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NTT DATA

Senior Specialist - Cost Management

Reposted 24 Days Ago
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In-Office
Mumbai, Maharashtra
Senior level
In-Office
Mumbai, Maharashtra
Senior level
The role involves managing purchasing decisions, sourcing vendors, negotiating contracts, conducting cost analyses, and ensuring compliance with quality standards.
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Your day at NTT DATA
The Senior Procurement / Purchasing Analyst is an advanced subject matter expert, accountable for analyzing market outlooks and providing expertise in determining when and what to buy when contracting with vendors, ordering supplies, or making a big investment in a product or technology, etc.
This role develops and implements short-term to medium-term strategies to procure / purchase commodities across all categories.
Key responsibilities:
  • Serves as the liaison between the business and vendors.
  • Sources and screens vendors, negotiates contracts and presents deals to decision makers.
  • Reviews and processes requisitions to ensure timely order submission and negotiating costs, delivery schedules and contract terms.
  • Analyzes documented comparative costs submitted by suppliers in the RFP process.
  • Advises on pricing and performance standards through contractual agreements with suppliers.
  • Conducts supplier audits and assessments to ensure adherence to quality standards.
  • Inspects and tests samples of products and services of vendors and documenting features and benefits of each product, using this information to make the final purchasing decision.
  • Accountable for documenting the costs for all assigned vendors, as well as generating monthly cost reports to present to stakeholders.
  • Administers trends and market conditions and maintain efficient flow of information for all materials.
  • Advises on and prepares recommendations on the design of various cost savings programs and identify new suppliers.
  • Monitors order fulfilment against purchase orders to ensure on-time deliveries.
To thrive in this role, you need to have:
  • Expert at the cost-benefit analysis process.
  • Excellent negotiation skills with the ability to maintain effective working relationships with suppliers/vendors.
  • Broad expertise and knowledge of the relevant quality standards related to products and services.
  • Excellent organizational skills.
  • Ability to remain calm under stress and operate in a high-pressure environment.
  • Good communication skills, especially related to facilitation, documentation and reporting.
  • Excellent Microsoft Office skills (Excel/Word/PowerPoint).
Academic qualifications and certifications:
  • Bachelor's degree or equivalent in business, supply chain management, or a related field.
  • Professional certifications such as Certified Professional in Supply Management (CPSM) or Certified Purchasing Manager (CPM).
Required experience:
  • Advanced experience working in the field and related procurement / purchasing operational experience.
  • Advanced experience conducting cost-benefit analysis.
  • Advanced experience in using procurement modules for managing purchase orders, supplier information, and contract management.
  • Advanced experience in evaluating the vendors that work with a company based on the vendors price, quality, and availability.

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Workplace type:

Hybrid Working

About NTT DATA
NTT DATA is a $30+ billion business and technology services leader, serving 75% of the Fortune Global 100. We are committed to accelerating client success and positively impacting society through responsible innovation. We are one of the world’s leading AI and digital infrastructure providers, with unmatched capabilities in enterprise-scale AI, cloud, security, connectivity, data centers and application services.  Our consulting and industry solutions help organizations and society move confidently and sustainably into the digital future. As a Global Top Employer, we have experts in more than 50 countries. We also offer clients access to a robust ecosystem of innovation centers as well as established and start-up partners. NTT DATA is part of NTT Group, which invests over $3 billion each year in R&D.

Equal Opportunity Employer
NTT DATA is proud to be an Equal Opportunity Employer with a global culture that embraces diversity. We are committed to providing an environment free of unfair discrimination and harassment. We do not discriminate based on age, race, colour, gender, sexual orientation, religion, nationality, disability, pregnancy, marital status, veteran status, or any other protected category. Join our growing global team and accelerate your career with us. Apply today.

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Top Skills

Microsoft Office (Excel
Powerpoint)
Word

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