Procurement Manager

Company: Fractal

Location: Bengaluru, India

Job Type: Full-Time

Industry: IT / AI / Analytics

About the Role

Fractal is seeking an experienced Procurement Manager to manage end-to-end sourcing and procurement operations across India and global locations. The role involves supplier onboarding, strategic sourcing, procurement operations, contract management, vendor governance, audit compliance, and stakeholder management while ensuring adherence to procurement policies and best practices.

The successful candidate will work closely with cross-functional teams including IT, Administration, HR, Marketing, Finance, and Legal to deliver efficient procurement solutions, optimize supplier performance, and support Fractal's sustainability and supplier diversity initiatives.

Key Responsibilities

Strategic Sourcing & Procurement

• Manage end-to-end sourcing and procurement activities across multiple business functions.
• Develop and execute sourcing strategies for assigned procurement categories.
• Prepare and manage Requests for Quotation (RFQs) and Requests for Proposal (RFPs).
• Evaluate supplier proposals and prepare supplier selection reports.
• Ensure supplier selection complies with procurement policies and governance standards.
• Release Purchase Orders (POs) accurately and within defined timelines.
• Manage Purchase Requisitions (PRs) and Purchase Orders (POs) throughout the procurement lifecycle.

Supplier Management

• Manage supplier onboarding through Microsoft Dynamics 365 (D365) ERP.
• Verify supplier documentation and maintain accurate procurement records.
• Guide suppliers through the onboarding process and vendor portal usage.
• Build strong supplier relationships to ensure quality, delivery, and service excellence.
• Drive supplier diversity initiatives and sustainable procurement practices.
• Coordinate supplier deliveries across India and international locations.

Contract Management & Compliance

• Draft, review, and negotiate commercial contract terms and conditions.
• Maintain contract lifecycle records using Contract Lifecycle Management (CLM) platforms.
• Track contract renewals and ensure timely execution.
• Maintain procurement documentation for internal and external audits.
• Ensure compliance with procurement policies, governance standards, and organizational procedures.

Procurement Operations

• Manage day-to-day procurement operations and sourcing activities.
• Conduct reverse auction events using approved procurement platforms.
• Prepare procurement dashboards, reports, and spend analysis.
• Monitor procurement performance and identify opportunities for process improvement.
• Develop and implement procurement Standard Operating Procedures (SOPs).

Stakeholder Management

• Collaborate with IT, Administration, HR, Finance, Marketing, Legal, and other business functions.
• Support internal stakeholders by providing timely procurement solutions.
• Partner with suppliers to resolve operational issues and improve service levels.
• Drive effective communication across internal and external stakeholders.

Sustainability & Continuous Improvement

• Promote sustainable procurement initiatives supporting carbon neutrality objectives.
• Drive supplier diversity and responsible sourcing programs.
• Identify opportunities to improve procurement efficiency through automation and digital tools.
• Support continuous improvement initiatives across sourcing and procurement processes.

Required Skills & Experience

• Strong experience in Indirect Procurement within IT, ITES, or large multinational organizations.
• Experience managing procurement categories including IT, Administration, Professional Services, Manpower Services, and Corporate Services.
• Expertise in strategic sourcing, supplier onboarding, vendor management, and procurement operations.
• Experience preparing and managing RFQs, RFPs, supplier evaluations, and commercial negotiations.
• Strong knowledge of procurement policies, governance, and audit compliance.
• Experience handling contract negotiations and Contract Lifecycle Management (CLM).
• Proficiency in Microsoft Dynamics 365 (D365) ERP and procurement management tools.
• Strong analytical skills with experience in procurement reporting and spend analysis.
• Excellent stakeholder management, negotiation, communication, and presentation skills.
• Experience working with cross-functional teams across IT, HR, Finance, Marketing, Legal, and Administration.

Educational Qualifications

• Bachelor's Degree in any discipline.
• Engineering Degree or MBA will be an added advantage.

Preferred Certifications

• Professional certifications such as CPP, CIPS, or CPSM are desirable.

Key Competencies

• Strategic Sourcing
• Indirect Procurement
• Supplier Onboarding
• Vendor Management
• RFQ & RFP Management
• Contract Negotiation
• Contract Lifecycle Management (CLM)
• Purchase Requisition (PR)
• Purchase Order (PO)
• Microsoft Dynamics 365 (D365)
• Procurement Analytics
• Spend Analysis
• Supplier Diversity
• Sustainable Procurement
• Audit Compliance
• ERP Systems
• Stakeholder Management
• Commercial Negotiation
• Procurement Operations

Hiring Related Queries

India: [email protected]

Outside India: [email protected]

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About Fractal

Fractal is a leading AI and analytics company that helps global organizations make better decisions through advanced analytics, artificial intelligence, and digital transformation. With a strong focus on innovation, technology, and sustainable growth, Fractal partners with leading enterprises worldwide to solve complex business challenges and deliver measurable impact.