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EXL

Sourcing Lead

Posted a day ago
5-10 years experience
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AI Summary

The Sourcing Lead will manage the end-to-end sourcing cycle, including vendor research, RFP development, and contract negotiations for Tech and Services categories. They will collaborate with internal stakeholders and legal teams to ensure sourcing strategies meet business requirements while optimizing value and mitigating risks.

Responsibilities:

We are seeking expreienced Sourcing lead to manage end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed

  •  

Responsibilities

Responsibilities:

  • Develop and execute sourcing strategies for Tech and Services categories. 
  • Managed end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed
  • Develop and published RFP in Ariba
  • Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and gather market intelligence to support decision-making 
  • Lead supplier selection and qualification processes, including issuing RFIs, RFPs, and conducting supplier evaluations and negotiations 
  • Collaborate with internal stakeholders to understand their requirements and ensure the sourcing strategy meets their needs
  • Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements that optimize value while mitigating risks
  • Manage project plan for all assigned sourcing requests from requirement gathering to contracting
  • Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements (MSA/SOW) that optimize value while mitigating risks
  • Liaise with legal, business and supplier to finalize contracts
  • Document and analyze supplier responses to ensure it contains valid and detailed information
  • Co-ordination with various stakeholders (business, procurement, suppliers) for setting up meetings, presentations and other sessions
  • Liaising with business stakeholders, procurement team and suppliers to ensure timely and successful completions of tasks and activities (related to RFx events, NDA management and contracting)
  • Maintaining project plans/ tracker for all requests and sourcing events, including timely reporting to all stakeholders

 

Qualifications

Qualifications:

  • Bachelor’s Degree
  • 5+ years of sourcing/procurement experience with a focus on 
  • Proven experience as a Sourcing Specialist, Procurement Specialist, or similar role
  • Strong knowledge of strategic sourcing methodologies, procurement best practices, and supplier management
  • Must possess excellent verbal and written communication skills
  • Good project management/ business analysis/ process analysis skills
  • Working knowledge of SAP Ariba, primarily in Sourcing and Contract workspace
  • Strong organizational skills with attention to detail and ability to manage multiple priorities
  • Professional certifications such as Certified Professional in Supply Management (CPSM) or Project Management Professional (PMP)® Certification will be a plus

 

Business hours: US 9-5 EST hours

 

The posted base salary range is the hiring base salary range for this role. Final offers are based on several factors, including: the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position. 

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