Livspace - Lead - Procurement

Procurement Lead

Roles and Responsibilities:

- Develop and implement procurement strategies to ensure the timely and cost-effective procurement of goods and services.

- Identify and evaluate potential suppliers, negotiate contracts and agreements, and manage vendor relationships.

- Manage the procure-to-pay process, including purchase order creation, invoice processing, and payment reconciliation.

- Collaborate with cross-functional teams to understand their procurement needs and requirements, specifically in areas such as Marketing, IT, CAPEX, and OPEX.

- Build and maintain a strong supplier base, conducting supplier evaluations, performance reviews, and driving continuous improvement initiatives.

- Create and maintain accurate records of procurement activities, including contracts, purchase orders, and invoices.

- Ensure compliance with company policies and government regulations related to procurement and vendor management.

- Monitor and report on procurement performance metrics to identify areas for improvement.

- Work closely with the Finance team to develop and manage procurement budgets for different functions, optimizing spending while maintaining quality.

- Monitor and track procurement expenses, identifying cost-saving opportunities, and proposing strategies to minimize procurement costs.

- Utilize Excel and Google Sheets proficiently to analyze procurement data, trends, and key performance indicators (KPIs) to drive data-driven decision-making.

- Prepare regular reports on procurement activities, savings achieved, and supplier performance, presenting insights to the management team.

- Provide guidance and support to other team members on procurement-related matters.

- Continuously improve procurement processes and procedures to increase efficiency and reduce costs.

EXPERTISE AND QUALIFICATIONS:

- Bachelor's degree in business administration, supply chain management, or a related field

- 4+ years experience in years of experience in procurement, with a strong background in the procure-to-pay process and experience in buying functions such as Marketing, IT, CAPEX, and OPEX, preferably in a startup or e-commerce environment.

- Strong knowledge of procure-to-pay processes and best practices

- Experience with Excel and Google Sheets

- Excellent communication and negotiation skills

- Strong analytical and problem-solving skills

- Ability to work independently and as part of a team in a fast-paced environment

- Detail-oriented with a strong focus on accuracy and quality

- Strong project management skills with the ability to manage multiple projects simultaneously

Seniority Level : Mid-Senior level

Industry : Internet

Employment Type : Full-time