The Role
Cognizant is seeking Procurement Associate for Buyer role for IT Hardware Sourcing – India
• Considerable knowledge of purchasing practices including best verses lowest price quote, closed bid process, total cost of purchase, cost savings of purchases, and public purchasing restrictions.
• Good knowledge of competitive vendor base across all IT Hardware categories.
• IT industry-based category buying experience as Cognizant is an IT based Organization this is a mandatory
• Market knowledge on IT Sourcing.
• Process orientation person and aligning to the Procurement Process and Policy. Good understanding of PR to PO process and working experience in basic ERP for Supply Chain / Procurement.
• Experience working with Ariba.
• Experience in managing RFPs, RFI, RFQs and Reverse Auctions
• Extensive experience in supplier relationship management and establishing supplier performance management framework.
• Knowledge on supplier due diligence & on boarding process and tools
• Excellent skill in supplier negotiations and negotiation strategies
• Hands on experience on source selection techniques and fair value requirements
• Knowledge on local tax and regulations related to procurement.
• Ability to handle confidential material judiciously.
Duties and Tasks
• Prepare specifications for the purpose of soliciting bids/proposals from qualified vendors; distribute invitations for bids/proposals and set bid/proposal opening dates; receive and evaluate bid for successful vendor; maintain file records.
• Convert requisitions; issue purchase orders; approve ordering; distribute purchase orders to the appropriate Vendor Partner.
• Negotiate with the suppliers on day-to-day purchase requirements and ensure soft dollar/ hard dollar savings to the organization.
• To strategize to find cost-effective deals and suppliers
• Drive implementation of Procurement policies and procedures
• End to end contract execution and timely renewal of contracts
• Manage supplier relationships and conduct periodic business reviews
• Design, develop and execute RFx
• Participate in procurement audits
• Interact with various business groups in contract execution process
• Prepare supplier recommendation summary
• Ensure compliance to Global Procurement policy
• To discover the best ways to cut it procurement expenses, so that the company can invest in growth and people
● People Skills
○ Guides and motivates the business groups to nurture and develop process culture across service lines
○ Influence & collaborate with business groups to ensure process and policy compliance
● Team Management Responsibilities
○ Mostly this is an individual contributor role
Essential Qualification and Skills Requirements
● Qualification
o Graduate with minimum 8 to 9 years of experience in Procurement handling, Sourcing, purchasing, contract management, vendor relationship & direct Vendor interactions for IT Hardware Sourcing areas.
o Work Experience: Minimum of 5 years of proven experience in strategic sourcing/ buyer related roles
o Experience working with varying ERP Platforms
● Skills
o Self-driven and Effective interpersonal skills in forming and maintaining effective working relations with vendors, Cross functional teams.
o Excellent Project Management Skills.
o Analytical skills including searching for products, contracts, vendors or services.
o Excellent customer service skills.
o Ability to apply principles of logical thinking to define problems, collect data, establish facts, and draw valid conclusions to meet the needs and objectives of the company
o Effective and Efficient in problem solving and ensure the end to end cycle time is as per the accepted SLA....every time.
o Should be good in English Speaking and writing
o Experience in MS office and responsible for reporting key procurement parameters.
o Flexible in office time as the Procurement Leaders are present globally across different time zones.
o Change management skills
The Cognizant community:
We are a high caliber team who appreciate and support one another. Our people uphold an energetic, collaborative and inclusive workplace where everyone can thrive.
- Cognizant is a global community with more than 300,000+ associates around the world.
- We don’t just dream of a better way – we make it happen.
- We take care of our people, clients, company, communities and climate by doing what’s right.
- We foster an innovative environment where you can build the career path that’s right for you.
About us:
Cognizant is one of the world's leading professional services companies, transforming clients' business, operating, and technology models for the digital era. Our unique industry-based, consultative approach helps clients envision, build, and run more innovative and efficient businesses. Headquartered in the U.S., Cognizant (a member of the NASDAQ-100 and one of Forbes World’s Best Employers 2024) is consistently listed among the most admired companies in the world. Learn how Cognizant helps clients lead with digital at www.cognizant.com
Our commitment to diversity and inclusion:
Cognizant is an equal opportunity employer that embraces diversity, champions equity and values inclusion. We are dedicated to nurturing a community where everyone feels heard, accepted and welcome. Your application and candidacy will not be considered based on race, color, sex, religion, creed, sexual orientation, gender identity, national origin, disability, genetic information, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.
If you have a disability that requires reasonable accommodation to search for a job opening or submit an application, please email [email protected] with your request and contact information.
Disclaimer:
Compensation information is accurate as of the date of this posting. Cognizant reserves the right to modify this information at any time, subject to applicable law.
Applicants may be required to attend interviews in person or by video conference. In addition, candidates may be required to present their current state or government issued ID during each interview.