Sourcing & Procurement Modernization (Value Capture) Manager
Specialty/Competency: Operations & Supply Chain Solutions (Sourcing & Procurement Modernization)
Location: AC Bangalore
Time Type: Full-time
About PwC
At PwC, our purpose is to build trust in society and solve important problems. With offices in 156 countries and more than 295,000 people, we are among the leading professional services networks in the world. We help organizations and individuals create the value they are looking for by delivering quality in Assurance, Tax and Advisory services. Our global strategy The New Equation reflects how we solve important problems facing the worldtoday and tomorrow.
In India, we operate as PwC India and PwC Acceleration Centers. PwC Acceleration Centers (ACs), formerly Service Delivery Centers, include two entities in India Acceleration Center Kolkata and Acceleration Center Bangalore. The Acceleration Centers in India are diverse, global talent hubs focused on delivering value to our clients providing virtual client engagement support around the world and across all PwCs services and capabilities.
A role in PwC will provide opportunities to apply skills beyond the workplace to create groundbreaking solutions for clients and our communities. Find out more and tell us what matters to you by visiting us at www.pwc.com.
Job Summary A career in our Sourcing & Procurement Modernization practice offers the opportunity to help clients optimize procurement strategies through sourcing transformation, spend analysis, and cost reduction initiatives. As a Manager, you will lead client engagements to drive improvements in sourcing, supplier management, and procurement efficiency, using data-driven methodologies to capture value and enable organizational transformation.
Specializing in unlocking value for clients through innovative strategy, operational excellence, and data-driven insights. We work across industries to help businesses optimize their cost structures, enhance profitability, and design operating models that drive sustainable competitive advantage.
PwCs global leadership development framework provides a structured path for career progression and skill development.
PwC Professional skills and responsibilities for this management level include, but are not limited to:
- Encourage collaboration and proactively contribute to team discussions.
- Apply critical thinking to complex procurement challenges and strategic decision-making.
- Leverage data and industry trends to extract insights for sourcing strategy.
- Provide clear and structured communication to stakeholders and suppliers.
- Maintain adaptability in working across various business environments and supply chain models.
- Uphold PwCs commitment to ethics and business conduct.
- Demonstrate robust team-leadership skills by coaching junior team members, driving performance, and fostering a high-trust environment.
- Lead complex client conversations independently, including executive-level discussions and strategic presentations.
- Contribute to business development by identifying opportunities, shaping proposals, and supporting go-to-market initiatives.
- Support capability development within the practice by creating reusable assets, methodologies, and frameworks.
Additional Responsibilities
Team and Client Management
- Lead procurement project delivery and ensure execution against KPIs.
- Develop category strategies and sourcing methodologies to drive value.
- Act as a key liaison between stakeholders, suppliers, and procurement teams.
- Provide insights and recommendations for process efficiencies and procurement optimizations.
- Lead client discussions and drive influence through actionable insights.
- Mentor and upskill team members on category management, analytics, sourcing methodologies, and consulting excellence.
- Drive account growth by identifying white-space opportunities and collaborating with engagement partners.
Strategic Sourcing and Category Management
- Conduct spend analysis to identify cost-saving opportunities.
- Lead should-cost modeling and support Make vs. Buy strategy development.
- Bring industry-specific insights from Pharma / Life Sciences/ Industrial Products / Technology, Media and Telecom / Consumer Markets / allied sectors to inform category strategies and sourcing events.
- Leverage experience in direct categories (APIs, Excipients, Chemicals, Packaging Materials, etc.) to guide formulation of category playbooks.
- Advise clients on supplier capability assessments, cost drivers, and risk factors specific to GMP-compliant supply chains.
- Execute value engineering strategies to optimize product design and cost structures.
- Implement sourcing strategies through
- Managing major sourcing events
- Leading supplier qualification and negotiations
- Structuring and executing contracting agreements
- Overseeing supply ramp-up and supplier transitions
- Provide category management expertise across various direct and indirect categories
- Design and implement supplier management frameworks, including supplier performance, relationships, and risk management programs
Process Efficiency and Innovation
- Perform procurement diagnostics to assess current-state maturity, process gaps, and improvement opportunities
- Collaborate with cross-functional teams to align procurement strategy with the clients strategic vision
- Develop and streamline end-to-end procurement processes; design and implement procurement operating models aligned with clients business objectives
- Support clients in establishing large-scale Procurement Centers of Excellence (COEs)
- Contribute to procurement modernization initiatives leveraging analytics, automation, and digital tools.
- Drive continuous improvement by staying informed of the latest industry trends and emerging procurement methodologies.
- Drive capability build initiatives within the practice (templates, tools, accelerators, training modules)
- Partner with PwC leadership to build new offerings around value capture, direct materials sourcing, and supply risk management
- Leverage AI-assisted development tools (e.g., Cursor) and GenAI capabilities to build automation assets and accelerators (e.g., spend analytics, should-cost models, sourcing playbooks) that enhance procurement modernization and value capture delivery
Basic Qualifications
- Full-time masters degree/equivalent is a must. MBA in Operations, Strategy preferred.
- 6-8+ years of experience in procurement, category management, or sourcing strategy.
- Experience in Pharma, Life Sciences, Chemicals, or allied industries with exposure to sourcing of direct materials such as APIs, excipients, solvents, specialty chemicals, or biologics.
- Familiarity with GMP supply chains, supplier audits, regulatory frameworks, and operations processes (manufacturing/packaging/quality).
- Strong expertise in strategic sourcing, procurement analytics, and supplier management.
- Demonstrated ability to lead negotiations, influence stakeholders, and drive cost savings.
- Proficiency in Microsoft Excel, PowerPoint, and procurement analytics tools.
Preferred Qualifications
- Experience with digital procurement platforms (Agentic Tools, SAP Ariba, Coupa, etc.).
- Strong leadership, communication, and analytical skills.
- Experience with data analytics tools (e.g., Power BI, SQL, Python).
- Exposure to AI-assisted coding/ development tools (e.g., Cursor) and GenAI platforms, with experience building or leveraging AI-enabled assets and accelerators to enhance sourcing and value capture delivery.
Why Join Us?
- Impactful Work: Opportunity to work on high-impact consulting engagements across diverse industries and help clients achieve measurable improvements.
- Intellectually Stimulating Environment: A fast-paced, intellectually stimulating environment where your ideas shape real-world business transformations.
- Career Growth: Clear path for career progression and mentorship from senior leaders in the consulting space.
- Competitive Compensation: Competitive compensation and benefits package.
- Innovative Culture: A culture that values innovation, collaboration, and data-driven decision-making, offering you the opportunity to work with a forward-thinking team.
📌 Manager- Sourcing and Procurement- Value Capture (Bengaluru)
🏢 PwC
📍 Bengaluru