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Strategic Sourcing Support Analyst

Medknow Publications
Kolkata, Pune
3-8 Years
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Job Description

  • Responsibilities:
  • Support for Strategic Renewal Projects:Assist sourcing leadership on strategic renewal projects by providing support throughout the sourcing lifecycle. This includes activities such as supplier research, supplier analytics evaluation, cost analysis, supplier benchmarking and supporting negotiations.
  • Data-Driven Analysis and Decision Support:Deliver detailed cost and supplier analyses by consolidating data from various sources to provide accurate insights. These analyses enable sourcing teams to evaluate options effectively and drive informed, data-driven decision-making.
  • Analytical Reporting and Insights:Provide and deliver analytical reports on a regular cadence as well as for ad-hoc requests. These reports will cover areas such as supplier performance, project volume, and other metrics required to support leadership decision-making.
  • Create Comprehensive Contract Summaries:Develop detailed contract summary pages for upcoming renewals, highlighting key terms, conditions, renewal timelines, cost structures, performance metrics, and any identified risks or opportunities. These summaries will provide stakeholders with a clear and concise overview to facilitate informed decision-making and efficient renewal planning.
  • Prepare Sourcing Project Presentations:Assist Sourcing Leadership in creating concise presentations for senior management, highlighting key project objectives, timelines, cost savings, and supplier performance to support strategic decision-making.
  • Renewal Planning and Management:Proactively manage the contract renewal cycle by acting as a gatekeeper for upcoming renewals, engaging stakeholders and sourcing managers. Plan and organize sourcing activities by entering them into the system and preparing base case information.
  • Category Team Support and Operational Assistance:Support multiple Indirect category Sourcing Teams as needed to ensure efficient sourcing operations, including PO and invoice assistance, administrative oversight on deals, contract management, tracking project milestones, maintaining supplier records, and coordinating cross-functional communication to streamline processes.
  • Stakeholder Management:Build and nurture strong supplier relationships through proactive collaboration, open communication, and mutual trust to support long-term partnerships and operational success. Addressing conflicts promptly through open and transparent communication to prevent escalations and maintain positive partnerships.
  • Requirements:
  • Education:Bachelor s degree in business, Finance, Engineering, or a related field.
  • Experience:A minimum of 3 years of professional experience in a Strategic Sourcing function or a related analytical role, such as consulting, supply chain management, finance, or business analytics. As this role involves direct partnership with leadership, candidates must demonstrate a solid level of experience in sourcing or a strong ability to adapt and excel in a dynamic environment.
  • Analytical Skills:Strong analytical and quantitative abilities must have some experience in evaluating costing proposals and effectively communicating insights to support informed decision-making.
  • Communication and Interpersonal Skills:Excellent oral and written communication skills in English, with a strong ability to build collaborative relationships and effectively engage with diverse stakeholders across all levels.
  • Time Management and Resilience:Ability to work under pressure and consistently deliver high-quality results within tight deadlines.
  • Adaptability and Flexibility:Demonstrated ability to excel in dynamic, unstructured environment where priorities frequently shift and require quick adjustments.
  • Problem-Solving and Proactivity:Must exhibit a proactive mindset, adaptability, and creativity in identifying and resolving challenges effectively.
  • Technical Proficiency:Proficiency in Microsoft Office Suite, strong Excel experience.
  • Preferable having prior experience in eSourcing tools - COUPA, ARIBA, etc.
  • Language Requirements:Fluency in English is required.

More Info

Job Type:
Permanent Job
Industry:
Medical
Role:
ERP/CRM - Support Engineer
Function:
IT
Employment Type:
Full time
Open to candidates from:
Indian

About Company

Medknow Publications

Medknow is a leading publisher of peer-reviewed scholarly open access journals. Medknow is: - One of the largest global open access services provider - Professional health information for clinicians, physicians, nurses, and students - Covers a wide range of subject areas in 40+ specialties, from Dermatology to Orthopaedics to Psychiatry - Indexed in a large number of leading bibliographic database It has a very strong global portfolio of over 450 leading titles and publishes on behalf of over 415 medical associations and societies, worldwide Medknow partners with societies to help them build and innovate their journal brand. It value adds the publishing by creating value for society members and readers by managing publishing, marketing, editorial, production, and subscriptions. Medknow is also committed to improving the visibility and accessibility of the content, globally.

Job ID: 120339217

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Last Updated: 17-03-2026 06:07:50 AM
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