Software Sourcing
Posted:
30 October 2026 (Yesterday)
Application Deadline:
27 January 2027
Vacancies:
1 Vacancy
Job Summary
Job Title: Software Sourcing
Experience: 8 to 12 Years
Location: Mumbai
Roles & Responsibilities
- Support the Global Sourcing Category Lead in developing and executing the Software category strategy in collaboration with key stakeholders.
- Manage software sourcing activities including new deals contract renewals and category-wide efficiency initiatives.
- Lead RFPs competitive bidding commercial evaluations and complex contract negotiations.
- Develop sourcing strategies to optimize costs manage commercial risks and deliver business value.
- Engage with senior internal stakeholders and external software vendors to drive sourcing decisions and agreements.
- Prepare and present deal summaries commercial recommendations and sourcing proposals.
- Manage deal pipelines and ensure timely execution of sourcing projects.
- Build and maintain strong supplier relationships and drive supplier management initiatives.
- Provide commercial advisory support to business stakeholders on software procurement and contractual matters.
- Work with cross-functional and global teams to deliver sourcing objectives and performance targets.
- Identify cost-saving opportunities renegotiate existing contracts and maximize value from incumbent suppliers.
- Support business continuity planning and operational risk management activities.
Requisites
- Degree-level qualification or equivalent; CIPS or other professional Sourcing / Procurement certification is desirable.
- Strong experience in Software Sourcing Procurement or Category Management within a large or multinational organization.
- Proven expertise in leading commercial sourcing activities contract negotiations RFPs and renewals.
- Experience in developing category strategies analyzing spend portfolios identifying opportunities and delivering cost savings.
- Knowledge of global enterprise software suppliers software pricing models licensing and contracting mechanisms.
- Strong understanding of commercial levers contractual terms and legal clauses related to software agreements.
- Experience in supplier evaluation market analysis competitive bidding and vendor management.
- Ability to manage regional and global sourcing agreements involving multiple stakeholders.
- Banking or financial services industry experience would be an advantage.
- Experience working with cross-regional and global teams is preferred.
- Excellent negotiation communication stakeholder management and influencing skills.
- Ability to manage multiple projects independently coordinate cross-functional teams and deliver projects within deadlines.
Required Skills:
Software SourcingIT ProcurementSoftware ProcurementStrategic Sourcing