Strategic Sourcing Specialist

2 days ago

India beBeeNegotiator Full time ₹ 1,20,00,000 - ₹ 2,00,00,000

This is a critical role in managing procurement operations, ensuring timely delivery of quality materials while optimizing costs.

The ideal candidate will have experience in procurement, vendor management, and purchasing workflows, with a strong focus on cost control and efficiency.

  1. Develop and implement procurement strategies to optimize cost, quality, and delivery timelines.
  2. Identify, evaluate, and establish relationships with suppliers, manufacturers, and vendors.
  3. Negotiate contracts, pricing, and terms with suppliers to secure the best value for the company.
  4. Maintain a supplier database, ensuring continuous assessment of performance and compliance.
Key Responsibilities:
  • Procurement Strategy & Supplier Management
    • Work closely with engineering and project teams to understand technical requirements for materials and equipment.
    • Ensure purchased materials comply with engineering specifications, industry standards, and safety regulations.
    • Review and approve technical documents, material submittals, and compliance certifications.
    • Conduct market research to identify cost-effective alternatives and innovative materials.
  • Cost Control & Budget Management
    • Monitor procurement budgets and drive cost-saving initiatives without compromising quality.
    • Analyze procurement data and supplier performance to identify cost reduction opportunities.
    • Forecast pricing trends and market fluctuations to mitigate financial risks.
  • Logistics & Supply Chain Coordination
    • Ensure timely delivery of materials by coordinating with suppliers and logistics teams.
    • Optimize supply chain processes to minimize delays and disruptions.
    • Oversee international and domestic shipping, customs regulations, and import/export requirements.
  • Compliance & Risk Management
    • Ensure compliance with company policies, industry standards, and legal requirements.
    • Conduct risk assessments related to procurement, including supplier financial stability and geopolitical risks.
    • Manage contract disputes, warranties, and claims in collaboration with legal teams.
  • Technology & Reporting
    • Utilize procurement software and ERP systems to streamline purchasing workflows.
    • Generate reports on procurement performance, supplier KPIs, and cost savings.
    • Implement digital tools to enhance procurement efficiency and transparency.
    Deliverables:
    • RFQs/RFPs & PO Documentation
    • Order Tracking & Delivery Reports
    • Supplier Evaluation & Negotiation Summaries
    • Inventory & Cost Tracking Reports
    • Procurement Compliance & Audit Files
    Requirements:
    • Experience in procurement (construction/fabrication industry preferred)
    • Strong negotiation & vendor management skills
    • Proficiency in procurement software & Excel
    • Attention to detail with a focus on cost control & efficiency

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