Procurement Associate

World Bank

Chennai, India

Experience: 0 to 3 Years

Skill Required: Procurement

The primary responsibilities include being a valued business partner to clients, understanding business needs, developing annual procurement plans, conducting internal (e.g., data-driven; category spend, client strategies, stakeholder analysis, and SWOT), and external analysis (e.g., market research & forecast, market share & trends, benchmarks, cost drivers), advising clients on market trends, and influencing change with the intent to maximize value for money while managing risks and maximizing impact on sustainability. The position for the category team requires knowledge of various categories, including but not limited to HRPS (Human Resources and Professional Services), TECH (Technology) and CSRE (Corporate Services and Real Estate). 

Responsibilities:

  • Conducts procurement, sourcing, and category management activities required by the World Bank Group globally. 
  • Understands client’s needs, collaborates with clients in developing procurement plans; carries out market research to identify sources of supply, trend analysis and benchmarks.
  • Develops vendor pre-qualifying and evaluation criteria, generates solicitations, manages bidding process, reviews technical specifications for completeness and competitive qualities; prepares contracts; and engages vendors in process discussions. 
  • Negotiates contract terms and conditions for the assigned categories. 
  • Category management of designated categories. 
  • Monitors vendor commercial performance. 
  • Liaises with clients in preparation and delivery of presentations to Procurement Committees. 
  • Undertakes activities to ensure compliance with World Bank Groups’ policy.  
  • Provides guidance and direction to Project Managers on commercial contract management issues. 
  • Designs innovative solutions for medium to complex solicitations for large dollar and through a service risk-based approach. 
  • Possesses an expert level understanding of commerciality and ability to demonstrate achieving value for money through strategic planning, solicitation, and negotiations.  
  • Maximizes positive impact on sustainability (diversity, environment, social responsibility) through the sourcing process and category management. 
  • Possesses a good understanding of risk management, analyses risks, and works with business partners to mitigate risks through sourcing and managing risks during category management.

Requirements:

  • Bachelor’s degree or equivalent combination of education and experience. 
  • Minimum three years of relevant experience.
  • Knowledge of international procurement practices and public/private sector procedures, with required in-depth experience in corporate-level service procurement at an international organization or multinational company.
  • Extensive experience in developing category strategies incorporating industry benchmark, understanding of sources of supply, market trends, pricing, etc.
  • Strong negotiating skills, including the ability to negotiate complex contract terms and conditions (e.g., international regulations, technology issues, data privacy, indemnification, intellectual property, cultural issues, assignment, contract termination).
  •  Knowledge of sustainable procurement trends and practices, including supplier diversity & inclusion activities. 
  • Strong interpersonal and analytical capabilities and logical problem-solving skills, and ability to structure data and assign resources effectively, monitor implementation and deliver results in line with project goals. 
  • Project Management skills with extensive experience in managing multiple related projects to ensure the overall program is aligned and directly supports the achievement of strategic objectives.

Source: https://worldbankgroup.csod.com/ux/ats/careersite/1/home/requisition/33904?c=worldbankgroup