Senior Procurement Specialist

1 Day ago • 5 Years +

Job Summary

Job Description

The Senior Procurement Specialist will be responsible for developing and executing sourcing strategies, managing supplier relationships, and ensuring cost-effective procurement of goods and services. This role involves identifying sourcing opportunities, conducting market research, negotiating contracts, and analyzing data to optimize procurement processes. The specialist will collaborate with various teams to understand their needs, manage supplier selection, and drive continuous improvement. The role requires strong negotiation skills, data analysis abilities, and experience in contract management to ensure compliance and mitigate risks. Responsibilities include leading contract negotiations, drafting and reviewing agreements, and monitoring supplier performance.
Must have:
  • Advanced Excel Skills
  • Data Analytics
  • Services + HR Category Sourcing
Good to have:
  • 5+ years of Professional Services and HR negotiations
  • Category Management
  • Source to Pay process

Job Details

About Tekion:

Positively disrupting an industry that has not seen any innovation in over 50 years, Tekion has challenged the paradigm with the first and fastest cloud-native automotive platform that includes the revolutionary Automotive Retail Cloud (ARC) for retailers, Automotive Enterprise Cloud (AEC) for manufacturers and other large automotive enterprises and Automotive Partner Cloud (APC) for technology and industry partners. Tekion connects the entire spectrum of the automotive retail ecosystem through one seamless platform. The transformative platform uses cutting-edge technology, big data, machine learning, and AI to seamlessly bring together OEMs, retailers/dealers and consumers. With its highly configurable integration and greater customer engagement capabilities, Tekion is enabling the best automotive retail experiences ever. Tekion employs close to 3,000 people across North America, Asia and Europe.

Roles & Responsibilities

  • Develop and execute sourcing strategies aligned with organizational goals and objectives, focusing on cost reduction, risk mitigation, and supplier diversification.
  • Identify sourcing opportunities, conduct market research, and analyze supplier capabilities to inform strategic decision-making.
  • Collaborate with cross-functional teams to understand business requirements and develop sourcing plans to meet their needs.
  • Supplier Identification and Evaluation:
    Identify potential suppliers, evaluate their capabilities, and conduct supplier assessments to ensure alignment with quality, cost, and delivery requirements.
  • Manage supplier selection processes, including RFx (Request for Proposal/Quote/Information) preparation, supplier negotiations, and contract finalization.
    Contract Management and Negotiation:
  • Lead contract negotiations with suppliers to secure favorable terms, pricing, and service levels while minimizing risk exposure.
  • Draft, review, and finalize contracts and agreements, ensuring compliance with organizational policies and legal requirements.
  • Monitor contract performance and enforce contractual obligations, working closely with legal and compliance teams as needed.
  • Supplier Relationship Management:
    Cultivate and maintain strong relationships with key suppliers, fostering collaboration, transparency, and mutual value creation.
    Conduct regular supplier performance reviews, address any issues or concerns, and implement improvement plans as necessary.
  • Drive continuous improvement initiatives with suppliers to enhance quality, reduce lead times, and optimize total cost of ownership.
  • Data Analysis and Reporting:
    Utilize data analytics tools and techniques to analyze spend data, track supplier performance metrics, and identify opportunities for cost savings and process improvement.
  • Prepare regular reports and dashboards to communicate sourcing KPIs, performance trends, and actionable insights to stakeholders.

Qualifications & Educational Requirements

  • Advanced Excel Skills
  • Data Analytics
  • Services + HR Category Sourcing

Preferred Skills

  • 5+ years of Professional Services and HR negotiations
  • Category Management
  • Source to Pay process

Tekion is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, victim of violence or having a family member who is a victim of violence, the intersectionality of two or more protected categories, or other applicable legally protected characteristics. 

For more information on our privacy practices, please refer to our Applicant Privacy Notice here.

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About The Company

Bengaluru, Karnataka, India (On-Site)

United States (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

Bengaluru, Karnataka, India (On-Site)

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