mitigate potential supply chain risks related to geopolitical factors, economic fluctuations,Pandemics and supplier dependencies. Compliance and Ethics: Ensure compliance with company policies, procedures, and ethical guidelines throughout the procurement processContinuous Improvement: Drive continuous improvement initiatives within the procurement function, optimizing processes, and implementing best practices. Procurement Terms&Condition: Shall be well conversant with Contract Terms and condition depending on category of item/Services to be Purchased Qualifications 3.Proficiency in procurement software and tools like ORACLE E-Business Suite skills ( PO Staff, Supplier Management, Item Creation ,supplier creation) and an awareness of functions of the other module 4.Comprehensive knowledge of procurement best practices, contract negotiations, and supplier management. 5.Exceptional analytical and problem-solving skills, with the ability to make data-driven decisions. 6.Excellent communication and negotiation skills, with the ability to build strong relationships with suppliers and internal stakeholders. 7.Ability to work independently, prioritize tasks, and meet deadlines.Bachelor's degree in Supply Chain, Business Administration, or a related field. Experience in both IT and Non-IT categories.. This job posting will remain open a minimum of 72 hours and on an ongoing basis until filled. Job Administrative/Office Support Primary Location India-Karnataka-BengaluruSchedule: Full-time Travel: No Req ID: 261606 Job Hire Type Experienced Not Applicable #BMI N/A