Skill required: Procurement Operations - Sourcing and Procurement Strategy
Designation: Procurement Practice Specialist
Qualifications:Any Graduation
Years of Experience:7 to 11 years
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security.Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song- all powered by the world's largest network of Advanced Technology and Intelligent Operations centers. Our 784,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities.Visit us at www.accenture.com
What would you do?
Go beyond processing purchase orders at lower costs to help clients reap savings and value from the billions they spend on the goods and services that run their day-to-day business operations.You will be working as a part of Procurement management team which uses a systematic approach for buying all the goods and services needed for a company to stay sustainable They are involved in the identification of need finding and qualifying the suppliers requesting proposals negotiating with suppliers contracting delivery and analyzing resultsDevelop strategies to transform the S&P function that lead to the implementation of differentiated and competitive S&P capabilities, processes, technologies and organizations.
What are we looking for?
Primary skill - Sourcing and Procurement Strategy - P1 Procurement & CommercialStrategic Sourcing & Category ManagementContract & Commercial NegotiationSupplier Relationship ManagementVendor Risk ManagementProcurement GovernanceSpend Analysis & Cost OptimizationTotal Cost of Ownership (TCO)Tender & RFx ManagementFinance & BusinessBudget ManagementFinancial AnalysisCost Control & Value RealizationWorking Capital ManagementProcurement Analytics & ReportingRegulatory ComplianceInternal Controls & Audit ReadinessContract Lifecycle ManagementMicrosoft Excel (Advanced)
Roles and Responsibilities:
Key
Roles & ResponsibilitiesStrategic Procurement & Category ManagementDevelop and execute the organizations procurement strategy aligned with business and financial objectives.Lead strategic sourcing initiatives across key spend categories including Technology, Claims Services, Professional Services, Marketing, Facilities, HR, and Corporate Services.Drive procurement planning, supplier consolidation, and category optimization to maximize value and reduce total cost of ownership.Identify opportunities for cost reduction, operational efficiencies, and process standardization.Financial Management & GovernancePartner with Finance to support budgeting, forecasting, spend planning, and cost optimization initiatives.Ensure procurement activities comply with approved budgets, delegated financial authority, and internal control frameworks.Monitor procurement expenditure, supplier commitments, and savings realization through regular financial reporting.Drive working capital improvements by negotiating favorable commercial and payment terms while maintaining healthy supplier relationships.Support internal and external audits by ensuring procurement documentation and controls meet governance requirements.Supplier & Contract ManagementDevelop and maintain a high-performing supplier ecosystem through robust vendor selection, onboarding, evaluation, and performance management.Lead commercial negotiations covering pricing, service levels, contract terms, warranties, and risk allocation.Oversee the end-to-end contract lifecycle, ensuring compliance with contractual obligations and timely renewals.Implement supplier risk management practices including due diligence, business continuity assessments, and performance scorecards.Procurement Operations & Process ExcellenceLead the end-to-end Procure-to-Pay (P2P) process, ensuring timely procurement while maintaining quality, compliance, and co
Qualification
Any GraduationSourced from naukri