Souricng Lead

EXL; United States; On-site; USD 90,000 - 130,000; Full time

Job summary

EXL is seeking an experienced Sourcing Lead to manage end-to-end sourcing, understand business needs, and perform vendor research to identify potential participants and secure contracts. You will develop and publish RFPs in Ariba, conduct market analyses, and lead supplier selection, negotiations, and contracting across Tech and Services categories.

The role requires coordinating with internal stakeholders, driving RFx events, NDA management, and ensuring timely completion of tasks.

Qualifications

• Bachelor's degree required; 5+ years in sourcing/procurement.
• Experience with end-to-end sourcing and vendor selection.
• Strong communication and stakeholder management.
• Knowledge of Ariba Sourcing and contract workspace.
• Professional certifications (CPSM or PMP) a plus.

Responsibilities

• Develop and execute sourcing strategies for Tech and Services.
• Manage end-to-end sourcing cycle from requirements to contracting.
• Publish RFIs/RFPs and evaluate suppliers.
• Negotiate contracts, terms, and pricing (MSA/SOW).
• Coordinate with legal, business and suppliers; maintain project plans.
• Lead supplier evaluations and contract finalization.

Skills

Sourcing strategy

Vendor management

Contract negotiation

Project management

Communication skills

Education

Bachelor's Degree

Tools

SAP Ariba

Job description

We are seeking experienced Sourcing Lead to manage end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to get the contract signed

Responsibilities:

• Develop and execute sourcing strategies for Tech and Services categories.
• Managed end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed
• Develop and published RFP in Ariba
• Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and gather market intelligence to support decision-making
• Lead supplier selection and qualification processes, including issuing RFIs, RFPs, and conducting supplier evaluations and negotiations
• Collaborate with internal stakeholders to understand their requirements and ensure the sourcing strategy meets their needs
• Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements that optimize value while mitigating risks
• Manage project plan for all assigned sourcing requests from requirement gathering to contracting
• Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements (MSA/SOW) that optimize value while mitigating risks
• Liaise with legal, business and supplier to finalize contracts
• Document and analyze supplier responses to ensure it contains valid and detailed information
• Co-ordination with various stakeholders (business, procurement, suppliers) for setting up meetings, presentations and other sessions
• Liaising with business stakeholders, procurement team and suppliers to ensure timely and successful completions of tasks and activities (related to RFx events, NDA management and contracting)
• Maintaining project plans/ tracker for all requests and sourcing events, including timely reporting to all stakeholders

Qualifications:

• Bachelor's Degree
• 5+ years of sourcing/procurement experience with a focus on
• Proven experience as a Sourcing Specialist, Procurement Specialist, or similar role
• Strong knowledge of strategic sourcing methodologies, procurement best practices, and supplier management
• Must possess excellent verbal and written communication skills
• Good project management/ business analysis/ process analysis skills
• Working knowledge of SAP Ariba, primarily in Sourcing and Contract workspace
• Strong organizational skills with attention to detail and ability to manage multiple priorities
• Professional certifications such as Certified Professional in Supply Management (CPSM) or Project Management Professional (PMP) Certification will be a plus

Business hours: US 9-5 EST hours

The posted base salary range is the hiring base salary range for this role. Final offers are based on several factors, including: the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position.