Strategic Sourcing Specialist- HCL,Bangalore

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