Job Description

Hello Visionary!
We provide extensive high-quality and cost-efficient Finance & Procurement services from purchasing to the processing of outgoing payments, Cash allocation, Fixed Assets accounting, Accounts reconciliation and Closing & Reporting. We work with a strongly integrated system and a highly automated processing environment and digital workforce.
Our customers receive innovative, easy-to-use services. We deliver maximum value to the business by driving process optimization and digitalization using our ambitious approach, and we support our customers' current and future business requirements with the help of our high level of process and automation competency.
Position Overview:
The Sourcing Executive is responsible for identifying, evaluating, and onboarding suppliers, negotiating commercials, and supporting end-to-end procurement activities to ensure timely, cost-effective, and quality supply of goods and services for the organization. The role works closely with internal stakeholders to understand requirements, run RFQ/RFP processes, and maintain strong supplier relationships to drive continuous improvement and savings.
You'll make a difference by:

• Understand sourcing requirements from purchase requisitions, specifications, and volumes; consolidate demand wherever possible.
• Identify, evaluate, and shortlist potential suppliers through market research, references, and vendor databases, focusing on quality, cost, capacity, and reliability.
• Prepare and float RFQs/RFPs, obtain competitive quotations, and perform comparative statements (techno-commercial bid analysis) to support supplier selection.
• Coordinate with cross-functional teams (user departments, quality, finance, logistics, warehouse) for specification clarity, sample approvals, and smooth order execution.
• Follow up on purchase orders with GBS Team for PO release, track order status, and resolve delays or supply disruptions.
• Monitor supplier performance on parameters like on-time delivery, quality issues, responsiveness, and adherence to contract terms; support performance reviews.
• Maintain updated records of suppliers, contracts, price lists, and key documents in SAP; ensure data accuracy for audits and reporting.
• Support implementation of sourcing strategies, cost reduction initiatives, and standardization efforts under senior guidance.
• Track market trends, price movements, and changes in supply conditions for key categories; share input with procurement team.
• Ensure compliance with company policies, ethical standards, and statutory/regulatory requirements in all sourcing activities

We don't need superheroes, just Super minds

• Bachelor's degree in engineering, preferably Mechanical/Electrical.
• 2years -3 years of hands-on experience in sourcing/procurement, purchasing, or supply chain, preferably in project-based industry.
• Practical exposure to vendor development, RFQ management, basic negotiations, and purchase order processing.
• Working knowledge of ERP systems (SAP preferred) and proficiency in MS Excel, Word, and PowerPoint.

Skills and Competencies:

• Strong negotiation and basic contract understanding (prices, payment terms, INCOTERMS, delivery schedules, penalties).
• Good analytical skills for quote comparison, total cost of ownership evaluation, and data-driven decisions.
• Effective communication and stakeholder management skills.
• Ability to handle multiple sourcing requirements and prioritize based on business needs.
• Basic understanding of inventory concepts, lead time, safety stock, and supply risk

Join us and be yourself!
This role is based in Mumbai , where you'll get the chance to work with teams impacting entire cities, countries - and the shape of things to come.
We're Siemens. A collection of over 312,000 minds building the future, one day at a time in over 200 countries. We're dedicated to equality, and We encourage applications that reflect the diversity of the communities we work in. All employment decisions at Siemens are based on qualifications, merit and business need. Bring your curiosity and creativity and help us shape tomorrow.

Skills Required