Procurement Analyst

Skillventory; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Skillventory in Mumbai seeks a Procurement Manager for Marketing and Business Services to lead vendor selection, negotiations, and contract management across marketing agencies, media buys, production, and related services.

You will collaborate with marketing, legal, finance, and operations to optimize spending, manage risks, and drive value through RFQs/RFPs/RFIs and AI-enabled procurement tools.

Qualifications

• Education: BE in Engineering; MBA in Operations, Marketing & Finance advantageous.
• Experience: 3-5 years in procurement, sourcing or purchasing, preferably indirect services.
• Strong negotiation, analytical, and communication skills; ability to work cross-functionally.
• Proficiency with procurement software/tools and ERP systems; Coupa preferred.

Responsibilities

• Develop and execute sourcing strategies for marketing services and other business services.
• Manage RFQs, RFPs, and RFIs; lead competitive bidding and supplier evaluation.
• Build long-term relationships with strategic suppliers and internal stakeholders.
• Negotiate pricing, terms, and SLAs; manage contract lifecycle; ensure compliance.
• Conduct spend analysis, monitor market trends, and identify cost-saving opportunities.

Skills

Negotiation

Communication

Analytical skills

Contract knowledge

Strategic sourcing

Project management

Education

BE in Engineering

MBA in Operations/Marketing/Finance

Tools

Coupa

MS Office (Excel/PowerPoint)

Job description

The Procurement Manager for Marketing and Business Services will be responsible for overseeing all aspects of vendor selection, negotiation, and contract management for a wide range of services. This

role involves close collaboration with internal marketing, legal, finance, and operations teams to identify needs, manage risks, optimize spending, and drive value for the organization.

Key Responsibilities

• Strategic Sourcing and Vendor Management:

Support in developing and executing sourcing strategies for marketing services (e.g., agencies, media buys, production, market research, platforms) and other business services (e.g., consulting, travel, professional services). The person shall deal with Media

Agencies, Advertising Creative and Social Media Agencies, Big 4 Consulting Firms KPMG, E&Y etc for Business Services

Identify and evaluate potential suppliers and vendors based on quality, cost, reliability, and alignment with business needs.

Manage the competitive bidding process, including preparing RFQs (Requests for Quote), RFPs (Requests for Proposal), and RFIs (Requests for Information).

Build and maintain strong, long‑term relationships with strategic suppliers and internal stakeholders.

• Agentic AI Skillset
• Working knowledge of Agentic AI platforms and AI‑assisted workflow automation tools.
• Ability to leverage AI agents for research, analysis, reporting, and process optimization.
• Experience in integrating AI‑driven solutions into day‑to‑day business operations.
• Strong judgment in validating AI‑generated recommendations and ensuring responsible AI usage.
• Continuous learning mindset with a focus on AI‑led innovation and operational excellence.
• Negotiation and Contract Management:

Support negotiations on pricing, terms, and service level agreements (SLAs) to secure the best possible value and mitigate risk.

Collaborate with the legal department to ensure all contracts are compliant with regulations and favorable to the company.

Administer, track, and manage contracts throughout their lifecycle, including renewals and terminations.

• Cost Analysis and Optimization: Conduct spend analysis and market research to identify cost‑saving opportunities and efficiency improvements.

Monitor market trends and price fluctuations to inform strategic sourcing decisions.

Track key functional metrics and prepare reports for management regarding savings, performance, and compliance.

• Process Improvement and Compliance:

Develop and enforce procurement policies and procedures across the organization.

Evaluate existing processes and implement changes to streamline workflows and enhance effectiveness.

Ensure all procurement activities adhere to internal policies and relevant legal/regulatory requirements.

Required Skills and Qualifications

• Education: BE Bachelors in Engineering with MBA in Operations, Marketing & Finance will be added advantage
• Experience: 3-5 years experience in procurement, sourcing, or purchasing role, preferably with a focus on indirect services, marketing, or business services.
• Skills:

Exceptional negotiation and communication skills (verbal and written).

Strong analytical, problem‑solving, and data analysis abilities.

In‑depth knowledge of procurement principles, contract law, and strategic sourcing methodologies.

Proficiency in procurement software/tools and ERP systems COUPA, MS OFFICE EXCEL / POWERPOINT.

Excellent time management, organizational, and project management skills.