Procurement Specialist

Job Title : Procurement Specialist
Location State : Karnataka
Location City : Bangalore

Notice period : Immediate joiners
Experience Required : 4 to 6 Year(s)
Shift: Day Shift
Work Mode: Onsite
Openings: 3

Interested candidate share there updated resume [email removed]

For more information contact sangeeta @ [phone removed]

Company Name: VARITE INDIA PRIVATE LIMITED

About The Client: An American multinational computer technology company headquartered in Austin, Texas, United States. A global technology provider offers a comprehensive suite of software solutions, encompassing a flagship relational database management system, enterprise resource planning, customer relationship management, and cloud services. Additionally, the company delivers middleware products, business intelligence tools, and industry-specific applications, addressing diverse business needs worldwide. As a key player in application development, it stewards a widely utilized programming language. These software solutions cater to businesses across various industries and are widely adopted for scalability, security, and innovation.

About The Job:

• Raising and managing RFQs (Request for Quotations)
• Comparing supplier quotations
• Negotiating prices and commercial terms
• Creating and managing Purchase Orders (POs)
• Conducting supplier evaluations and market research
• Managing contracts, MSAs, and procurement documentation
• Coordinating with internal stakeholders and suppliers
• Tracking procurement savings and compliance

Key Procurement Areas

The role mainly covers:

• IT Hardware & Software
• IT/Engineering Services
• Facility Management Services
• Lab Equipment
• Other indirect spend categories

Essential Job Functions:

• Sourcing Strategy:

Analyzing procurement offers and suggest methods to decrease expenditure. Supporting buyers in generating and implementing efficient sourcing and category management strategies. Derive strategies through Spend Management, ABC analysis, Pareto Analysis

• Supplier Landscape: Continuously screen the domestic market preparing comprehensive supplier landscape and ensure compliance aspects adhered and monitored
• RFQ Management:

RFQ preparation and processing with shortlisted vendors. Obtaining competitive offers and evaluating the offers various techno commercial parameters. Collaborate with stake holders to ensure clarity of the specifications and expectations of the company.

• Negotiation with suppliers

Supporting buyers in finalizing the negotiation strategy and negotiation design. Negotiate with the suppliers and achieve the target cost. Selecting the supplier based on comprehensive evaluation of the offers in terms of best in class price, delivery and quality. Experience in using various price plausibility tools like: Price breakdown, Bottom up cost calculation, Open Book Calculation & Linear Price Performance.

• Purchase Orders

Generating sourcing recommendations and creation of Purchase Orders and contracts. Negotiating with the suppliers for agreement on legal and commercial terms and conditions. Job also involved creation and finalization of maters service agreement and procurement agreements with the suppliers.

Qualifications:

• Education: Commerce graduate/Post-graduate/MBA
• No of Years: ~4 to 6 years
• Experience: Purchase, Negotiation, Process knowledge, Supplier interactions
• Specific Knowledge: (Skill / Languages etc.)
• Strong communication skills , excel , power-point skills, stakeholder management

How to Apply: Interested candidates are invited to submit their resume using the apply online button on this job post.

Equal Opportunity Employer: VARITE is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, marital status, veteran status, or disability status.

Unlock Rewards: Refer Candidates and Earn.
If you're not available or interested in this opportunity, please pass this along to anyone in your network who might be a good fit and interested in our open positions. VARITE offers a Candidate Referral program, where you'll receive a one-time referral bonus based on the following scale if the referred candidate completes a three-month assignment with VARITE

Exp Req - Referral Bonus
0 - 2 Yrs. - INR 5,000
2 - 6 Yrs. - INR 7,500
6 + Yrs. - INR 10,000
About VARITE: VARITE is a global staffing and IT consulting company providing technical consulting and team augmentation services to Fortune 500 Companies in USA, UK, CANADA and INDIA. VARITE is currently a primary and direct vendor to the leading corporations in the verticals of Networking, Cloud Infrastructure, Hardware and Software, Digital Marketing and Media Solutions, Clinical Diagnostics, Utilities, Gaming and Entertainment, and Financial Services.