Analyst - Sourcing

Position: Analyst – Sourcing Role: Strategic Sourcing Department: Finance GBS - S2P Location – Bangalore, India Novo Nordisk Global Business Services (GBS), India Does your motivation come from challenges and working in a dynamic environment? Do you thrive in a working environment where close collaboration with key stakeholders and strategic alignment is essential? Do you have a can-do attitude with continuous improvement as one of your career objectives? Then we might have the right position for you. Apply now and join a growing team, working in an international environment. About the Department The purpose of this position is to support Novo Nordisk Procurement through GBS in complete sourcing life cycle including supply base analysis, managing RFx, negotiations and supplier relationship management. In this position, the incumbent will work in a matrix organization structure having a solid line reporting to Finance GBS (Global Business Services), Source-to-Pay (S2P), Business Insights and Sourcing (BIS) and dotted line to the different procurement organizations across the globe. BIS team is overall responsible for supporting business stakeholders and local procurement teams with Sourcing activities, project Support, e-auction, spend analytics, supplier management, Contracting, Reporting and Dashboards. The PositionAs an Analyst -Sourcing the key responsibilities are:Demonstrating strong understanding of sourcing and procurement domain knowledge and carrying out the sourcing activities with effective strategies.Strong expertise in executing successful RFI/RFP/RFQ sourcing events targeting business requirements.Well versed in conducting effective negotiations with the suppliers.Reviewing the contracts and establish best-in-class KPIs, SLAs and provisions.Understanding of cost and financial analyses concepts.Drive & manage multiple strategic sourcing projects for the indirect spend areas (Marketing, meetings and events, fleet, facilities, etc.).Conducting detailed bid analysis to assess the factors driving price variations.Proficient in spend analysis and dashboards creation.Independently managing sourcing projects from start to finish. Qualifications Below are key skills and qualifications required for this job.Bachelor’s degree from a reputed university. MBA preferred.6-8 years of experience in source-to-contract activities.Experience in eProcurement tools, preferably CoupaProficiency in Excel, PowerPoint, and Power BIRFx management, procurement intelligence, spend analytic, negotiations. Working at Novo NordiskWe are a proud life-science company, and life is our reason to exist. We’re inspired by life in all its forms and shapes, ups and downs, opportunities, and challenges. For employees at Novo Nordisk, life means many things – from the building blocks of life that form the basis of ground-breaking scientific research, to our rich personal lives that motivate and energise us to perform our best at work. Ultimately, life is why we’re all here - to ensure that people can lead a life independent of chronic disease.