Home
Jobs

Strategic Sourcing - Procurement Professional

0 - 5 years

2 - 4 Lacs

Posted:1 day ago| Platform: Foundit logo

Apply

Skills Required

Work Mode

On-site

Job Type

Full Time

Job Description

Key Responsibilities: Develop and implement sourcing strategies for assigned categories to achieve cost savings, mitigate risks, and drive innovation. Conduct market research and supplier benchmarking to identify and qualify new suppliers. Lead RFPs, RFQs, and tendering processes, including negotiations and contract award recommendations. Negotiate pricing, terms, and conditions with suppliers while ensuring adherence to legal and ethical standards. Analyze spend data and trends to identify opportunities for strategic sourcing and process improvements. Build and maintain strong supplier relationships to ensure high performance and compliance with service level agreements (SLAs). Collaborate with internal stakeholders (e.g., finance, legal, operations, engineering) to understand requirements and align sourcing strategies. Ensure procurement activities comply with internal policies and external regulations. Monitor supplier performance metrics and develop corrective action plans as needed. Qualifications: Bachelor's degree in Supply Chain Management, Business Administration, Engineering, or a related field. Professional certification (e.g., CIPS, CPSM, CSCP) is preferred. 37 years of experience in procurement, strategic sourcing, or supply chain roles. Strong negotiation, analytical, and project management skills. Proficiency in procurement software (e.g., SAP, Oracle, Coupa, Ariba). Excellent communication and interpersonal skills. Ability to manage multiple projects and priorities in a fast-paced environment. Preferred Skills: Experience with global sourcing and supplier development. Familiarity with sustainability and ESG considerations in procurement. Working knowledge of contract law and risk management principles. Cross-functional project leadership experience.

Mock Interview

Practice Video Interview with JobPe AI

Start Risk Management Interview Now
cta

Start Your Job Search Today

Browse through a variety of job opportunities tailored to your skills and preferences. Filter by location, experience, salary, and more to find your perfect fit.

Job Application AI Bot

Job Application AI Bot

Apply to 20+ Portals in one click

Download Now

Download the Mobile App

Instantly access job listings, apply easily, and track applications.

coding practice

Enhance Your Skills

Practice coding challenges to boost your skills

Start Practicing Now
Aliens Group
Aliens Group

Real Estate

Hyderabad

200+ Employees

590 Jobs

    Key People

  • Srinivas Reddy

    Co-Founder & Managing Director
  • Ramesh Sunkara

    Co-Founder & Director

RecommendedJobs for You

Bengaluru, Karnataka, India

Hyderabad, Telangana, India