Make an Impact
We are seeking a Team Lead – Strategic Sourcing to join our Procurement Operations team at Fossil Group in Bengaluru, Karnataka. If you are passionate about strategic sourcing and enjoy driving commercial value, supplier optimization, and complex global negotiations, this could be the perfect role for you. In this dynamic and global company, you will lead strategic sourcing initiatives across regions, delivering cost savings, working capital improvements, supplier value, and sustainable commercial outcomes across the organization.
What you will do in this role:Strategic Sourcing & Market Engagement

Lead end-to-end strategic sourcing activities, including global RFPs/RFQs, competitive bidding events, supplier evaluation, and commercial negotiations

Partner with business stakeholders to validate requirements and align sourcing roadmaps with strategic corporate priorities

Conduct market and category analysis to identify sourcing opportunities, cost optimization gaps, and supplier alternatives

Commercial Negotiation & Value Delivery

Lead complex negotiations covering pricing, payment terms, service levels, and commercial agreements

Drive and track Hard Savings, Soft Savings, and Working Capital/Cash Flow improvement initiatives against defined targets

Develop data-driven category strategies and benchmarking models to identify opportunities for multi-year value creation

Contract & Supplier Management

Lead commercial negotiations for MSAs, SOWs, amendments, and other supplier agreements in partnership with Legal and business stakeholders

Manage contract utilization, renewal calendars,



executed agreement repositories, and compliance with agreed commercial terms

Drive supplier rationalization and consolidation strategies across NAM, EMEA, and APAC to optimize global spend and strengthen the preferred supplier base

Supplier Performance & Stakeholder Leadership

Manage strategic supplier relationships, monitor KPIs, and lead Quarterly Business Reviews and high-level commercial escalations

Build robust relationships with global business leaders, Finance, FP&A;, Legal, and regional commercial teams to align sourcing strategies with business objectives

Lead procurement projects from inception through completion, ensuring timelines, deliverables, and business objectives are achieved

Governance, Analytics & Operational Excellence

Increase managed spend by ensuring purchases are supported by valid contracts and approved sourcing processes

Drive payment-term standardization and working capital initiatives in alignment with global procurement strategies

Develop spend analysis, category dashboards, market trend assessments, and savings pipeline reporting to support leadership decisions

Ensure adherence to procurement governance, internal controls, global compliance policies, and SOX audit requirements





Who You Are

Bachelor’s degree in Supply Chain Management, Finance, Accounting, or a related field

10–13 years of core experience in Strategic Sourcing, Category Management, or Vendor Commercial Sourcing

Proven experience managing complex, multi-million-dollar RFPs and multi-regional sourcing programs across global markets

Strong expertise in commercial negotiations, supplier management, cost optimization, payment terms, and contract lifecycle management

Advanced proficiency in MS Excel or Google Sheets, including Macros, Pivot Tables, and Data Models; experience with Smartsheet and e-RFP platforms is preferred

Strong experience with spend analysis, category benchmarking, data modeling, and developing sourcing strategies from business data

Experience working with SAP/ERP systems and contract lifecycle management tools; knowledge of procurement technology platforms is an advantage

Exceptional negotiation, influencing, communication, and stakeholder management skills, with the ability to influence senior and VP-level stakeholders without direct authority

Strong commercial acumen, analytical thinking, problem-solving skills, and a strategic mindset with a proven focus on delivering measurable results

What We Offer

Competitive compensation and benefits package

Support for work-life balance, including time-off programs

Hybrid work opportunities, where applicable

Learning and development support

Employee product discounts

An inclusive, collaborative, and values-driven workplace

📌 Lead - Global Purchasing - Procurement (Bengaluru)
🏢 Fossil Group
📍 Bengaluru