Senior procurement

Job Title 2: Senior Procurement

Location: Chennai

Exp: 3 to 5 Years of Experience

Job Overview:

We are seeking a strategic and results-driven Senior Procurement Specialist / Manager to lead and optimize procurement activities across our organization. The successful candidate will be responsible for managing supplier relationships, negotiating contracts, reducing procurement costs, and ensuring timely and high-quality delivery of goods and services. This role plays a critical part in driving supply chain efficiency, cost control, and value creation.

Key Responsibilities:

• Develop and implement procurement strategies that align with company goals and budget objectives.
• Identify, evaluate, and manage supplier relationships to ensure quality, cost-effectiveness, and timely delivery.
• Lead contract negotiations, including pricing, terms, and service level agreements.
• Conduct market analysis to stay informed of trends, pricing, and supply risks.
• Oversee the end-to-end procurement process including RFI/RFQ/RFP management.
• Collaborate with internal stakeholders to understand purchasing needs and forecast demand.
• Monitor vendor performance and compliance through KPIs and periodic evaluations.
• Ensure adherence to internal procurement policies and regulatory requirements.
• Drive continuous improvement initiatives across the procurement function.
• Manage and mentor junior procurement staff (if applicable).

Technical & Professional Skills:

• Proven experience in procurement or supply chain management (typically 7+ years, including in a senior or lead role).
• Strong knowledge of sourcing, supplier management, and contract negotiation.
• Proficiency in procurement tools and ERP systems (e.g., SAP, Oracle, Coupa, Ariba).
• Solid understanding of procurement regulations, compliance, and risk management.
• Exceptional analytical, organizational, and decision-making skills.
• Strong communication and stakeholder management abilities.
• Ability to manage multiple projects and priorities in a fast-paced environment.
• Experience in cost reduction and value engineering initiatives.

Job Type: Full-time

Benefits:

• Health insurance
• Life insurance

Work Location: In person