Procurement Operations - Associate

Cognizant

0 - 3 years

Chennai

Posted: 29/11/2024

Job Description

Job Title - Coordinator Procurement services

Job Location : Bangalore - Hybrid

Job Overview:

Procurement Operations involves managing the process related to vendor onboarding, which includes end to end contract execution process. The team member needs to interact with internal and external stake holders to performs the risk assessment and to adhere with organizational policy.

Roles and Responsibilities

· In depth knowledge about SAP Ariba tool and contract lifecycle management which includes creation of contract workspace, contract review alongside internal stake holders.

· Collaborate with internal stakeholders (legal/finance/IT/Risk and Insurance /Sourcing procurement) to gather necessary information and approval for contract execution and onboarding.

· Communicate with external stakeholders (third party) to collect mandatory information / documents to facilitate contract execution and onboarding.

· Ensure vendor onboarding process complies to organisational policies, regulatory requirements, and industry standards.

· Maintain accurate information of the data related to vendors onboarded and contracts executed.

· Tracking SLA in the report to make sure the Turn Around Time is met as per agreed.

· Identify and implement process improvements to enhance efficiency and effectiveness of vendor onboarding process.

· Provide idea to develop and implement process for efficient vendor onboarding.

· Well versed with different tools (SAP Ariba as preference)

· Knowledge on generic contract clauses to coordinate with corporate function.

· Experience on handling P2P process (Purchase Order, accounts payable).

· Effective communication on drafting email, negotiating with stakeholder / vendors.

· Good hold on English proficiency.

About Company

Cognizant is a global leader in technology and consulting services, helping businesses transform their operations through digital solutions. Specializing in IT services, including software development, business process outsourcing, and consulting, Cognizant supports clients across industries such as healthcare, financial services, manufacturing, and retail. With a focus on innovation, Cognizant assists organizations in modernizing their technology, improving operational efficiency, and enhancing customer experiences. Headquartered in the U.S., it is consistently ranked among the most admired companies in the world and is a member of the NASDAQ-100.

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