Analyst Strategic Sourcing

2 - 5 years

0 Lacs

Posted:2 days ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Location:

India

Position Overview

We are seeking a proactive and analytically driven Sourcing Analyst - IT to join our Global Procurement team, supporting the North America region from our Bangalore office. This role is ideal for candidates with 2-5 years of experience in sourcing, procurement, or financial analysis, particularly within IT categories.
The Analyst will be responsible for executing strategic sourcing activities, supporting category management, and driving value creation across IT spend areas such as software, hardware, telecom, and IT services. The role includes spend analysis, RFx development, supplier negotiations, contract management, and stakeholder engagement. The Analyst will collaborate closely with North America stakeholders and global procurement colleagues to ensure alignment with business goals and procurement strategies.
This position offers a unique opportunity to contribute to high-impact initiatives while developing expertise in IT sourcing within a global organization.

Essential Duties & Responsibilities

Key Responsibilities

Develop category strategy and approach in accordance with overall strategy of Global Procurement including:
Development of Category-Specific Strategies
Development of Key Stakeholder Relationships
Aligning category strategy to stakeholder prioritization and developing category road map
Prioritization and Planning of Strategic Sourcing Initiatives
Identification of Global vs Region-Specific Opportunities
Management of Project Timelines
Lead execution of Strategic Sourcing events in accordance with Ralph Lauren sourcing methodology including:
Development of Project Baselines and Spend Profiles
Development of Industry & Vendor Profiles
Development of RF(x) Documents
Prepare and Lead Vendor Negotiations
Development and Implementation of Supply Agreements
Provide support for Global Procurement initiatives as required:
Spend Analytics and Assessment
Procurement Performance Reporting and Savings
Procurement Policy and Process Compliance
Coordination of Financial Capture of Sourcing Outcomes
Supplier Relationship Management. Provide Ad Hoc support across Global Procurement digital systems including:
Review and approve Ariba Purchase Requisitions
Review and approve Aravo New Vendor Requests, support Stakeholders as needed
Update, maintain and follow up against critical path data sources (e.g. Scout, EMEA Saving Opportunities tracker, Marketing Projects tracker, preferred supplier list etc)

Experience, Skills & Knowledge

Required Skills:
.Advanced Microsoft Office Suite- Word, Excel, PowerPoint
oExperience in using Excel Pivot tables and Macros
.Strong ability to analyze and organize data are essential
.Excellent communication skills (capable of communicating with senior stakeholders). Ability to develop and deliver engaging presentations / dynamic reports
.Strong analytical, influencing, facilitating, team building, strategic thinking, solution-oriented, process-driven, people management, and time management abilities
.Independent achiever & self-starter with commitment to superior quality and accuracy
.Ability to execute under time sensitive deadlines and work effectively in a dynamic environment, even when faced with ambiguity
Experience/Education:
.Understanding of end-to-end procurement process as well as using procurement systems (Ariba, Workday or similar)
.Experience working in Retail (ideally in a luxury brand) considered an asset
.Bachelor's degree in business, or a related field preferred
.Professional certifications are an asset (CIPS etc.)
.Category-specific Strategic Sourcing experience considered an asset
.Ability to travel domestically / abroad as needed

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