Strategic Sourcing and Procurement Specialist

1 month ago


Mumbai, Maharashtra, India WPP Full time
Job Description:

We are seeking a highly skilled Strategic Sourcing and Procurement Specialist to join our team at WPP. This is an exciting opportunity for a motivated and experienced professional to drive business growth through strategic sourcing and procurement excellence.

About the Role:

  • Company Overview: As part of the WPP network, we have over 100,000 talented people in 112 countries working together to deliver transformative ideas and outcomes for our clients.
  • Salary: We offer a competitive salary of $85,000 - $110,000 per year, depending on experience, plus benefits and opportunities for career growth.

Key Responsibilities:

  1. Conducting strategic sourcing, market intelligence, opportunity assessment, spend analytics, contract analytics, category strategy development support, contract extension & renewals, spot buys, tactical sourcing, market engagement, and buying channel optimization to optimize the way we source & procure and generate value.
  2. Analyzing spend data, creating internal & external category profiles, market intelligence reports, opportunity assessments, devising category strategies, identifying sourcing levers for respective categories, analyzing costing for a product or service, conducting structured supplier negotiations, understanding the nuances of contracting, and executing the same with suppliers in coordination with legal teams.
  3. Executing projects through GEP Source to Contract platform, performing procurement risk, governance & compliance activities, supporting procurement operations activities, managing workloads and priorities, coordinating with the team, and escalating/reporting to sourcing & procurement manager on a regular basis.
  4. Ensuring high-quality stakeholder engagement both internal (procurement) & external (suppliers, agencies, business contacts), collecting, communicating, and documenting requirements from stakeholders, executing strategic sourcing projects in coordination with category teams and sourcing & procurement manager, analyzing buying patterns, volumes to determine appropriate buying channel, and providing specialist administrative support from beginning to end of a tendering project/RFP ensuring the integrity of the process.

Requirements:

  • Proficient in Strategic Sourcing and Procurement Methodology and Processes with 5+ years of experience.
  • Demonstrated ability to analyze and provide insights on spend categories & supply markets basis internal & external category profiles.
  • Strong procurement operational skills, legal understanding, and RFI/P leadership.
  • Good negotiation and influencing skills.
  • Effective project management skills and knowledge of project management systems.

Benefits:

  • A competitive salary and comprehensive benefits package.
  • Ongoing training and development opportunities.
  • The chance to work with a global network of talented professionals.

Location:

WPP has headquarters in New York, London, and Singapore and a corporate presence in major markets worldwide.



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