Senior Sourcing Lead

7 - 9 years

0 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

What you will do

As a Senior Sourcing Lead, you will play a key role in driving both strategic and tactical procurement initiatives across the Construction and Indirect categories for a Fortune-ranked client. You will partner closely with internal teams and client stakeholders to shape sourcing strategies, deliver on project goals, and generate measurable value. Beyond leading sourcing execution, you will also mentor and guide team members, contributing to the overall strength and capability of the engagement.

Key Responsibilities

  • Lead Source-to-Contract (S2C) execution across Indirect categories including IT, Marketing, Professional Services, and Capex/MRO
  • Develop and implement category strategies that align with client goals and deliver cost savings, supplier performance, and risk mitigation
  • Drive supplier selection and sourcing processes including RFI, RFP, RFQ, bid analysis, and scorecard development
  • Establish and lead negotiation strategies, and manage ongoing supplier relationships to ensure timely delivery, compliance, and long-term value
  • Review and validate procurement requests and orders for accuracy and policy compliance
  • Leverage client ERP and e-sourcing platforms to manage procurement operations and identify opportunities for process improvement
  • Deliver insights using spend analytics, market research, and reporting, and continuously enhance sourcing processes and turnaround times
  • Maintain and track savings pipelines, and generate regular reports to highlight performance and progress
  • Mentor junior team members and help build capability across the engagement
  • Engage with internal and client stakeholders, leading meetings and communications with senior leaders

What you should bring

  • 7+ years of experience in strategic sourcing or procurement, with a strong understanding of indirect spend categories experience in Construction procurement is a strong plus
  • Demonstrated success in negotiating with vendors, managing supplier relationships, and delivering value through strategic sourcing
  • Strong analytical and presentation skills - able to build baselines, perform market analyses, and synthesize key takeaways
  • Proficient in data tools and procurement platforms (e.g., Excel, PowerPoint, client ERP systems) with an eye for process optimization
  • Strong verbal and written communication skills with the ability to influence stakeholders and lead high-level discussions
  • Proven leadership abilities, including experience mentoring team members and managing projects across cross-functional teams
  • Bachelor's degree required certifications like CIPS, CPSM, or PMP are a plus

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