Sourcing Market Data Services

2 days ago

Navi Mumbai Maharashtra, India Chain IQ Group Full time

**Title**:Sourcing Market Data Services**:

- Location: Navi Mumbai, IN Pune, IN
- Date: May 23, 2025

**About Chain IQ**

Chain IQ is an Independent Global Indirect Procurement company providing strategic, tactical, and operational procurement services. Headquartered in Zurich, Switzerland Chain IQ operates from 6 main centers and 14 offices worldwide.

Our team of experts work to transform procurement within an organization utilizing our market knowledge and insights supported by innovative technology to drive procurement efficiencies.

**MDS Professional**

**Responsibilities will include**:

- Establishing and maintaining strong relationships with clients
- Understand the client’s business practices and requirements and shaping deals to meet those requirements.
- Conducting information and commercial tenders and managing the evaluation with the clients’ stakeholders to determine optimal supplier selection.
- Negotiating deals to achieve optimal commercial terms for the client.
- Leading assigned MDS initiatives (including Demand and Savings challenges) which will vary in terms of client, scope and scale.
- Building and presenting potential solutions to assigned initiatives.
- Reviewing and negotiating vendor contracts terms and conditions to ensure the most beneficial impact for the client.
- Providing advice on best practices for ongoing contract management and licensing issues.
- Leverage knowledge and experience to manage and provide input to client cost efficiency exercises that will reduce costs and enhance data usage.
- Provide advice on contract usage rights to ensure the client is compliant with existing terms and conditions.
- Working with Client on savings targets, displacement opportunities and RFPs where appropriate.
- Maintaining MDS industry awareness which will contribute to the Chain IQ MDS value chain.
- Adhering to the Chain IQ corporate standards, including using the defined sourcing tools and processes in delivery of sourcing initiatives.

**Your profile**:

- University degree (Bachelor or Master)
- 7 + years experience of the end-to-end MDS process
- 7 + years experience working with MDS vendors and their services
- Excellent communication and interpersonal skills
- Excellent networking and relationship-building skills at all levels of an organization together with the ability to work effectively in a matrix environment.
- Strong negotiating skills
- Ability to manage multiple conflicting priorities, often to tight deadlines, and deliver results
- Experience in working with MDS related sourcing tools, practices, and systems
- Professional team player, motivated and highly flexible
- High **cultural awareness** to support a **global client base**:

- Ability to **work under pressure** and consistently **meet deadlines**:

- A transparent and accountable approach to work
- Desirable - understanding of UK contract law

We are **Great Place To Work® certified** in Switzerland, the United States, the United Kingdom, Singapore, Romania, Poland and China.

We proudly offer a first-class benefits package to all employees, so come and join Chain IQ and become part of an innovative, inspiring, and high-performing team of entrepreneurs, who are globally connected and locally anchored.

Please let us know if you require any assistance during the recruitment process so that we can work with you to meet your needs.

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