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Procurement Sourcing Professional

Procurement Sourcing Professional

ConfidentialBengaluru / Bangalore
8 days ago
Job description

Primary Responsibilities :

Process Management and Documentation

  • Understand and document the end-to-end sourcing and RFx procurement lifecycle.
  • Create process flowcharts and workflow maps to capture and improve procurement processes.
  • Maintain version control, audit readiness, and compliance documentation for all processes.
  • Support release management for process documentation and updates.
  • Conduct training sessions and refreshers for procurement teams.
  • Formulate strategies to move up the value chain and enhance engagement profitability.
  • Collaborate effectively with stakeholders and management to ensure operational efficiency.

Policies, Procedures, and Program Management

  • Participate in procurement policy reviews and recommend process improvements.
  • Communicate procurement strategies, policies, and compliance guidelines to stakeholders.
  • Identify and escalate service-impacting issues promptly to management.
  • Category Management and Sourcing Execution

  • Lead sourcing initiatives and strategic planning aligned with category strategy and business objectives.
  • Analyze and cleanse spend data to identify sourcing and cost optimization opportunities.
  • Finalize business requirements and budgets in collaboration with stakeholders.
  • Evaluate market trends, supplier capabilities, and risk factors to support sourcing decisions.
  • Document sourcing processes and maintain all compliance and audit records.
  • Sourcing Execution

  • Lead and manage RFx events for medium-complexity categories.
  • Develop and manage RFx documentation, bid processes, and supplier communications.
  • Evaluate supplier proposals, conduct scoring and analysis, and recommend preferred suppliers.
  • Negotiate pricing, commercial terms, and contracts with suppliers.
  • Support NDA / CDA creation, legal coordination, and contract award communications.
  • Contract and Compliance Administration

  • Enter finalized contracts into contract management tools and maintain up-to-date records.
  • Support contract implementation, communication, and change management activities.
  • Ensure contracts align with corporate policies and compliance standards.
  • Category Buying Desk and Tactical Execution

  • Execute low-clip tactical buys and localized sourcing events.
  • Provide supplier lists and specification feedback to requesters.
  • Maintain savings tracking, procurement dashboards, and reporting mechanisms.
  • Cost Modeling and Supplier Performance Management

  • Develop should-cost models for strategic categories.
  • Create and manage supplier scorecards and conduct financial health analyses.
  • Lead supplier performance reviews and quarterly business reviews (QBRs).
  • Support supplier identification and market intelligence initiatives of varying complexity.
  • Other Middle Office Activities

  • Gather market intelligence, sustainability (ESG), and supplier data.
  • Support dashboard and reporting tools (SAP, Power BI, Sievo).
  • Assist in master data updates, vendor record management, and process digitalization initiatives.
  • Contribute to continuous improvement and automation projects.
  • Skills Required

    Procurement, Strategic Sourcing, Contract Management, supplier negotiation , Category Management

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    Sourcing Procurement • Bengaluru / Bangalore

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