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Sourcing Analyst

Sourcing Analyst

ConfidentialHyderabad / Secunderabad, Telangana, India
5 days ago
Job description

Overview

We are seeking a proactive, data-driven, and self-motivated Sourcing Analyst to play a key role in enhancing our sourcing capabilities, with a strong focus on Tail Spend Management . This hybrid role blends day-to-day procurement execution with strategic initiatives to reduce supplier fragmentation, improve the buying experience, and drive value across the sourcing function.

The ideal candidate will bring a solid background in spend analysis, supplier optimization, and catalog enablement , along with the ability to partner with stakeholders through implementation, monitoring, and continuous improvement cycles. This is an excellent opportunity for someone looking to grow into tactical sourcing projects, RFP execution, and commercial negotiations .

Key Responsibilities

Tail Spend Management

  • Analyze tail spend to identify trends, redundancies, and opportunities for supplier consolidation and process simplification.
  • Work with stakeholders to implement preferred suppliers , build catalogs, and streamline low-value procurement processes.
  • Prepare executive-ready decks and presentations to communicate findings and proposed solutions to internal stakeholders.
  • Oversee implementation of tail spend initiatives, monitor results, track adoption, and identify areas for further optimization.

Sourcing & Procurement Enablement

  • Partner with Group and Divisional Procurement teams to assess sourcing opportunities that drive broader business value—e.g., leveraging preferred vendors across categories or regions.
  • Support category strategy through supplier evaluations, market analysis, and insight generation.
  • Collaborate with stakeholders to align sourcing approaches with category requirements and business goals.
  • Data Analytics & Reporting

  • Conduct data cleansing, enrichment, and analysis to support sourcing decisions.
  • Build dashboards and reports using tools such as Excel, Power BI, or Tableau to visualize savings, supplier usage, and compliance.
  • Translate raw data into actionable insights and recommendations.
  • Process & Capability Development

  • Contribute to improving sourcing documentation, templates, evaluation tools, and reporting standards.
  • Explore and support the implementation of procurement technology tools for increased efficiency and transparency.
  • Help maintain data quality across systems and sourcing reports.
  • Career Progression

    This role offers a natural progression path into tactical sourcing responsibilities, such as :

  • Supporting medium-value sourcing projects and deal execution.
  • Running RFPs , conducting commercial negotiations , and managing supplier communications.
  • Developing subject matter expertise (SME) in assigned spend categories.
  • Building stakeholder relationships and providing sourcing advisory support.
  • Required Skills & Experience

  • 3-5 years of experience in sourcing, procurement, or supply chain, ideally within a global or matrixed organization.
  • Strong background in spend analysis , tail spend optimization, and implementation of procurement improvements (e.g., catalog creation, preferred supplier models).
  • Proficient in Excel (VLOOKUPs, pivot tables, formulas); hands-on experience with Power BI or Tableau is highly desirable.
  • Bachelor's degree in Business, Supply Chain, Economics, Statistics , or a related field.
  • Basic to intermediate knowledge of commercial contracting and negotiation .
  • Excellent written and verbal communication skills, with the ability to present findings and influence stakeholders.
  • Strong attention to detail, high level of organization, and ability to manage multiple initiatives simultaneously.
  • Self-starter mindset with the ability to work independently and drive initiatives forward.
  • Comfortable working in cross-functional, virtual teams across global time zones.
  • Skills Required

    Negotiation, Power Bi, Tableau, Spend Analysis, Excel, commercial contracting

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    Analyst • Hyderabad / Secunderabad, Telangana, India

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