Procurement Manager
Hyderābād (Hyderābād) Sales
Job description
TJX Companies
At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. You’ll be part of our vibrant team that embraces diversity, fosters collaboration, and prioritizes your development. Whether you’re working in our four global Home Offices, Distribution Centers or Retail Stores—TJ Maxx, Marshalls, Homegoods, Homesense, Sierra, Winners, and TK Maxx, you’ll find abundant opportunities to learn, thrive, and make an impact. Come join our TJX family—a Fortune 100 company and the world’s leading off-price retailer.
Job Description:
What you'll discover
- Inclusive culture and career growth opportunities
- Global Organization that collaborates across the U.S., Canada, Europe, Australia and India
- Challenging, collaborative, and team-based environment
What you'll do
The TJX Non-Merchandising Purchasing Organization is a trusted partner to our myriad of business functions. The India Procurement Manager leads the governance and improvement of Global non-merchandise procurement compliance standards for the U.S., Canada, Europe, and Australia) to ensure business continuity, protect company assets, and comply with corporate policy (Approval Authority Schedule) and regulatory policies (Sarbanes Oxley). The Procurement Manager role oversees and supports all work assigned to the Procurement Specialists, including procurement, purchasing, invoicing, payment, business and supplier support for all Global Non-merchandise spend.
As a procurement manager, you'll be a trusted business partner working with TJX Non-merchandising business functions on all purchasing processes. Through your expertise, you will partner with the business to ensure products and services are purchased at negotiated, contracted prices from approved vendors, products and services are covered by contract and/or by TJX Terms & Conditions, ensure that there are commitment approvals before goods and services are provided and that all purchasing is in line with TJX Purchasing Policies.
We seek self-motivated colleagues who can demonstrate their talent and experience to identify, triage, and support the smooth operation of Purchasing processes, compliance and support. You'll work with our finest business partners to correlate ongoing efforts with key business outcomes.
The Procurement Manager role is responsible for supporting all activity regarding all Global Non-merchandise purchasing for all indirect spend. They are held accountable for all business and supplier support for purchasing and invoicing, including supplier set-up.
Major Duties/Responsibilities
- Provides leadership in executing purchasing, invoicing, and payment (P2P) processes of $12B in non-merchandise goods and services to TJX Companies globally.
- Maintains and provides a current understanding of industry purchasing-to-pay (P2P) best practices and technology trends to team members and business partners.
- Ensures P2P best practices are implemented and adhered to.
- Business Partners with multiple areas of the business to review global P2P processes. This includes providing clear procurement objectives and training, influencing, partnering, and providing strategy to business managers to design and drive adoption of best practice/compliant procurement processes for all non-merchandise spend.
- Partnering/leading regional/global procurement projects to drive compliance and other applicable processes.
- Reports on performance indicators specific to regional goals and objectives.
- Direct management of 6 - 12 FTE India Procurement team members. Coordinates, supervises and assigns workload; monitors, trains, and provides feedback; manages the development of the team; and ensures SLAs are met regarding performance for support of Procurement activities, including, but not limited to, purchase orders, invoicing, item and inventory creation and maintenance, build and implementation of procurement catalogues, running reports, onboarding and support vendors to supplier portal, support of purchasing queries, additional support/training as needed, and UAT (User Acceptance Testing) testing for Procurement and Inventory modules in support of upgrades, enhancements and system updates. Develops the team for future growth within the department and organization. Coaches staff on performance and professional development issues. Conducts performance appraisals and interviews and provides discipline/documentation as needed.
- Work with regional managers (EU/US/CA) to maximize the scale of procurement team resources.
- Partners with the Procurement Managers to lead/ oversee the Procurement Community of Practice, up to 150 associates, within the region, which includes:
- Leading regular meetings to build the community
- training of policy, procedures, systems and compliance standards.
- Provisioning of all the buyers' responsibilities within the ERP system.
- Monitoring the performance of compliance standards.
- SME for escalation of procurement issues.
- Collaborates with IT to design, customize and configure ERP system / Procure to Pay system to ensure the ERP system is in line and up to date with business requirements and purchasing compliance.
- Responsible for overseeing the purchasing of all the New Stores, Relocations and Remodels in the US. This includes the timely Procurement of goods and communication with suppliers supporting these stores.
- Performs audits for contracted vendors under Internal Audits guidance, ensuring the business carries out contracted rates and terms. Communicates and posts any findings and provides the findings are addressed and resolved.
- Performs other duties as assigned.
- Recruitment of dismissal of Associates
- Participate in Supplier and System Provider selection.
- PO and invoice approval authority up to $50K globally.
- Procurement compliance for between $12B of non-merchandise spend. This includes being responsible for driving efficiencies through functional resources, up to +500 associates, and executing procurement policy and practices.
- Responsible for payment terms accuracy on non-merchandise spend $12B.
- Hour of support include 6:30 PM to 3:30 AM IST and 2:30 PM to 11:30 PM IST
Span of Control
- Management of 6 – 12 direct reports, possibly more in the future.
- Indirectly managed through others, the Procurement Community of Practice comprises 40 - 150 regional associates executing procurement policy and processes.
What you'll need
We seek self-motivated colleagues who can demonstrate their talent and experience to identify, triage, and support the smooth operation of Procurement activity and initiatives. You'll work with our finest thought leaders to correlate ongoing efforts with key business outcomes.
- Complete understanding of Procure to Pay processes and ERP system
- A strong combination of interpersonal, management, technical and organizational awareness skills.
- Ability to build trusted relationships and influence senior leaders and individual contributors.
- Ability to lead, coach, train and monitor direct reports.
- Change management experience is essential
- Continuous improvement/growth mindset is essential
- Analytical ability
- Proven leadership and problem-solving skills
- Drives for results. Wants to drive efficiencies and is target-orientated
- Proactive communication
- Design processes
- Test systems
Minimum Qualifications
- 6 years of business experience, including 3 years of Procurement, payables, and compliance experience.
- 2 – 3 years of People management experience.
- Experience in business partnering with senior leaders.
- Proven experience in successfully implementing change and large process change projects.
- Procurement module system implementations.
- Working in an international company.
Preferred Qualifications
- Professional qualifications such as CPSM certification, SCMP certification, CIPS (Chartered Institute for Procurement and Supply), or bachelor's / master's degree in sourcing or a related field are advantageous but not essential. Relevant experience is necessary.
In addition to our open door policy and supportive work environment, we also strive to provide a competitive salary and benefits package. TJX considers all applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, gender identity and expression, marital or military status, or based on any individual's status in any group or class protected by applicable federal, state, or local law. TJX also provides reasonable accommodations to qualified individuals with disabilities in accordance with the Americans with Disabilities Act and applicable state and local law.
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