Procurement and Sourcing Specialist
The Procurement and Sourcing Specialist is responsible for managing the procurement process, ensuring that goods and services are acquired at the best value, quality, and terms, while maintaining compliance with organizational policies. The role includes sourcing suppliers, negotiating contracts, and collaborating with internal departments to meet the organization's needs.
Key Responsibilities:
Sourcing & Supplier Management:
- Identify and evaluate potential suppliers and manufacturers through market research and industry analysis.
- Establish and maintain relationships with key suppliers and vendors, ensuring quality, cost-effectiveness, and timely delivery of goods/services.
- Negotiate pricing, terms, and contracts with suppliers, ensuring alignment with company goals and budget.
- Monitor supplier performance and manage ongoing supplier relationships.
- Develop and implement sourcing strategies to meet business requirements and optimize procurement activities.
- Collaborate with internal stakeholders to understand procurement needs and ensure timely fulfilment.
- Maintain a balanced inventory of materials, services, and products to avoid stockouts or excessive inventory.
- Ensure compliance with procurement policies and ethical sourcing practices.
- Draft and manage contracts, ensuring clarity on terms, pricing, delivery schedules, and warranties.
- Oversee the renewal, amendment, and termination of contracts as necessary.
- Ensure contracts are compliant with legal and regulatory requirements.
- Support budget creation by providing accurate procurement forecasts and projections.
- Monitor expenditures and implement cost-saving measures where possible, without compromising quality.
- Identify opportunities for process improvements and cost efficiencies.
- Own and deliver measurable cost savings and value realization targets aligned with company financial goals.
- Stay informed of industry trends, new products, and market developments to enhance procurement strategies.
- Conduct regular market research to assess pricing trends and supply chain dynamics.
- Provide insights on potential risks and market changes affecting procurement activities.
- Leverage procurement analytics and dashboards to generate insights.
- Maintain accurate records of procurement transactions, supplier communications, and agreements.
- Prepare regular procurement reports on key performance indicators (KPIs), supplier performance, and cost savings.
- Implement vendor risk management frameworks.
- Ensure all procurement processes are well-documented for audit and compliance purposes.
- Bachelor’s degree in Business Administration, Supply Chain Management, Procurement, or a related field. Master’s degree is a plus.
- Minimum 10 years of experience in procurement, sourcing, or supply chain management.
- Strong negotiation and communication skills.
- Experience with procurement software and tools (e.g., SAP, Oracle, Ariba) and IT hardware and infra.
- Knowledge of procurement regulations, industry standards, and best practices.
- Analytical mindset with the ability to interpret data and trends.
- Strong organizational and project management skills.
- Detail-oriented with excellent problem-solving skills.
- Thrives in fast-paced environments while consistently meeting deadlines.
- Proactive and self-motivated, with a collaborative team-oriented approach.
- Strong ethical standards and integrity.
Skills Required
- Bachelor's degree in Business Administration, Supply Chain Management, Procurement, or related field
- Minimum 10 years of experience in procurement, sourcing, or supply chain management
- Strong negotiation and communication skills
- Experience with procurement software and tools
- Knowledge of procurement regulations and industry standards
- Analytical mindset to interpret data and trends
- Strong organizational and project management skills
Qube Cinema Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Qube Cinema and has not been reviewed or approved by Qube Cinema.
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Healthcare Strength — Signals indicate employer-provided medical coverage for employees and dependents along with life insurance. Public materials do not detail plan generosity, but core coverage appears to be in place.
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Parental & Family Support — Family-oriented provisions include maternity leave eligibility and medical coverage for dependents. Feedback suggests specifics may vary by location and should be confirmed at the offer stage.
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Wellbeing & Lifestyle Benefits — Flexible work styles (flexi hours, hybrid/remote options) and culture-building activities are emphasized. These elements can support work–life balance even where cash pay is modest.
Qube Cinema Insights
What We Do
Qube Cinema is a provider of end-to-end movie technology and solutions. The company draws on decades of experience in cinema and provides a seamless environment for exhibitors, filmmakers and post-production companies with products and services that are flexible, reliable and cost-effective. Qube’s products and services are well established globally, with thousands of installations serving 136 countries across the world. Qube Cinema has been a leading provider of technology in the film, video and audio domains and has pioneered several technology revolutions over the last four decades. The company was instrumental in bringing computer-based digital non-linear editing to India with Avid Technology, transforming the industry and forever changing the way Indian film and television programs were edited. The company subsequently brought digital cinema sound to India with DTS and helped Indian cinema leapfrog a generation, form mono sound directly to digital. In 2005, Qube Cinema became one of the pioneers of the digital cinema transformation worldwide with its Qube digital cinema server and QubeMaster Pro digital cinema mastering products. Qube continues to innovate with Qube Wire, a truly unique self-service digital cinema content delivery and key management service that has quickly become the market leader. The company is also setting up virtual production facilities and has multiple other pathbreaking services under development — all with the aim of bringing to life the passion of every storyteller, to engage, entertain and enlighten the world
