Procurement Specialist

Are you a highly motivated and detail-oriented individual with a passion for procurement? Do you thrive in a fast-paced and dynamic work environment? If so, IBM is seeking a Procurement Specialist to join our team. This is an exciting opportunity to be a part of a global company that is at the forefront of technological innovation. As a Procurement Specialist at IBM, you will play a crucial role in managing our supply chain and ensuring the best value for our organization. We are looking for someone with strong negotiation skills, excellent communication abilities, and a strategic mindset to join our team. If you are ready to take on new challenges and contribute to the success of a leading company, we want to hear from you.

1. Manage and optimize the procurement process for IBM, ensuring timely and cost-effective sourcing of goods and services.
2. Conduct market research to identify potential suppliers, negotiate contracts, and establish relationships with key vendors.
3. Collaborate with internal stakeholders to understand business needs and develop procurement strategies that align with company goals.
4. Monitor and analyze supply chain performance, identifying areas for improvement and implementing solutions to enhance efficiency and reduce costs.
5. Utilize data and analytics to forecast demand and make informed decisions about inventory levels.
6. Communicate with suppliers to resolve issues and ensure timely delivery of goods and services.
7. Stay up-to-date with industry trends and developments to identify potential risks and opportunities for cost savings.
8. Maintain accurate records of procurement activities and contracts.
9. Train and educate colleagues on procurement policies and procedures.
10. Provide recommendations to management on cost-saving initiatives and process improvements.
11. Collaborate with cross-functional teams to support new product development and launch.
12. Adhere to compliance and ethical standards in all procurement activities.
13. Continuously evaluate and improve procurement processes to streamline operations and increase efficiency.
14. Represent IBM in a professional manner when interacting with suppliers and other external partners.
15. Take on additional responsibilities and projects as needed to support the overall success of the procurement function.

According to JobzMall, the average salary range for a Procurement Specialist in Bengaluru, Karnataka, India is between ₹300,000 - ₹1,500,000 per year. This can vary depending on factors such as experience, industry, and employer.

International Business Machines Corporation is an American multinational information technology company headquartered in Armonk, New York, with operations in over 170 countries.