Executive - Procurement

Digitide; Bengaluru; On-site; INR 600,000 - 900,000; Full time

Job summary

Digitide is seeking an Executive in Procurement to oversee the full procurement lifecycle, from supplier sourcing to contract management. The role focuses on driving cost savings, efficiency, and regulatory compliance across the organization.

The candidate will develop strategic procurement plans, evaluate suppliers, negotiate contracts, manage RFPs, and maintain supplier data while collaborating with internal stakeholders to meet procurement needs and ensure high standards of quality.

Qualifications

• Bachelor’s degree in Business Administration, Supply Chain Management, or related field.
• 2+ years of procurement or supply chain experience.
• Strong negotiation skills and supplier relationship abilities.
• Analytical, data-driven decision making.
• Proficient with procurement software and tools.
• Knowledge of industry regulations and compliance requirements.
• Ability to manage multiple projects independently and communicate effectively.

Responsibilities

• Develop and implement strategic procurement plans for cost-effectiveness and efficiency.
• Identify and evaluate potential suppliers with market research and analysis.
• Negotiate and finalize supplier contracts with favorable terms.
• Manage procurement processes including RFPs, proposals, and vendor selection.
• Maintain up-to-date supplier databases and records.
• Monitor market trends and pricing for cost reduction opportunities.
• Collaborate with internal teams to understand procurement needs.
• Ensure compliance with company policies and industry regulations.
• Prepare procurement reports with insights for senior management.
• Stay updated with procurement best practices and technology.

Skills

Negotiation

Analytical skills

Procurement software

Regulatory knowledge

Communication skills

Education

Bachelor’s degree in Business Administration / Supply Chain

Tools

Procurement software/tools

Job description

Digitide started with a simple vision: to transform business operations and drive growth for enterprises across the globe.

For over 20 years, we’ve been at the forefront of this mission, creating lasting impact through AI-led digital solutions, smart business processes, and deep industry expertise. Our journey began as a partner to businesses looking to enhance operational efficiency and customer experiences. By combining the power of AI, data intelligence, and business process services, we’ve been able to help our customers master the digital age and stay ahead of the curve.

With a global presence across 40 locations in 5 countries and a team of 55,000 dedicated associates, we deliver transformative solutions that help businesses adapt, evolve, and thrive in a constantly changing world. We’re more than just a service provider we’re a committed partner driving meaningful impact every day. We leverage global expertise and local insights to help customers navigate challenges and seize new opportunities. With a focus on innovation, collaboration, and results, we continue to pave the way for the future of business.

Job Description

As an Executive in Procurement, you will be responsible for overseeing the entire procurement lifecycle, from identifying and sourcing suppliers to negotiating contracts and managing relationships. Your role will be pivotal in driving cost savings, improving operational efficiency, and ensuring compliance with company policies and industry regulations.

Responsibilities

• Develop and implement strategic procurement plans to achieve cost-effectiveness and efficiency.
• Identify and evaluate potential suppliers, conducting thorough market research and analysis.
• Negotiate and finalize contracts with suppliers, ensuring favorable terms and conditions.
• Manage the procurement process, including issuing RFPs, evaluating proposals, and selecting vendors.
• Maintain and update supplier databases, ensuring accurate and up-to-date information.
• Monitor and analyze market trends and pricing to identify opportunities for cost reduction.
• Collaborate with internal stakeholders to understand their procurement needs and provide solutions.
• Ensure compliance with company policies, procedures, and ethical standards in all procurement activities.
• Prepare and present procurement reports, providing insights and recommendations to senior management.
• Stay updated with industry best practices and emerging technologies in procurement.

Qualifications

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field.
• Minimum 2 years of experience in a procurement or supply chain role, preferably in a corporate environment.
• Strong negotiation skills and the ability to build effective relationships with suppliers.
• Excellent analytical and problem-solving skills, with a data-driven approach to decision-making.
• Proficiency in using procurement software and tools for efficient process management.
• Knowledge of industry-specific regulations and compliance requirements.
• Ability to work independently and manage multiple projects simultaneously.Excellent communication and interpersonal skills for effective collaboration with internal teams.
• Strong attention to detail and a commitment to maintaining high standards of quality.
• Willingness to stay updated with industry trends and best practices.

Job Info

• Job Identification 250389
• Job Category Supply Chain and Logistics | Procurement