Strategic Sourcing Associate
MashreqBengaluru, Republic Of India, IN7 days ago
Job descriptionConduct Market research to identify suitable potential vendors for products, services and supplies. Review and recommend process improvement. Identify the areas of cost save, process optimization, demand management. Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added. Run UAT testing of all upgrades and modifications, consolidate and report errors. Roll out RFP / e-tender to prospective vendors in accordance to the procurement policy. Conduct eAuctions for negotiating the cost and also conducting post auction manual negotiation wherever deemed necessary. Creating and submitting Recommendation of Award (ROA) for Procurement initiatives and obtain Stakeholder approvals. Post ROA approval getting the contract reviewed by the stakeholders for the technical confirmation of project SLAs & KRAs. Ensure completion of renewals is well before the renewal date. Structured, Consistent, Risk Aware application of controls and oversight of spend. Explore new and innovative ideas for, automation, modernizing and simplifying the process, cost effective and value added. Through personal efforts, upgrade oneself on the latest best practices Providing monthly inputs for compilation of departmental MIS Assist & Guide Stakeholders in drafting Scope, BOQ or Commercial template. Prepare all control reports on regular intervals, including Weekly Report, Lean Huddle Boards, Team workflow and other control reports upon request Conduct Team Huddle on a daily basis, report RCPS and update team on Demand Management initiatives. Receive approved requisitions for influence-able and non-influence able spend and action in coordination with the requestor based on the Procurement Policy. Identify and Advise Finance on Internal controls from procurement perspective Living the value of the bank, adhering to code of conduct Input for Procurement Policy (PP), SOP Revision, and visibility of PP Compliance to PP internally and externally. Structured, Consistent, Risk Centered application of controls and oversight of spend. Proactive in spend management, stakeholder engagement and strategy. Basic knowledge of demand / expense management. Timely floating of RFP / RFI, issuance of I-PO's accuracy (i.E. ADM category, cost centers, chargeability etc.) SLA and performance monitoring Customer service, removal of bottlenecks, train the users. Identify cost save transactions and prepare “Recommendation of Award” Good command in customer service, removal of bottlenecks, training stake holders, dispute and escalation management. Ensure professional supply market research and Innovation from supplier market. Recommend suitable potential suppliers with regard to internal demand requirements. Contact person for suppliers; Maintain strict compliance with the Confidentiality and Non-Disclosure Agreement and principles. Graduate within a minimum of 6-8 years of Indirect procurement experience Strong PC Skills i.E. Excel, Word, MIS office, Power Point and good verbal and written communication skills. Basic knowledge of Bank’s operating environment. Familiar with Oracle Fusion Procurement, procurement features and functions. Good command over automated analytical tools to support vendor analysis, evaluation matrix, performance analysis, SLA, TAT measurements etc. Teamwork, punctuality, Innovation, Willingness to take more responsibility. Professional, with a proven track record of integrity and ethical values
Job Purpose
- Understand business requirement;
ensure Procurement Teamperforms to its expected outcome in terms of quality, quantity, vendor / supplier satisfaction, end user satisfaction and bottom line contribution.
Key result Areas
e.G. by handling of inquiries, supporting suppliers in answering the supplier questionnaire.
Knowledge, Skills and Experience
Create a job alert for this search
Strategic Sourcing • Bengaluru, Republic Of India, IN
Related jobs
![Strategic Sourcing Consultant [T500-20900]](https://cdn-logos.talent.com/v1/logo/image?feedcode=clickcast-appcast-li-in-cpc&company_name=FM)
- Promoted
Strategic Sourcing Lead
ConfidentialBengaluru / Bangalore, India We are seeking a seasoned sourcing and supplier development professional to lead strategic initiatives across supplier qualification, cost optimization, and new product development.This role is piv...Show moreLast updated: 22 days ago
- Promoted
Strategic Sourcing Specialist- CT
ConfidentialBengaluru / Bangalore, India The Strategic Sourcing Specialist is responsible to develop, implement and lead the sourcing strategy and operating plan for selected suppliers in our MICT business.
The scope of the role is managin...Show moreLast updated: 1 day ago
- Promoted
Strategic Sourcing Specialist
Tata ElectronicsHosur, Tamil Nadu, India Electronics Manufacturing Services, Semiconductor Assembly & Test, Semiconductor Foundry, and Design Services.Established in 2020 as a greenfield venture of the Tata Group, the company aims to serv...Show moreLast updated: 18 days ago
- Promoted
Strategic Sourcing- Procurement Services
WNS ProcurementBangalore Rural, Karnataka, India Position : Strategic Sourcing– Procurement Services.Plot 8A, RMZ Centennial, Kundalahalli Main Road, Whitefield, Bangalore, India.
