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Tech Stack
Tools & technologiesPMP
About the role
Key responsibilities & impact- Support development and execution of category strategies for professional services spend
- Identify opportunities for rate optimization, vendor consolidation, and scope rationalization
- Manage demand pipelines and align sourcing with organizational priorities
- Execute sourcing engagements across consulting firms, system integrators, staffing vendors, legal firms, and BPO providers
- Develop and manage rate cards, benchmarking, and pricing frameworks across service providers
- Negotiate resource mix, utilization assumptions, and delivery models (onshore/offshore)
- Manage 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
- Liaise with legal, business and supplier to finalize contracts
- Co-ordination with various stakeholders for setting up meetings, presentations and other sessions
- Partner with business stakeholders, Finance, Legal, and delivery teams to understand requirements and drive sourcing outcomes
- Track and report savings, cost avoidance, and spend visibility across professional services categories
Requirements
What you’ll need- Bachelor’s Degree
- 5+ years of sourcing/procurement experience with a focus on professional services, consulting, advisory, BPO etc
- 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
- 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.
Benefits
Comp & perks- EXL never requires or asks for fees/payments or credit card or bank details during any phase of the recruitment or hiring process.
- Opportunity to work with a leading data analytics and digital operations company.
- Professional environment to develop strategic sourcing and procurement skills.
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
sourcingprocurementvendor managementrate optimizationbenchmarkingpricing frameworksRFP developmentmarket researchsupplier evaluationcontract negotiation
Soft Skills
communicationproject managementorganizational skillsattention to detailstakeholder collaborationnegotiationanalytical skillsmulti-taskingproblem-solvingleadership
Certifications
Bachelor's DegreeCertified Professional in Supply Management (CPSM)Project Management Professional (PMP)