Procurement with Risk management Hyderabad
- 2coms
- 5 - 10 years
- Hyderabad
- 2 months ago
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Job Description
SUMMARYSummary
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.
Job Classification
Industry: Courier / LogisticsFunctional Area / Department: Procurement & Supply ChainRole Category: Procurement & PurchaseRole: Procurement AnalystEmployement Type: Full timeContact Details:
Company: 2comsLocation(s): Hyderabad+ View Contact
Keyskills: vendor management risk management data analysis pricing analysis strategic sourcing purchase market research inventory monitoring strategic procurement vendor development materials procurement collaboration vendor export pricing communication skills
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