Procurement Manager

As our first Procurement hire at DevRev, you will play a key role in shaping our vendor relationships and partnerships and driving cost, terms, renewal and compliance discipline globally. This spans 100s of our IT/SaaS stack and a wide variety of other product, services, real estate, and other vendor relationships. You’ll be expected to have a strong sense of fair/attractive pricing, compliance and contract terms, negotiating on DevRev’s behalf. This will have a significant impact on DevRev’s bottom line.

Job Responsibilities 

• Lead the development and implementation of strategic procurement strategies to optimize spending and supplier relationships.
• Manage the full procurement lifecycle for software, product and services, ensuring alignment with company needs and budget constraints.
• Negotiate contracts with suppliers and vendors to secure advantageous terms and cost savings while maintaining quality and service standards.
• Conduct market research and analysis to identify trends and opportunities for cost reduction and process improvement in procurement.
• Collaborate with IT, finance, and legal departments to ensure compliance with policies and regulations during the procurement process.
• Develop and maintain strong relationships with key IT vendors and suppliers, and conduct/facilitate technical evaluations - managing performance and conducting regular reviews to ensure contractual obligations are met.
• Implement and manage procurement systems, tools and policies to enhance efficiency, data accuracy, and decision-making.
• Prepare and manage the procurement budget, providing regular reports and forecasts to senior management - working closely with Finance.
• Stay abreast of technological advancements and shifts in the IT/vendor market to adapt procurement strategies accordingly.

Required Skills

• Preferably 7-10 years of experience in a Procurement role for a leading global software company
• Familiarity across a variety of vendors, especially US service providers and leading SaaS vendors
• Drive Vendor screening / evaluations and work cross functionally to ensure they meet our needs, including technical and compliance requirements
• Drive Vendor negotiations with a strong understanding of pricing/pricing models and creating discount leverage
• Orchestrate Vendor approval workflows and procurement policies
• Coordinate technical evaluations, keeping in mind a next gen, modern IT stack
• Working with legal for contracting - NDAs, MSAs, key terms
• Provide read outs for budgeting and reporting of total vendor spend
• Orchestrate Vendor onboarding and tracking licenses/usage working cross functionally
• Drive Vendor renewal management
• An important success factor will be how much they can help control spend, understand technical requirements and help us meet compliance standards