Specialist, Sourcing & Procurement (R-19051)
Eyeota
Operations
Mumbai, Maharashtra, India
Posted on Apr 22, 2026
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Team: Sourcing & Procurement
Location: BKC Mumbai
Internal Title: Principal
Key Responsibilities:
- Partner with senior business stakeholders to understand short and long-term business requirements and translate them into actionable sourcing strategies.
- Lead complex and high value sourcing initiatives, including supplier strategy, deal structuring, and negotiation approach.
- Serve as a subject matter expert and advisor on sourcing options, supplier selection, commercial models, and contractual considerations.
- Influence decision making through fact-based recommendations, financial analysis, and risk assessment.
- Develop and execute multi‑year category strategies aligned with business priorities, demand forecasts, and market dynamics.
- Conduct advanced spend analysis, supplier benchmarking, and market assessments to identify cost optimization, risk mitigation, and innovation opportunities.
- Identify and drive demand management, supplier consolidation, and value creation initiatives across assigned categories.
- Lead end-to-end strategic sourcing events (RFI/RFP/RFQ), including requirements development, supplier evaluation, negotiations, and award recommendations.
- Design and execute negotiation strategies for pricing, commercial terms, service levels, renewals, and exit strategies.
- Ensure sourcing decisions reflect total cost of ownership, service quality, financial stability, sustainability, and strategic fit.
- Establish and manage supplier performance frameworks, including KPIs, SLAs, and governance models
- Lead supplier business reviews and drive continuous improvement, issue resolution, and performance optimization.
- Identify supplier, operational, financial, and contractual risks and develop mitigation plans in partnership with Legal, Finance, Risk, and Compliance teams.
- Oversee contract lifecycle activities to ensure compliance with contractual obligations, internal policies, and regulatory requirements.
- Support contract negotiations, amendments, renewals, and termination strategies in collaboration with Legal.
- Ensure sourcing documentation, approvals, and audit requirements are met and maintained.
- Track and report sourcing outcomes, savings realization, and performance metrics to leadership.
- Maintain accurate sourcing trackers, dashboards, and work‑in‑progress reporting.
- Contribute to the enhancement of sourcing processes, tools, templates, and governance standards.
Key Requirements:
- Bachelor’s degree in Business Administration, Supply Chain, Finance, Logistics, or a related field required.
- Minimum 8 -10 years of progressive experience in strategic sourcing, procurement, or category management.
- Proven experience leading complex sourcing initiatives and negotiations with senior stakeholders.
- Demonstrated success managing high value, multiyear contracts and strategic supplier relationships.
- Advanced analytical and financial skills, including spend analysis and total cost modeling.
- Executive level communication and stakeholder management skills.
- Proficiency in Microsoft Excel, PowerPoint, Word, and sourcing/contract management systems.
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