Strategic Sourcing & Vendor Management Professional

Lead - Strategic Sourcing Vendor Management

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The Strategic Sourcing Specialist is responsible for developing and executing category-specific sourcing strategies that deliver measurable cost efficiencies, strengthen supplier performance, and ensure long-term value creation for the organization.

This role requires strong analytical capability, deep expertise in supplier management, and advanced negotiation skills to drive optimal procurement outcomes. The incumbent plays a critical role in spend analysis, contract management, and cross-functional collaboration to align sourcing initiatives with broader business objectives.

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Job Responsibilities

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  Develop and implement strategic sourcing strategies to optimize procurement processes and achieve cost efficiencies across all vendor categories
  


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  Lead end-to-end vendor management activities including selection, onboarding, performance monitoring, and relationship management
  


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  Conduct comprehensive market research and analysis to identify potential suppliers and emerging industry trends
  


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  Negotiate contracts, service level agreements, and pricing terms to ensure favorable outcomes for the organization
  


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  Establish and maintain vendor scorecards and key performance indicators to track supplier performance and compliance
  


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  Collaborate with cross-functional teams including operations, finance, and legal to align procurement activities with organizational objectives
  


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  Manage vendor risk assessment processes and develop mitigation strategies to ensure business continuity
  


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  Drive continuous improvement initiatives to enhance vendor management processes and procurement efficiency
  


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  Ensure compliance with procurement policies, regulatory requirements, and industry best practices
  


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  Lead a team of procurement professionals, providing mentorship and guidance to develop their capabilities
  


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  Prepare and present regular reports on sourcing activities, cost savings, and vendor performance to senior leadership
  

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Required Qualifications

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  Bachelor?s degree in supply chain management, Engineering, Business Administration, or related field.
  


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  MBA/ NICMAR or professional certifications (e.g., CPSM, CIPS) preferred.
  


• 4-7 plus years of experience in procurement, strategic sourcing, or category management.
  


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  Experience in handling multiple categories (direct/indirect procurement preferred).
  


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  Experience in aviation industry, multi-category or complex sourcing environments preferred
  

Key Skills Competencies

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  Strong negotiation and influencing skills
  


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  Category management expertise
  


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  Financial and commercial acumen
  


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  Supplier relationship management
  


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  Proficiency in ERP systems (SAP, Oracle, etc.) and sourcing tools
  


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  Excellent stakeholder management
  


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  Excellent written and verbal communication skills
  

Additional Requirements

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  Strong understanding of market dynamics and industry trends
  


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  Experience in digital procurement transformation (preferred)
  


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  Willingness to travel for supplier negotiations and market assessments
  

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