Procurement Specialist / Buyer

Siemens España; Mumbai; On-site; INR 1,500,000 - 2,100,000; Full time

Job summary

Siemens AG in Mumbai seeks a seasoned Procurement Specialist / Buyer to drive commodity strategies and align global sourcing with local manufacturing needs.

You will lead supplier negotiations, manage contracts, and push sustainability and digital procurement initiatives while collaborating with CVE, NPD, Quality, and Engineering teams to optimize cost and supply continuity.

Qualifications

• Bachelor's Degree in Mechanical or Electrical Engineering or related discipline.
• 8–10 years in Procurement, Strategic Sourcing or Buyer roles in manufacturing or engineering.
• Experience sourcing Electrical and Mechanical Assemblies and related components.
• Knowledge of RFQs, supplier assessment, contract management and commercial negotiations.
• Hands-on with e-Sourcing platforms and Sustainability and digital procurement processes.
• Ability to drive supplier performance improvements through supplier relationship and performance management.
• Strong stakeholder management, collaboration, communication, and cross-functional teamwork skills.
• Strategic Sourcing & Commodity Management; Risk Management & Supply Continuity; Sustainability & Digital Procurement; Stakeholder Management & Cross-functional Collaboration

Responsibilities

• Develop and execute commodity strategies aligning global sourcing with local business requirements.
• Lead supplier negotiations across varying purchase volumes to achieve targeted cost savings and improved terms.
• Manage supplier contracts and commercial agreements to ensure continuity and mitigate risks.
• Champion sustainability initiatives and digital procurement projects within procurement.
• Maintain understanding of commodity cost structures and identify opportunities for cost optimization.
• Conduct cost analyses, benchmarking, and cost breakdowns to support sourcing decisions.
• Collaborate with CVE, NPD, Quality, and Engineering to leverage supplier innovation.
• Drive supplier performance management focusing on quality, delivery, cost competitiveness, and continuous improvement.
• Ensure and drive supply chain governance within department.
• Manage and coordinate service contract activities; drive central procurement initiatives.

Skills

Strategic sourcing

Supplier relationship management

Cost optimization

Stakeholder management

Cross-functional collaboration

Negotiation skills

Analytical skills

RFQ process

Education

Bachelor's degree in Mechanical or Electrical Engineering or related discipline

Tools

e-Sourcing platforms

Procurement tools

Spend analysis tools

Job description

SCM-Procurement / Supply Chain Logistics

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.
• Strong 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.
• Strategic Sourcing & Commodity Management
• Risk Management & Supply Continuity
• Sustainability & Digital Procurement
• Stakeholder Management & Cross-functional Collaboration