Lead - Global Purchasing - Procurement

Fossil Group; Bengaluru; Hybrid; INR 2,500,000 - 4,200,000; Full time

Benefits offered by this job

Competitive compensation and benefits

Hybrid work opportunities

Work-life balance time-off programs

Learning and development support

Employee product discounts

Inclusive, collaborative workplace

Job summary

Fossil Group in Bengaluru, Karnataka, seeks a Team Lead – Strategic Sourcing to drive end-to-end sourcing programs across NAM, EMEA, and APAC. You will lead RFPs, supplier evaluations, and complex negotiations to deliver hard and soft savings, optimize working capital, and strengthen the supplier base.

You will partner with stakeholders, manage category strategies, and ensure governance and compliance across global contracts, while mentoring teams and delivering measurable value.

Qualifications

• 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.

Responsibilities

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

Skills

Negotiation

Stakeholder management

Data analysis

Sourcing strategy

Cross-functional collaboration

Education

Bachelor's degree in SCM/Finance/Accounting

Tools

SAP/ERP systems

Smartsheet

e-RFP platforms

MS Excel/Google Sheets

Job description

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 strong 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