Strategic Sourcing Manager

4 - 6 years

8 - 25 Lacs

Posted:1 week ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Roles & Responsibilities:

  • Develop and execute global strategic sourcing initiatives to drive cost optimization, supplier performance, and risk management.
  • Lead supplier evaluations, negotiations, and contract management to ensure best-in-class procurement practices.
  • Analyze large datasets related to procurement, supplier performance, and market trends to identify cost-saving opportunities and operational efficiencies.
  • Utilize data analytics tools to generate insights, create reports, and support strategic decision-making.
  • Collaborate with senior leadership and cross-functional teams to align sourcing strategies with business objectives.
  • Establish and manage key supplier relationships to enhance quality, innovation, and long-term value.
  • Ensure compliance with procurement policies, risk mitigation strategies, and sustainability initiatives.
  • Work effectively with internal stakeholders and suppliers, demonstrating strong communication and collaboration skills.
  • Provide guidance to junior team members and contribute to a culture of continuous improvement.

Functional Skills:

Must-Have Skills:

  • Proven Strategic Sourcing Experience
  • Strong Supplier Negotiation skills
  • Excellent analytical, problem solving and organizational skills
  • Experience with Global Procurement e-Sourcing and CLM Tools (e. g. , Workday Strategic Sourcing, Sirion Labs)
  • Project Management Experience - able to lead teams that cut across geographic and functional boundaries

Good-to-Have Skills:

  • Prior experience in managing teams

Soft Skills:

  • Strong verbal and written communication skills
  • Ability to work effectively with global, virtual teams
  • Ability to navigate ambiguity
  • High degree of initiative and self-motivation
  • Ability to manage multiple priorities successfully
  • Team-oriented, with a focus on achieving team goals
  • Influencing and Change Management skills

Basic Qualifications:

Bachelor s degree and 4-6 years of Sourcing, Management Consulting, or Project Management

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