Sourcing Associate Bengaluru, Karnataka Category: Finance

Job description

Sourcing Associate Bengaluru, Karnataka Apply Now Job ID R0190777 Category Finance Subcategory Corporate Functions Business Unit Corporate Functions Job Type Full time By clicking the “Apply” button, I understand that my employment application process with Takeda will commence and that the information I provide in my application will be processed in line with Takeda’s Privacy Notice and Terms of Use . I further attest that all information I submit in my employment application is true to the best of my knowledge. Job Description OBJECTIVES: Execute RFI, RFP, and RFQ processes for defined Indirect and Commercial Indirect categories (e.g. Professional Services, HR, Facilities, Sales & Marketing) or spend thresholds under guidance of the Sourcing Lead. Support the Source-to-Contract process through market research, spend analysis, proposal evaluation, and contract management. Lead negotiations with suppliers, driving value and competitive advantage to Takeda. Will have a primary anchor position but would be expected to flex and work across other categories as appropriate ACCOUNTABILITIES: Sourcing Execution & Rf(X) Management Engagement with operational stakeholders presenting requirements for sourcing, as well as category strategies developed by category managers Execute RFI, RFP, and RFQ events for Indirect and Commercial Indirect categories under Sourcing Lead guidance, adhering to Takeda procurement policies. Flexibility to work in other categories too Prepare sourcing documentation: scope of work, supplier questionnaires, evaluation criteria, and tender packages Manage supplier communication during sourcing events; coordinate Q&A and maintain event trackers in SAP Ariba Ensure all sourcing activities are documented accurately and completed within agreed timelines Partner with supporting functions for execution of activities Market & Supplier Research Conduct supplier market research and maintain up-to-date supplier landscape knowledge across assigned Indirect and Commercial Indirect categories Identify and evaluate potential new suppliers; gather capability, compliance, and pricing information Gather pricing benchmarks and market intelligence to support category strategy and sourcing recommendations in SAP Ariba Contract & Supplier Administration Support contract drafting, review coordination, and approval workflows per Takeda Legal and Compliance requirements Maintain contract records; monitor renewals, expirations, and performance milestones Support supplier onboarding, due diligence, and ethical sourcing compliance checks Data Analysis & KPI Reporting Analyze supplier proposals and prepare structured, objective evaluation summaries for Sourcing Lead review Conduct spend analysis to identify savings opportunities; feed findings into the category savings pipeline Support KPI monitoring to help the team track procurement's contribution; maintain data accuracy Value Delivery & Governance Contribute to delivery of savings targets by identifying value opportunities within assigned Indirect and Commercial Indirect categories, as well as in other categories Ensure all sourcing activities comply with Takeda procurement policies, SOPs, and governance standards Support preferred supplier utilization initiatives Interface to Operational Procurement (Procurement Solutions) Collaborate with operational buyers in Central Finance on execution and service delivery Ensure smooth handover of sourcing inputs and outputs for operational Rf(X) execution EDUCATION, BEHAVIOURAL COMPETENCIES AND SKILLS: Education: Bachelor Degree in relevant field Behavioral: As members of Global Procurement, you are expected to demonstrate ways of working that support our strategic ambition and shape how we create value for Takeda. You will contribute to a procurement function that: Shapes strategy upstream through close business partnership Deliver total enterprise value beyond savings Takes ownership of spend and outcomes end to end Uses curiosity, insights, and data to drive better decisions These principles define how we partner with the business, our suppliers, and each other. Role-specific examples of these behaviors are embedded throughout the objectives, accountability, and skills outlined in this job description. C ompetencies and skills: Experience: 4+ years of procurement, sourcing, or supply chain experience, preferably in a Lifesciences, professional services, or marketing/commercial environment. Exposure to RFI/RFP/RFQ processes and supplier evaluation preferred. Pharmaceutical, biotech, or professional services/marketing services experience an advantage. Sourcing experience across the indirect categories. Technical skills: Understanding of Source-to-Contract processes, procurement guidelines, and supplier management principles Basic familiarity with Indirect and Commercial Indirect categories Proficiency with e-Sourcing tools (SAP Ariba preferred) and strong data skills in Excel / Google Sheets Ability to analyze supplier proposals and prepare structured evaluation summaries and attention to detail; strong organizational skills; ability to manage multiple priorities in a fast-paced environment Enthusiasm for digital and AI improvements in procurement ways of working Collaborative and diplomatic, with demonstrated track record of operating successfully with limited day-to-day direction and ambiguity. Strong attention to detail. Exceptional communication and presentation skills both oral and written. Extensive experience using Microsoft desk top applications (e.g. PowerPoint, Excel) and experienced with using Generative / Agentic AI Languages : Fluent written and spoken English Locations IND - Bengaluru Worker Type Employee Worker Sub-Type Regular Time Type Full time Apply Now Share this job Facebook Xing LinkedIn Email Related content Learn more Frequently Asked Questions Learn more Healthcare for all Learn more How We Partner Learn more Innovators in Science Award Winners Learn more Luck is not a strategy Learn more Takeda Unveils Newly Renovated Cambridge Building Learn more Our Commitment to the Planet Learn more Our Products Learn more Our R&D Pipeline Learn more Patient Story: Rosie Learn more Putting Patients First Learn more Sustainable Value Report 2023 Learn more Takeda Global Headquarters Learn more Takeda in the US Learn more Takeda’s Global CSR Program Learn more The History of Takeda Learn more Values and Corporate Governance Learn more Takeda Manufacturing - 2021 Facilities of the Year Learn more Takeda Acquires Adaptate Therapeutics Learn more BioLife Plasma Services Learn more Biotech Site in Covington, GA Learn more Takeda’s Position on Climate Change Learn more Corporate Responsibility Learn more Diversity, Equity and Inclusion Learn more <li class="js-hub-item hub-content__item showing-by-filter showing-by-load" data-hub-read-time="" data-hub-origin="False" data-hub-title="Loni's Data Science Story" data-hub-meta-title="" data-hub-meta="Explore more." data-hub-url="jobs.takeda.com/" data-hub-isfallbackpage="False" data-hub-order="0" data-hub-link="https://www.takeda.com/our-stories/all-stories/" data-hub-image="https://tbcdn.talentbrew.com/company/1113/v3_0/img/rc-data-science-story.jpg" data-hub-created-by="TMP created" data-hub-date-updated="02/26/2025 19:36:58" data-hub-date-created="02/26/2025 19:36:58" data-hub-date-override="08/14/2023