Procurement Sourcing Professional

• Manage the full lifecycle of contracts from initiation, drafting, negotiation, execution, renewal, and termination.
• Maintain a centralized repository of all procurement contracts and ensure timely renewals and amendments.
• Monitor contract performance and compliance with agreed terms and SLAs.
• Draft, review, and negotiate various types of procurement contracts including MSAs, NDAs, SOWs, SLAs, and amendments.
• Collaborate with suppliers, legal and category managers to ensure contracts reflect business needs and risk mitigation strategies.
• Ensure all contracts comply with internal policies, regulatory requirements, and industry standards.
• Identify and mitigate contractual risks through appropriate clauses and governance mechanisms.
• Conduct periodic audits and reviews of contracts to ensure adherence to compliance frameworks.
• Act as a liaison between procurement, legal, finance, and business units to align contract terms with operational goals.
• Provide guidance and training to procurement teams on contract templates, negotiation strategies, and compliance requirements.
• Support dispute resolution and claims management in coordination with legal teams.
• Utilize contract management tools (e.g., Ariba, Coupa, SAP CLM) for contract creation, tracking, and reporting.
• Generate reports on contract status, expirations, risk exposure, and savings opportunities.
• Drive continuous improvement in contract management processes and tools.
• Support category managers and sourcing leads with data analysis, supplier evaluations, and contract preparations.
• Coordinate with internal stakeholders to understand business needs and communicate sourcing timelines.
• Assist in supplier negotiations and ensure pricing, delivery, and quality align with expectations.
• Maintain procurement documentation including quotes, contracts, and supplier communication records.
• Track sourcing KPIs and savings metrics, and prepare reports for leadership review.

Required education

Bachelor's Degree

Preferred education

Bachelor's Degree

Required technical and professional expertise

• Bachelor's Degree in Business, Supply Chain, Commerce, or related discipline.
• 3-6 years of experience in procurement, sourcing, or supply chain support roles.
• Familiarity with procurement systems such as Ariba, Coupa, SAP, or Oracle.
• Good analytical and communication skills to work with suppliers and internal teams.
• Basic understanding of contract terms, sourcing methodologies, and supplier evaluation criteria.
• Detail-oriented and capable of handling multiple sourcing activities simultaneously.
• Proficiency in MS Office (Excel, Word, PowerPoint).

Preferred technical and professional experience

NA

ABOUT BUSINESS UNIT

The IBM Finance organization is responsible for driving enterprise performance and transformation. We are the financial stewards of IBM, delivering IBM's financial strategy, developing new business models, and mitigating enterprise risk. Do you have a passion for creating business value? Join our team in accounting, financial planning, pricing, business controls, tax, treasury, business development (acquisitions & divestitures), and global financing.

YOUR LIFE @ IBM

In a world where technology never stands still, we understand that, dedication to our clients success, innovation that matters, and trust and personal responsibility in all our relationships, lives in what we do as IBMers as we strive to be the catalyst that makes the world work better.

Being an IBMer means you'll be able to learn and develop yourself and your career, you'll be encouraged to be courageous and experiment everyday, all whilst having continuous trust and support in an environment where everyone can thrive whatever their personal or professional background.

Our IBMers are growth minded, always staying curious, open to feedback and learning new information and skills to constantly transform themselves and our company. They are trusted to provide on-going feedback to help other IBMers grow, as well as collaborate with colleagues keeping in mind a team focused approach to include different perspectives to drive exceptional outcomes for our customers. The courage our IBMers have to make critical decisions everyday is essential to IBM becoming the catalyst for progress, always embracing challenges with resources they have to hand, a can-do attitude and always striving for an outcome focused approach within everything that they do.

Are you ready to be an IBMer?

ABOUT IBM

IBM's greatest invention is the IBMer. We believe that through the application of intelligence, reason and science, we can improve business, society and the human condition, bringing the power of an open hybrid cloud and AI strategy to life for our clients and partners around the world.

Restlessly reinventing since 1911, we are not only one of the largest corporate organizations in the world, we're also one of the biggest technology and consulting employers, with many of the Fortune 50 companies relying on the IBM Cloud to run their business.

At IBM, we pride ourselves on being an early adopter of artificial intelligence, quantum computing and blockchain. Now it's time for you to join us on our journey to being a responsible technology innovator and a force for good in the world.

IBM is proud to be an equal-opportunity employer. All qualifiedapplicants will receive consideration for employment without regard to race,color, religion, sex, gender, gender identity or expression, sexualorientation, national origin, caste, genetics, pregnancy, disability,neurodivergence, age, veteran status, or other characteristics. IBM is alsocommitted to compliance with all fair employment practices regardingcitizenship and immigration status.

OTHER RELEVANT JOB DETAILS

When applying to jobs of your interest, we recommend that you do so for those that match your experience and expertise. Our recruiters advise that you apply to not more than 3 roles in a year for the best candidate experience. For additional information about location requirements, please discuss with the recruiter following submission of your application.

Client-provided location(s): Bangalore, India

Job ID: IBM-49086

Employment Type: OTHER

Posted: 2025-07-26T11:46:52