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1.0 - 4.0 years
3 - 6 Lacs
Bengaluru
Work from Office
Join our team as a Technology Sourcing Analyst , where you'll play a pivotal role in managing vendor relationships and ensuring seamless IT service delivery. you'll be at the forefront of optimizing procurement strategies, negotiating contracts, and guiding stakeholders through purchasing best practices all while contributing to the success of innovative technology projects. About the Role: In this opportunity as a Technology Sourcing Analyst , you will: Proactively manage assigned technology support/maintenance renewals. Ensuring visibility 90 days in advance of due date. Starting with the process to validate inventory with stakeholders, to budget validation and order placement, and through receipt of products and subsequent payment of invoice. Ensure best practices are followed in the acquisition of goods or services by recommending appropriate suppliers, costs, and processes. Must be able to understand individual purchase orders, blanket purchase agreements, basic ordering agreements, etc Negotiating maintenance pricing with partners or re-sellers, while exceeding company financials goals. Maintain communication with suppliers during procurement to ensure timely delivery while maintaining compliance with the requirements of the procurement documents. Secure bids related to specific projects and renewals for internal stakeholders. Raise new purchase requests and obtain financial approvals Verify active MNDA exists for each supplier prior to completing support renewal. Validate all quotes or bids against any contractual pricing or rate cards. Participate in project teams, working with stakeholders and sourcing management. Assist sourcing managers in contract close-outs or renewal extensions. Create/run pipeline reports to determine upcoming contract obligations. Act as liaison between the stakeholder and the supplier to determine optimal approach to meeting validated business requirements. Provide feedback to stakeholders and management regarding status of projects and initiatives. Provide education and guidance to stakeholders regarding value of adopting and complying with purchasing policies, procedures, tools, and processes About You: you're a fit for the role if your background includes: Bachelors degree. Fluent English is a must. Overall 4+ years of experience & previous 2+ years procurement or vendor management experience is preferred. Experience with procurement systems such as Ariba , SAP, and Fieldglass is a PLUS. Experience in or aptitude for managing projects or a portfolio of initiatives with an understanding of general technology available in the market place environment. Ability to negotiate with suppliers and internal stakeholders Excellent relationship management skills. Professional written and verbal communication skills. Strong skill in use of Microsoft Office Ability to collaborate with team members. A self-starter with the ability to drive for results with some direction and desire to learn new skills. Familiarity with budgets and billing processes. Ability to meet tight deadlines in a fast-paced and challenging environment. Ability to manage multiple projects within tight timelines Ability to manage workload independently. Support senior team members to streamline the renewal process with other departments and implement best practices across business units #LI-OE1 What s in it For You? Hybrid Work Model: we've adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected. Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities, whether caring for family, giving back to the community, or finding time to refresh and reset. This builds upon our flexible work arrangements, including work from anywhere for up to 8 weeks per year, empowering employees to achieve a better work-life balance. Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow s challenges and deliver real-world solutions. Our Grow My Way programming and skills-first approach ensures you have the tools and knowledge to grow, lead, and thrive in an AI-enabled future. Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial we'llbeing. Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more. We live by our values: Obsess over our Customers, Compete to Win, Challenge (Y)our Thinking, Act Fast / Learn Fast, and Stronger Together. Social Impact: Make an impact in your community with our Social Impact Institute. We offer employees two paid volunteer days off annually and opportunities to get involved with pro-bono consulting projects and Environmental, Social, and Governance (ESG) initiatives. Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.
