Procurement Operations Manager

About the role

Elastic is seeking a skilled Procurement Operations Manager to join our dynamic team in Bangalore, India. This role will focus on optimizing our procurement processes and enhancing operational efficiency across the organization. As a key player in our supply chain management, you will work closely with various departments to ensure that procurement strategies align with our business objectives. Your expertise will help us maintain strong vendor relationships while ensuring compliance with our procurement policies.

Key facts

What you'll do

• Lead the procurement operations team, overseeing day-to-day activities to ensure timely and cost-effective procurement of goods and services.
• Develop and implement procurement strategies that align with the company's overall goals, focusing on cost reduction and quality improvement.
• Collaborate with cross-functional teams, including finance, legal, and product development, to identify procurement needs and establish clear specifications.
• Manage vendor relationships, negotiating contracts and terms to secure favorable pricing and service levels.
• Monitor market trends and supplier performance, providing insights to inform procurement decisions and strategies.
• Ensure compliance with internal policies and external regulations, conducting audits and assessments as necessary.
• Analyze procurement data to identify opportunities for process improvements and cost savings, presenting findings to senior management.
• Train and mentor team members, fostering a culture of continuous improvement and professional development within the procurement team.
• Coordinate with logistics and supply chain teams to ensure timely delivery of products and services, addressing any issues that may arise.
• Prepare and maintain procurement documentation, including purchase orders, contracts, and vendor agreements, ensuring accuracy and completeness.
• Participate in cross-departmental projects, contributing procurement expertise to support company-wide initiatives.
• Develop and maintain key performance indicators (KPIs) to measure the effectiveness of procurement operations and drive accountability within the team.

Requirements

• Bachelor's degree in Business Administration, Supply Chain Management, or a related field; a Master's degree is a plus.
• A minimum of 5 years of experience in procurement or supply chain management, preferably in a technology or software environment.
• Strong negotiation skills with a proven track record of securing favorable terms and pricing from suppliers.
• Excellent analytical abilities, with experience in data analysis and reporting to drive decision-making.
• Familiarity with procurement software and tools, as well as Microsoft Office Suite, particularly Excel.
• Strong communication and interpersonal skills, with the ability to build relationships across various levels of the organization.
• Detail-oriented mindset with a commitment to accuracy and compliance in all procurement activities.
• Ability to work independently and manage multiple priorities in a fast-paced environment.

Nice to have

• Experience with e-procurement systems and tools, enhancing procurement efficiency.
• Knowledge of industry-specific procurement practices, particularly within the technology sector.
• Certification in procurement or supply chain management (e.g., CPSM, CIPS) is advantageous.
• Familiarity with sustainability practices in procurement, contributing to corporate social responsibility initiatives.

Skills & tools

• Proficient in procurement management software and ERP systems.
• Strong Excel skills for data analysis and reporting.
• Familiarity with contract management systems and vendor management tools.
• Excellent project management skills, with the ability to drive initiatives from conception to execution.

Practical notes

• This position is based in Bangalore, India, and may require occasional travel for vendor meetings or industry conferences.
• The selected candidate will be part of a collaborative team environment, with opportunities for professional growth and development.
• Elastic is committed to diversity and inclusion, encouraging applicants from all backgrounds to apply.

Join us at Elastic, where you will play a crucial role in shaping our procurement operations and contributing to our mission of delivering exceptional products and services to our customers. If you are a proactive and strategic thinker with a passion for procurement, we invite you to apply for the Procurement Operations Manager position today.