Strategic Sourcing Analyst

Global Strategic Sourcing Analyst

India

About Us

Ingersoll Rand thrives on a culture of innovation and a sense of ownership, committed to enhancing the lives of our employees, customers, and the planet. With over 80 renowned brands, our customers rely on our products and services to deliver high-quality flow creation and industrial solutions designed to perform in the most complex and harsh conditions. Additionally, our unwavering commitment to ownership has enabled our employees to cultivate strong customer relationships, driving them to solve the industry's most difficult problems.

Job Summary

The Global Sourcing Analyst is responsible for gathering, analyzing, and interpreting procurement and supply chain data to support strategic sourcing decisions. This role includes managing supplier quoting processes, ensuring data accuracy, and optimizing supplier performance, cost savings, and procurement efficiency. The analyst will work closely with sourcing, finance, and operations teams to drive data-driven decision-making and enhance overall procurement strategies.

Responsibilities

• Collaborate with cross-functional teams to understand business needs and align sourcing strategies with organizational goals.
• Develop and implement strategic sourcing plans to achieve cost savings and efficiency improvements.
• Monitor supplier performance and manage relationships to ensure high-quality and timely delivery of goods and services.
• Analyze spend data and generate reports to track sourcing performance and identify areas for improvement.
• Support Sourcing Manager in NWC initiatives.
• Analyzing market commodity prices and distributing data weekly.
• Support e-Auctions and other competitive bidding processes to drive cost reductions.
• Pursue inflation claw backs and other cost recovery initiatives.
• Conduct market research and analysis to identify sourcing opportunities and trends.
• Understand and document business processes, connecting actions to outcomes.
• Assists with both regular and ad hoc reporting and data analyses.
• Performs other responsibilities as assigned or required by the manager.

Basic Qualifications

Preferred Qualifications

Key Competencies

What We Offer

At Ingersoll Rand, we embrace a culture of personal ownership — taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better.

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Skills Required

Erp Software, Powerbi, Supply Chain, Strategic Sourcing, Procurement