Job Summary: The Procurement Director leads and manages all phases of the IT procurement categories including evaluating and identifying the organization's IT hardware, software, devices/equipment, licenses, solutions/services etc. S/he is expected to set the procurement processes, functional sourcing frameworks, teams, systems, and practices. Additionally, the incumbent would be responsible for negotiating contracts, pricing, terms, and service level agreements, conducting commercial reviews, etc. Job Description: - Procurement Strategy: Develop and execute a comprehensive procurement strategy aligned with the company's business objectives and IT requirements - Vendor Management: Manage relationships with OEMs, cloud service providers, software vendors, and other IT suppliers. Negotiate contracts, service level agreements (SLAs), and ensure favorable terms for the organization - Cost Optimization: Implement cost-effective procurement strategies, negotiate competitive pricing, and drive cost optimization initiatives without compromising on quality and service delivery - License Management: Oversee software license procurement, renewal, and compliance to ensure adherence to licensing agreements and prevent any legal or financial risks - Procurement Compliance: Ensure compliance with procurement policies, procedures, and legal requirements, and promote ethical and sustainable procurement practices - Market Research: Stay updated with industry trends, market conditions, and new technologies to make informed procurement decisions - Team Leadership: Manage and lead a team of procurement professionals, fostering a collaborative and high-performance culture - Process Improvement: Continuously improve procurement processes, leveraging automation and digital tools for efficiency gains - Risk Management: Identify potential risks in the procurement process and implement strategies to mitigate them - Support the annual budget and operating plan preparation, reviewing and analyzing cost and related trends, conducting analysis and reporting of actual Vs. forecast numbers - Ensure adherence to timeline and SLAs and meet internal/corporate deadlines. Profile Description: - Graduate/Postgraduate in Supply Chain Management, or a related field with proven experience in managing procurement functions in an IT services organization - Minimum of 15 years of experience in Procurement and at least 10 years in IT Services organisation - Strong understanding of IT procurement, including OEMs, cloud services, software licensing, IT asset management, IT software, and services suppliers - Strong experience in negotiating agreements, sourcing, pricing, and identifying savings opportunities, conducting commercial reviews for each Statement of Works to mitigate and manage commercial risks - In-depth knowledge of procurement best practices, negotiation techniques, and contract management - Analytical mindset with a focus on data-driven decision-making, exceptional communication and interpersonal skills for effective vendor and stakeholder management - Relevant certifications in procurement or supply chain management are a plus.

Chennai

Mindsprint - Director - IT Procurement 

Job Description for Mindsprint - Director - IT Procurement  in MINDSPRINT DIGITAL (INDIA) PRIVATE LIMITED in  Chennai for (15-20) years of experience. Apply Now!