Principal Specialist, Procurement

About the role

Randstad Enterprise is recruiting a Principal Specialist, Procurement in Hyderabad, Telangana, on a full-time basis. The role supports the development and implementation of the procurement and supply chain strategy, processes and plans, and covers supplier evaluation, purchasing and contract administration.

Key responsibilities

• Support the development and implementation of the procurement and supply chain strategy, processes and plans.
• Identify and evaluate suppliers based on quality, cost and delivery performance.
• Carry out purchasing activities in line with company policy: gather purchasing requests, negotiate pricing, delivery, service and vendor quality, administer terms and expedite purchase orders from valid requisitions.
• Negotiate terms and conditions with suppliers.
• Coordinate procurement group activities with internal functions to ensure the flow of data.
• Review supplier proposals and quantitative and qualitative analyses to facilitate negotiations, monitor supplier performance and resolve issues.
• Assist in evaluating, assessing and negotiating RFPs, identify concerns, propose mitigations, recommend the preferred vendor and justify the chosen solution.
• Administer complex contractual agreements where needed, monitoring cost, schedule and scope of service agreements and subcontracts to ensure quality, value and on-time delivery.
• Consolidate purchase needs to create economies of scale and reduce costs.
• Act as a business interface for local contract owners and suppliers, answering queries and resolving issues, and collaborate with internal stakeholders to understand procurement needs.

Required profile

• In-depth conceptual and practical knowledge of the discipline and a basic understanding of related disciplines.
• Able to solve a range of problems using technical and functional experience and precedents.
• May lead small projects or project steps within a broader project.
• Works independently, receiving guidance on complex and unprecedented problems.
• Provides support and guidance to team members and exchanges complex information with others.

Required skills

• Procurement and contract management
• Business negotiations
• Demand forecasting and demand management
• Change management and risk management
• Business process improvements and project management