The Role
Lead end-to-end procurement for IT products and services (hardware, software, cloud, SaaS, security, telecom). Develop sourcing strategies, run RFI/RFP/RFQ processes, negotiate commercial and contract terms, manage vendors and renewals, drive cost savings and TCO optimization, ensure compliance and governance, and partner with IT, Legal, Finance, and business stakeholders.
Summary Generated by Built In
Position Summary:
We are seeking an experienced and result-oriented IT Procurement Professional
with 8-12 years of proven expertise for strategic sourcing and procurement of IT
products and services. The ideal candidate will have strong expertise in procuring IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, and professional services. The role requires end-to-end ownership of procurement activities, supplier relationship management, commercial negotiations, contract management, and stakeholder engagement while ensuring cost optimization, regulatory compliance, and procurement governance.
Key Responsibilities:
Strategic Procurement & Sourcing:
End-to-end procurement of IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, data center infrastructure, and technology services.
Proven experience in procurement of IT infrastructure, software licensing,
cloud platforms (AWS, Azure, Google Cloud), SaaS applications, cybersecurity solutions, telecommunications, and managed services.
Develop and execute category sourcing strategies aligned with business
objectives and technology roadmaps.
Manage the complete sourcing lifecycle, including requirement gathering,
market assessment, RFI/RFP/RFQ preparation, supplier evaluation, commercial analysis, negotiations, and contract award.
Drive competitive bidding and supplier selection to achieve optimum
commercial and technical outcomes.
Commercial & Contract Management:
Negotiate pricing, commercial terms, payment terms, SLAs, licensing models,
support agreements, renewals, and long-term contracts.
Ensure timely execution of contracts in collaboration with Legal, Finance,
Information Security, and business stakeholders.
Manage contract renewals, amendments, vendor obligations, and commercial
risk throughout the contract lifecycle.
Deliver measurable cost savings while optimizing Total Cost of Ownership
(TCO).
Vendor & Stakeholder Management:
Build and maintain strategic relationships with OEMs, distributors, system
integrators, cloud providers, and technology partners.
Conduct supplier performance reviews, governance meetings, and business
reviews to improve service quality and vendor performance.
Collaborate with IT, Information Security, Finance, Legal, Risk, and business
teams to understand procurement requirements and deliver timely sourcing
support.
Act as a trusted procurement advisor to business stakeholders on sourcing
strategies and commercial decisions.
Required Skills & Competencies:
Strategic Sourcing & Category Management
IT Hardware, Software, SaaS & Cloud Procurement
Cybersecurity & Telecom Procurement
Commercial Negotiation & Contract Management
Vendor Relationship & Performance Management
Procurement Governance & Compliance
Cost Optimization & Total Cost of Ownership (TCO)
Procurement Analytics & Spend Management
Risk Assessment & Business Continuity
Stakeholder Management & Cross-functional Collaboration
ERP/eProcurement Platforms (SAP, Oracle, Ariba, Coupa, Ivalua, etc.)
Excellent negotiation, analytical, communication, and presentation skills.
Exposure to European procurement and regulatory requirements will be
preferred.
Skills Required
- 10-12 years of experience in strategic sourcing and procurement of IT products and services
- End-to-end procurement experience for IT hardware, software, cloud services, SaaS applications, cybersecurity solutions, telecommunications, and data center infrastructure
- Experience with cloud platforms: AWS, Azure, Google Cloud
- Experience with ERP/eProcurement platforms (SAP, Oracle, Ariba, Coupa, Ivalua)
- Strategic sourcing and category management expertise
- Commercial negotiation and contract management (pricing, SLAs, licensing, renewals)
- Vendor relationship, performance management, and supplier governance experience
- Procurement governance, compliance, risk assessment, and business continuity experience
- Procurement analytics, spend management, and cost optimization/TCO delivery
- Stakeholder management and cross-functional collaboration (IT, InfoSec, Finance, Legal)
- Excellent negotiation, analytical, communication, and presentation skills
- Exposure to European procurement and regulatory requirements
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The Company
What We Do
Paytm started the Digital Revolution in India. And we went on to become India’s leading Payments App. Today, more than 20 Million merchants & businesses are powered by Paytm to Accept Payments digitally. This is because more than 300 million Indians use Paytm to Pay at their stores. And that’s not all, Paytm App is used to Pay bills, do Recharges, Send money to friends & family, Book movies & travel tickets. With innovations to Financial services & products in pipeline, this is but one of the milestones achieved towards our mission – to bring 500 million unserved and underserved Indians to the mainstream economy.
