Lead - Strategic Sourcing & Vendor Management

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The Strategic Sourcing Specialist is responsible for developing and executing category-specific sourcing strategies that deliver measurable cost efficiencies, strengthen supplier performance, and ensure long-term value creation for the organization.

This role requires strong analytical capability, deep expertise in supplier management, and advanced negotiation skills to drive optimal procurement outcomes. The incumbent plays a critical role in spend analysis, contract management, and cross-functional collaboration to align sourcing initiatives with broader business objectives.

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Job Responsibilities

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Develop and implement strategic sourcing strategies to optimize procurement processes and achieve cost efficiencies across all vendor categories

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Lead end-to-end vendor management activities including selection, onboarding, performance monitoring, and relationship management

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Conduct comprehensive market research and analysis to identify potential suppliers and emerging industry trends

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Negotiate contracts, service level agreements, and pricing terms to ensure favorable outcomes for the organization

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Establish and maintain vendor scorecards and key performance indicators to track supplier performance and compliance

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Collaborate with cross-functional teams including operations, finance, and legal to align procurement activities with organizational objectives

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Manage vendor risk assessment processes and develop mitigation strategies to ensure business continuity

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Drive continuous improvement initiatives to enhance vendor management processes and procurement efficiency

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Ensure compliance with procurement policies, regulatory requirements, and industry best practices

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Lead a team of procurement professionals, providing mentorship and guidance to develop their capabilities

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Prepare and present regular reports on sourcing activities, cost savings, and vendor performance to senior leadership

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Required Qualifications

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Bachelor?s degree in supply chain management, Engineering, Business Administration, or related field.

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MBA/ NICMAR or qualified certifications (e.g., CPSM, CIPS) preferred.

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10 plus years of experience in procurement, strategic sourcing, or category management.

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Experience in handling multiple categories (direct/indirect procurement preferred).

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Experience in aviation industry, multi-category or complex sourcing environments preferred

Key Skills & Competencies

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Strong negotiation and influencing skills

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Category management expertise

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Financial and commercial acumen

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Supplier relationship management

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Proficiency in ERP systems (SAP, Oracle, etc.) and sourcing tools

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Excellent stakeholder management

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Excellent written and verbal communication skills

Additional Requirements

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Strong understanding of market dynamics and industry trends

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Experience in digital procurement transformation (preferred)

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Willingness to travel for supplier negotiations and market assessments

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📌 Strategic Sourcing & Vendor Management (Jewar)
🏢 Yamuna International Airport
📍 Jewar