Strategic Sourcing Support Analyst

Strategic Sourcing Support Analyst

Title: Strategic Sourcing Support Analyst – Buyer

Location: Pune – Hybrid (At least 3 days – Tue, Wed, Thu -Work from Office)

We are looking for a Strategic Sourcing Support Analyst to join the Wolters Kluwer Global Business Services team.

About Wolters Kluwer

Wolters Kluwer is a global leader in professional information, software solutions, and services for the healthcare, tax and accounting, financial and corporate compliance, legal and regulatory, corporate performance, and ESG sectors. We serve customers in over 180 countries and maintain operations in over 40 countries. Together with approximately 20,000 people worldwide we provide expert solutions that combine deep domain knowledge with technology to deliver both content and workflow automation to drive improved outcomes and productivity for our customers.

Overview

As a Strategic Sourcing Support Analyst, you will be a key member of the Wolters Kluwer Global Strategic Sourcing Team, supporting critical categories like software, IT infrastructure, professional services, and workforce management. You will assist category teams with research, analytics, and large renewals or RFPs while working closely with sourcing leadership. The position emphasizes self-direction, analytical problem-solving, and optimizing sourcing operations to inform strategic initiatives.

Based in the Sourcing Center of Excellence in Pune, India, you will have the opportunity to bridge foundational experience and learn alongside our experienced Sourcing Team. This position will allow you to deepen your expertise in procurement and supplier management while advancing your career within a global organization.

Responsibilities:

• Support for Strategic Renewal Projects: Assist sourcing leadership on strategic renewal projects by providing support throughout the sourcing lifecycle. This includes activities such as supplier research, supplier analytics evaluation, cost analysis, supplier benchmarking and supporting negotiations.
• Data-Driven Analysis and Decision Support: Deliver detailed cost and supplier analyses by consolidating data from various sources to provide accurate insights. These analyses enable sourcing teams to evaluate options effectively and drive informed, data-driven decision-making.
• Analytical Reporting and Insights: Provide and deliver analytical reports on a regular cadence as well as for ad-hoc requests. These reports will cover areas such as supplier performance, project volume, and other metrics required to support leadership decision-making.
• Create Comprehensive Contract Summaries: Develop detailed contract summary pages for upcoming renewals, highlighting key terms, conditions, renewal timelines, cost structures, performance metrics, and any identified risks or opportunities. These summaries will provide stakeholders with a clear and concise overview to facilitate informed decision-making and efficient renewal planning.
• Prepare Sourcing Project Presentations: Assist Sourcing Leadership in creating concise presentations for senior management, highlighting key project objectives, timelines, cost savings, and supplier performance to support strategic decision-making.
• Renewal Planning and Management: Proactively manage the contract renewal cycle by acting as a gatekeeper for upcoming renewals, engaging stakeholders and sourcing managers. Plan and organize sourcing activities by entering them into the system and preparing base case information.
• Category Team Support and Operational Assistance: Support multiple Indirect category Sourcing Teams as needed to ensure efficient sourcing operations, including PO and invoice assistance, administrative oversight on deals, contract management, tracking project milestones, maintaining supplier records, and coordinating cross-functional communication to streamline processes.
• Stakeholder Management: Build and nurture strong supplier relationships through proactive collaboration, open communication, and mutual trust to support long-term partnerships and operational success. Addressing conflicts promptly through open and transparent communication to prevent escalations and maintain positive partnerships.

Requirements:

• Education: Bachelor's degree in business, Finance, Engineering, or a related field.
• Experience: A minimum of 3 years of professional experience in a Strategic Sourcing function or a related analytical role, such as consulting, supply chain management, finance, or business analytics. As this role involves direct partnership with leadership, candidates must demonstrate a solid level of experience in sourcing or a strong ability to adapt and excel in a dynamic environment.
• Analytical Skills: Strong analytical and quantitative abilities must have some experience in evaluating costing proposals and effectively communicating insights to support informed decision-making.
• Communication and Interpersonal Skills: Excellent oral and written communication skills in English, with a strong ability to build collaborative relationships and effectively engage with diverse stakeholders across all levels.
• Time Management and Resilience: Ability to work under pressure and consistently deliver high-quality results within tight deadlines.
• Adaptability and Flexibility: Demonstrated ability to excel in dynamic, unstructured environment where priorities frequently shift and require quick adjustments.
• Problem-Solving and Proactivity: Must exhibit a proactive mindset, adaptability, and creativity in identifying and resolving challenges effectively.
• Technical Proficiency: Proficiency in Microsoft Office Suite, strong Excel experience.
• Preferable having prior experience in eSourcing tools – COUPA, ARIBA, etc.
• Language Requirements: Fluency in English is required.
• Must be able to work in the shift timings of 3 PM – 12 AM IST.

Applicants with a background solely in PR 2 PO process management are not suitable for this position.

Work Location: Kalyani Nagar, Pune.

Applicants may be required to appear onsite at a Wolters Kluwer office as part of the recruitment process.