Sourcing Consultant

Artech; Bengaluru; Presencial; INR 600.000 - 1.200.000; Jornada completa

Descripción de la vacante

Artech in Bengaluru is seeking a Strategic Sourcing & Commercial Analyst to lead negotiations and manage supplier contracts. The role involves negotiating MSAs, SOWs, amendments, and renewals, and coordinating redlining and execution with internal teams.

You will support RFx processes, evaluate proposals, benchmark pricing, and identify cost-saving opportunities while ensuring alignment with legal and procurement best practices.

Formación

• 2+ years of experience in sourcing, procurement, vendor management, contract management, or commercial negotiations.
• Hands-on experience negotiating or managing technology, software, market data, HR, CPG, or other supplier contracts.
• Working knowledge of MSAs, SOWs, contract amendments, renewals, and commercial terms.
• Experience with RFx processes, supplier evaluation, pricing analysis, and cost benchmarking.
• Understanding of commercial risk, contract law principles, supplier economics, and procurement best practices.
• Experience collaborating with Legal, Risk, Compliance, and other internal stakeholders.
• Strong analytical, problem-solving, negotiation, and stakeholder-management skills.
• Excellent verbal and written communication skills.

Responsabilidades

• Negotiate supplier agreements, SOWs, MSAs, amendments, renewals, and commercial contracts.
• Negotiate pricing, payment terms, service levels, liability provisions, termination clauses, and other commercial terms.
• Collaborate with suppliers and internal stakeholders to identify cost-saving opportunities and improve outcomes.
• Review contracts and coordinate redlining, revisions, approvals, and execution.
• Track contract renewals, milestones, and negotiation timelines to ensure timely closure of sourcing transactions.
• Develop negotiation strategies using market benchmarks, pricing analysis, and supplier comparisons.
• Support RFx processes and supplier evaluations, including pricing analysis and market research.

Conocimientos

Negotiation

Contract management

Stakeholder management

Analytical thinking

Communication skills

Sourcing

Herramientas

MS Excel

MS Word

RFx tools

Descripción del empleo

• Support and lead negotiations for supplier agreements, Statements of Work (SOWs), Master Service Agreements (MSAs), amendments, renewals, and commercial contracts.
• Negotiate pricing, payment terms, service levels, liability provisions, termination clauses, and other commercial terms.
• Work with suppliers and internal stakeholders to identify cost-saving opportunities and improve commercial outcomes.
• Review contracts and coordinate redlining, revisions, approvals, and execution.
• Track contract renewals, milestones, and negotiation timelines to ensure timely closure of sourcing transactions.
• Assist in developing negotiation strategies using market benchmarks, pricing analysis, and supplier comparisons.

Strategic Sourcing & Commercial Analysis

• Support sourcing initiatives, including RFx processes (RFI, RFP, and RFQ), supplier evaluation, and commercial negotiations.
• Analyze supplier proposals, pricing structures, and cost models to identify savings and value opportunities.
• Conduct market research and benchmarking to support sourcing decisions.
• Maintain supplier relationships and collaborate with internal teams to resolve commercial issues.
• Prepare negotiation summaries, commercial comparisons, and recommendations for stakeholders.

Required Experience

• 2+ years of experience in sourcing, procurement, vendor management, contract management, or commercial negotiations.
• Hands-on experience negotiating or managing technology, software, market data, HR, CPG, or other supplier contracts.
• Working knowledge of MSAs, SOWs, contract amendments, renewals, and commercial terms.
• Experience with RFx processes, supplier evaluation, pricing analysis, and cost benchmarking.
• Understanding of commercial risk, contract law principles, supplier economics, and procurement best practices.
• Experience collaborating with Legal, Risk, Compliance, and other internal stakeholders.
• Strong analytical, problem-solving, negotiation, and stakeholder-management skills.
• Excellent verbal and written communication skills.