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Procurement Specialist

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Job Description

LTM is an AI-centric global technology services company and the Business Creativity partner to the world's largest and most disruptive enterprises.

LTM is an equal opportunity employer, our gender-neutral policies protect employees from all forms of discrimination and harassment. We are committed to making merit-based hiring decisions. We are committed to creating an environment of inclusion through a holistic approach.

Job Title: Specialist - Procurement (IT Hardware / Telco)

Location: Bengaluru or Mumbai

Experience Range: 7 to 10 years.

Roles and Responsibilities:

Vendor Empanelment

  • Pre-Qualify the supply base before sourcing for the software & hardware related requirements for Corporate IT & Project related requirements.
  • Initiating and completing vendor onboarding process with compliance to policies and procedures, ensuring NDA/DPA documentation.
  • Assist vendor to submit the documents in the registration portal.
  • Follow-up with internal teams for vendor code creation.

RFP Process

  • Lead Sourcing Events: Build and Execute RFP/Q/Auction (Sourcing Events) responses for the End Computing, Storage, Server requirements

Contract Management

  • Negotiate contracts, obtain information and gain technical opinions.
  • Evaluate responses and conclude pricing decisions to obtain optimal terms and conditions from Suppliers. Manage Supplier relationships, and Monitor Service levels
  • Coordinate with the Legal team to draft contract documentation
  • Renegotiate existing hardware and software AMC services.
  • Should have knowledge in Enterprise agreement and global procurement.
  • Work with partners to drive rate contracts / catalogues to improve the speed at which the process is followed.

Compliance

  • Have a flair for understanding Hardware and Software Licensing requirements and drive effective discussions with vendor to ensure sourcing is finalised based on the internal compliance guidelines.
  • To liaise and handle Statutory and Internal audit related questions.
  • Work with business unit leadership to report and monitor process compliance
  • Responsible for current state assessment, gap resolution and task execution/deliverables for assigned area of responsibilities.
  • Have an eye for detail to keep reviewing the internal processes and recommend changes for better and faster execution.

MIS

  • Prepare MIS for the category and present it to management.
  • Demonstrate candor; ability to respectfully challenge senior leadership

Other

  • Continually benchmark the Major Hardware and Software products to identify new solutions/service offerings, evaluate their capabilities, identify category cost drivers and establish pricing trends.
  • Drive and increase partner network in non-India locations.
  • Comprehensive understanding of P2O process and Order to Payment technologies (specifically in SAP)
  • Build BCP for all critical and key partners and products.

Skills / Competencies :

  • Work experience – 7-10 years (Preferable handled Corporate IT transaction in IT/ITES organization)
  • Experience in License/Hardware/Telecom procurement will be added advantage
  • Knowledge of process related to purchase procurement, market trends, standards, legal policies, procedures, stakeholder management etc.
  • Knowledge in e-procurement portal like Ariba and equivalent.
  • Knowledge on ERP tools such as SAP.
  • Knowledge of MS office applications such as MS word, Excel , PowerPoint etc.
  • Good communication, interpersonal, quantitative and analytical skills.
  • Understanding of Tax in India – SEZ/STPI/GST/MSME and VAT(other Geo will be an added advantage)
  • Assist team to meet the TAT/SLA.

Educational Qualification - Bachelor's degree in any discipline

More Info

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About Company

Job ID: 152044499

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