Sourcing Analyst

Job Description

About the Role: We are looking for a Sourcing Analyst to support sourcing and procurement activities within our organization. This role involves assisting in supplier management, supporting contract negotiations, conducting market research, and contributing to cost-effective purchasing strategies. The ideal candidate will have 1-3 years of experience in sourcing or procurement, strong analytical skills, and a collaborative mindset. Key Responsibilities: Support the development and execution of sourcing strategies to optimize cost, quality, and delivery timelines. Assist in managing supplier relationships, tracking performance, and ensuring compliance with contractual terms. Contribute to contract preparation, pricing analysis, and negotiation support under the guidance of senior team members. Perform market and supplier research to help identify sourcing opportunities and trends. Collaborate with internal teams (e.g., Finance, Legal, Operations) to ensure alignment with sourcing processes and goals. Help monitor procurement budgets and support initiatives to identify potential cost-saving areas. Prepare reports and assist in tracking sourcing KPIs and procurement metrics. Qualifications: 2–3 years of experience in sourcing, procurement, or supply chain operations. Bachelor’s degree in Supply Chain, Business, Commerce, or a related field. Basic understanding of supplier management and sourcing practices. Familiarity with procurement tools (e.g., SAP, Oracle, Ariba) and MS Office (especially Excel and PowerPoint). Good communication and teamwork skills with attention to detail. Strong analytical and problem-solving abilities. Key Competencies: Sourcing Support & Supplier Coordination Basic Contract & Pricing Understanding Market Research & Data Analysis Collaboration & Communication Organizational Skills & Learning Agility Relocation: Willingness to relocate to Kochi (Infopark) . We are seeking a Senior Sourcing Specialist to lead strategic sourcing initiatives within our organization. This position involves managing supplier relationships, negotiating contracts, and ensuring cost-effective, high-quality procurement of goods and services. The ideal candidate will have 6-8 years of sourcing experience, strong negotiation skills, and a proven ability to drive cost-saving strategies. Key Responsibilities: Develop and implement strategic sourcing plans to optimize costs and improve supplier performance. Manage key supplier relationships, ensuring quality, delivery, and cost expectations are met. Negotiate contracts, pricing, and terms to secure favorable agreements with suppliers. Conduct market research and monitor supplier performance to identify improvement opportunities. Collaborate with cross-functional teams (e.g., Finance, Legal, Operations) to ensure sourcing aligns with organizational goals. Track and manage procurement budgets, identifying cost-saving opportunities. Prepare and present regular sourcing reports, KPIs, and procurement metrics to senior leadership. Qualifications: 6-8 years of experience in sourcing, procurement, or supply chain management. Bachelor’s degree in Supply Chain, Business, or a related field. Proven experience in supplier management, contract negotiation, and strategic sourcing. Strong proficiency in procurement tools (e.g., SAP, Oracle, Ariba) and MS Office (Excel, PowerPoint). Exceptional negotiation, communication, and interpersonal skills. Strong analytical skills and the ability to use data to drive decision-making. Key Competencies: Strategic Sourcing & Supplier Management Contract Negotiation & Cost Optimization Data Analysis & Procurement Metrics Cross-functional Collaboration & Teamwork Problem Solving & Decision Making Relocation: Willingness to relocate to Kochi (Infopark). Job Types: Full-time, Permanent Schedule: Day shift Monday to Friday Ability to commute/relocate: Kakkanad, Kochi, Kerala: Reliably commute or planning to relocate before starting work (Preferred) Experience: Sourcing: 2 years (Preferred) Work Location: In person