Enabling Areas - Administration - Deputy Manager - Procurement - Delhi • Job requisition ID : 108376 • Location: Delhi • Entity: Deloitte Shared Services India LLP Deputy Manager - Enabling Areas - Procurement - Administration Location - Delhi The Team We are seeking a proactive and detail-oriented Sourcing Specialist to join our team. The successful candidate will be responsible for identifying, attracting, and engaging qualified candidates for a variety of roles, focusing on both IT and non-IT procurement. This role requires strong communication skills, an understanding of different market trends, and the ability to source for a diverse range of products. Your Work Profile Supplier Identification and Evaluation: • Conduct thorough research to locate suitable suppliers for designated product or service categories. • Assess potential suppliers based on criteria including cost-effectiveness, quality standards, reliability, and regulatory. • Monitor supplier performance and foster strong relationships to ensure ongoing collaboration. Negotiation and Contract Management: • Engage in negotiations with suppliers to secure advantageous contract terms and pricing. • Oversee existing contracts to ensure adherence to agreements and swiftly resolve any arising issues. Market Analysis and Trend Monitoring: • Continuously monitor market trends, competitor strategies, and advancements within the industry. • Evaluate market conditions to uncover opportunities for optimizing costs and enhancing processes. Collaboration and Communication: • Partner with internal teams (such as procurement, engineering, and quality assurance) to gather insights and align sourcing efforts with organizational needs. • Maintain open lines of communication with suppliers, clearly articulating expectations and addressing any concerns. Data Management and Reporting: • Keep precise records of supplier data, contractual obligations, and performance indicators. • Prepare reports that provide stakeholders with valuable insights into sourcing activities and results. • Cost Reduction Initiatives: • Identify strategies for cost reduction through careful supplier negotiations and process enhancements. • Monitor and analyze cost metrics, identifying areas ripe for further savings. • Risk Assessment and Mitigation: • Evaluate risks associated with suppliers and the supply chain, devising strategies to mitigate potential impacts. • Formulate contingency plans to prepare for any disruptions in supply continuity. People Management: · Build relationships with internal and client stakeholders. · Resource & performance management for reporting team · Actively drive hiring of junior practitioners • Client interfacing skills • Risk Assessment and Mitigation: • Evaluate risks associated with suppliers and the supply chain, devising strategies to mitigate potential impacts. • Formulate contingency plans to prepare for any disruptions in supply continuity. Key Skills Required • Master’s in business administration, • Proven experience minimum of 5-8 years as a Sourcing Specialist preferably in both IT and non-IT sectors. • Strong understanding of various sourcing methods and techniques, • Familiarity with SAP, Ariba and Oracle Modules • Excellent communication and interpersonal skills. • Ability to work independently and manage multiple priorities in a fast-paced environment.