Associate - Sourcing Desk - 8-12 Years Exp

Location: Bengaluru
Discipline: Human Resources
Job type: Permanent
Contact name: Komal Sharma

Contact email: komal.sharma@crescendogroup.in
Job ref: 37908
Published: 9 days ago

Sourcing Desk - (10-15 years of experience)

LocationMumbai / Bangalore

Summary – Job opportunity in Mumbai & Bangalore who holds good exposure in Global Sourcing Category role preferably Non-Tech.

Your future employer: Investment Banking leaders in the market  

Responsibilities:

  • Lead/Support the development and execution of Market Facing Category, Source Plans and supplier spend management Source plans & strategies within assigned sourcing categories

  • Conduct in-depth cost and spend analysis to develop target savings & cost reduction initiatives through RFx.

  • Complete the following activities for material sourcing events:

    • Work with LOB clients and stakeholders to define requirements

    • Identify qualified candidate suppliers

    • Supplier Management – % of gold & diverse supplier spend, segmentation, referencing, capability analysis and rationalization

    • Evaluate competitive offerings from suppliers and develop and present sourcing options that meet business requirements

    • Conduct commercial term negotiations

  • Partner and collaborate with:

    • Regional Sourcing colleagues

    • Local, regional and global internal stakeholders.

    • In-house Legal, Risk and Finance teams

  • Maintain compliance with all policy and procedural guidelines.

  • Contract Management –MSA & SLA terms, gap analysis with help of external/ internal counsel supported by the right recommendations and comments

  • Compliance – BREXIT, Secondary Data Use Restrictions, GDPR and right purchasing channel

  • Identify new service opportunities that address or anticipate client needs

  • Subject Matter Expert and People Management Skills

    • Groom & Train new joiners to bring them up to speed & learning curve.

    • Assign appropriate Training courses to Team, etc

  • Provides advise and guidance to stakeholders on the organizational procedures and process

  • Formulate direction and advise, manage, change and lead and influence both internal and external stakeholders

  • Proactive engagement with clients to identify and develop value added opportunities and comprehensive sourcing strategies

  • Achieve targets for cost reduction / savings, supplier optimization, risk mitigation, order & payment compliance, and preferred supplier identification

Requirements:

  • Bachelor's Degree required; MBA preferred

  • Minimum of 10 years experience in managing commodity or category spend

  • Previous category management experience in one or more of the following:

    • Human Resources related Benefits, Insurance, Medical Services, Administration Services, Pension / Retirement Plan, Wellness Offerings, HR consulting Services, Recruitment, Incentives & Awards, Relocations Services, Advisory Services to HR related services, etc

    • Marketing related services (Media and Advertising Agencies, Creative Agencies, Market Research, Digital Marketing, Print);

    • Equipment Hardware & Maintenance;

    • Logistics & Secure Transport (Overnight & Regional Couriers, Armored Services);

    • Loan Services (Mortgage Title & Closing, Mortgage Appraisals, Auto Lending Support Services)

    • Customer Data Services

  • Sourcing Methodology, Legal Acumen, Risk Management, Technology Acumen, Ariba Analysis, Market Research, Change Management, Risk Analysis, Contract Management, Analytics, Business strategy Alignment

Reach us:

If you think that this role interests, you and is a great fit and aligned with your career and growth. Kindly reach us at Komal.sharma@crescendogroup.in with your updated CV.

Disclaimer: Crescendo Global specializes in Senior to C-level niche recruitment. We are passionate about empowering job seekers and employers with an engaging memorable job search and leadership hiring experience. Crescendo Global does not discriminate on the basis of race, religion, color, origin, gender, sexual orientation, age, marital status, veteran status or disability status.

Note: We receive a lot of applications on a daily basis so it becomes a bit difficult for us to get back to each candidate. Please assume that your profile has not been shortlisted in case you don't hear back from us in 1 week. Your patience is highly appreciated.