Senior Specialist, Strategic Sourcing

Exemplar Luxury Group India; Bengaluru; On-site; INR 1,400,000 - 2,100,000; Full time

Benefits offered by this job

Comprehensive benefits

Job summary

Exemplar Luxury Group is seeking a Senior Specialist in Strategic Sourcing & Procurement to develop and lead strategic sourcing events of moderate complexity, write and negotiate SOW terms, and analyze spend in indirect categories. The role aims to deliver savings while minimizing risks and fostering internal and external relationships.

You will partner with multiple corporate functions and manage supplier governance across secure and compliant processes, contributing to value creation and

Qualifications

• Bachelor's or master's in supply chain, engineering or business.
• 4–6 years of experience in strategic sourcing.
• Experience leading sourcing projects and contract negotiations.
• Strong communication and stakeholder management skills.
• Ability to coordinate teams and collect insights.

Responsibilities

• Understand indirect category sourcing processes and support initiatives to meet targets.
• Conduct total cost modeling and scenario analysis.
• Lead indirect sourcing initiatives under supervision.
• Use sourcing tools to improve procurement processes and policies.
• Manage stakeholder relationships and provide status updates.
• Collaborate with FP&A, Legal and other functions on sourcing projects.
• Manage supplier governance and ensure compliance of strategic vendors.
• Lead multiple indirect sourcing initiatives across categories.
• Support negotiations to deliver cost savings and value creation.
• Assist in contract renewal management.
• Execute RFI/RFP under supervision and provide negotiation support.
• Manage vendor onboarding, offboarding, performance and compliance.

Skills

Strategic sourcing

Contract negotiations

SOW drafting

Vendor management

Stakeholder communication

Education

Bachelor's/master's in supply chain/engineering/business

Tools

Sourcing tools

Job description

Exemplar Luxury Group, formerly Saks Global, is the luxury collective that comprises iconic luxury retailers, Neiman Marcus, Saks Fifth Avenue and Bergdorf Goodman. Driven by a relentless devotion to our customers and powered by our talented colleagues, we offer curated product assortments, unparalleled service and personalized experiences across our integrated retail model. Through strong partnerships with the world's most esteemed names in luxury and deep customer relationships enhanced by the industry's most comprehensive insights, Exemplar Luxury Group is uniting coveted brands with unrivaled customer experiences.

Role Summary:

As a Senior Specialist in Strategic Sourcing & Procurement, you'll be responsible for working with your manager to: develop and lead strategic sourcing events of moderate complexity; writing and negotiating SOW terms and conditions; and analyzing spend associated with specific indirect spend categories. Your work will positively impact bottom-line results/value while minimizing risks, foster internal and external relationships.

Responsibilities:

• Understanding of indirect category sourcing process. Support indirect sourcing initiatives for multiple indirect categories to deliver on operational targets, savings goals, and business strategies.
• Conduct total cost modeling and sensitivity/scenario analysis to help team members understand trade-offs and benefits to multiple outcomes
• Lead sourcing initiatives under supervision of sourcing manager for Indirect categories, driving strategic improvements.
• Use sourcing tools to support departmental efforts to refine and improve procurement processes and policies.
• Manage relationships with business stakeholders and provide regular project status updates.
• Partner with multiple corporate functions (e.g., Financial Planning & Analysis, Accounting, Legal, etc.) as part of your sourcing projects and related activities.
• Manage supplier governance models, ensuring critical strategic vendors adhere to operational, financial, and regulatory compliance standards.
• Simultaneously Lead multiple indirect sourcing initiatives for different Indirect categories
• Support commercial and contract negotiations to deliver cost savings, cost avoidance, and value‑creation targets through structured sourcing methods.
• Assist in the management of the contract renewal process.
• Execute RFI/RFP under supervision of Sourcing Manager and provide negotiation support.
• Manage the vendors regarding onboarding, offboarding, performance, and contract compliance

Key Qualifications:

• Bachelor/master’s degree in supply chain management, engineering, or business
• 4 to 6 years of experience in Strategic Sourcing
• Demonstrated capabilities of leading sourcing projects, contract negotiations and authoring, and driving savings/value
• Ability to build relationships through verbal and written communication and interpersonal skills
• Strong relationship-building, verbal and written communication, interpersonal, motivational, and influencing skills; coordination across related disciplines and with key stakeholders.
• Experience coordinating teams and collecting insights.
• Understanding of multi-step strategic sourcing processes, sourcing tools, and strategies.

Your Life and Career at Exemplar Luxury Group:

• Opportunity to work in a dynamic fast paced environment at a company experiencing growth and transformation
• Exposure to rewarding career advancement opportunities across the largest multi-brand luxury retailer from retail to distribution, to digital or corporate
• Comprehensive benefits package for all eligible full-time employees