Indirect Sourcing Specialist

9 hours ago

Bengaluru, Karnataka, India beBeeSourcing Full time ₹ 12,00,000 - ₹ 16,00,000

Job Overview

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We are seeking a seasoned Indirect Sourcing Specialist to join our team. As an Indirect Sourcing Specialist, you will play a crucial role in driving cost savings and value realization through effective sourcing strategies.

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About the Role

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  • You will be responsible for implementing sourcing strategies for assigned indirect categories, leveraging the supply base to ensure continuity of supply and maximize cost savings.">
  • Conduct market intelligence to identify new vendors and set pricing benchmarks through primary and secondary research.">
  • Sourcing and Supplier Management: Identify, evaluate, and select potential suppliers; negotiate contracts; and maintain relationships with existing suppliers.">
  • Drive compliance of category strategies and sourcing projects with client Procurement Policy, Directives, Guidelines, local Procurement SOPs, and legal and regulatory requirements.">
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Key Responsibilities

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  • Data analysis – spend analysis and opportunity assessment.">
  • User department interaction – gathering details and specifications for required materials or services, site visits for contract execution and service delivery, and suggesting alternate vendors.">
  • Vendor interaction – issuing RFQs, obtaining quotes, addressing vendor questions, and negotiating terms.">
  • Excel – advanced Excel skills for formula-driven number crunching.">
  • Communication – strong written and verbal communication with vendors and internal customers.">
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Requirements

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  • Graduation, with procurement knowledge preferred.">
  • Excellent PowerPoint skills.">
  • More than five years of professional experience in areas related to business analysis focusing on technical and commercial aspects of contracting, procurement, and strategic sourcing.">
  • Experience in market intelligence for indirect spend categories.">
  • Experience in supplier analysis, sourcing strategies, and contract management.">
  • Experience in price benchmarking.">
  • Ability to communicate in a clear, concise, and coherent manner.">
  • Mature attitude coupled with effective interpersonal, communication, and listening skills.">
  • Strong analytical abilities; able to handle and interpret large volumes of data; out-of-the-box thinking to provide valuable insights on economic, technical, financial, and/or commercial areas to support decision-making.">
  • Proficiency in Microsoft tools including PowerPoint, Excel, and Word.">
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Education:

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  • B.Tech">

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