Product Operations - Procurement
- Mumbai, Maharashtra
- Permanent
- Full-time
- Manage the full PO lifecycle from creation to closure for renewals and new tools, licenses & maintenance requests, ensuring compliance and timely processing.
- Oversee vendor relationships across multiple regions, ensuring effective procurement operations.
- Liaise with R&D and Product managers to understand procurement needs, generate POs, and resolve related issues.
- Negotiate vendor pricing to secure favorable terms and assess vendor performance for cost savings opportunities.
- Resolve invoice discrepancies with Accounts Payable, review debit/credit notes as necessary, and ensure timely settlement of vendor billing.
- Maintain accurate PO records and provide regular reports on status and closures, reporting roadblocks to senior leadership.
- Conduct quarterly budget planning cycles with R&D and Finance teams to align with financial goals.
- Continuously strive for process improvements and cost reduction on each PO request.
- Enhance team communication and collaboration to align personal and company goals.
- Prepare and release various expense reports, and work closely with expense management on data sets and periodic reports.
- Minimum 1-3 years of experience in procurement.
- Demonstrated expertise in using procurement tools.
- Strong understanding of procurement lifecycle, including requisition management, RFx processes, and vendor negotiations.
- Excellent communication and stakeholder engagement skills.
- Ability to work independently and manage multiple priorities in a fast-paced setting.
- Bachelor's degree in Business, Supply Chain Management, Procurement, or a related field.