Job Title:  Enabling Areas - Administration - Deputy Manager - Procurement - Delhi

Deputy Manager - Enabling Areas - Procurement - Administration

Location - Delhi

The Team

We are seeking a proactive and detail-oriented Sourcing Specialist to join our team. The successful candidate will be responsible for identifying, attracting, and engaging qualified candidates for a variety of roles, focusing on both IT and non-IT procurement. This role requires strong communication skills, an understanding of different market trends, and the ability to source for a diverse range of products.

Your Work Profile

Supplier Identification and Evaluation:

• Conduct thorough research to locate suitable suppliers for designated product or service categories.
• Assess potential suppliers based on criteria including cost-effectiveness, quality standards, reliability, and regulatory.
• Monitor supplier performance and foster strong relationships to ensure ongoing collaboration.

Negotiation and Contract Management:

• Engage in negotiations with suppliers to secure advantageous contract terms and pricing.
• Oversee existing contracts to ensure adherence to agreements and swiftly resolve any arising issues.

Market Analysis and Trend Monitoring:

• Continuously monitor market trends, competitor strategies, and advancements within the industry.
• Evaluate market conditions to uncover opportunities for optimizing costs and enhancing processes.

Collaboration and Communication:

• Partner with internal teams (such as procurement, engineering, and quality assurance) to gather insights and align sourcing efforts with organizational needs.
• Maintain open lines of communication with suppliers, clearly articulating expectations and addressing any concerns.

Data Management and Reporting:

• Keep precise records of supplier data, contractual obligations, and performance indicators.
• Prepare reports that provide stakeholders with valuable insights into sourcing activities and results.
• Cost Reduction Initiatives:
• Identify strategies for cost reduction through careful supplier negotiations and process enhancements.
• Monitor and analyze cost metrics, identifying areas ripe for further savings.
• Risk Assessment and Mitigation:
• Evaluate risks associated with suppliers and the supply chain, devising strategies to mitigate potential impacts.
• Formulate contingency plans to prepare for any disruptions in supply continuity.

People Management:

·      Build relationships with internal and client stakeholders.

·      Resource & performance management for reporting team

·      Actively drive hiring of junior practitioners

• Client interfacing skills
• Risk Assessment and Mitigation:
• Evaluate risks associated with suppliers and the supply chain, devising strategies to mitigate potential impacts.
• Formulate contingency plans to prepare for any disruptions in supply continuity.

Key Skills Required

• Master’s in business administration,
• Proven experience minimum of 5-8 years as a Sourcing Specialist preferably in both IT and non-IT sectors.
• Strong understanding of various sourcing methods and techniques,
• Familiarity with SAP, Ariba and Oracle Modules
• Excellent communication and interpersonal skills.
• Ability to work independently and manage multiple priorities in a fast-paced environment.