Team Lead - Procurement

Latinem; Hyderabad; On-site; INR 1,800,000 - 2,500,000; Full time

Benefits offered by this job

Performance bonuses

Medical benefits

Job summary

Latinem is seeking a Job Summary Team Lead to manage procurement activities in Hyderabad. You will oversee supplier onboarding, negotiations, planning, and order processing to ensure cost-effective and compliant purchasing.

The role demands 6–7 years of procurement experience, strong SAP HANA ARIBA and MS Office skills, and the ability to drive continuous improvement across the procurement lifecycle.

Qualifications

• Graduate degree in Commerce, Supply Chain or related field.
• 6–7 years of procurement or supply chain experience.
• Proficiency in SAP HANA ARIBA, MS Office and procurement tools.
• Excellent communication skills.

Responsibilities

• Identify, evaluate, and onboard suppliers based on quality, pricing, reliability, and delivery performance.
• Build and nurture long-term relationships with vendors to ensure reliable supply.
• Proactively source new products, services, and suppliers to meet evolving business needs.
• Lead negotiations on pricing, terms, and SLAs to achieve cost savings.
• Forecast material and service requirements in collaboration with internal teams.
• Support inventory planning to avoid stockouts or overstocking.
• Process and manage purchase orders with accuracy and timeliness.
• Monitor order fulfilment to ensure quality, timelines, and compliance with agreed terms.
• Handle discrepancies, short supplies, or quality issues effectively.
• Track and control procurement spend against budgets.
• Identify opportunities for cost savings and process efficiencies.
• Prepare and present procurement reports, KPIs, and dashboards.
• Drive process improvements and stay abreast of industry trends.
• Implement digital tools and modern procurement practices where applicable.

Skills

Negotiation

Vendor management

Analytical thinking

Stakeholder management

Multi-tasking

Decision making

Education

Graduate degree in Commerce

Graduate degree in Supply Chain

Graduate degree in Business Administration

Tools

SAP HANA ARIBA

MS Office Suite

SAP S/4 HANA

SAP MM

Procurement tools

Job description

Job Summary Team Lead

Key Responsibilities

1. Sourcing & Supplier Management

• Identify, evaluate, and onboard suppliers based on quality, pricing, reliability, and delivery performance.
• Build and nurture long-term relationships with vendors to ensure reliable supply.
• Proactively source new products, services, and suppliers to meet evolving business needs.

2. Negotiation

• Lead negotiations on pricing, terms, and service-level agreements to achieve cost savings.
• Address and resolve supplier disputes or contractual issues promptly.

3. Procurement Strategy & Planning

• Forecast material and service requirements in collaboration with internal teams.
• Support inventory planning to avoid stockouts or overstocking.

4. Order Processing & Operations

• Process and manage purchase orders with accuracy and timeliness.
• Monitor order fulfilment to ensure quality, timelines, and compliance with agreed terms.
• Handle discrepancies, short supplies, or quality issues effectively.

5. Budgeting & Cost Optimization

• Track and control procurement spend against allocated budgets.
• Identify opportunities for cost savings and process efficiencies.
• Conduct spend analysis to highlight trends and recommend improvement measures.

6. Compliance & Documentation

• Ensure adherence to company procurement policies, ethical practices, and legal standards.
• Maintain up-to-date procurement documentation, contracts, and supplier records.
• Prepare and present procurement reports, KPIs, and performance dashboards.

7. Continuous Improvement & Best Practices

• Drive process improvements to enhance procurement efficiency and effectiveness.
• Stay abreast of industry trends, supplier innovations, and emerging sourcing practices.
• Implement digital tools and modern procurement practices where applicable.

Qualifications & Requirements

• Strong knowledge of sourcing, vendor management, and procurement best practices.
• Proven negotiation and contract management skills.
• Strong analytical, decision-making, and problem-solving abilities.
• stakeholder management, and interpersonal skills.
• Ability to manage multiple priorities in a fast-paced environment.

Must Have

• Graduate degree in Commerce, Supply Chain, Business Administration, or related field.
• Minimum 6-7 years of experience in procurement or supply chain management, preferably with exposure to local supplier ecosystems.
• Proficiency in SAP HANA ARIBA, MS Office Suite and procurement tools.
• Excellent communication.

Key Competencies

• Strategic thinking & analytical skills
• Negotiation & persuasion
• Vendor relationship management
• Cost control & budgeting discipline
• Attention to detail & process orientation
• Strong organizational & time management abilities
• Adaptability, flexibility, and resilience

Preferred candidate profile

• Manage the complete procurement lifecycle for construction materials, MEP systems, IBMS, IT infrastructure, and indirect services.
• Handle Capex and Opex procurement planning, budgeting, execution, and reconciliation.
• Ensure compliance with approved budgets, technical specifications, contracts, and project timelines.
• Identify, evaluate onboard, and manage domestic and overseas vendors.
• Lead RFQ/RFP processes, techno-commercial evaluations, reverse auctions, and negotiations.
• Finalize rate contracts, long-term agreements, SLAs, AMCs, and service contracts.
• Monitor vendor performance using KPIs, SLAs, and periodic reviews; drive corrective actions where required.
• Sourcing and procurement of civil, mechanical, electrical components.
• Manage procurement of IT hardware (laptops, servers, networking equipment, CCTV, access control, AV systems).
• Handle software licensing, ERP add-ons, project management tools, cybersecurity solutions, and IT services.
• Manage vendor onboarding, AMC/support contracts, warranty tracking, and compliance.
• Execute procurement transactions in SAP S/4 HANA / SAP MM / SAP Ariba, including:
• PR, PO, Service POs, Contracts
• GRN, Service Entry Sheets, Invoice Verification
• Maintain audit-ready documentation, master data accuracy, and ERP compliance.
• Support procurement reporting, governance, and system-driven controls.
• Manage international trade terms (Incoterms) and payment mechanisms (LC, CAD, ABG, PBG, SWIFT).
• Develop and maintain procurement dashboards, trackers, MIS, and performance reports.
• Track cost savings, budget utilization, vendor performance, inventory metrics, and risk exposure.
• Present insights and recommendations to leadership using MS Excel, PowerPoint, and BI tools.