Responsibilities: Sourcing and Procurement: Manage End to End Sourcing and Procurement function for the firm.Define, execute and manage the vendor engagement, RFP, Selection, contracting, performance and vendor life cycle management.Participate in Designing policies, systems and procedures of Procurement DepartmentManage day-to-day purchasing requirements, procurement projects for the department, Business Unit.Lead and negotiate contractual terms, price agreements and purchase agreements with Suppliers.Perform vendor onboarding (KYC/KYV, documentation, etc.)Work with Finance team on budget allocation for each of the purchasesReview and perform 1st level invoice review vis a vis service deliveryAct as a POC and intermediary between business functions and SuppliersEnsure all Vendor SLAs are met. Laise with vendor for any service-related gapsConduct periodic performance review of each vendor and publish scores and outcomesLaise with Legal team, internal stakeholder on contract terms and executionPlan and execute periodic contract renewals, terminations, etc. Supplier Relation Management: Lead all Vendor Management activity relating to Specific Commodity to ensure value for money and good service performance.Work with strategic vendors to agree future business plans which address issues an opportunities, cost reduction initiatives, and other mutual business opportunities.Monitor vendor performance reviews through Service levels, Vendor scorecards and KPIs and recommend service improvement plans. Contract Management: Negotiate, review and closes contracts for HR Services, AMC, Facility Services, IT & Engineering Services.Interface with Legal Team for contract review, financial & commercial aspects, changes prior to execution.Identify, manage and minimize contractual and commercial risk.Ensure effective governance standards for vendor management including vendor contract process.Own and resolve any actions coming out of the Vendor Management audit. Desired Skills (Technical & Behavioural):Graduate in any discipline with Min 5+ years of total experience. Min 4 years in vendor management, Procurement or sourcing.Experience in managing RFP/RFI processes for procurement in a mid-to-large organization.Ability to Laise with suppliers in various industries, Internal and External stakeholders and Legal teams.Experience of handling and executing service contracts, Master Agreement and SOWs (Statement/Schedule of work).Good Negotiations, Networking and Relationship Management skills.Good Command on reporting and office tools.Must have good documentation and presentations skills.
Job Title
Senior Executive