Procument Specialist

TeamLease; Bengaluru; On-site; INR 900,000 - 1,700,000; Full time

Job summary

TeamLease seeks a procurement professional with a strong background in indirect sourcing to manage supplier relationships, cost analysis, and contract negotiation across the APAC region. The role focuses on achieving cost savings while maintaining quality and delivery timelines.

Required are 3+ years in indirect procurement, APAC work experience, and fluency in English, with MS Office proficiency. This is an on-site role based in Bengaluru, India, reporting to the Procurement Lead.

Qualifications

• In-degree indirect procurement experience of at least 3 years.
• APAC work experience of at least 3 years.
• English language proficiency required.
• MS Office skills required.

Responsibilities

• Source goods, materials, components, or services to meet cost, quality and delivery targets.
• Analyze costs for new and existing purchases and support cost reduction initiatives.
• Collaborate with cross-functional teams for process and business improvements.
• Negotiate contracts to improve pricing, terms, and value using procurement best practices.
• Ensure adherence to purchasing policies throughout supplier negotiations and contract awards.
• Conduct market research to identify potential new suppliers and alternatives.
• Compile and analyze supplier performance data for evaluation and selection.
• Assess suppliers and contribute to regular performance reviews for optimal relationships.
• Liaise with suppliers to resolve pricing, quality, delivery, or invoicing issues promptly.
• Support vendor onboarding and ensure required documentation and compliance checks.
• Process advance payment requests per company policies.
• Maintain accurate records of sourcing activities and communications.

Skills

Indirect procurement

Cost analysis

Vendor management

Negotiation

English fluency

Education

Bachelor's degree

Tools

MS Office

Job description

Roles & Responsibilities Key Responsibilities:

• Source goods, materials, components, or services in line with specified cost, quality, and delivery targets, ensuring timely fulfillment of business requirements.
• Analyze costs for new and existing purchases, and actively participate in cost reduction and value improvement initiatives.
• Collaborate with cross-functional teams to identify and implement opportunities for process and business improvements.
• Negotiate contracts and agreements with suppliers, striving to improve pricing, terms, and overall value, while leveraging procurement best practices and negotiation tools.
• Ensure strict adherence to company guidelines, purchasing policies, and procedures throughout the supplier negotiation and contract award process.
• Conduct market research to identify potential new suppliers and alternative components, supporting business continuity and innovation.
• Compile and analyze data related to supplier performance, providing insights for supplier evaluation and selection.
• Assess and evaluate suppliers, contributing to regular performance reviews to ensure contract compliance and optimal supplier relationships.
• Liaise with suppliers to resolve issues related to pricing, quality, delivery, or invoicing in a timely and effective manner.
• Support the vendor onboarding process, ensuring all required documentation and compliance checks are completed.
• Initiate and process advance payment requests for suppliers as per company policies.
• Maintain accurate records of sourcing activities, supplier communications, and contract documentation.

Technical / Educational

Qualification

Bachelors Degree from an accredited university/college

- 3 years minimum indirect procurement experience

- 3 years minimum APAC working experience

- Fluent in English

- MS Office skills

Key Deliverables / KPI

• Reduce costs & lead to sizable savings over the average market price for the Sourcing events assigned by the lead.
• Create the contract and catalogs to increase Spend under
• management.
• Drive and implement the Cost savings/avoidance initiatives & Indirect strategies as per the regional & global directives.