Senior Specialist, Strategic Sourcing

Exemplar Luxury Group India; Bengaluru; On-site; INR 1,200,000 - 2,100,000; Full time

Benefits offered by this job

Comprehensive benefits package

Job summary

Exemplar Luxury Group in Bengaluru seeks a Senior Specialist in Strategic Sourcing & Procurement to lead strategic sourcing events, write and negotiate SOWs, and analyze spend across indirect categories. You will drive savings, manage supplier governance, and partner with stakeholders to mitigate risk in a fast-paced luxury retail environment.

The role emphasizes collaboration with multiple corporate functions and ongoing contract management, contributing to bottom-line value and operational

Qualifications

• Bachelor’s or Master’s degree in supply chain management, engineering, or business.
• 4–6 years of experience in Strategic Sourcing.
• Proven ability to lead sourcing projects, contract negotiations and drafting, and drive savings/value.
• Strong communication and relationship-building skills.
• Experience coordinating teams and gathering insights.
• Understanding of multi-step strategic sourcing processes and tools.

Responsibilities

• Understand indirect category sourcing processes to deliver targets and strategy.
• Conduct total cost modeling and sensitivity analyses for decision support.
• Lead indirect sourcing initiatives and drive strategic improvements.
• Use sourcing tools to refine procurement processes and policies.
• Manage relationships with stakeholders and provide status updates.
• Collaborate withFinance, Legal and other functions on sourcing projects.
• Oversee supplier governance and ensure compliance with standards.
• Lead multiple indirect sourcing initiatives across categories.
• Support commercial 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 contract compliance.

Skills

Strategic sourcing

Contract negotiations

Vendor management

Stakeholder communication

Team coordination

Sourcing tools

Education

Bachelor/Master in supply chain or related field

Tools

Sourcing tools platforms

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