Sourcing Lead

Posted 17 Days Ago
Be an Early Applicant
Jersey City, NJ, USA
In-Office
Senior level
Information Technology • Database • Consulting
The Role
Lead end-to-end strategic sourcing for technology and services categories, including market research, supplier qualification, RFI/RFP execution, negotiations, contract finalization, and stakeholder coordination. Manage sourcing project plans, supplier evaluations, contract documentation, and reporting while using SAP Ariba for sourcing and contract workspaces.
Summary Generated by Built In

Responsibilities:

We are seeking experienced  Sourcing lead to manage end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed

Responsibilities

Responsibilities:

  • Develop and execute sourcing strategies for Tech and Services categories. 
  • Managed end-to-end sourcing cycle, understand business needs, perform vendor research to identify potential participants to getting the contract signed
  • Develop and published RFP in Ariba
  • Conduct market research and analysis to identify potential suppliers, evaluate their capabilities, and gather market intelligence to support decision-making 
  • Lead supplier selection and qualification processes, including issuing RFIs, RFPs, and conducting supplier evaluations and negotiations 
  • Collaborate with internal stakeholders to understand their requirements and ensure the sourcing strategy meets their needs
  • Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements that optimize value while mitigating risks
  • Manage project plan for all assigned sourcing requests from requirement gathering to contracting
  • Negotiate contracts, terms, and pricing with suppliers to secure favorable agreements (MSA/SOW) that optimize value while mitigating risks
  • Liaise with legal, business and supplier to finalize contracts
  • Document and analyze supplier responses to ensure it contains valid and detailed information
  • Co-ordination with various stakeholders (business, procurement, suppliers) for setting up meetings, presentations and other sessions
  • Liaising with business stakeholders, procurement team and suppliers to ensure timely and successful completions of tasks and activities (related to RFx events, NDA management and contracting)
  • Maintaining project plans/ tracker for all requests and sourcing events, including timely reporting to all stakeholders

Qualifications

Qualifications:

  • Bachelor’s Degree
  • 5+ years of sourcing/procurement experience with a focus on 
  • Proven experience as a Sourcing Specialist, Procurement Specialist, or similar role
  • Strong knowledge of strategic sourcing methodologies, procurement best practices, and supplier management
  • Must possess excellent verbal and written communication skills
  • Good project management/ business analysis/ process analysis skills
  • Working knowledge of SAP Ariba, primarily in Sourcing and Contract workspace
  • Strong organizational skills with attention to detail and ability to manage multiple priorities
  • Professional certifications such as Certified Professional in Supply Management (CPSM) or Project Management Professional (PMP)® Certification will be a plus

Business hours: US 9-5 EST hours


The posted base salary range is the hiring base salary range for this role. Final offers are based on several factors, including: the candidate's skills and experience, internal pay equity, work location, market conditions for the role, and the specific scope and responsibilities of the position. 

Skills Required

  • Bachelor's degree
  • 5+ years of sourcing or procurement experience
  • Experience as a Sourcing Specialist, Procurement Specialist, or in a similar role
  • Knowledge of strategic sourcing methodologies, procurement best practices, and supplier management
  • Excellent verbal and written communication skills
  • Project management, business analysis, or process analysis skills
  • Working knowledge of SAP Ariba, primarily Sourcing and Contract Workspace
  • Strong organizational skills, attention to detail, and ability to manage multiple priorities
  • CPSM or PMP certification

EXL Compensation & Benefits Highlights

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

  • Healthcare Strength — Medical plan options include HSA, HRA, and PPO choices, with additional health-related programs such as disability coverage and an employee assistance program. Feedback suggests these options provide meaningful flexibility and coverage breadth for many roles.
  • Leave & Time Off Breadth — Up to 20 days of paid time off, plus federal holidays and paid sick and safe time, are highlighted. Feedback suggests this leave structure is a notable benefit alongside core compensation.
  • Retirement Support — A traditional and Roth 401(k) with up to a 3% company match and full vesting after one year is described. Feedback suggests this match and vesting timeline help bolster long-term savings.

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The Company
HQ: New York, NY
30,246 Employees
Year Founded: 1999

What We Do

Choosing a digital partner is about more than capabilities — it’s about collaboration and character. Unrealistic overhauls and off-the-shelf products ignore what matters most — your unique needs, culture, goals, and your legacy data and technology environments. At EXL, our collaboration is built on ongoing listening and learning to adapt our methodologies. We’re your business evolution partner—tailoring solutions that make the most of data to make better business decisions and drive more intelligence into your increasingly digital operations. Whether your goals are scaling the use of AI and digital, redesign operating models, or driving better and faster decisions, we’re here to partner with you to help you gain—and maintain—competitive advantage with efficient, sustainable models at scale. Our expertise in transformation, data science, and change management helps make your business more efficient and effective, improve customer relationships and enhance revenue growth. Instead of focusing on multi-year, resource- and time-intensive platform designs or migrations, we look deeper at your entire value chain to integrate strategies with impact. We use our specialization in analytics, digital interventions, and operations management—alongside deep industry expertise — to deliver solutions that help you outperform the competition. At EXL, it’s all about outcomes—your outcomes—and delivering success on your terms. Share your goals with us and together, we’ll optimize how you leverage data to drive your business forward. For more information, visit www.exlservice.com.

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