Procurement Specialist / Buyer

Key Responsibilities
• Develop and execute commodity strategies for assigned spend categories, ensuring alignment between global sourcing initiatives and local business requirements.
• Plan, prepare, and independently lead supplier negotiations across varying purchase volumes to achieve targeted cost savings, improved commercial terms, and optimized payment conditions.
• Manage supplier contracts and commercial agreements to ensure business continuity, mitigate supply risks, and support organizational objectives.
• Champion sustainability initiatives and digital transformation projects within the procurement function.
• Maintain a strong understanding of commodity cost structures and proactively identify opportunities for cost optimization and value creation.
• Conduct detailed cost analyses, benchmarking, and cost breakdown assessments to support sourcing decisions and negotiation strategies.
• Collaborate closely with Cost Value Engineering (CVE), New Product Development (NPD), Quality, and Engineering teams to leverage supplier innovation and support product development programs.
• Drive supplier performance management initiatives focusing on quality, delivery, cost competitiveness, and continuous improvement.
• Ensure and drive supply chain governance within department
• Managing and Coordinating service contract activities
• Drive central procurement initiatives for the department like supplier performance management, claim management, contract management Desired Skills & Qualifications
• Bachelor's Degree in Mechanical Engineering, Electrical Engineering, or a related discipline.




• 8–10 years of relevant experience in Procurement, Strategic Sourcing, or Buyer roles within manufacturing or engineering industries.
• Strong experience in sourcing and procurement of Electrical and Mechanical Assemblies and related components.
• In-depth knowledge of procurement processes, including RFQs, supplier assessment and selection, contract management, and commercial negotiations.
• Hands-on experience with e-Sourcing platforms, procurement tools, Sustainability and digital procurement processes.
• Demonstrated ability to drive supplier performance improvements through effective supplier relationship and performance management.
• Robust stakeholder management, collaboration, communication, and cross-functional teamwork skills.
• Innovative and strategic mindset with expertise in vendor development, supply continuity, quality assurance, risk management, and cost optimization.
• Strong analytical capabilities with proficiency in cost modelling, market intelligence, and spend analysis. Key Competencies
• Strategic Sourcing & Commodity Management
• Supplier Negotiation & Contract Management
• Risk Management & Supply Continuity
• Sustainability & Digital Procurement
• Stakeholder Management & Cross-functional Collaboration
• Supplier Development & Performance Improvement Job ID 525534 Posted since 02-Nov-2026 Organization Smart Infrastructure Field of work SCM-Procurement / Supply Chain Logistics Company Siemens Limited Experience level Experienced Professional

Job type
Full-time Work mode Office/Site only Employment type Permanent Location(s)
• Mumbai
- Maharashtra
- India

📌 Procurement Specialist (Mumbai)
🏢 Siemens
📍 Mumbai