Procurement With Risk Management || Hyderabad

Year    Hyderabad, Telangana, India

Job Description

:
Summary
We are seeking a highly skilled and experienced Strategic Procurement Support Specialist to join our team. The successful candidate will play a critical role in driving cost savings and efficiency improvements across the organization by generating and distributing spend reports, maintaining vendor inventory, and facilitating user additions and removals. This role requires a strong understanding of procurement processes, data analysis, and vendor management, as well as excellent communication and collaboration skills.
Responsibilities

  • Generate and distribute spend reports and inventory analyses to select teams on an annual basis, identifying opportunities for cost savings and efficiency improvements
  • Work with legal, compliance, IT, and procurement to enhance data tagging, reporting, and export capabilities within procurement platform to support better spend visibility
  • Maintain and regularly update vendor inventory, enriching records with relevant details (e.g., contract terms, renewal dates, and spend information)
  • Track, maintain, and reconcile user entitlements across key subscriptions
  • Facilitate user additions and removals with vendors and provide updated user lists to AP for accurate allocations
  • Monitor subscription renewals and ensure appropriate actions are taken ahead of key deadlines
  • Support the enhancement of third-party risk management practices by leveraging Zip as the core tracking and reporting system
  • Collaborate with compliance and TPRM working group to support due diligence processes and risk assessments for new and existing vendors
  • Provide support of ongoing monitoring and reporting on vendor risk
  • Guide employees through the procurement process, facilitate procurement platform user changes, identify & implement efficiency initiatives, enhance firmwide learning materials, and work to proactively expand the reach of the function
  • Document, organize, and maintain accurate records of procurement process updates and identify areas of improvement
Requirements
Requirements:
  • Bachelor's degree in Business, Finance, Economics, Statistics, or related field. A Master's degree is a plus.
  • Minimum of 5 years of experience in pricing analysis, market research, or related roles, preferably within the automobile industry.

Skills Required

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Job Detail

  • Job Id
    JD4537238
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Hyderabad, Telangana, India
  • Education
    Not mentioned
  • Experience
    Year