The Senior Associate will manage and execute.This role requires stro...Show moreLast updated: 18 days ago
- Promoted
Manager, Strategic Sourcing
Saks Global IndiaBengaluru, Karnataka, India As a Strategic Sourcing Manager in Strategic Sourcing & Procurement (SS&P), you’ll lead a team of professionals that support strategic sourcing value delivery.
Working with SS&P and business leaders...Show moreLast updated: 3 days ago
- Promoted
Strategic Sourcing Consultant [T500-20900]
FMBengaluru, Karnataka, India We are a highly successful 190-year-old, Fortune 500 commercial property insurance company of 6,000+ employees with a unique focus on science and risk engineering.
Businesses worldwide trust our exp...Show moreLast updated: 30+ days ago
- Promoted
Saks - Strategic Sourcing Specialist
HUDSON'S BAY SERVICES PRIVATE LIMITEDBangalore, India As a Strategic Sourcing Specialist in Strategic Sourcing & Procurement, you'll be responsible for working with your Director to : develop and lead strategic sourcing events of moderate comp...Show moreLast updated: 12 days ago
- Promoted
Specialist, Strategic Sourcing
ConfidentialBengaluru / Bangalore, India Saks Global is the largest multi-brand luxury retailer in the world, comprising Saks Fifth Avenue, Neiman Marcus, Bergdorf Goodman, Saks OFF 5TH, Last Call and Horchow.
Its retail portfolio includes...Show moreLast updated: 22 days ago
- Promoted
Strategic Sourcing- Procurement Services
ConfidentialBengaluru / Bangalore, India Position : Strategic Sourcing– Procurement Services.Plot 8A, RMZ Centennial, Kundalahalli Main Road, Whitefield, Bangalore, India.
The Senior Associate will manage and execute.This role requires stro...Show moreLast updated: 14 days ago
- Promoted
Sourcing Specialist (SaaS IT)
Randstad EnterpriseDoddaballapura, Karnataka, India Role : Source & Screen - Recruitment (IT Recruitment) Responsibilities : Identify and source the candidates from job boards / Gr8 People / Indeed / LinkedIn and other sites.
Screen prospective candidat...Show moreLast updated: 3 days ago
- Promoted
- New!
Global Sourcing Strategist
Stealth StartupBengaluru, Republic Of India, IN Global Export / Import-Enablement Platform.We aim to solve the trillion-dollar.Guaranteeing quality & compliant sourcing for global buyers with aggregated supply.
Solving the fragmentation by integrat...Show moreLast updated: 6 hours ago
- Promoted
Sourcing Manager- Frame and Structural
ZenoBengaluru, Karnataka, India Zeno is seeking a Supply Chain Manager – Frame & Structural to lead the sourcing, procurement, and vendor development of critical structural components, including chassis, frames, and other load-be...Show moreLast updated: 30+ days ago
- Promoted
Strategic Sourcing Specialist
ConfidentialBengaluru / Bangalore, India Stripe is a financial infrastructure platform for businesses.Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their reve...Show moreLast updated: 22 days ago
- Promoted
Sourcing Specialist
Randstad EnterpriseBengaluru, Karnataka, India Designation : Sourcing specialist.Shift : General Shift ( 9 : 00 am - 6 : 00 pm ).Experience : 3+ years ( relevant in ITES hiring and BPO Expertise ) - Non technical Hiring.
Randstad Enterprise (includi...Show moreLast updated: 30+ days ago
- Promoted
INFOLOB Global - Strategic Sourcing Lead
INFOLOB SOLUTIONS INDIA PRIVATE LIMITEDBangalore, India Job Description : - At Infoblox, every breakthrough begins with a bold "what if.What if your ideas could ignite global innovation?.
What if your curiosity could redefine the...Show moreLast updated: 30+ days ago
- Promoted
Strategic Sourcing Consultant
FM IndiaBengaluru, India Role Title : Strategic Sourcing Consultant.This role is responsible for assisting with a portion of FMs technology and business procurement and vendor management strategy and helps to execute on tha...Show moreLast updated: 30+ days ago
- Promoted
Senior Sourcing Specialist
CargillBangalore Urban, Karnataka, India The Senior Sourcing Specialist will be aligned to Cargill’s Animal Nutrition and Health business in India, support and execute new sourcing strategies to support businesses and functions.This posit...Show moreLast updated: 6 days ago
- Promoted
Strategic Sourcing Manager
WNSBangalore Urban, Karnataka, India Strategic Sourcing and Category Management (Marketing) is a member of a client dedicated procurement service delivery team responsible for assisting category managers (client or WNS) with Marketing...Show moreLast updated: 3 days ago