Sourcing Analyst

2 weeks ago

Bengaluru, Karnataka, India Visa Inc. Full time ₹ 9,00,000 - ₹ 12,00,000 per year
Job Description

Overview:

The primary purpose of this position is to procure services and products and guide our internal business partners through the procurement process while ensuring adherence to compliance regulations in accordance with Global Sourcing and Procurement policies and procedures.

Responsibilities:
  • Creates, writes, negotiates, and reviews supplier contracts. Works with internal business partners to establish agreements that reflect the interests of the company.
  • Works with legal counsel and other stakeholders to negotiate terms and conditions of the contracts.
  • Ensures contract accuracy and rewrites or amends as necessary.
  • Works directly with suppliers/vendors to obtain materials/products/services through preparation and administration of Statements of Work/Quotes to validate favorable terms on quality, delivery and price and ensure end-user needs are met on a consistent basis.
  • Participates in supplier selection and moderately complex contract negotiations, involving Legal and other departments as necessary, to achieve favorable terms on quality, delivery, and price, and ensure end-user needs are met and deliver cost savings.
  • Works with internal customer groups to help establish specifications and validate pricing and terms.
  • Interacts with Legal and other company departments and agencies to analyze risks associated with agreements and develop language to minimize exposure whenever needed.
  • Reviews and approves contracts in accordance with company terms and conditions.
  • Guides internal customers and stakeholders through the end-to-end procurement process.
  • Coordinates with internal customers and category managers to assist in sourcing initiatives.
  • Interacts with vendors and internal customers to resolve transactional issues.
  • Coordinates signature requirements, both internal and with Visa suppliers.
  • Addresses inquiries on order status of products and services.
  • Resolves discrepancies related to procurement issues.
  • Delivers support to internal customers in an effective and efficient manner.
  • Troubleshoots internal customer issues regarding the services provided by Procurement Operations.
  • Documents the problem and provides appropriate follow up to meet internal customer service levels.
  • Responds to queries from internal customers.
  • Processes purchase requisitions and updates existing purchase orders as requested by business partners.
Additional Information:
  • This is a hybrid position. Expectation of days in office will be confirmed by your hiring manager.
Locations:
  • Job Location: Bangalore, INDIA

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