Procurement Sourcing Professional

10 years

0 Lacs

Posted:1 day ago| Platform: Linkedin logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Introduction

As a Sourcing RFx Tactical Buyer, you will be directly engaging with the IBM & Client Sourcing Team under the CPO organization of a Global Healthcare Life science client based out of North America. This role will be aligned cross category across Direct, Indirect, Enterprise, and R&D and involves transactional and administrative support across sourcing towers. You will be responsible for executing low-complexity tasks such as tactical buying, supplier negotiation support, reporting, contract management and sourcing execution. This role requires 6–10 years of experience in procurement operations.

Your Role And Responsibilities

  • Understand end-to-end sourcing RFx procurement lifecycle
  • Document processes with flowcharts and workflow mapping
  • Work with client focal points to obtain process content
  • Maintain version control and compliance documentation
  • Support release management of process documents
  • Provide training and refresher sessions
  • Formulate strategies to move up the value chain
  • Contribute to engagement profitability
  • Ensure audit readiness of process documents
  • Work with stakeholders and management efficiently
  • Positive attitude, planning, curiosity, self-discipline
  • Category execution (low clip & tactical buying tasks)
  • Localization for global agreements (execution level)
  • Contract management and administration
  • Sourcing/RFx management (client engagement, supplier scoring, event outcomes)
  • NDA/CDA negotiation
  • Cost modeling (simple and intermediate models)
  • Supplier performance management (client interaction)
  • Scorecard creation and calculations
  • Financial health reporting (complex queries)
  • Market intelligence and supplier identification (varying complexity)
  • Back-office escalations and support

Policies, Procedures and Program Management

  • Participate in policy reviews and recommend improvements
  • Communicate procurement strategy and escalate service-impacting issues

Category Management and Sourcing Execution

  • Lead sourcing initiatives and strategic planning
  • Analyze and cleanse spend data to identify opportunities
  • Finalize business requirements and budgets with stakeholders
  • Evaluate market trends and supplier capabilities
  • Align sourcing strategy with category strategy and business rules
  • Document sourcing processes and maintain compliance records

Sourcing Execution

  • Lead RFx events for medium complexity categories
  • Create RFx documents and manage bid processes
  • Evaluate supplier proposals and recommend preferred suppliers
  • Prepare contracts and award letters
  • Negotiate pricing and terms
  • Support NDA/CDA creation and legal coordination

Contract and Compliance Administration

  • Enter contracts into management tools
  • Support implementation and communication of new contracts
  • Assist in change management and stakeholder impact analysis

Category Buying Desk

  • Execute tactical buys and sourcing events
  • Provide supplier lists and specification feedback
  • Maintain savings tracking and reporting

Cost Modelling and Supplier Performance

  • Create should-cost models
  • Prepare supplier scorecards and financial health data
  • Lead supplier performance reviews and QBRs

Other Middle Office Activities

  • Collect market intelligence and ESG data
  • Support dashboards and reporting tools (SAP, Power BI, Sievo)
  • Assist in master data updates and vendor records
  • Contribute to process enhancements and digitalization initiatives

Escalation and Request Management

  • Resolve P2P escalations and refer unresolved issues
  • Manage non-automated client requests via Intake Workflow System
  • Execute stakeholder requests not requiring S2P Lead support

Work the shift hours to support North America time zone (6:30 pm IST to 3:30 am IST/7.30 pm to 4.30 am IST)

Preferred Education

Bachelor's Degree

Required Technical And Professional Expertise

  • Bachelor’s degree in business, Supply Chain, or related field
  • 6–10 years of experience in strategic sourcing and procurement
  • Strong analytical and stakeholder management skills
  • Proficiency in ERP systems and sourcing tools
  • Experience in RFx execution and contract negotiation

Preferred Technical And Professional Experience

  • Bachelor’s degree in business, Supply Chain, or related field
  • 6–10 years of experience in strategic sourcing and procurement
  • Strong analytical and stakeholder management skills
  • Proficiency in ERP systems and sourcing tools
  • Experience in RFx execution and contract negotiation

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