Sourcing Specialist Software and Services

Job Description

G+D makes the lives of billions of people around the world more secure We create trust in the digital age with integrated security technologies in three business areas: Digital Security, Financial Platforms and Currency Technology We have been a reliable partner for our customers for over 170 years with our innovative solutions for SecurityTech! We are an international technology group and traditional family business with over 14,000 employees in 40 countries Creating Confidence is our path to success Trust is the basis of our co-operation within G+D, The whole world trusts us when it comes to physical or digital currencies We increase the security and efficiency of the cash cycle in collaboration with central banks and the entire currency industry As the market leader in advanced currency management, would you like to join us in shaping the future of payments Position Title : Sourcing Specialist Software and Services Location : Gurugram Roles and Responsibilities: Identify, evaluate, and onboard IT service providers for software resource augmentation/ work package outsourcing Responsible to manage P2P cycle Develop sourcing strategies to optimize cost, quality, and delivery timelines, Negotiate pricing, contract terms, and service-level expectations with vendors Establish and monitor vendor performance metrics to ensure compliance with SLAs, Manage escalations and resolve disputes with service providers, Collaborate with internal teams (HR, finance, legal, and IT) to align sourcing strategies with business needs, Ensure proper governance and compliance in all vendor engagements, Continuously analyze market trends and suggest improvements in the sourcing strategy, Qualifications and Experience: Bachelors/masters degree in engineering / MCA/BCA/MBA/ SCM / IT Management, or a related field, 10+ years of experience in strategic sourcing, vendor/Partner management, or procurement, specifically in IT/software services, Proven track record in engaging with IT service providers and managing outsourcing contracts, Strong experience in negotiating contracts, service-level agreements (SLAs), master service agreements (MSAs), and statements of work (SOWs), Hands-on experience with different software resource engagement models (staff augmentation, contract-to-hire, offshore development, managed services), Experience in managing escalations, vendor performance tracking, and risk mitigation, Technical Expertise: In-depth knowledge of software development technologies, particularly Java and Dot net, and their resource requirements, Understanding of Effort Estimations , pricing structures, cost models, Familiarity with procurement tools and vendor management systems, Ability to evaluate technical and financial proposals from vendors, Industry Background: Experience in working with IT/software development companies, ideally in a global set up & delivery model, Familiarity with compliance and regulatory requirements for IT outsourcing in India, Exposure to working with multinational companies and cross-border procurement,