Opening for Commodity Manager | MNC

We are seeking a motivated and detail-oriented Commodity Manager with 2-4 years of experience to join our dynamic team in Gurgaon. This role is ideal for an individual with a Master of Computer Applications (MCA) degree who possesses a strong understanding of procurement processes, market analysis, and strategic sourcing within the IT services sector. As a Commodity Manager, you will play a crucial role in managing the acquisition of goods and services essential to our operations, ensuring cost-effectiveness, quality, and timely delivery. You will contribute to optimizing our supply chain and driving value for the organization.

Key Responsibilities:

• Conduct market research and analysis to identify potential suppliers and understand commodity trends.
• Develop and implement sourcing strategies for various IT commodities and services, aligning with business needs and budget constraints.
• Negotiate contracts, pricing, and terms with vendors to achieve cost savings and favorable agreements.
• Manage vendor relationships, ensuring performance, compliance, and continuous improvement.
• Monitor inventory levels and forecast demand to ensure adequate supply of critical components.
• Collaborate with internal stakeholders (e.g., IT, Finance, Legal) to understand their requirements and ensure procurement aligns with organizational goals.
• Prepare reports on procurement activities, cost savings, and supplier performance.
• Ensure compliance with company policies and relevant regulations.