Procurement Executive

Title: Procurement Executive
Location: Bangalore
Exp: 2-3 yrs

Job Description:
Role & Responsibilities:
Develop and implement procurement strategies to ensure cost-effective procurement of goods and services.
Process purchase orders and deliver follow up requirements
Manage relationships with suppliers and business stakeholders.
Negotiate contracts and manage supplier performance to ensure compliance with agreed terms.
New Vendor Development and Supplier Evaluation
Develop and maintain a comprehensive supplier database and ensure all procurement activities are in compliance with local laws and regulations.
Drive Process Improvement, automation, digitalization initiatives.
Ensure accurate reporting of procurement activities and metrics.

Requirements:
Proven experience as an IT buyer, Software licensing or a similar role in Engineering R&D, IT company
In-depth knowledge of procurement and sourcing practices and tools.
Strong negotiation, analytical and communication skills.
Working knowledge of SAP HANA, ARIBA and Microsoft Office
Excellent time management and prioritization skills
Knowledge of local laws (SEZ, DTA etc.) and regulations in India related to procurement.