Sourcing Executive

1 - 2 years

2 - 3 Lacs

Posted:4 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Position Title:

Role Purpose

DIGIBUY

Key Responsibilities

Auction Management

  • Plan, organize, and execute forward and reverse auctions on DIGIBUY.
  • Collaborate with category buyers to define auction strategy, format, parameters (bid increments, start prices, duration), and timelines.
  • Monitor live bidding activity to ensure compliance and resolve irregularities or disputes.
  • Develop standardized auction templates to streamline processes across procurement categories.
  • Prepare and deliver post-auction reports with results, savings, and performance insights.

Supplier & Stakeholder Collaboration

  • Provide training and guidance to suppliers on auction participation.
  • Support supplier onboarding and registration on the DIGIBUY platform.
  • Communicate auction rules, deadlines, and processes clearly and consistently.
  • Act as the point of contact for supplier inquiries during auction preparation and execution.
  • Partner with procurement teams to align auction activities with business objectives.

Catalog Management (Ariba)

  • Maintain and update product catalogs in the Ariba system.
  • Ensure catalog accuracy, availability, and compliance with procurement standards.
  • Coordinate with suppliers and internal teams to reflect product changes, pricing updates, and availability.

Performance & Reporting

  • Track, measure, and report cost savings achieved through auctions and sourcing activities.
  • Analyze auction data and supplier performance to support informed procurement decisions.
  • Recommend strategies for cost reduction, supplier optimization, and value creation.

Decision-Making Authority

  • Operates within the organizations

    Schedule of Authority (SOA)

    .
  • Responsible for planning, executing, and reporting daily, monthly, and annual auctions.
  • Recommends auction approaches, template designs, and process improvements.

Required Skills & Competencies

  • Strong communication and interpersonal skills for supplier and stakeholder engagement.
  • Analytical mindset with ability to interpret auction data and supplier performance.
  • Organizational and planning skills to manage multiple auctions and catalogs.
  • Problem-solving skills to address live auction issues and supplier concerns.
  • Proficiency in procurement systems (DIGIBUY, Ariba, or similar platforms).
  • Attention to detail and commitment to accuracy in catalog and auction data.
  • Ability to work cross-functionally and build collaborative relationships.

Qualifications & Experience

  • Bachelor’s degree in Business, Supply Chain Management, or related field.
  • 2–5 years of experience in procurement, sourcing, or auction management.
  • Hands-on experience with e-auction platforms (DIGIBUY preferred) and catalog management systems (Ariba or equivalent).
  • Basic auctioneer or e-auction training desirable.
  • Proven track record of achieving cost savings and procurement efficiency.

Success Criteria

  • Demonstrated cost savings through effective auction execution.
  • High supplier participation and satisfaction.
  • Compliance with procurement policies and category-specific requirements.
  • Timely and accurate maintenance of catalogs in Ariba.
  • Professionalism and integrity in handling all supplier interactions.

Career Path / Succession Opportunities

Category Buyer, Sourcing Manager, or Procurement Strategy Lead

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