Procurement Buyer

ESP Engineered; Bengaluru; On-site; INR 600,000 - 1,000,000; Full time

Job summary

ESP Engineered in Bengaluru, India is seeking a procurement specialist responsible for analyzing offers, supporting buyers in sourcing strategies, and negotiating with suppliers to ensure the best value and delivery. The role requires preliminary procurement experience, negotiation skills, and the ability to evaluate suppliers based on cost, delivery, and quality. Successful candidates will drive efficiency in procurement processes while adhering to global policies.

Qualifications

• Preliminary experience in procurement of goods and services.
• Experience in IT/Engineering Services procurement is advantageous.
• Strong ability in negotiation and documentation.

Responsibilities

• Analyze procurement offers to suggest cost-saving methods.
• Support buyers in generating sourcing strategies.
• Negotiate with suppliers for optimal pricing and quality.

Skills

Procurement experience

Negotiation skills

Documentation acumen

Supplier selection criteria knowledge

Job description

Qualifications

• Candidate should have preliminary experience in procurement of goods and services/indirect procurement/capital goods.
• Experience in procurement of IT/Engineering Services, IT Hardware, software, facility services, Lab equipment would be added advantage.
• Supporting buyers in tactical buying, floating RPQ’s, creation of Purchase Orders.
• Exposure to commodity specific supplier base and understanding of supplier selection criteria.
• Strong documentation acumen, basic to moderate negotiations skills.
• To ensure that all goods & services are purchased for the organization achieving the objectives: Best value; In‑time delivery; Minimized investment.
• Adhere to global procurement policies.
• Alignment of procurement activities with user departments and managing stakeholders.
• Experience in purchase, negotiation, process knowledge and supplier interactions.

Main Task Description

Analyzing procurement offers and suggesting methods to decrease expenditure. Supporting buyers in generating and implementing efficient sourcing and category management strategies. Deriving strategies through spend management, ABC analysis, and Pareto analysis.

Supplier Landscape: Continuously screen the domestic market, prepare a comprehensive supplier landscape, and ensure compliance aspects are adhered to and monitored.

Supporting buyers in finalizing the negotiation strategy and negotiation design. Negotiating with suppliers to achieve target cost. Selecting the supplier based on comprehensive evaluation of offers in terms of best‑in‑class price, delivery, and quality. Experienced with price plausibility tools such as price breakdown, bottom‑up cost calculation, open book calculation, and linear price performance.

Generating sourcing recommendations and creating purchase orders and contracts. Negotiating with suppliers for agreement on legal and commercial terms and conditions. Also involved in creation and finalization of material service agreements and procurement agreements with suppliers.

Following the purchasing system and procedures of procurement according to company activities and market. Monitoring and controlling all purchasing activities and procedures. Tracking and reporting key functional metrics to reduce expenses and improve effectiveness.

RFQ preparation and processing with shortlisted vendors. Obtaining competitive offers and evaluating offers on various techno‑commercial parameters. Collaborating with stakeholders to ensure clarity of the specifications and expectations of the company.