Sourcing Specialist
4 weeks ago
Min Experience: 10 years
Location: Gurgaon
JobType: full-time
We are seeking an experienced Sourcing Specialist to drive the procurement and management of IT service providers for software resource augmentation and work package outsourcing. This role involves developing sourcing strategies, negotiating contracts, managing vendor relationships, and ensuring compliance, while optimizing cost, quality, and delivery timelines.
Requirements
Key Responsibilities
- Identify, evaluate, and onboard IT service providers for software resource augmentation and outsourcing.
- Manage the end-to-end procurement process (P2P cycle), ensuring efficiency and compliance.
- Develop sourcing strategies to optimize cost, quality, and delivery timelines.
- Negotiate pricing, contract terms, and service-level agreements (SLAs) with vendors.
- Establish and monitor vendor performance metrics to ensure compliance with agreed SLAs.
- Manage escalations and resolve disputes with service providers.
- Collaborate with internal teams (HR, Finance, Legal, and IT) to align sourcing strategies with business needs.
- Ensure proper governance and regulatory compliance in all vendor engagements.
- Analyze market trends and suggest improvements in the sourcing strategy.
Qualifications & Experience
- Bachelor's/Master's degree in Engineering, MCA, BCA, MBA, Supply Chain Management, IT Management, or a related field.
- 10+ years of experience in strategic sourcing, vendor/partner management, or IT procurement, specifically in software services.
- Proven track record in engaging IT service providers and managing outsourcing contracts.
- Strong experience in negotiating contracts, SLAs, MSAs, and SOWs.
- Hands-on experience with various software resource engagement models (staff augmentation, contract-to-hire, offshore development, managed services).
- Expertise in vendor performance tracking, risk mitigation, and escalation management.
Technical Expertise
- Strong knowledge of software development technologies, particularly Java and .NET, and their resource requirements.
- Understanding of effort estimations, pricing structures, and cost models in software services.
- Familiarity with procurement tools and vendor management systems.
- Ability to evaluate technical and financial proposals from vendors.
Industry Background
- Experience working with IT/software development companies, ideally in a global delivery model.
- Familiarity with compliance and regulatory requirements for IT outsourcing in India.
- Exposure to multinational companies and cross-border procurement processes.
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