SI

Sourcing Specialist

Sidel
Pune5-9 LPA Posted 5 Jun 2026
FULL TIME
Supplier Management
Spend Analysis
Cost Optimization
Engineering Drawings
Strategic Sourcing
+3 more

Job Description

Key Responsibilities

  • Analyze spend data across assigned commodity and supplier categories
  • Monitor market trends and benchmark suppliers to improve cost, quality, delivery, and technology performance
  • Support sourcing leadership in defining annual savings targets, risk assessments, and opportunity identification
  • Implement cost-saving initiatives and sourcing action plans to achieve procurement savings goals
  • Drive cost reduction activities and promote alternative sourcing solutions with suppliers and internal stakeholders
  • Manage supplier relationships at the local level and monitor KPI performance, ensuring corrective actions where needed
  • Negotiate long-term contracts, pricing agreements, and commercial terms with suppliers
  • Collaborate with global commodity managers and cross-functional teams on sourcing initiatives
  • Serve as the primary liaison between engineering, quality, production, and suppliers for technical alignment
  • Prepare and manage RFQs including drawings, BOMs, and technical specifications
  • Evaluate supplier quotations, negotiate pricing and terms, and ensure cost optimization
  • Interpret engineering drawings, blueprints, BOMs, and technical documentation for sourcing accuracy
  • Maintain sourcing data, supplier records, and contracts in SAP or procurement systems
  • Prepare reports on cost savings, supplier performance, and market trends for management review
  • Ensure compliance with sourcing processes, standards, and organizational policies

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