Lead - Sourcing & Procurement

5 - 9 years

0 Lacs

Posted:15 hours ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Lead in Indirect Sourcing, your primary role is to support non-IT projects by leveraging the seven-step strategic sourcing process and managing daily purchasing activities. You will be focusing on marketing and administration categories, ensuring purchases are made at the lowest cost and highest quality in alignment with company policies. Key Responsibilities: - Ensure purchases comply with company policies and procedures, utilizing purchasing systems and the strategic sourcing process. - Establish NDAs, purchase orders, and negotiate contract agreements. - Support renewal requests, budgetary pricing requests, and SOW review requests. - Maintain documentation for purchases and monitor supplier performance. - Assist in improving sourcing templates and documentation within Indirect Purchasing. You will collaborate with business users and sourcing team members to develop strategic procurement plans, identify cost-saving opportunities, and drive service improvements through competitive bidding and negotiations. Additionally, you will conduct market research, work closely with procurement analysts, and collaborate with internal teams to mitigate risks during negotiations. Other responsibilities include monitoring and managing front office support, reporting on active projects, and contributing to cross-functional reports. Your role involves executing risk mitigation, business continuity, cost management, and operation strategies. Qualifications Required: - Bachelor's Degree in supply chain, procurement, or business. - Minimum 5+ years of experience in procurement with a focus on corporate purchasing. - Experience in using P2P systems. In addition to your technical knowledge and skills in purchasing, negotiation, and financial management, you should possess strong communication, organizational, analytical, and problem-solving skills. Adaptability to changing environments, time management, project management, and vendor management skills are crucial for success in this role. Strong teamwork and interpersonal skills will also be essential for collaborating effectively with internal teams and stakeholders.,

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