Sourcing RFx Tactical Buyer - India, Bengaluru / Bangalore - confidential

    confidential
    confidential India, Bengaluru / Bangalore

    1 day ago

    Full time
    Description
    Introduction

    As a Sourcing RFx Tactical Buyer, you will be directly engaging with the IBM & Client Sourcing Team under the CPO organization of a Global Healthcare Life science client based out of North America. This role will be aligned cross category across Direct, Indirect, Enterprise, and R&D and involves transactional and administrative support across sourcing towers. You will be responsible for executing low-complexity tasks such as tactical buying, supplier negotiation support, reporting, contract management and sourcing execution. This role requires 6–10 years of experience in procurement operations.

    Your Role And Responsibilities
    • Understand end-to-end sourcing RFx procurement lifecycle
    • Document processes with flowcharts and workflow mapping
    • Work with client focal points to obtain process content
    • Maintain version control and compliance documentation
    • Support release management of process documents
    • Provide training and refresher sessions
    • Formulate strategies to move up the value chain
    • Contribute to engagement profitability
    • Ensure audit readiness of process documents
    • Work with stakeholders and management efficiently
    • Positive attitude, planning, curiosity, self-discipline
    • Category execution (low clip & tactical buying tasks)
    • Localization for global agreements (execution level)
    • Contract management and administration
    • Sourcing/RFx management (client engagement, supplier scoring, event outcomes)
    • NDA/CDA negotiation
    • Cost modeling (simple and intermediate models)
    • Supplier performance management (client interaction)
    • Scorecard creation and calculations
    • Financial health reporting (complex queries)
    • Market intelligence and supplier identification (varying complexity)
    • Back-office escalations and support

    Policies, Procedures and Program Management
    • Participate in policy reviews and recommend improvements
    • Communicate procurement strategy and escalate service-impacting issues

    Category Management and Sourcing Execution
    • Lead sourcing initiatives and strategic planning
    • Analyze and cleanse spend data to identify opportunities
    • Finalize business requirements and budgets with stakeholders
    • Evaluate market trends and supplier capabilities
    • Align sourcing strategy with category strategy and business rules
    • Document sourcing processes and maintain compliance records

    Sourcing Execution
    • Lead RFx events for medium complexity categories
    • Create RFx documents and manage bid processes
    • Evaluate supplier proposals and recommend preferred suppliers
    • Prepare contracts and award letters
    • Negotiate pricing and terms
    • Support NDA/CDA creation and legal coordination

    Contract and Compliance Administration
    • Enter contracts into management tools
    • Support implementation and communication of new contracts
    • Assist in change management and stakeholder impact analysis

    Category Buying Desk
    • Execute tactical buys and sourcing events
    • Provide supplier lists and specification feedback
    • Maintain savings tracking and reporting

    Cost Modelling and Supplier Performance
    • Create should-cost models
    • Prepare supplier scorecards and financial health data
    • Lead supplier performance reviews and QBRs

    Other Middle Office Activities
    • Collect market intelligence and ESG data
    • Support dashboards and reporting tools (SAP, Power BI, Sievo)
    • Assist in master data updates and vendor records
    • Contribute to process enhancements and digitalization initiatives

    Escalation and Request Management
    • Resolve P2P escalations and refer unresolved issues
    • Manage non-automated client requests via Intake Workflow System
    • Execute stakeholder requests not requiring S2P Lead support

    Work the shift hours to support North America time zone (6:30 pm IST to 3:30 am IST/7.30 pm to 4.30 am IST)

    Preferred Education

    Bachelor's Degree

    Required Technical And Professional Expertise
    • Bachelor's degree in business, Supply Chain, or related field
    • 6–10 years of experience in strategic sourcing and procurement
    • Strong analytical and stakeholder management skills
    • Proficiency in ERP systems and sourcing tools
    • Experience in RFx execution and contract negotiation

    Preferred Technical And Professional Experience
    • Bachelor's degree in business, Supply Chain, or related field
    • 6–10 years of experience in strategic sourcing and procurement
    • Strong analytical and stakeholder management skills
    • Proficiency in ERP systems and sourcing tools
    • Experience in RFx execution and contract negotiation

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