Sr. Sourcing Analyst

3 days ago

Bengaluru, Karnataka, India Elastic Technologies Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Join our Global Sourcing team as a Sr. Sourcing Analyst to support the Marketing category. You will be responsible to negotiate complex vendor negotiations across a range of marketing services, including research and advisory firms, creative and brand agencies, Public Relations Firms and Search Engine Optimization partners, and Demand Generation Agencies

This is an excellent opportunity for someone with a marketing background who is looking for a switch into sourcing, procurement and supply chain. We believe that a deep understanding of marketing can unlock better collaboration and more effective vendor partnerships and build exceptional relationships within the organization.

Role & responsibilities

  • Lead contract reviews in close collaboration with Legal, Marketing, and Sourcing teams, ensuring agreements align with business needs and risk frameworks.
  • Partner with in-house counsel to navigate complex terms and secure appropriate approvals.
  • Work closely with marketing teams to gain a foundational understanding of their goals and ensure procurement strategies support them.
  • Align sourcing and contracting efforts with global category strategies and generate regular metrics on spend influence, savings, and vendor utilization.
  • Leverage data analysis to provide actionable procurement insights and recommendations.
  • Help manage preferred vendor lists and guide teams toward informed, strategic vendor selections.
  • Lead quarterly meetings with critical vendors to ensure they are meeting the needs of the business.

Preferred candidate profile

  • Bachelors or Master's degree in Business, Marketing, or a related field.
  • 5 - 8 years of experience in marketing operations, agency management, procurement, or vendor relationship roles.
  • Familiarity with marketing categories such as creative services, research, PR, digital marketing, and demand generation agencies.
  • Strong communication, negotiation, and stakeholder management skills.
  • High integrity and practical judgment with a solutions-focused mindset.
  • Ability to work independently, balance priorities, and build trust across a global organization.
  • Be a self-starter with a positive, can-do attitude. Must be willing to work on one's own initiative and must be focused on achieving goals.
  • Sophisticated contract management skills and the ability to understand and negotiate master service agreements, order forms, SOWs, and various other legal documentation.
  • Strong communication, relationship building, influencing, persuasion, negotiation, presentation, conflict resolution and business analysis skills.
  • This is a global position and will require some limited travel.
  • Work Hours: 1 PM – 10 PM IST (EMEA shift), with some flexibility to support global time zones.

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