Sourcing Analyst/Senior Sourcing Analyst

• In depth knowledge of P2P Cycle
• Should have knowledge in Sourcing, Order processing, Order confirmations and expediting rush orders
• Vendor management & Vendor development Vendor on-boarding, Supplier relationship management
• Catalogue & non-catalogue orders | inventory management | Lead time management
• Development of global sourcing strategies; RFX Management and evaluation using supplier scorecard process
• Requisition management, internal cost approval processes and expediting orders
• Efficient planning and implementation of ordering process to ensure specified ETAs*
• Contract Management & Risk management Actively participating in contract management – Execution of contracts (negotiation in terms of various contract clauses for the benefit of the firm) in coordination with Legal team and Business
• Stakeholder management – Maintaining relationship with all levels of supplier personnel and Business
• Handling requests for information and day to day queries regarding order status, contract renewal, usage rights, cost details, spend management etc.,
• Invoice processing & ensuring invoice payment and cost allocations
• Analyze spend of the order and negotiate with suppliers to achieve direct cost savings and indirect cost benefits
• Weekly Reporting to the client on Savings, status report of ongoing orders and discussing challenges, opportunities and improvement plans
• Reporting to the client to understand business/volume and trends by region
• Identifying opportunities and implementing actions to achieve efficiencies and business expansions
• Knowledge Market Data Manager tool and other invoicing tools
• Key Technical Skills: MS Office Package
• Key soft skills - Excellent verbal and written communication skills, liaising skills

Mandatory skills:

Vendor management

Good negotiation skills

Inventory management

Strong communication

Job Description

• Vendor management & Vendor development – Vendor on-boarding, Supplier relationship management
• Catalogue & non-catalogue orders | inventory management
• Implementation of ordering process to ensure specified ETAs
• Contract Management – Execution of contracts (negotiation in terms of various contract clauses for the benefit of the firm) in coordination with Legal team and Business
• Stakeholder management – Maintaining rapport with all levels of supplier personnel and Business
• Ensuring invoice payment and internal cost allocations are submitted to the client without any delay
• Identifying opportunities and implementing actions to achieve efficiencies and business expansion
• Working knowledge of e-applications for invoice tracking and payment systems desirable
• Key Technical Skills: MS Office Package
• Key soft skills - Excellent verbal and written communication skills, liaising skills

1 Manage the client requirements and expectations
2 Interpreting and consolidating client briefs
3 Consulting with clients about campaign requirements, Presenting campaign pitches and costs to clients
4 Negotiating timescales and budgets