Procurement Specialist (Sourcing & Contract Management Specialist)

 Posted 2 hours ago
  
 India
  
⭐ 5-10 years experience
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AI Summary

Lead end-to-end sourcing processes and manage the full contract lifecycle, including drafting and redlining legal agreements. Monitor supplier performance through KPIs and mitigate supply chain risks to ensure business continuity.

Are you passionate about improving business processes?

Do you enjoy working with a diverse multinational team of talents?

Join our Highly Skilled Team

Our team designs, develops, and manages applications and infrastructure that support Akamai's Compute products and services. We specialize in creating solutions that help improve observability and enforce SLAs across all internal teams.

Partner with the best

We are seeking an experienced **Procurement Sourcing Specialist** with strategic sourcing, contract management, and commercial negotiation. This role focuses on optimizing spend, reducing supplier risks, and delivering value across multiple procurement categories.

As a Procurement Specialist, you will be responsible for:

  • Strategicing Sourcing & Negotiation,Lead the end-to-end sourcing process (RFI, RFP, RFQ) for assigned direct and/or indirect categories.
  • Conducting comprehensive market research, benchmarking, and spend analysis to uncover savings opportunities while formulating and executing effective negotiation strategies.
  • Drafting, reviewing, and redlining contracts, including MSAs, SOWs, and NDAs, while collaborating with Legal and Risk to ensure compliance.
  • Managing the contract lifecycle, tracking renewals, amendments, and compliance metrics.
  • Monitoring and evaluating supplier performance using periodic reviews and KPIs to ensure effective Supplier Relationship Management (SRM).
  • Resolving supplier disputes and performance issues efficiently while identifying and mitigating supply chain risks to maintain business continuity.

Do what you love

To be successful in this role you will:

  • Bring 4 to 6 of expertise in strategic sourcing, negotiation, and contract management while delivering impactful solutions.
  • Hold a background in Supply Chain Management, Business Administration, Engineering, Finance, or a related field, with relevant certifications advantageous.
  • Demonstrate expertise in reviewing, analyzing, and revising legal and commercial clauses within vendor contracts with exceptional accuracy and efficiency.
  • Demonstrate expertise in MS Excel (VLOOKUP, Pivot Tables), e-Procurement, and ERP systems like SAP, Ariba, Coupa, or Oracle.

About us

At Akamai, we make life better for billions of people, trillions of times a day.
Whether you're streaming live events, scrolling social media, watching your favorite series, or managing your savings, we're the engine behind the scenes. We provide the world's most distributed platform from Cloud to Edge to help the giants of the digital world work faster and stay more secure, making the internet a better experience for everyone.

Our focus is simple:
Cloud and Edge: Running apps closer to users for instant performance.
Security: Neutralizing threats before they ever reach your data.
Content Delivery: Scaling the world's biggest moments without a glitch.
AI: Enabling our customers to build, secure, and scale AI apps on the world's most distributed cloud platform.

At Akamai, we don't just support the internet; we power and protect it, because behind every great digital experience is a massive hidden challenge. And we're the ones who solve it. When millions of people hit play or pay, Akamai ensures it just works.

Benefits at Akamai: We support your health, well-being, finances, and life beyond work. See our benefits.

FlexBase adapts to your job's needs

Akamai's FlexBase program is yet another way we show our commitment to providing employees with an exceptional workplace experience. It's not about telling employees where to work; it's about supporting employees to do their best work.

We trust our incredible employees to work in ways that suit them best: at home, in an office, or a combination of both.

Connect with us on social and see what life at Akamai is like!

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