Procurement Practice Specialist

Skill required: Sourcing - Sourcing

Designation: Procurement Practice Specialist

Qualifications:BBA/Master of Business Administration

Years of Experience:7 to 11 years

What would you do?
As a member of the technology sourcing practice, you will be responsible for identifying cost/productivity improvement opportunities in spend across a wide array of leading companies and industries. You will lead sourcing projects, including all key steps such as strategy development, RFx management, risk management/mitigation, supplier negotiation, award recommendations, business case presentations, and supplier contract execution.
You will work with the legal and technical teams to facilitate the negotiations of the legal and technical terms in a contract and execute it. You will also provide industry and supplier research, market intelligence, and financial analyses to clients, support the development of market insights from cross-client sourcing activity, and collaborate with Technology Practice advisors to develop content that enables knowledge sharing across the organization. You will pursue and develop senior-level stakeholder relationships at priority accounts and support account relationship plans.

What are we looking for?
Risk Management, contract Management, Supplier Relationship Management, analytical Thinking, Kep Performance Indicators (KPI), Risk Management, Sourcing and Procurement Strategy, Key Stakeholder Relationships, Stakeholder Management, contract Negotiations, Strong Analytical Skills, Numerical Ability, Microsoft Office Suite, Generative AI, Innovation, Technological Innovation, Contract Compliance & Execution, Sourcing
Problem-Solving Skills, Negotiation Skills, Written and Verbal Communication, Collaboration and Interpersonal skills,

Roles and Responsibilities:

To be successful in this role, you should be a strong critical thinker and self-starter who can take the initiative with high-level direction and deliver client work with minimal supervision. You should have a passion for continuous self-learning across industries, such as IT, banking, retail, industrial, healthcare, etc., with end-to-end technology sourcing exposure. You should possess proven analytical skills in terms of numeric and text-based analysis, converting information into tangible recommendations to clients. Awareness of generative AI tools (e.g., ChatGPT, Microsoft Copilot) and their responsible use in sourcing and procurement activities. Ability to leverage generative AI to improve efficiency in tasks such as RFP drafting, spend classification, data summarization, and contract review. Foundational understanding of how generative AI works and its evolving role in procurement technology. Demonstrated openness to adopting emerging technologies to drive continuous improvement and innovation in sourcing practices

Engineers with a full-time MBA are preferred, and a minimum of six years of relevant experience in strategic sourcing support, category management, and/or professional industry experience related to software, infrastructure & IT services is required. Strong Excel and PowerPoint skills are necessary; a minimum of four years of experience managing global customers and suppliers (NA, EMEA, APAC) is preferred.

Qualification BBA,Master of Business Administration