Manager - Procurement - Media Technology Firm

Designation: Procurement Manager

We are a next-generation media technology company providing cloud broadcast and targeted advertising solutions to broadcast and streaming TV platforms. Company enables content owners to launch, distribute, and monetize live linear channels on Free Ad-supported Streaming TV and video services platforms. Company also offers 24x7 cloud-managed services bringing simplicity, advanced automation, and transparency to the entire broadcast operations. Overall, Company supports 700+ content brands, 800+ playout chains, and over 2100 channel deliveries on its platform in over 40 countries. Company has a presence in New York, Los Angeles, Toronto, London, Paris, Melbourne, Seoul, Singapore, and broadcast operations in New Delhi, and an innovation center in Bangalore. Work Mode: In Office, 5 days/week

Job Profile: Work Location: Bengaluru

The ideal candidate should have a strong business understanding of requirements and, a grasp of cloud technologies, procurement processes, and security considerations. Effective communication and negotiation skills are vital for engaging with suppliers and stakeholders.

Key Responsibilities:

- Proactively drive deal closures and ensure awareness of taxes, contractual clauses, and commercial terms.

- Demonstrate strong ethics, foresight, agility, and quick learning abilities.

- Analyze empirical data to inform repeat purchases and assess deals comprehensively.

- Drive supplier service improvements, risk minimization, and business enhancements through standardized and automated practices.

- Collaborate with stakeholders to identify and document requirements,

- Evaluate and select suppliers based on organizational needs, performance criteria, and budget constraints.

- Negotiate contracts, service level agreements (SLAs), and pricing structures with suppliers.

- Develop and implement cost optimization strategies for SaaS and cloud services.

- Regularly review usage and expenditure to identify cost-saving opportunities.

- Lead negotiations for Cloud/SaaS/Subscription contracts and support strategic objectives cross-functionally.

- Ensure compliance with relevant laws, regulations, and industry standards related to technology procurement. Qualifications and Skills:

- Bachelor's degree in business, information technology, or related field.

- 8-10years of procurement experience, with a focus on technology procurement.

- Strong understanding of technology trends, software licensing models, and project lifecycles.

- Proven experience in managing technology suppliers and negotiating complex contracts.

- Knowledge of technology-related risks, cybersecurity threats, and compliance requirements.

- Proficiency in project management methodologies and tools. - Excellent communication, negotiation, analytical, and collaboration skills.

- Agility and adaptability in the dynamic technology landscape.