Strategic Sourcing Analyst Job in Bengaluru at Ingersoll Rand

Responsibilities of the Candidate:

• Collaborate with cross-functional teams to understand business needs and align sourcing strategies with organizational goals.
• Develop and implement strategic sourcing plans to achieve cost savings and efficiency improvements.
• Monitor supplier performance and manage relationships to ensure high-quality and timely delivery of goods and services.
• Analyze spend data and generate reports to track sourcing performance and identify areas for improvement.
• Support Sourcing Manager in NWC initiatives.
• Analyzing market commodity prices and distributing data weekly.
• Support e-Auctions and other competitive bidding processes to drive cost reductions.
• Pursue inflation claw backs and other cost recovery initiatives.
• Conduct market research and analysis to identify sourcing opportunities and trends.
• Understand and document business processes, connecting actions to outcomes.
• Assists with both regular and ad hoc reporting and data analyses.
• Performs other responsibilities as assigned or required by the manager.

Requirements:

• Proven experience in strategic sourcing, procurement, or supply chain.
• Ability to support the USA time zone and work well in a virtual team environment
• Excellent written, verbal and interpersonal communication skills with good command of English language
• Strong analytical and problem-solving skills
• Proficiency in data analysis tools and ERP software.
• Ability to work collaboratively with cross-functional teams
• Detail-oriented with a strong focus on accuracy and quality
• Experience in the medical device or healthcare industry.
• Knowledge of e-Auction platforms and processes.
• Knowledge of IQMS and PowerBi
• Certification in supply chain management (e.g., CPSM, CSCP).