Posted 1 day ago
2 - 5 years
6 - 10 Lacs
Bengaluru
Work from Office
The Global Sourcing Analyst is responsible for gathering, analyzing, and interpreting procurement and supply chain data to support strategic sourcing decisions. This role includes managing supplier quoting processes, ensuring data accuracy, and optimizing supplier performance, cost savings, and procurement efficiency. The analyst will work closely with sourcing, finance, and operations teams to drive data-driven decision-making and enhance overall procurement strategies. Responsibilities Collaborate with cross-functional teams to understand business needs and align sourcing strategies with organizational goals. Develop and implement strategic sourcing plans to achieve cost savings and efficiency improvements. Monitor supplier performance and manage relationships to ensure high-quality and timely delivery of goods and services. Analyze spend data and generate reports to track sourcing performance and identify areas for improvement. Support Sourcing Manager in NWC initiatives. Analyzing market commodity prices and distributing data weekly. Support e-Auctions and other competitive bidding processes to drive cost reductions. Pursue inflation claw backs and other cost recovery initiatives. Conduct market research and analysis to identify sourcing opportunities and trends. Understand and document business processes, connecting actions to outcomes. Assists with both regular and ad hoc reporting and data analyses. Performs other responsibilities as assigned or required by the manager. Basic Qualifications Proven experience in strategic sourcing, procurement, or supply chain. Bachelor s degree in business, Supply Chain Management, or a related field Ability to support the USA time zone and work well in a virtual team environment Excellent written, verbal and interpersonal communication skills with good command of English language Strong analytical and problem-solving skills Proficiency in data analysis tools and ERP software. Ability to work collaboratively with cross-functional teams Detail-oriented with a strong focus on accuracy and quality Preferred Qualifications Experience in the medical device or healthcare industry. Knowledge of e-Auction platforms and processes. Knowledge of IQMS and PowerBi Certification in supply chain management (e.g., CPSM, CSCP). Key Competencies Demonstrate a bias for action Leads with boldness and humility
Posted 1 month ago
5 - 10 years
7 - 12 Lacs
Bengaluru
Work from Office
Strategic Sourcing Analyst - Flexan Location: Bangalore, KA, IN, 560 029 Req ID: 13856 Current employees: Job Title Global Strategic Sourcing Analyst Location India About Us Ingersoll Rand thrives on a culture of innovation and a sense of ownership, committed to enhancing the lives of our employees, customers, and the planet. With over 80 renowned brands, our customers rely on our products and services to deliver high-quality flow creation and industrial solutions designed to perform in the most complex and harsh conditions. Additionally, our unwavering commitment to ownership has enabled our employees to cultivate strong customer relationships, driving them to solve the industry s most difficult problems. Job Summary The Global Sourcing Analyst is responsible for gathering, analyzing, and interpreting procurement and supply chain data to support strategic sourcing decisions. This role includes managing supplier quoting processes, ensuring data accuracy, and optimizing supplier performance, cost savings, and procurement efficiency. The analyst will work closely with sourcing, finance, and operations teams to drive data-driven decision-making and enhance overall procurement strategies. Responsibilities Collaborate with cross-functional teams to understand business needs and align sourcing strategies with organizational goals. Develop and implement strategic sourcing plans to achieve cost savings and efficiency improvements. Monitor supplier performance and manage relationships to ensure high-quality and timely delivery of goods and services. Analyze spend data and generate reports to track sourcing performance and identify areas for improvement. Support Sourcing Manager in NWC initiatives. Analyzing market commodity prices and distributing data weekly. Support e-Auctions and other competitive bidding processes to drive cost reductions. Pursue inflation claw backs and other cost recovery initiatives. Conduct market research and analysis to identify sourcing opportunities and trends. Understand and document business processes, connecting actions to outcomes. Assists with both regular and ad hoc reporting and data analyses. Performs other responsibilities as assigned or required by the manager. Basic Qualifications Proven experience in strategic sourcing, procurement, or supply chain. Bachelor s degree in business, Supply Chain Management, or a related field Ability to support the USA time zone and work well in a virtual team environment Excellent written, verbal and interpersonal communication skills with good command of English language Strong analytical and problem-solving skills Proficiency in data analysis tools and ERP software. Ability to work collaboratively with cross-functional teams Detail-oriented with a strong focus on accuracy and quality Preferred Qualifications Experience in the medical device or healthcare industry. Knowledge of e-Auction platforms and processes. Knowledge of IQMS and PowerBi Certification in supply chain management (e.g., CPSM, CSCP). Key Competencies Demonstrate a bias for action Leads with boldness and humility What we Offer At Ingersoll Rand, we embrace a culture of personal ownership taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.
Posted 1 month ago
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