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Sourcing Specialist

Sourcing Specialist

Tata Consultancy Services

12 years

0 Lacs

chennai tamil nadu india

Posted:1 day ago| Platform:

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Skills Required

sourcing procurement data purchasing efficiency analysis analyze reports evaluation pricing compliance support onboarding erp management risk reporting power contracts automation digitization finance excel ariba sap oracle communication regulations certification

Work Mode

On-site

Job Type

Full Time

Job Description

Job Summary:

The Sourcing specialist is responsible for analyzing procurement data, evaluating supplier performance, and supporting strategic sourcing initiatives. This role helps optimize purchasing decisions, reduce costs, and improve supply chain efficiency by leveraging data-driven insights and market intelligence.

Key Responsibilities

Data Analysis & Reporting

Analyze procurement data to identify trends, cost-saving opportunities, and process improvements.
Develop dashboards and reports to monitor procurement KPIs and supplier performance.

Supplier Evaluation & Management

Assess supplier capabilities, pricing, and compliance with contractual terms.
Support vendor selection and onboarding processes.

Strategic Sourcing and Project Planning

Create a sourcing project within the ERP
Conduct negotiations
Stakeholder management
Risk analysis
Market analysis
Spend analysis

Also needed:-

Bid evaluation
Saves reporting on Power BI
Contracts negotiation

Process Optimization

Identify inefficiencies in procurement workflows and recommend improvements.
Support automation and digitization initiatives in procurement operations.

Compliance & Risk Management

Ensure procurement activities comply with internal policies and regulatory requirements.
Monitor contract terms and flag potential risks or deviations.

Qualifications

Bachelor’s degree in Supply Chain Management, Business, Finance, or related field.
8–12 years of experience in procurement, sourcing, or supply chain analytics.
Strong Sourcing background with analytical skills and proficiency in Excel, Power BI, or similar tools.
Familiarity with ERP systems (e.g., Ariba, SAP, Oracle, Coupa).
Excellent communication and stakeholder management skills.

Preferred Skills

Knowledge of procurement regulations and contract management.
Certification in procurement (e.g., CPSM, CIPS) is a plus.

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