Sourcing Associate

Posted 5 Hours Ago
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Bengaluru, Bengaluru Urban, Karnataka, IND
Hybrid
Mid level
Healthtech • Software • Analytics • Biotech • Pharmaceutical • Manufacturing
Takeda exists to create better health for people, brighter future for the world.
The Role
Executes RFI, RFP, and RFQ sourcing events for indirect and commercial indirect categories. Responsibilities include market and supplier research, proposal and spend analysis, supplier negotiations, contract administration, onboarding and compliance support, KPI reporting, savings identification, and procurement governance. The role collaborates with operational stakeholders, category managers, legal, compliance, and buyers while using SAP Ariba and data analysis tools.
Summary Generated by Built In

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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.


Competencies 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  

LocationsIND - Bengaluru

Worker TypeEmployee

Worker Sub-TypeRegular

Time TypeFull time

Skills Required

  • Bachelor's degree in a relevant field
  • 4+ years of procurement, sourcing, or supply chain experience
  • Experience across indirect sourcing categories
  • Understanding of Source-to-Contract processes, procurement guidelines, and supplier management principles
  • Basic familiarity with indirect and commercial indirect categories
  • Strong data skills in Excel or Google Sheets
  • Ability to analyze supplier proposals and prepare structured evaluation summaries
  • Strong organizational skills and ability to manage multiple priorities
  • Strong attention to detail
  • Exceptional oral and written communication and presentation skills
  • Fluent written and spoken English
  • Experience with RFI, RFP, and RFQ processes
  • Experience in life sciences, professional services, or marketing and commercial environments
  • Pharmaceutical, biotech, or professional services and marketing services experience
  • Proficiency with e-sourcing tools, preferably SAP Ariba
  • Experience using generative or agentic AI

Takeda Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Takeda and has not been reviewed or approved by Takeda.

  • Retirement Support — Employer-funded retirement is described as notably strong, combining a dollar-for-dollar 401(k) match with an additional company contribution that scales with age and service. Access to an employee stock purchase plan further supports long-term wealth building.
  • Parental & Family Support — Paid bonding leave for all parents, substantial adoption/surrogacy reimbursement, and robust caregiver resources (backup care and Maven family-forming support) are emphasized as core strengths. These offerings create a comprehensive safety net for a range of family situations.
  • Healthcare Strength — Multiple medical plan options (nationwide PPO/HSA and regional HMOs), employer HSA funding, and integrated mental-health and well-being programs signal depth in coverage. Preventive care is covered in-network, and plan choices by state expand access.

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The Company
HQ: Cambridge, MA
50,000 Employees
Year Founded: 1781

What We Do

For over 240 years, Takeda’s propensity to evolve has driven the next generation of innovation, and as a future-focused organization, we’re continuing to drive forward with endurance in our steadfast pursuit to achieve the best outcomes for our patients in a rapidly changing world.  We have been preparing for this period of value creation by investing in data, digital and technology, and we’re proud of our employees and their commitment to turning groundbreaking ideas into life-changing impacts.   Since our founding in Japan, integrity and putting patients first have been at the heart of our identity, and we will emerge ready for our future as one of the most trusted and science-driven digital biopharmaceutical companies. Join a team where your innovation impacts lives.   Together, we’ll realize improved outcomes by improving data quality, enhancing launch execution and improving the patient journey. You’ll play a critical role in accelerating data collection and increasing accuracy across all parts of the business. Patients across the globe will benefit from access to treatments afforded by greater opportunities and efficiency in our research and development.  

Why Work With Us

We connect to our history and Japanese heritage through everything we do to bring our purpose, values, vision, and imperatives to life. We are committed to bringing better health and a brighter future to patients. Being a part of Takeda means having the opportunity to be a part of something bigger than yourself.

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