Job Description

forProcurement Buyer (IT Hardware Sourcing)The RoleCognizant is seeking Procurement Associate for Buyer role for IT Hardware Sourcing xe2x80x93 IndiaConsiderable knowledge of purchasing practices including best verses lowest price quote, closed bid process, total cost of purchase, cost savings of purchases, and public purchasing restrictions.
Good knowledge of competitive vendor base across all IT Hardware categories.
IT industry-based category buying experience as Cognizant is an IT based Organization this is a mandatory
Market knowledge on IT Sourcing.
Process orientation person and aligning to the Procurement Process and Policy. Good understanding of PR to PO process and working experience in basic ERP for Supply Chain / Procurement.
Experience working with Ariba.
Experience in managing RFPs, RFI, RFQs and Reverse Auctions
Extensive experience in supplier relationship management and establishing supplier performance management framework.
Knowledge on supplier due diligence & on boarding process and tools
Excellent skill in supplier negotiations and negotiation strategies
Hands on experience on source selection techniques and fair value requirements
Knowledge on local tax and regulations related to procurement.
Ability to handle confidential material judiciously.Duties and TasksPrepare specifications for the purpose of soliciting bids/proposals from qualified vendors; distribute invitations for bids/proposals and set bid/proposal opening dates; receive and evaluate bid for successful vendor; maintain file records.
Convert requisitions; issue purchase orders; approve ordering; distribute purchase orders to the appropriate Vendor Partner.
Negotiate with the suppliers on day-to-day purchase requirements and ensure soft dollar/ hard dollar savings to the organization.
To strategize to find cost-effective deals and suppliers
Drive implementation of Procurement policies and procedures
End to end contract execution and timely renewal of contracts
Manage supplier relationships and conduct periodic business reviews
Design, develop and execute RFx
Participate in procurement audits
Interact with various business groups in contract execution process
Prepare supplier recommendation summary
Ensure compliance to Global Procurement policy
To discover the best ways to cut it procurement expenses, so that the company can invest in growth and peoplePeople SkillsGuides and motivates the business groups to nurture and develop process culture across service lines
Influence & collaborate with business groups to ensure process and policy complianceTeam Management ResponsibilitiesMostly this is an individual contributor roleEssential Qualification and Skills RequirementsQualificationGraduate with minimum 8 to 9 years of experience in Procurement handling, Sourcing, purchasing, contract management, vendor relationship & direct Vendor interactions for IT Hardware Sourcing areas.
Work Experience: Minimum of 5 years of proven experience in strategic sourcing/ buyer related roles
Experience working with varying ERP PlatformsSkillsSelf-driven and Effective interpersonal skills in forming and maintaining effective working relations with vendors, Cross functional teams.
Excellent Project Management Skills.
Analytical skills including searching for products, contracts, vendors or services.
Excellent customer service skills.
Ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions to meet the needs and objectives of the company
Effective and Efficient in problem solving and ensure the end to end cycle time is as per the accepted SLA....every time.
Should be good in English Speaking and writing
Experience in MS office and responsible for reporting key procurement parameters.
Flexible in office time as the Procurement Leaders are present globally across different time zones.
Change management skills

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