Leads end-to-end strategic sourcing, supplier management, contract execution, procurement compliance, cost optimization, and process improvement. Evaluates and negotiates with suppliers, manages supplier performance and risk, analyzes procurement data using SAP and Power BI, and partners with cross-functional stakeholders to improve purchasing efficiency and governance.
The Sourcing Specialist is responsible for driving end-to-end sourcing activities, supplier management, contract execution, and procurement process optimization across assigned business functions. The role partners with internal stakeholders and suppliers to deliver cost efficiencies, ensure procurement compliance, enhance supplier performance, and support continuous improvement initiatives.
Responsibilities
- Lead sourcing projects by understanding business requirements, developing sourcing strategies, evaluating suppliers, and negotiating competitive commercial terms.
- Identify and deliver cost optimization opportunities through competitive bidding, supplier rationalization, demand consolidation, and total cost analysis.
- Ensure sourcing activities comply with procurement policies, approval matrices, governance requirements, and audit standards.
- Develop and manage supplier relationships, including supplier identification, onboarding, performance monitoring, and risk mitigation.
- Coordinate the initiation, negotiation, execution, and maintenance of supplier contracts in collaboration with internal stakeholders and Legal teams.
- Leverage SAP and Power BI insights to analyse procurement data, identify sourcing opportunities, and improve purchasing effectiveness.
- Drive catalogue development and touchless purchasing initiatives to increase efficiency, standardization, and user adoption.
- Act as the primary sourcing interface for assigned functions, partnering with Procurement, Finance, Legal, HR, IT, Facilities, and suppliers to resolve commercial and operational issues.
- Support continuous improvement initiatives by enhancing sourcing processes, strengthening supplier competitiveness, and improving procurement governance and operational efficiency.
Location of Assignment- Navi Mumbai
Reporting To- Country Sourcing Manager
- Bachelor's degree or Diploma in Engineering from a reputed institution; qualification in Business Administration will be an added advantage.
- 4-5 years of experience in strategic sourcing, procurement, supplier management, and commercial negotiations.
- Hands-on experience with SAP procurement transactions and data analysis tools such as Power BI.
- Strong analytical, stakeholder management, negotiation, contract management, and problem-solving skills.
- Ability to manage multiple sourcing projects while working effectively across cross-functional teams.
SLB is an equal employment opportunity employer. Qualified applicants are considered without regard to race, color, religion, sex, national origin, age, disability, or other characteristics protected by law.
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