Strategic Sourcing Specialist- HCL,Bangalore

Job description

Strategic Sourcing Specialist Location: Bengaluru Experience: 2 to 8 Years About the Role We are looking for a proactive and analytical Strategic Sourcing Specialist to support sourcing initiatives, supplier management, and procurement operations. The ideal candidate will work closely with internal stakeholders and suppliers to identify cost-saving opportunities, improve supplier performance, and ensure efficient procurement processes. Key Responsibilities • Execute sourcing activities including RFI, RFQ, RFP, supplier evaluation, and selection. • Conduct spend analysis and market research to identify cost optimization opportunities. • Support supplier negotiations and contract management activities. • Build and maintain strong supplier relationships and monitor supplier performance. • Collaborate with cross-functional teams to understand procurement requirements. • Ensure compliance with procurement policies, contracts, and supplier agreements. • Track sourcing savings, supplier metrics, and procurement KPIs. • Assist in supplier risk assessments and continuous improvement initiatives. Required Qualifications • Bachelor's degree in Business Administration, Supply Chain Management, Engineering, or a related field. • 2 to 8 years of experience in Strategic Sourcing, Procurement, Purchasing, or Supply Chain. • Strong analytical and negotiation skills. • Good understanding of sourcing and supplier management processes. • Proficiency in Microsoft Excel and procurement tools such as SAP, Ariba • Excellent communication and stakeholder management skills. Preferred Qualifications • Exposure to category management and contract negotiations. • Professional certifications such as CIPS, CPSM, or CSCP are a plus. Key Competencies • Strategic Sourcing • Cost Analysis & Optimization • Market Research • Risk & Compliance Management • Stakeholder Collaboration