Procurement Manager

Posted 2 Days Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
In-Office
Senior level
Artificial Intelligence • Consulting
The Role
Manage end-to-end procurement operations including global vendor sourcing and onboarding, RFQ/RFP drafting, supplier selection, PO management, contract lifecycle management, audits, reporting, reverse auctions, and driving sustainable procurement and supplier diversity objectives.
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Job Description

Procurement Manager
Location; Bengaluru, India
Job Description:

Our global procurement team is hiring procurement professional who has prior extensive experience of handling sourcing and procurement operation across Pan India & Overseas. He / She can manage & source global vendor per the procurement policy & guidelines. Extensively work with vendors/suppliers for onboarding as per Fractal’s supplier onboarding protocol, supplier selection by following the right procurement policies & procedures, review & negotiate the contract commercial clauses, record keeping of suppliers, handling audits, contract management and other day to day procurement activities. If you are an exceptional procurement enthusiast and loves to push the boundaries to solve complex sourcing & procurement problems using innovative solutions, then we would like to talk with you.

Role Details
Section 1 (Roles and Responsibilities)

·        Accountable for supplier onboarding on ERP (Microsoft D365) with precise document verification and record keeping & tagging.

·        Solicit help & support to all vendors in onboarding supplier successfully as well as train vendor on vendor portal usage.

·        Manage purchase requests and apply sourcing strategies to source quality vendors.

·        Draft RFQ or RFP documents to source quotes/proposals for open PRs from all assigned departments as per the alignment from the senior procurement manager.

·      Supplier Selection by following the right procurement policies & procedures

·      Prepare Selection Reports and get necessary approvals before proceeding for PO

·      Open PR/PO management. Release PO in time with accuracy.

·        Communicate/Collaborate with suppliers for deliveries to various centers across India and Away.

·        Upkeep procurement records for any audits as per the policy guidelines.

·        Record all procurement contracts and its lifecycle in contract management system and intimate team on upcoming renewals.

·        Prepare procurement reports and dashboard as per the organization needs.

·         Drive sustainable procurement practice to mitigate carbon emission and contribute to Fractal’s carbon neutrality program.

·       Drive Supplier Diversity Goals.

·        Handle reverse auction events on reverse auction tools as and when required.

·        Manage procurement operation day to day activities

Section 2 (Mandatory technical skills)

Must Have:

·       Comprehensive knowledge on indirect procurement with an IT/ITES or large organization on global front.

·       Experience in categories like Administration, IT, Manpower Services, Professional Services.

·       Experience working with stakeholders from IT, Admin, HR, Marketing, Finance & Legal, etc.

·       Experience facing internal and external audits.

·       Experience in handling RFPs with commercial & technical weightage.

·       In depth Hands-on Experience with sourcing & procurement tools

·       Able to draft & execute SOP’s for procurement services.

·       Ability to draft & review commercial contract clauses.

·       Expert-level proficiency in Ms-office packages i.e. MS Excel, MS Word, Power point, Power BI, etc.

·       Strong understanding and experience on ERP(Microsoft D365) and management tools & application.

·       Good Experience in contract Lifecycle Management using contract management platforms.

Good to Have:

·       Spend Analysis & Reporting,

Section 3 (Mandatory non-technical skills)
Presentation Skills, Reporting Skills, Negotiation Skills, Project Management, Commercial Acumen.
Section 4 (Education Qualification and Certifications required, If any)

·       Any Graduate. Engineering degree/MBA is preferred.

·       Certification in procurement like CPP/CIPS/CPSM is desirable.

If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us!

Hiring Related Queries

India: [email protected]

Outside India: [email protected]

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Skills Required

  • Extensive experience handling sourcing and procurement operations across India and overseas
  • Comprehensive knowledge of indirect procurement in IT/ITES or large organizations
  • Experience in categories like Administration, IT, Manpower Services, Professional Services
  • Experience working with stakeholders from IT, Admin, HR, Marketing, Finance and Legal
  • Experience facing internal and external audits
  • Experience handling RFPs with commercial and technical weightage
  • Hands-on experience with sourcing and procurement tools
  • Ability to draft and execute SOPs for procurement services
  • Ability to draft and review commercial contract clauses
  • Expert-level proficiency in MS Office (Excel, Word, PowerPoint, Power BI)
  • Strong understanding and experience with ERP (Microsoft D365) and management tools
  • Experience with contract lifecycle management platforms
  • Presentation, reporting, negotiation, project management and commercial acumen
  • Graduate degree (Engineering/MBA preferred)
  • Procurement certifications like CPP, CIPS, CPSM
  • Spend analysis and reporting

Fractal Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Fractal and has not been reviewed or approved by Fractal.

  • Healthcare Strength Health coverage includes medical, dental, and vision along with tax‑advantaged accounts and EAP in the U.S., indicating a broad core package. Feedback suggests core protections exist across regions, though specifics can vary by location.
  • Leave & Time Off Breadth Time‑off programs include generous PTO, paid holidays and sick time, paid volunteer time, and sabbaticals in some areas. Some accounts also describe manager‑approved or flexible PTO approaches alongside hybrid/WFH latitude.
  • Flexible Benefits Work arrangements commonly include remote/hybrid options and flexible schedules. Flexibility is frequently highlighted as part of the overall value proposition.

Fractal Insights

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The Company
Bellevue, WA
5,262 Employees

What We Do

Fractal is one of the most prominent players in the Artificial Intelligence space. Fractal's mission is to power every human decision in the enterprise and brings AI, engineering, and design to help the world's most admired Fortune 500® companies. Fractal's products include Qure.ai to assist radiologists in making better diagnostic decisions, Crux Intelligence to assists CEOs, and senior executives make better tactical and strategic decisions, Theremin.ai to improve investment decisions, and Eugenie.ai to find anomalies in high-velocity data & Samya.ai to drive next-generation Enterprise Revenue Growth Management. Fractal has more than 3,000 employees across 16 global locations, including the United States, UK, Ukraine, India, Singapore, and Australia. Fractal has consistently been rated as India's best companies to work for, by The Great Place to Work® Institute, featured as a leader in Customer Analytics Service Providers Wave™ 2021, Computer Vision Consultancies Wave™ 2020 & Specialized Insights Service Providers Wave™ 2020 by Forrester Research, and recognized as an "Honorable Vendor" in 2021 Magic Quadrant™ for data & analytics by Gartner.

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