Sr Sourcing Analyst

Job Description Description and Requirements At BMC trust is not just a word - it's a way of life Description And Requirements CareerArc Code CA_UT Hybrid At BMC trust is not just a word - it's a way of life We are an award-winning, equal opportunity, culturally diverse, fun place to be. Giving back to the community drives us to be better every single day. Our work environment allows you to balance your priorities, because we know you will bring your best every day. We will champion your wins and shout them from the rooftops. Your peers will inspire, drive, support you, and make you laugh out loud We help our customers free up time and space to become an Autonomous Digital Enterprise that conquers the opportunities ahead - and are relentless in the pursuit of innovation As a Sr Sourcing Analyst with BMC, you are responsible for managing assigned global categories or categories suppliers and spending. You act as a subject matter expert to the business while developing and leading the global category strategy. This includes internal business partner relationships, supplier relationships, contracting, negotiations and category strategy. Here is how, through this exciting role, YOU will contribute to BMC's and your own success: Work with internal stakeholders to understand and source suppliers to meet requirements while addressing budget, service levels, and other total cost of ownership (TCO) factors. - Negotiate supplier terms & conditions such as key business requirements (cost, price, specification, quality, logistics, legal, reliability) are fulfilled. - Develop and lead global strategy with business partners. - Gather and analyze spending data, as well as local, regional, and global market data to ensure competitive pricing through all phases of contract negotiations. - Provide market intelligence on commodity market trends and local / global opportunities. - Exercises judgment within defined policies and procedures to determine appropriate action. - Develop and implement category management tools and processes to enhance spend analytics and customer service. - Monitor, evaluate, and report supplier performance. - Lead strategic relationships with critical suppliers providing secure and cost-effective sources for relevant commodities. - Establish and maintain business relationships with relevant internal stakeholders, proactively engage with internal customers to understand their plans and future needs as well as manage proactive reporting. - Consistently provide feedback to upper management regarding status of projects, activities and/or initiatives. - Establish self as expert on category subject matter knowledge including technologies, theories or techniques. To ensure you are set up for success, you will bring the following skillset & experience: - Develop and implement strategic procurement strategies for multiple categories. - Conduct market analysis to identify potential suppliers and evaluate their capabilities. - Negotiate contracts and terms with suppliers to ensure the best value for the organization. - Collaborate with cross-functional teams to understand procurement needs and align strategies accordingly. - Monitor supplier performance and address any issues to maintain a high level of service. - Identify cost-saving opportunities and implement initiatives to achieve savings targets. - Ensure compliance with company policies and industry regulations. - Prepare and present reports on procurement activities and performance metrics. - Stay updated on industry trends and best practices to continuously improve procurement processes. Experiences - Bachelor's degree or better in Supply Chain, Finance, or other Business Discipline, with proven track record of academic success. - 5-7 Years in Procurement and Supply Chain - Experience in multiple categories (Marketing, Facilities, IT , M&E), P2P operations & supplier management. Our commitment to you BMC's culture is built around its people. We have 6000+ brilliant minds working together across the globe. You won't be known just by your employee number, but for your true authentic self. BMC lets you be YOU If after reading the above, You're unsure if you meet the qualifications of this role but are deeply excited about BMC and this team, we still encourage you to apply We want to attract talents from diverse backgrounds and experience to ensure we face the world together with the best ideas BMC is committed to equal opportunity employment regardless of race, age, sex, creed, color, religion, citizenship status, sexual orientation, gender, gender expression, gender identity, national origin, disability, marital status, pregnancy, disabled veteran or status as a protected veteran. If you need a reasonable accommodation for any part of the application and hiring process, visit the accommodation request page. BMC Software maintains a strict policy of not requesting any form of payment in exchange for employment opportunities, upholding a fair and ethical hiring process. At BMC we believe in pay transparency and have set the midpoint of the salary band for this role at 1,725,800 INR. Actual salaries depend on a wide range of factors that are considered in making compensation decisions, including but not limited to skill sets; experience and training, licensure, and certifications; and other business and organizational needs. The salary listed is just one component of BMC's employee compensation package. Other rewards may include a variable plan and country specific benefits. We are committed to ensuring that our employees are paid fairly and equitably, and that we are transparent about our compensation practices. (Returnship@BMC) Had a break in your career No worries. This role is eligible for candidates who have taken a break in their career and want to re-enter the workforce. If your expertise matches the above job, visit to https://bmcrecruit.avature.net/returnship know more and how to apply.