Join Chain IQ as a High-impact Sourcing Consultant for Market Data Services in Pune.

Responsibilities

Chain IQ is currently in search of a Sourcing Consultant to join their Market Data Services Team. The ideal candidate should be a dynamic, client-focused individual with expertise in Market Data Services. As a Sourcing Consultant, your responsibilities will include:

Establishing and nurturing strong relationships with stakeholders and key suppliers.
Leading various sourcing initiatives, ranging from routine renewals to strategic acquisitions, in global markets.
Understanding business requirements and structuring deals to align with those needs.
Negotiating deals to secure optimal commercial terms.
Drafting contracts based on standard terms and conditions, in collaboration with the Legal Department.
Identifying and implementing opportunities to achieve savings for our clients and deliver tangible benefits.
Global sourcing of the Market Data Services category.
Managing day-to-day operational processes to ensure the accurate and timely ordering and receipt of services.
Providing support to key stakeholders throughout the sourcing lifecycle.
Optimizing all purchasing activities to ensure the best outcomes in alignment with procurement policies and client requirements.
Maintaining and managing a database of contracts within the client’s internal systems.
Staying updated on market trends within assigned categories, leveraging your experience to contribute to sourcing area plans and opportunity assessments.

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Job Requirements

To excel in this role, you should meet the following requirements:

A university degree in Business Administration, Finance, Economics, Supply Chain Management, or equivalent (bachelor’s degree).
A general understanding of Sourcing Operations and Tactical Buying processes, along with best practices.
A minimum of 5+ years of progressive experience in indirect procurement, including 2+ years of specific experience in the Market Data Services category within an international (corporate) environment.
Proven experience in reviewing, negotiating, and executing contracts with vendors.
Proficiency in conducting tenders (RFI, RFP, RFQ).
Specific expertise in Market Data Services and other professional services is highly preferred.
Understanding of typical risks and contractual mitigation/management.
Strong problem-solving, relationship management, escalation management, and influencing skills with a strong customer-service orientation.
Exceptional attention to detail.
Experience working with leading sourcing tools and systems would be a significant advantage.
Excellent written and verbal communication skills in English (native, C1, or equivalent). Proficiency in additional languages is considered a plus.

If you meet these requirements and are ready to take on an exciting role with a global leader, careerlaxmi encourage you to apply for this position at Chain IQ. Join Chain IQ team where your skills and expertise will be highly valued, and where you can have a meaningful impact in the world of procurement. Apply now!