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Job Summary: The Strategic Sourcing Specialist will be responsible for developing and executing category-level sourcing strategies that deliver measurable cost savings, mitigate supply risk, and improve supplier performance. This role requires strong commercial acumen, stakeholder management skills, and deep experience in strategic sourcing, negotiations, and supplier relationship management across categories spend areas, including Professional services, Staff Augmentations, IT Supplies, Software/licenses, Interior fit out projects and Real Estate & Facility Management.

Key Responsibilities:

Strategic Sourcing & Category Management

- Develop and Partner strategic sourcing initiatives aligned with business objectives.
- Lead end-to-end strategic sourcing initiatives including spend analysis, Market research, RFx development, supplier evaluation, negotiations, contracting, and implementation.
- Identify cost reduction, value creation, and risk mitigation opportunities across the categories.
- Drive cost analysis and total cost of ownership (TCO) models to support sourcing decisions.

Supplier Management & Negotiation
- Lead commercial negotiations with strategic and critical suppliers to achieve optimal pricing, terms, and service levels.
- Build and maintain strong supplier relationships, including performance reviews, business reviews, and continuous improvement initiatives.
- Assess supplier financial health, capacity, ESG compliance, and risk exposure.
- Manage supplier consolidation and rationalization initiatives where appropriate.

Stakeholder Engagement
- Partner with internal stakeholders (Engineering, Operations, IT, L&D;, TA and Other Business Units) to understand requirements and align sourcing strategies.
- Act as a trusted advisor to business teams on procurement best practices and market intelligence.
- Ensure sourcing decisions meet functional, technical, and compliance requirements.





Governance, Contracts & Compliance
- Develop Contract draft, collaborate with Vendors, Business team, Legal and finance, negotiate, and finalize contracts, MSAs, SLAs, and amendments.
- Ensure compliance with company procurement policies, audit requirements, and regulatory standards.
- Monitor contract compliance and drive adherence to negotiated terms and conditions.

Data, Analytics & Reporting
- Conduct detailed spend analysis to identify trends, risks, and sourcing opportunities.
- Track and report sourcing KPIs such as cost savings, cost avoidance, supplier performance, and contract compliance.
- Ability to analyze market trends and supplier performance.

Qualifications:

- Bachelor's degree in supply chain management, Business Administration, Finance or related field.
- Minimum 3+years of core experience in Strategic Sourcing and 5+ years in procurement, with a focus on category management.
- Proven track record of leading complex sourcing initiatives and delivering significant cost savings.
- Exposure to ESG, sustainability sourcing, or responsible procurement initiatives.
- Exposure in training to internal and external stakeholders, and team members.
- Strong negotiation skills with experience managing high-value and high-risk spend.
- Experience working with global suppliers and cross-functional teams
- Proficiency in procurement ERP (preferably -Oracle)

Certifications: Certification in procurement or supply chain management (CPSM, CPSCM, CPP) and Six Sigma.

Must Have Technical Skills:





- Strategic thinking and commercial acumen
- Advanced negotiation and influencing skills
- Strong understanding in Sourcing to Pay Process.
- Strong analytical and data-driven decision-making
- Supplier relationship and performance management
- Contracting and legal understanding
- Risk management and supply continuity planning

Must Have Soft Skills:
- Executive presence and influence.
- Strategic thinking with practical execution mindset.
- Independent execution capability.
- Clear communication and stakeholder management.
- Solid prioritization, Process driven, data analysis and problem-solving skills.
- Ability to manage multiple sourcing activities concurrently.

Providence’s vision to create ‘Health for a Better World’ aids us to provide a fair and equitable workplace for all in our employment, whether temporary, part-time or full time, and to promote individuality and diversity of thought and background, and acknowledge its role in the organization’s success. This makes us committed towards equal employment opportunities, regardless of race, religion or belief, color, ancestry, disability, marital status, gender, sexual orientation, age, nationality, ethnic origin, pregnancy, or related needs, mental or sensory disability, HIV Status, or any other category protected by applicable law. In furtherance to our mission in building a more inclusive and equitable environment, we shall, from time to time, undertake programs to assist, uplift and empower underrepresented groups including but not limited to Women, PWD (Persons with Disabilities), LGTBQ+ (Lesbian, Gay, Transgender, Bisexual or Queer), Veterans and others. We strive to address all forms of discrimination or harassment and provide a safe and confidential process to report any misconduct.

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Apply on Kit Job: kitjob.in/job/4me61a

📌 Lead - Strategic Sourcing Specialist (Hyderabad)
🏢 Providence India
📍 Hyderabad