Sourcing Associate
Role Overview
The Sourcing Associate sources goods and services for business processes across indirect and commercial indirect categories.
The role covers sourcing execution, supplier and market research, contract administration, data analysis, KPI reporting, value delivery, and governance.
Key Skills for This Role
Full Job Posting
About the Role
The Sourcing Associate sources goods and services for business processes across indirect and commercial indirect categories.
The role covers sourcing execution, supplier and market research, contract administration, data analysis, KPI reporting, value delivery, and governance.
Sourcing Execution
- Execute RFI, RFP, and RFQ events under sourcing lead guidance and in accordance with procurement policies.
- Prepare scopes of work, supplier questionnaires, evaluation criteria, tender packages, and event documentation.
- Manage supplier communications, coordinate questions and answers, and maintain sourcing event trackers in SAP Ariba.
- Ensure sourcing activities are accurately documented and completed within agreed timelines.
Supplier and Contract Management
- Research supplier markets and maintain current knowledge of assigned indirect and commercial indirect categories.
- Identify and evaluate suppliers using capability, compliance, and pricing information.
- Support contract drafting, review coordination, approval workflows, supplier onboarding, and due diligence.
- Maintain contract records and monitor renewals, expirations, performance milestones, and ethical sourcing compliance.
Analysis and Governance
- Analyze supplier proposals and prepare objective evaluation summaries for sourcing lead review.
- Conduct spend analysis to identify savings opportunities and support the category savings pipeline.
- Monitor procurement KPIs, maintain data accuracy, and contribute to savings and preferred supplier initiatives.
- Ensure sourcing activities comply with procurement policies, standard operating procedures, and governance standards.
Collaboration
- Engage operational stakeholders and collaborate with category managers and supporting functions.
- Work with operational buyers in Central Finance to support execution and service delivery.
- Provide smooth handover of sourcing inputs and outputs for operational RFX execution.
Education and Experience
- Bachelor’s degree in a relevant field is required.
- At least 4 years of procurement, sourcing, or supply chain experience is required.
- Experience across indirect categories is required.
- Experience in life sciences, professional services, or marketing and commercial environments is preferred.
Skills and Qualifications
- Knowledge of Source-to-Contract processes, procurement guidelines, and supplier management principles.
- Proficiency with eSourcing tools, preferably SAP Ariba, and strong Excel or Google Sheets skills.
- Strong analytical, organizational, communication, presentation, and attention-to-detail skills.
- Fluent written and spoken English is required.
- Experience with generative or agentic AI and enthusiasm for digital procurement improvements.
Benefits
- The benefits package includes competitive compensation and a performance annual bonus.
- Benefits include healthcare, life and accident insurance, employee assistance, learning platforms, and diversity programs.
- The company offers a flexible work environment including hybrid working, home internet and mobile phone reimbursements, and leave programs.
About Takeda’s Innovation Capability Center
Takeda’s Innovation Capability Center in Bengaluru supports digital transformation and global business capabilities.
Takeda describes its workplace as inclusive, collaborative, and focused on recognizing the backgrounds and abilities of its employees.
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