Chennai, Tamil Nadu, India
1 day ago
OPRC30 - Sr. Procurement Specialist

Title:

OPRC30 - Sr. Procurement Specialist

As a Senior Procurement Specialist, you will play a key role in managing and optimizing procurement strategies, supplier relationships, and contract negotiations. You will oversee complex purchasing activities for goods, services, and supplies while identifying opportunities for cost savings, volume discounts, and long-term contracts. Collaborating with internal teams—such as operations, maintenance, warehouse, and engineering—you will help ensure efficient and timely movement of supplies to meet mission-critical needs. You will also act as a resource for junior team members, guiding them and sharing best practices. This role offers a hybrid work model, balancing in-office and remote work.

This will be a hybrid role split between 2 days in the office and 2-3 days working remote.

**This position will be in the Chennai, India area. Relocation is not provided. 

Roles and Responsibilities:

Lead negotiations for favorable terms, volume discounts, and multi-year contracts with suppliers for essential goods and services.Oversee the timely procurement of goods aligned with both internal and customer-driven business requirements.Resolve supplier-related issues such as defects and delivery delays, including negotiation of refunds and replacement orders.Partner with internal stakeholders to manage the scheduling, movement, and receipt of goods and supplies to ensure operational continuity.Conduct supplier performance reviews, enforce contract compliance, and implement corrective actions as needed.Maintain accurate, detailed records of procurement activities, including contracts, orders, and communications.Analyze market trends and recommend strategies to enhance procurement processes and optimize spend.Prepare and present procurement reports and data analysis to support strategic decision-making.Contribute to procurement forecasting and planning to support budgetary and operational goals.Ensure compliance with procurement policies, industry standards, and regulatory requirements.

Basic Qualifications:

Bachelor’s degree in Business, Supply Chain Management, or a related field.5+ years of experience in procurement or supply chain management, with demonstrated expertise in supplier negotiations and contract management.Advanced proficiency in Microsoft Office applications (Word, Excel, PowerPoint).Strong knowledge of procurement policies, industry standards, and best practices.

Preferred Qualifications:

·       Experience with Deltek (CostPoint) or similar procurement software.

·       Experience working with Federal Government contracts or subcontract processes.

·       Knowledge of commercial or defense procurement processes.

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