Mercer India is seeking potential candidates for the following position based out of Gurgaon

Role: Senior Manager - Global Sourcing (Global Sourcing & Procurement)

Openings - 1

Location - Gurgaon

What can you expect?

The Sourcing Specialist’s primary duties are to assist the Sourcing Managers/Directors in various commodity categories, negotiating and managing the relationship between MMC and the vendor. This individual will leverage the capabilities of the various supply markets - achieving sustainable ongoing cost reductions. This work will require the Sourcing Specialist to work with MMC’s Operating Companies to execute projects related to the sourcing and procurement of various spend categories that include office supplies, travel, human resources, facilities, IT and other miscellaneous categories.

We will count on you for:

The Strategic Sourcing Specialist will play a crucial role in achieving cost savings and driving sustainability initiatives across the organization. This position will focus on implementing strategic sourcing options that not only secure value from the supply market but also align with our sustainability goals.

Strategic Sourcing and Cost Savings (50%)

• Assist in formulating strategic sourcing options by modelling and analysing each option to recommend the one that will secure differential value from the supply market for each product and service category.
• Conduct research for RFPs, investigate historical data (spend analytics), and review existing contracts to understand spending patterns and identify savings/optimization opportunities.
• Collaborate with stakeholders to execute RFPs by understanding their requirements and utilizing sourcing tools to compile and analyse results.
• Coordinate and oversee sourcing events in collaboration with the JLL RES Sourcing team and the GSP Pune team to ensure alignment and efficiency in the sourcing process.
• Negotiate with suppliers, with guidance from the reporting manager or peers, to achieve cost savings while maintaining quality and compliance.

Sustainability Initiatives (10%)

• Develop and implement sustainability programs, including initiatives that promote eco-friendly purchasing and supplier diversity. (e.g. EVs, Corporate gifting, etc.)
• Collaborate with partners to increase spending through diverse suppliers, including MSMEs, women-owned businesses, and other underrepresented groups, to enhance our commitment to sustainability and social responsibility.

Contract Negotiation and Management (20%)

• Participate in cross-functional teams to negotiate appropriate agreements with suppliers and support the legal team in finalizing and executing contracts.
• Ensure contracts are negotiated in accordance with MMC's contract structure and Terms and Conditions, collaborating with the legal and compliance teams.
• Properly file contracts into the contract repository per established guidelines. (i.e. Sirion)

Supplier Performance Management (10%)

• Participate in cross-functional teams to measure and manage the ongoing performance of selected key suppliers and their respective supply markets.
• Maintain consultative relationships with MMCo’s business functions, including finance, marketing, and operations teams, to ensure alignment on sustainability and cost-saving initiatives.

Issue Resolution and Support (10%)

• Collaborate with internal colleagues and suppliers to identify, document, analyse, and resolve issues.
• Address general internal customer inquiries and develop materials to support executive and stakeholder communications.
• Support global/regional initiatives as required to meet organizational goals and assist in following up on vendor risk-related tasks with stakeholders and the vendor risk team as needed.

Weightings:

• Strategic Sourcing and Cost Savings: 50%
• Sustainability Initiatives: 10%
• Contract Negotiation and Management: 20%
• Supplier Performance Management: 10%
• Issue Resolution and Support: 10%

What you need to have:

• Bachelor’s degree
• 9-11 years of experience in Global Sourcing & Procurement
• Knowledge of business unit and/or organization
• Knowledge and understanding of the competition, industry trends
• and technology innovation
• Knowledge of MS Excel, Access and Power Point

Why join our team:

• We help you be your best through professional development opportunities, interesting work and supportive leaders.
• We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
• Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.

Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer’s more than 20,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world’s leading professional services firm in the areas of risk, strategy and people, with more than 85,000 colleagues and annual revenue of over $23 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit mercer.com. Follow Mercer on LinkedIn and X.

Marsh McLennan (NYSE: MMC) is the world’s leading professional services firm in the areas of risk, strategy and people. The Company’s more than 85,000 colleagues advise clients in over 130 countries. With annual revenue of $23 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses. Marsh provides data-driven risk advisory services and insurance solutions to commercial and consumer clients. Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wyman serves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us on LinkedIn and X.

Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.

Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person