Procurement Sourcing Specialist
Sapphire Partners · Bengaluru
Job description
About the role
ThoughtSpot’s Procurement team is undergoing a transformation to centralise intake, automate workflows and provide CFO‑level visibility across spend. As a Procurement Sourcing Specialist you will own a high‑volume RFQ/PR pipeline, manage vendor relationships for indirect categories—primarily SaaS—and drive cost‑saving initiatives in a fast‑moving, global environment.
Key responsibilities
- Manage and prioritise a high‑volume pipeline of RFQ and PR requests, ensuring SLA adherence and flagging bottlenecks.
- Lead end‑to‑end RFP processes: scope requirements, run competitive sourcing events and award contracts.
- Own the full vendor lifecycle, including onboarding, performance tracking, master‑data maintenance and compliance checks.
- Support and eventually facilitate Quarterly Business Reviews with strategic vendors.
- Track contract expirations, initiate renewal conversations 90 days in advance and coordinate with Legal and Finance.
- Identify and execute cost‑optimization opportunities through consolidation, competitive bids and data‑driven negotiations.
- Leverage AI tools and automation to reduce manual effort in sourcing, vendor management and reporting.
- Build and maintain trackers and dashboards in Excel or Google Sheets and propose workflow automations.
Required profile
- Bachelor’s degree in Engineering, Commerce, Management or a related field.
- 4–6 years of procurement or sourcing experience, preferably in a SaaS or technology company.
- Proven track record in vendor negotiations, RFP management and contract renewals.
- Strong analytical instincts and ability to work independently in a high‑velocity environment.
Required skills
- Advanced proficiency in Excel (pivot tables, formulas, basic dashboarding).
- Google Sheets expertise.
- Basic knowledge of SQL for data queries.
- Familiarity with Python or JavaScript scripting for simple automation tasks.
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Published 1 month ago
Expires 2 weeks from now
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Sapphire Partners
Bengaluru
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