FourKites, Inc.
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FourKites

Procurement Lead

Posted 8 Hours Ago
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Hybrid
Chennai, Tamil Nadu
Senior level
Easy Apply
Hybrid
Chennai, Tamil Nadu
Senior level
The Procurement Lead at FourKites will develop and manage procurement strategies, vendor relationships, and compliance with procurement procedures. Responsibilities include negotiating contracts, tracking spending goals, collaborating with business teams, and improving procurement processes while ensuring alignment with financial objectives.
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At FourKites we have the opportunity to tackle complex challenges with real-world impacts. Whether it’s medical supplies from Cardinal Health or groceries for Walmart, the FourKites platform helps customers operate global supply chains that are efficient, agile and sustainable.

The Procurement Lead supports the organization by ensuring that pricing and procurement strategies are effective and meet the needs of the growing business. The role will be tasked with working with department leads to understand requirements and ensure they are fulfilled in a manner that allows for the best outcome, both operationally and financially. This role will ensure compliance with procurement systems and procedures, manage vendor relationships, negotiate contracts and pricing, and play a key role in FP&A and budget management.

This role will report to the VP of Finance and will be responsible for tracking FourKites' spending goals, ensuring accurate measurement, and communicating progress to stakeholders. Additionally, the role will involve consulting with business teams and developing a strategy to support the next phase of growth.

What you’ll be doing:

  • Maintaining an effective global procurement strategy by enhancing processes, technologies, and policies.
  • Maintaining strategic sourcing relationships and developing strong partnerships.
  • Analyzing historical spend and demand drivers to identify and communicate actionable improvements to the business leaders. 
  • Conducting market research, as well as creating cost estimates and forecasts.
  • Working closely with FP&A partners to align financial goals with procurement planning.
  • Analyzing and calculating costs while developing cost reduction strategies in alignment with business objectives.
  • Creates collaborative partnerships with business stakeholders to plan and execute procurement activities.
  • Manages and assists Business partners in the selection of vendors through request for proposal processes.
  • Negotiates with vendors to minimize spend; ensures that vendor contract rates are at or below market values.
  • Audit vendor spend against forecasts, procurement governance and policy, and business needs.
  • Structures SLAs for vendor agreements in concert with business stakeholders and procurement policy.
  • Ongoing management of the eProcurement platform (Zip), including supplier setup and maintenance and change management. 
  • Proactively seek innovative ways to improve the procurement processes, cycle times, and customer service levels.
  • Provide ongoing training support to users and stakeholders on procurement policy, and procedures.

About the team:

       A bunch of fun, hard-working, smart and empowering people. We are built with mutual respect, common and aligned goals, open communication, and patience that helps us thrive.

Who you are:

  • Bachelor’s degree in Business Administration, Finance, Engineering, Supply Chain, or a related field
  • Minimum of 5 years of related experience with purchasing within a technology or software company
  • Excellent communication, project management skills, and problem-solving skills. 
  • Established track record of developing and managing commercial relationships
  • Experience negotiating with new and existing suppliers 
  • Strong ability to collaborate across organizations to influence and drive change 
  • Knowledge of the strategic sourcing, procurement lifecycle, and procurement best practices, methods, and tools
  • Experience interacting with senior-level executives 

Who we are:

FourKites® is the #1 supply chain visibility platform in the world, extending visibility beyond transportation into yards, warehouses, stores and beyond. Tracking more than 2.5 million shipments daily across road, rail, ocean, air, parcel and courier, and reaching over 185 countries, FourKites combines real-time data and powerful machine learning to help companies digitize their end-to-end supply chains. More than 1,000 of the world’s most recognized brands — including 9 of the top-10 CPG and 18 of the top-20 food and beverage companies — trust FourKites to transform their business and create more agile, efficient and sustainable supply chains.  

FourKites provides competitive compensation with stock options, outstanding benefits and a collaborative culture for all employees around the globe. To help you be your best, we have 5 global recharge days, in addition to standard holidays, and a hybrid, flexible approach to work. Parental leave for all parents, an annual wellness stipend and volunteer days also provide you with time and resources for self care and to care for others. Throughout the year, FourKites sets aside time during the workday to learn and celebrate diversity. And we're always listening for new ways to support everyone in and out of the office. 

Benefits

  • Medical benefits start on first day of employment
  • 36 PTO days( Sick, Casual and Earned) , 5 recharge days, 2 volunteer days 
  • Home Office setups and Technology reimbursement
  • Lifestyle & Family benefits 
  • Annual Swags/ Festive Swags
  • Ongoing learning & development opportunities ( Professional development program, Toast Master club etc.)


Top Skills

Cost Estimation Tools
Eprocurement Platform
Market Research Tools

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