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The Nielsen Company is hiring a

Procurement Professional I

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Bangalore, India
Posted 2 hours ago
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Job Description

Job Description
  • Strategically source a portfolio of products and services, with an emphasis on contingent labor, using tools, processes, and strategies to drive business results.

  • Partner closely with internal cross-functional teams and stakeholders to deliver a consistent customer experience and lead cost-saving initiatives.

  • Direct internal and external processes to ensure an integrated sourcing system that meets customer requirements, minimizes total cost of ownership, and maximizes effectiveness.

  • Develop and manage relationships with suppliers, including staffing agencies and consulting firms, to secure competitive pricing, monitor performance, and conduct quarterly business reviews. This ensures an optimal balance between value for money, cost savings, and quality.

  • Conduct spend analysis and rate benchmarking for suppliers within specific categories, focusing on contingent labor to identify cost optimization opportunities and market trends.

  • Support RFP processes, specifically for staffing suppliers, including evaluation, scoring, and contract negotiation.

  • Maintain the vendor management system (VMS) or procurement platform for contingent labor requisitions, approvals, and reporting.

  • Track and report key performance indicators (KPIs) such as fill rates, time-to-fill, cost per hire, and supplier quality metrics.

  • Collaborate with Legal and HR teams to ensure compliance with worker classification rules, contract terms, and onboarding requirements.

  • Analyze contingent workforce data to support strategic workforce planning and budget forecasting.

  • Collaborate with Legal and HR teams to ensure compliance with worker classification rules, contract terms, and onboarding requirements

  • Analyze contingent workforce data to support strategic workforce planning and budget forecasting

Qualifications
  • 3-5 years procurement or category management experience, preferably in services procurement or contingent labor

  • Strong analytical skills with proficiency in Excel, data analysis, and spend analytics tools

  • Experience with vendor management systems (VMS) or procurement platforms preferred

  • Excellent relationship management and communication skills for working with internal stakeholders and external suppliers

  • Knowledge of employment law basics including contractor vs. employee classification

  • Previous experience with staffing industry suppliers and market dynamics

  • Familiarity with HR processes including onboarding, performance management, and workforce planning

  • Project management experience, particularly with cross-functional initiatives

  • Experience with contract negotiation and supplier performance management

Additional Information
  • Bachelor’s Degree in Business, Supply Chain, Finance or a related field is required.

  • CPM or CPSM certification is preferred.

  • 3 years + of progressively responsible experience in strategic sourcing and vendor management. 

Please be aware that job-seekers may be at risk of targeting by scammers seeking personal data or money. Nielsen recruiters will only contact you through official job boards, LinkedIn, or email with a nielsen.com domain. Be cautious of any outreach claiming to be from Nielsen via other messaging platforms or personal email addresses. Always verify that email communications come from an @nielsen.com address. If you're unsure about the authenticity of a job offer or communication, please contact Nielsen directly through our official website or verified social media channels.

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Salary Information

Salary: $90,000 - $110,000

🤖 This salary estimate is calculated by AI based on the job title, location, company, and market data. Use this as a guide for salary expectations or negotiations. The actual salary may vary based on your experience, qualifications, and company policies.

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