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Procurement Manager

Min Experience

5 years

Location

Bangalore North Rural, Karnataka, India

JobType

full-time

About the job

Info This job is sourced from a job board

About the role

Procurement Manager
Roles & Responsibilities
  • Lead and manage the procurement function for indirect materials and services, ensuring alignment with organizational objectives and cost-efficiency goals.
  • Oversee the resolution of supplier issues and escalations, ensuring prompt communication, documentation, and effective problem-solving.
  • Drive high-impact negotiations with key suppliers to secure favorable pricing, terms, and long-term strategic partnerships.
  • Design and implement comprehensive sourcing strategies, including execution of RFI/RFP processes, supplier evaluations, and contract finalization.
  • Analyze expenditure trends and procurement data to develop actionable insights, advising senior leadership on cost optimization and supplier performance.
  • Manage vendor relationships and performance, including agreement renewals, terminations, and supplier development initiatives.
  • Lead and coordinate annual pricing reviews, supplier audits, and compliance checks in line with strategic sourcing principles and PMI best practices.
  • Stay abreast of market trends, category innovations, and competitive benchmarks to drive continuous improvement in procurement practices.
  • Mentor and guide junior procurement team members, fostering skill development and a high-performance culture.
    • Requirements
    • 5+ years of progressive experience in procurement, with at least 2 years in a managerial or leadership role.
    • Strong expertise in IT procurement, vendor management, and strategic negotiations.
    • Proven track record in managing end-to-end sourcing processes and supplier lifecycle.
    • Based in Bangalore and willing to work from the office.
    • Excellent communication, stakeholder management, and leadership skills.
    • Solid understanding of sourcing tools, market intelligence, and procurement analytics.
    Benefits
    • Attractive compensation package with performance-based bonuses.
    • Employee Stock Option Plan (ESOP).
    • Flexible working hours.
    • High-growth career trajectory within a dynamic, fast-scaling organization.
    • Collaborative and inclusive work culture with a focus on innovation and excellence.

    About the company

    dynamic, fast-scaling organization

    Skills

    procurement
    vendor management
    strategic negotiations
    sourcing
    supplier lifecycle
    stakeholder management
    leadership
    procurement analytics