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IBM Sourcing Professional India, Karnataka, Bengaluru 955454590
Today
Your Role and Responsibilities
Your Role and Responsibilities :
We are seeking a highly motivated and experienced Strategic Sourcing Manager to lead our sourcing efforts and drive cost savings across the organization. The successful candidate will be responsible for developing and implementing strategic sourcing plans, managing supplier relationships, and ensuring compliance with company policies and regulations.
Key Responsibilities
Strategic Sourcing
- Develop and implement strategic sourcing plans to meet business requirements and drive cost savings
- Conduct market research and analysis to identify potential suppliers and negotiate contracts
- Collaborate with cross-functional teams to understand business needs and develop sourcing strategies
- Manage and maintain relationships with key suppliers, including negotiation of contracts and resolution of issues
Supplier Management
- Develop and manage supplier scorecards to measure performance and drive improvement
- Identify and mitigate supply chain risks, including vendor non-performance and compliance issues
- Collaborate with suppliers to develop and implement quality and performance improvement plans
- Ensure compliance with company policies and regulations, including ethics and compliance requirements
Contract Management
- Develop and manage contracts, including negotiation of terms and conditions
- Ensure compliance with contractual obligations, including payment terms and delivery schedules
- Collaborate with internal stakeholders to ensure contract requirements are met
- Manage contract renewals and expirations, including negotiation of new terms and conditions
Stakeholder Management
- Develop and maintain relationships with internal stakeholders, including procurement, operations, and finance
- Collaborate with stakeholders to understand business needs and develop sourcing strategies
- Provide regular updates and reporting on sourcing activities and results
Required Technical and Professional Expertise
- Bachelor’s degree in supply chain management, Business Administration, or related field
- Minimum 12 years of experience in strategic sourcing, procurement, or supply chain management
- Proven track record of driving cost savings and improving supplier performance
- Strong analytical and problem-solving skills, with ability to analyse complex data and develop recommendations
- Excellent communication and interpersonal skills, with ability to build relationships with internal and external stakeholders
- Experience with contract management and negotiation, including development and implementation of contracts
- The preferred candidate must be open to working during night shift specifically from 6:30 PM to 3:30 AM IST.
- The candidate should possess experience in global procurement, particularly within the US, APAC, and EMEA regions.
Preferred Technical and Professional Expertise
- Master’s degree in supply chain management, Business Administration, or related field
- Professional certifications, such as CSCP or CPSM
- Experience with supplier relationship management tools and software
- Knowledge of industry trends and best practices in strategic sourcing and supply chain management
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