Logo of Huzzle

Home

Matches

Explore

Manage

Executive Procurement

image

NEC Corporation

1mo ago

  • Job
    Full-time
    Junior & Mid Level
  • Logistics
    IT & Cybersecurity
  • Bangalore

AI generated summary

  • You need a bachelor's in a relevant field, 2-3 years in procurement, IT knowledge, SAP MM skills, and fluency in English. Ability to prioritize in a fast-paced environment is essential.
  • You will create procurement documents in SAP, conduct market research, negotiate with vendors, manage stakeholder relationships, ensure compliance, and streamline processes for cost savings.

Requirements

  • Bachelor's degree in Business Administration, Supply Chain Management, Engineering or a related field.
  • 2-3 years of experience in procurement is preferable.
  • Knowledge of the IT industry, hardware and software including the latest technological developments, emerging trends, and market dynamics would be an advantage.
  • Ability to work independently, prioritize tasks, and meet deadlines in a fast-paced environment.
  • A junior candidate who has experience in global procurement/sourcing and has good knowledge of SAP MM.
  • Must be fluent in English- writing and oral skills.

Responsibilities

  • Create PRs, POs, Material codes, etc in SAP and act as an administrator for procurement applications and mailbox.
  • Conduct market research and analysis to identify emerging trends, technological advancements, and cost-effective alternatives for procurement.
  • Collaborate with stakeholders to understand their requirements and provide strategic guidance on procurement decisions.
  • Develop and maintain relationships with stakeholders and suppliers to ensure the availability of high-quality products and services at competitive prices.
  • Identify opportunities for cost savings and negotiate favourable terms and pricing with vendors.
  • Evaluate existing contracts and agreements to identify areas for optimization and renegotiation.
  • Research and recommend alternative solutions and products that are more cost-effective while meeting quality and performance requirements.
  • Develop and implement initiatives to reduce maverick spend and drive overall procurement savings.
  • Foster a collaborative and results-oriented work environment, promoting effective communication and teamwork.
  • Ensure timely and accurate completion of procurement activities, including RFQs, RFPs, and contract negotiations.
  • Collaborate with cross-functional teams, including IT, finance, and legal, to streamline processes and drive efficiency.
  • Ensure compliance with company policies, procedures, and regulatory requirements during the procurement process.
  • Identify and mitigate procurement-related risks and implement appropriate controls.
  • Stay updated on industry regulations and best practices related to IT procurement.

FAQs

What is the job title for this position?

The job title for this position is Executive Procurement.

What company is hiring for this role?

NEC Software Solutions (India) is hiring for this role.

What are the primary responsibilities of the Procurement Executive?

The primary responsibilities include managing procurement operations, identifying cost-saving opportunities, collaborating with stakeholders, ensuring compliance, and driving team collaboration.

What qualifications are required for the Procurement Executive position?

A Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related field, along with 2-3 years of experience in procurement, is required.

Is knowledge of the IT industry important for this role?

Yes, knowledge of the IT industry, including hardware and software and the latest technological developments, is considered an advantage.

Are there specific software requirements for this position?

Yes, familiarity with SAP MM is required, and experience in global procurement/sourcing is also beneficial.

What type of work environment should candidates expect?

Candidates can expect a collaborative and results-oriented work environment that promotes effective communication and teamwork.

Is fluency in English necessary for this position?

Yes, fluency in English, both written and spoken, is a requirement for this role.

Will the Procurement Executive be involved in other categories besides IT?

Yes, the Procurement Executive will also handle other categories such as office supplies, recruitment, and marketing.

What is the focus of NEC Corporation, the parent company?

NEC Corporation focuses on providing "Solutions for Society" that promote the safety, security, fairness, and equality of society using technological innovations.

NEC Corporation

Consulting
Industry
10,001+
Employees
1899
Founded Year

Mission & Purpose

NEC Corporation is a global leader in the integration of IT and network technologies, offering a wide range of products and services including computing, communications, and electronic devices. The company's ultimate mission is to drive social value creation by delivering innovative solutions that address complex challenges and contribute to a more sustainable and secure society. NEC aims to leverage its technological expertise to enable businesses and communities to thrive, fostering progress through digital transformation and enhancing quality of life. Their purpose is to build a brighter future by solving pressing issues and creating new value through advanced technology and integrated solutions.