It Procurement Specialist

IT Procurement Buyer (Mid-Level) Job Description
Job Location: VTSC Chennai
Exp Band:
Position Summary:

• Responsible for end-to-end sourcing and procurement of IT products and services including software, SaaS, cloud, infrastructure, telecom, cybersecurity, and professional services. Drives cost savings, supplier performance, contract compliance, and procurement governance.

Key Responsibilities

• Manage RFQ/RFP activities, supplier negotiations, and sourcing projects.
• Evaluate proposals and deliver cost optimization initiatives.
• Manage supplier onboarding, performance reviews, and compliance requirements.
• Support NDA, MSA, SOW, renewals, and commercial negotiations.
• Ensure IT security and procurement policy compliance.
• Partner with IT, Finance, Legal, and business stakeholders.
• Support purchase requisition and PO issuance processes.

Qualifications

• Bachelor's degree in IT, Supply Chain, Business, or related field.
• 8-10 years of procurement experience with 5+ years in IT sourcing.
• Experience in IT Infra, software licensing, SaaS, cloud services, IT infrastructure, and IT services procurement.

Required Skills

• Strategic Sourcing and Negotiation
• Supplier and Contract Management
• IT Category Management
• Cost Analysis and Savings Delivery
• Stakeholder Management
• SAP, Ariba, Coupa, Xeeva or similar P2P tools
• Advanced Excel

Key KPIs

• Annual Savings Achievement
• Procurement Compliance
• Contract Renewal Management
• RFQ Cycle Time
• Stakeholder Satisfaction