Sourcing Support Analyst

IBM


Date: 2 weeks ago
City: Bengaluru, Karnataka
Contract type: Full time
Introduction

As a Sourcing Support Analyst, you will be directly engaging with the IBM & Client Sourcing Team reporting to the CPO 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 engagement coordination, documentation, and reporting. This role requires 2–4 years of experience in procurement operations.

Your Role And Responsibilities

Your responsibilities include but are not limited to:

    • Review requisition requirements
  • Recognize non-catalog purchases that should be directed to a catalog solution
  • Work efficiently with requester/client for additional information or questions
  • Determine source from sourcing-provided master file
  • Negotiate cost savings and terms when applicable (non-contracted sources)
  • Understand relationships between contracts and decipher details
  • Procurement of low-dollar purchases and services
  • Complete customer requests for supplier setup
  • Maintain supplier documentation
  • Ensure audit readiness of all purchasing documents
  • Proficient with reporting/MS Excel to maintain account-specific reports and trackers
  • Work with stakeholders and management efficiently
  • Positive attitude, planning, curiosity, self-discipline
  • Request triage for exceptions
  • Contract management and administration
  • Scorecard creation for suppliers
  • Financial health reporting (basic level)
  • Other middle and back-office tasks
  • Sustainability and compliance reporting (BAU reports)
Back-office escalations and support

Preferred Education

Bachelor's Degree

Required Technical And Professional Expertise

  • Bachelor's degree in business, Supply Chain, or related field
  • 2-4 years of experience in procurement or sourcing operations
  • Strong communication and organizational skills
  • Proficiency in ERP systems and Microsoft Office Suite
  • Basic understanding of contracting and compliance
  • Ability to work independently and manage transactional workload

Preferred Technical And Professional Experience

Your Role and Responsibilities:

As a Sourcing Support Analyst, you will be directly engaging with the IBM & Client Sourcing Team reporting to the CPO 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 engagement coordination, documentation, and reporting. This role requires 2–4 years of experience in procurement operations.

Your Responsibilities Include But Are Not Limited To

  • Review requisition requirements
  • Recognize non-catalog purchases that should be directed to a catalog solution
  • Work efficiently with requester/client for additional information or questions
  • Determine source from sourcing-provided master file
  • Negotiate cost savings and terms when applicable (non-contracted sources)
  • Understand relationships between contracts and decipher details
  • Procurement of low-dollar purchases and services
  • Complete customer requests for supplier setup
  • Maintain supplier documentation
  • Ensure audit readiness of all purchasing documents
  • Proficient with reporting/MS Excel to maintain account-specific reports and trackers
  • Work with stakeholders and management efficiently
  • Positive attitude, planning, curiosity, self-discipline
  • Request triage for exceptions
  • Contract management and administration
  • Scorecard creation for suppliers
  • Financial health reporting (basic level)
  • Other middle and back-office tasks
  • Sustainability and compliance reporting (BAU reports)
  • Back-office escalations and support

Policies, Procedures and Program Management

  • Communicate procurement policy to internal stakeholders
  • Provide reminders of procurement policies during regular communications
  • Recommend improvements to purchasing policies and procedures
  • Communicate issues or changes that may affect service delivery

Category Management and Sourcing Execution

  • Provide data collection requirements and suggest templates
  • Gather and provide historical data and forecasts
  • Access and utilize data repositories for spend analysis
  • Support category strategy development and documentation
  • Assist in strategic sourcing plan updates and execution
  • Facilitate development of technical and business requirement

Sourcing Execution

  • Identify potential and incumbent suppliers
  • Qualify suppliers per compliance and policy guidelines
  • Develop and propose supplier selection criteria
  • Create RFx documents using templates
  • Manage RFx bid process and obtain proposals
  • Participate in supplier evaluation and recommendation
  • Support contract preparation and award letter issuance
  • Refer non-standard terms to legal and support resolution

Contract and Compliance Administration

  • Enter negotiated contracts into contract management tools
  • Support implementation and communication of new contracts
  • Assist in change management for new suppliers

Category Buying Desk

  • Receive and triage supplier engagement requests
  • Process and complete tactical buys per sourcing instructions
  • Provide feedback on specifications and supplier lists
  • Execute sourcing events and recommend suppliers
  • Update savings tracking database

Cost Modelling and Supplier Performance

  • Create basic should-cost models
  • Prepare supplier scorecards and financial health data

Other Middle Office Activities

  • Collect and provide market intelligence and ESG data
  • Support reporting and dashboards (SAP, Power BI, Sievo)
  • Assist in updating master data and vendor records

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)

Required Professional And Technical Expertise

  • Bachelor's degree in business, Supply Chain, or related field
  • 2-4 years of experience in procurement or sourcing operations
  • Strong communication and organizational skills
  • Proficiency in ERP systems and Microsoft Office Suite
  • Basic understanding of contracting and compliance
  • Ability to work independently and manage transactional workload

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Corporate Planning & Management-Procure to Pay-Analyst-Bengaluru

Goldman Sachs, Bengaluru, Karnataka
9 hours ago
Job DescriptionThe Corporate Planning & Management (CPM) Division unifies Finance & Planning, Spend Management, Operational Risk and Resilience, and CPM Engineering teams to deliver business planning and analytics, expense management, third party risk management, and governance strategies across the firm. CPM have 5 operating pillars. Finance & Planning supports the execution of the firm’s strategic objectives through the management of...

Analyst - Business Consulting Risk - TMT - CNS - RISK - PROCESS & CONTROLS - Bangalore

EY, Bengaluru, Karnataka
1 day ago
Requisition Id: 1703160As a global leader in assurance, tax, transaction and advisory services, we hire and develop the most passionate people in their field to help build a better working world. This starts with a culture that believes in giving you the training, opportunities and creative freedom. At EY, we don't just focus on who you are now, but who...

CA (Client Acquisition)

ExcelR Solutions - Bangalore, Bengaluru, Karnataka
2 days ago
Job DescriptionQualificationAny GraduateSalary: Not a constraint for right candidateExperience: 2+ year(s) (Required)Roles And ResponsibilitiesResponsible for new client acquisition, and building new relationships with clients to procure the new job requirements for our participantsWill be responsible for primarily scouting for Entrepreneurs / Corporates who are willing to hire our studentsMandatory experience in sourcing clients using job portals, LinkedIn, social media and...