Sourcing Specialist

Overview

The Sourcing Specialist drives end-to-end sourcing activities, supplier management, contract execution, and procurement process optimization across assigned business functions.

What you'll do

• Lead sourcing projects by understanding business requirements, developing sourcing strategies, evaluating suppliers, and negotiating competitive commercial terms.
• Identify and deliver cost optimization opportunities through competitive bidding, supplier rationalization, demand consolidation, and total cost analysis.
• Ensure sourcing activities comply with procurement policies, approval matrices, governance requirements, and audit standards.
• Develop and manage supplier relationships, including supplier identification, onboarding, performance monitoring, and risk mitigation.
• Coordinate the initiation, negotiation, execution, and maintenance of supplier contracts in collaboration with internal stakeholders and Legal teams.
• Leverage SAP and Power BI insights to analyse procurement data, identify sourcing opportunities, and improve purchasing effectiveness.
• Drive catalogue development and touchless purchasing initiatives to increase efficiency, standardization, and user adoption.
• Act as the primary sourcing interface for assigned functions, partnering with Procurement, Finance, Legal, HR, IT, Facilities, and suppliers to resolve commercial and operational issues.
• Support continuous improvement initiatives by enhancing sourcing processes, strengthening supplier competitiveness, and improving procurement governance and operational efficiency.

What you'll need

• Bachelor's degree or Diploma in Engineering from a reputed institution.
• 4-5 years of experience in strategic sourcing, procurement, supplier management, and commercial negotiations.
• Hands-on experience with SAP procurement transactions and data analysis tools such as Power BI.
• Strong analytical, stakeholder management, negotiation, contract management, and problem-solving skills.
• Ability to manage multiple sourcing projects while working effectively across cross-functional teams.

Nice to have

• Qualification in Business Administration.

Details

• Location: Navi Mumbai, India.
• Reporting to: Country Sourcing Manager.