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Senior Manager, Strategic Sourcing

Otis Worldwide Corporation
NewPosted yesterday

LOCATION

Mindspace · Onsite

EXPERIENCE

12+ Years

TYPE

FullTime

SKILLS REQUIRED

Strategic SourcingCategory ManagementSupplier Relationship ManagementNegotiation Skills

Job description

Overview

Lead India's Indirect Strategic Sourcing function, shaping category strategy, sourcing execution, productivity delivery and supplier governance across indirect categories, with accountability for approximately USD 20 million of indirect spend and Pan-India supplier-base governance.

What you'll do

  • Lead the India Indirect Strategic Sourcing function and the sourcing team, partnering with senior India, APAC and Global stakeholders.
  • Develop fact-based category strategies across assigned indirect categories using spend insights, demand forecasts, supply-market intelligence, cost drivers and stakeholder requirements.
  • Lead sourcing initiatives from opportunity assessment through supplier selection, negotiation, contracting, transition and post-award governance.
  • Create scalable sourcing approaches that improve commercial outcomes, service quality, standardization and speed of execution.
  • Build and maintain a qualified savings and cost-avoidance pipeline, aligning assumptions, baselines and benefits with Finance.
  • Monitor project delivery, resolve execution barriers and provide transparent reporting on pipeline health, benefits realization and risks.
  • Conduct quarterly spend governance with internal stakeholders, challenging specifications, consumption patterns and service models to unlock demand-side value.
  • Partner with senior leaders across Finance, HR, Digital Technology, Operations, Legal, Real Estate, Service and other functions to shape effective sourcing solutions.
  • Facilitate cross-functional decisions through clear recommendations, robust data and stakeholder alignment.
  • Coordinate insurance management for projects and employees with internal stakeholders and service providers.
  • Lead high-value negotiations and establish commercial models, contractual protections, performance measures and governance mechanisms.
  • Own Pan-India supplier-base rationalization through commodity and sub-commodity segmentation, supplier consolidation and low-spend tail reduction, while maintaining competition, resilience and service continuity.
  • Ensure timely execution and renewal of supplier agreements, periodic supplier evaluations, performance monitoring, corrective-action closure and development of alternate suppliers.
  • Review requests for new-vendor creation, validate the business requirement and prioritize use or expansion of existing capable suppliers before approving additions.
  • Coordinate supplier consolidation and vendor-master updates with relevant stakeholders.
  • Ensure contractual obligations, policy compliance, business continuity and third-party risks are actively managed.
  • Collaborate with APAC and Global category leaders to leverage regional or global agreements, share local market intelligence and accelerate adoption of global strategies.
  • Represent India requirements in regional initiatives and translate regional strategies into practical local execution.
  • Promote standard processes, digital sourcing tools, analytics and knowledge sharing across the broader sourcing network.
  • Own and manage operational escalations related to supplier performance, service disruptions, corrective actions, commercial or contractual matters and stakeholder concerns.
  • Set clear objectives, coach team members and build capability in indirect category management, analytics, negotiation, contracting and stakeholder engagement.
  • Strengthen sourcing processes, controls, documentation and management reporting to improve consistency and audit readiness.
  • Support the APAC lead on APAC-wide procurement initiatives through coordination of regional projects, consolidation of savings and performance data, preparation of management reports, tracking of key actions, and timely response to global leadership information requests.

What you'll need

  • BE/B.Tech., or graduate in Supply Chain, Business, Commerce or a related discipline.
  • 12+ years of procurement and strategic sourcing experience, including significant indirect category management.
  • Proven experience leading cross-functional sourcing and delivering measurable value in an MNC and matrix organization.
  • Strong commercial acumen, supplier-performance analysis, negotiation, and contract-management capability.
  • Demonstrated ability to influence senior stakeholders, navigate ambiguity and convert plan into execution.
  • People leadership experience with a track record of coaching and developing sourcing professionals.
  • Mature executive presence with excellent written, verbal and presentation skills, including communicating sourcing recommendations clearly to business stakeholders.

Nice to have

  • Postgraduate qualification or MBA.
  • Experience in elevators, construction, engineering services, industrial products or consumer durables.

Details

  • Location: Head Office 9th Floor, Magnus Tower, Mindspace, Link Road, Malad (West), Mumbai-400064, India.

Read the full description and apply on the company’s own careers page.

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Senior Manager, Strategic Sourcing