Procurement Specialist

Job Title: Procurement SpecialistJob Type: Remote - IndiaJob SummaryThe Procurement Specialist plays a pivotal role in managing procurement contracts across key technology categories—including hardware, software, network/telecom, and IT services. This position ensures the organization secures optimal technology solutions at competitive pricing while adhering to internal governance and external regulatory standards. The analyst collaborates cross-functionally with IT teams, vendors, and business stakeholders to negotiate, execute, and manage contract lifecycles effectively.Core ResponsibilitiesStrategic Procurement Execution: Lead the acquisition of IT assets and services, ensuring timely delivery, cost efficiency, and alignment with business needs.Vendor & Supplier Management: Build and maintain robust relationships with technology vendors. Negotiate pricing, terms, and service-level agreements to maximize value and mitigate risk.Regulatory & Policy Compliance: Ensure all procurement activities conform to corporate policies, industry best practices, and applicable legal standards.Contract Lifecycle Oversight: Administer end-to-end contract processes—including initiation, renewal, amendment, and termination—across IT categories.Entitlement & Inventory Governance: Maintain accurate records of contract entitlements, licensing, and asset inventories to support audit readiness and operational transparency.Cross-Functional Collaboration: Partner with IT and business units to understand technology requirements and deliver procurement solutions that support strategic initiatives.Performance Reporting & Analytics: Generate actionable reports on procurement metrics, cost savings, and vendor performance for executive stakeholders.Minimum QualificationsBachelor’s degree in Supply Chain Management, Business Administration, Finance, or a related disciplineMinimum 5-6 years of experience in MSAs, SLAs, SOWs, KPI, procurement, supply chain operations, data analysisProven expertise in negotiating complex contracts across various domainsStrong analytical, problem-solving, and decision-making capabilitiesExcellent communication and stakeholder engagement skillsExperience managing large-scale contracts in hardware, software, managed services, or telecomPreferred Skills & CompetenciesDeep understanding of procurement methodologies and vendor management frameworksFamiliarity with IT systems, infrastructure, and software licensing modelsAdvanced conflict resolution and mediation skills for handling escalationsAbility to prioritize tasks and manage multiple concurrent projects in a dynamic environmentResults-driven mindset with a structured, analytical approach to problem solvingProficiency in using procurement tools and reporting platform