Posted:2 weeks ago|
Platform:
On-site
Full Time
Role: Assistant Vice President – Strategic Sourcing & Category Management Location: Noida | Experience Level: 10+ Years Industry: BFSI / Consulting / Shared Services / Global Capability Center Purpose of the Role This role is responsible for optimizing and managing third-party spend by developing and executing sourcing strategies, implementing category management best practices, and ensuring compliance with procurement policies and regulatory standards. The position will work in close collaboration with internal stakeholders to align sourcing decisions with business goals and priorities. Key Responsibilities Category Strategy & Spend Management Analyze and profile spend in key category areas to understand business strategies, cost drivers, and opportunities. Collaborate with stakeholders to identify sourcing needs, define sourcing strategies, and develop RFPs/RFIs aligned to organizational goals. Sourcing Execution Lead and manage sourcing events including RFPs, RFQs, and negotiations to deliver optimal value in terms of cost, compliance, quality, and speed. Support decision-making with clear sourcing documentation, negotiation frameworks, and supplier evaluation models. Compliance & Controls Ensure sourcing activities comply with all internal policies, external regulations, and audit requirements. Monitor the sourcing lifecycle from request through to contract execution, including data quality and regulatory documentation. Process Improvement & Innovation Drive change initiatives to enhance sourcing effectiveness and buying channel optimization (e.g., catalog enablement, demand management). Stay updated on industry trends, tools, and innovations through continuous research and professional engagement. Leadership & Operational Effectiveness Lead or contribute to cross-functional initiatives to enhance procurement strategy, delivery, and control frameworks. Collaborate with senior stakeholders to align sourcing strategies with evolving business objectives. Where applicable, lead and coach a team—setting performance goals, mentoring, and evaluating outcomes. For individual contributors, take initiative on structured projects, mentor peers, and influence sourcing methodology. Key Skills & Competencies Proven expertise in strategic sourcing , category management , and vendor negotiations. Strong understanding of procurement systems , compliance, and spend analysis. Experience leading or participating in cross-functional teams and large-scale sourcing initiatives. Excellent interpersonal and stakeholder engagement skills—ability to influence, align, and collaborate across functions. Strong analytical ability with comfort in working with large data sets and deriving insights. Preferred Experience & Qualifications 10+ years of relevant experience in sourcing/procurement roles within large enterprises or global shared services. Demonstrated success in managing strategic sourcing events and driving cost optimization. Experience with tools such as Ariba, Coupa, SAP, Oracle, or similar sourcing platforms is preferred. Master’s degree in Business, Supply Chain, or related field preferred. Behavioral Competencies Results-driven and accountable Client-focused with commercial acumen Problem-solver with critical thinking ability Excellent communicator—able to manage sensitive or complex discussions effectively Comfortable operating in matrix environments with multiple stakeholders Show more Show less
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