Advance Sourcing Analyst, Procurement
Novo Nordisk
full-time
Posted on:
Location Type: Office
Location: Bangalore • 🇮🇳 India
Visit company websiteJob Level
SeniorLead
Tech Stack
PMP
About the role
- Lead end-to-end sourcing events (RFP/RFQ/RFI), manage high-value negotiations, and drive competitive outcomes.
- Collaborate with Procurement/Category Managers to develop category strategies, supplier roadmaps, and long-term cost/value optimisation plans.
- Build cost models, TCO frameworks, and business cases to support award decisions.
- Conduct supplier assessments, manage supplier performance scorecards, and drive improvement programmes.
- Lead commercial discussions and coordinate with Legal teams to finalise contracts, MSAs, SOWs, SLAs, and pricing agreements.
- Ensure compliance with procurement policies, audit readiness, and internal controls.
- Analyse spend patterns, identify sourcing opportunities, and present actionable insights to stakeholders.
- Engage with cross-functional teams to understand requirements and influence commercial decisions.
- Champion process excellence, digital transformation, and adoption of e-sourcing tools.
Requirements
- 8–10 years of experience in Strategic Sourcing or Procurement.
- Proven experience managing complex, high-value sourcing events across indirect categories (e.g., IT services, professional services, facilities, marketing, HR, travel).
- Strong commercial negotiation skills and advanced understanding of procurement cost levers.
- Expertise in Excel modelling, analytics, scenario analysis, and PowerPoint storytelling.
- Hands-on experience with e-sourcing tools (e.g., Ariba, Coupa, SAP).
- Solid knowledge of contract structures, SLAs, KPIs, risk management, and compliance.
- Bachelor’s or master’s degree in business, Supply Chain, Engineering, or related field.
- Certifications such as CPSM, CIPS, Lean Six Sigma, or PMP is nice to have.
- Experience in global organisations, GCCs, shared services, or fast-paced procurement environments.
Benefits
- Health insurance
- Professional development opportunities
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
strategic sourcingprocurementnegotiationcost modellingTCO frameworkssupplier assessmentanalyticsscenario analysiscontract managementcompliance
Soft skills
collaborationstakeholder engagementprocess excellenceinfluencecommunication
Certifications
CPSMCIPSLean Six SigmaPMP