Procurement Sourcing Professional

IntroductionAs 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 supportPolicies, Procedures and Program Management Participate in policy reviews and recommend improvements Communicate procurement strategy and escalate service-impacting issuesCategory 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 recordsSourcing 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 coordinationContract and Compliance Administration Enter contracts into management tools Support implementation and communication of new contracts Assist in change management and stakeholder impact analysisCategory Buying Desk Execute tactical buys and sourcing events Provide supplier lists and specification feedback Maintain savings tracking and reportingCost Modelling and Supplier Performance Create should-cost models Prepare supplier scorecards and financial health data Lead supplier performance reviews and QBRsOther 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 initiativesEscalation and Request ManagementResolve P2P escalations and refer unresolved issuesManage non-automated client requests via Intake Workflow SystemExecute stakeholder requests not requiring S2P Lead supportWork 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 EducationBachelor's DegreeRequired 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 negotiationPreferred 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