Procurement Specialist
- Critical Start
- 5 - 8 years
- Pune
- 14 days ago
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Job Description
We are seeking a Procurement Specialist to join the Critical Start Technologies Private Ltd. team, operating under the Critical Start umbrella, for our India operations.
In this pivotal role, you'll be responsible for meticulously tracking, managing, and reporting on all third-party vendor spend, encompassing internal use software, facilities, utilities, insurance, and various other corporate necessities.
You'll be instrumental in developing and implementing robust procurement processes. This will involve collaborating closely with internal stakeholders to ensure optimal software license utilization, achieve the most competitive pricing, and negotiate contract durations that offer maximum flexibility for Critical Start while securing advantageous discounts. You'll also leverage our Private Equity Group (PEG), Vista, and their established benchmarking data and pre-negotiated vendor pricing to drive significant value.
- Manage Vendor Spend: Track, manage, and report on all third-party vendor expenditures across various categories.
- Process Development: Design and implement efficient procurement processes for internal use software and other corporate services.
- Cost Optimization: Proactively identify opportunities to reduce costs and improve value through strategic vendor negotiations and contract management.
- License Management: Work with software users and owners to ensure appropriate license quantities based on actual usage.
- Contract Negotiation: Negotiate favorable contract terms, pricing, and durations with vendors, balancing flexibility with cost-effectiveness.
- Stakeholder Collaboration: Partner with internal departments to understand their procurement needs and ensure alignment with company objectives.
- Benchmarking & Leverage: Utilize Vista's benchmarking data and pre-negotiated agreements to secure the best possible pricing and terms.
- Reporting & Analysis: Generate regular reports on vendor spend, savings, and key procurement metrics.
- Vendor Relationship Management: Build and maintain strong relationships with key vendors.
Required Qualifications:
- 5+ years of proven experience in procurement or a similar role, ideally within a fast-paced technology environment.
- Strong understanding of procurement best practices and vendor management principles.
- Demonstrated ability to negotiate complex contracts and achieve favorable outcomes.
- Excellent analytical skills with the ability to track spend, identify trends, and generate insightful reports.
- Proficiency in using procurement software and tools.
- Exceptional communication and interpersonal skills, with the ability to collaborate effectively with internal and external stakeholders.
- A proactive and results-oriented mindset with a strong attention to detail.
- Ability to work independently and manage multiple priorities in a dynamic environment.
Job Classification
Industry: IT Services & ConsultingFunctional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement AnalystEmployement Type: Full timeContact Details:
Company: Critical StartLocation(s): Pune
Keyskills: vendor management contract negotiations contract management analytical interpersonal skills contracts operations procurement vendor relationship management vendor negotiation software procurement cost optimization vendor negotiation pricing communication skills
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