Specialist - Strategic Sourcing
Job description
About the role
Freshworks is looking for a Specialist in Strategic Sourcing to join their growing team in Bengaluru. This role sits at the heart of procurement and vendor management, focusing on identifying, evaluating, and managing suppliers that support the company's day-to-day operations and long-term growth ambitions. The Specialist will work closely with cross-functional teams across the organization to ensure that every procurement decision aligns with broader business objectives and cost efficiency targets, and you will take direct ownership of sourcing strategies and supplier relationships that help Freshworks maintain its competitive position in the software and customer engagement market. As a key contributor to the procurement function, you will help shape how Freshworks sources the goods and services it needs to serve customers worldwide.
Key facts
What you'll do
Evaluate potential vendors and suppliers for goods and services needed across multiple departments within the organization
Develop and maintain a qualified pipeline of sourcing partners for long-term strategic engagement and collaboration
Negotiate pricing terms and contractual agreements with selected suppliers and vendors to secure favorable conditions
Analyze market trends and supplier performance data to inform procurement decisions and drive cost savings
Collaborate with internal stakeholders to understand their purchasing needs, timelines, and specific requirements for each project
Prepare detailed sourcing reports and presentations for leadership review, including recommendations and risk assessments
Monitor supplier contracts to ensure compliance with all agreed terms, conditions, and service level expectations
Support the procurement team in streamlining purchasing processes and reducing overall procurement cycle times across the board
Conduct regular reviews of existing supplier relationships to identify performance gaps and areas for improvement
Coordinate with finance and legal teams during contract finalization, amendment, and renewal stages to ensure accuracy
Maintain accurate and up-to-date records of all sourcing activities, vendor assessments, and procurement outcomes for audit purposes
Contribute to the development of sourcing policies and best practices that improve efficiency and transparency across the organization
Partner with the finance team to forecast procurement spend and support annual budgeting exercises
Requirements
Bachelor's degree in business administration, supply chain management, or a related field from a recognized university
Proven experience in procurement, sourcing, or vendor management within a corporate or enterprise environment
Strong understanding of sourcing methodologies, supplier evaluation frameworks, and category management principles
Demonstrated ability to analyze complex data sets and produce clear, actionable procurement reports for decision-makers
Excellent written and verbal communication skills with the capacity to engage effectively across all organizational levels
Demonstrated ability to manage multiple concurrent sourcing projects and consistently deliver results within established timelines
Prior familiarity with ERP systems or procurement software platforms is a practical expectation for this role
Willingness to travel occasionally for supplier meetings, industry events, and on-site vendor assessments as needed
Comfort with a fast-paced work environment and the ability to adapt to shifting business priorities
Nice to have
Prior experience working in a SaaS or technology company environment is highly valued
Working knowledge of global sourcing practices and international supplier management procedures
Professional certification in procurement or supply chain management such as CPSM or CIPS
Hands-on prior experience with strategic cost reduction initiatives or category management projects
A solid understanding of sustainability and ethical sourcing principles applied in procurement decisions
Skills & tools
Strong proficiency in Microsoft Excel for data analysis, spend categorization, and reporting purposes
Hands-on experience with procurement platforms such as SAP Ariba or Coupa is beneficial
Practical familiarity with contract management and vendor scorecard tracking tools and systems
Strong analytical thinking with the ability to interpret complex spend data and derive insights
A good understanding of commercial contract terms, negotiation techniques, and procurement best practices
Ability to build and maintain productive relationships with both internal teams and external partners
Practical notes
This is a full-time position based in the Bengaluru office of Freshworks
The role reports directly to the procurement or sourcing manager within the organization
Candidates should be prepared to work standard business hours with occasional flexibility for urgent matters
Freshworks values candidates who demonstrate integrity, collaboration, and a consistent results-driven approach to work
The hiring process includes multiple rounds of interviews with members of the procurement and HR teams
About the company
Freshworks provides business software for customer support, IT service management, CRM, and marketing automation. Founded by Girish Mathrubootham and Shan Krishnasamy in Chennai, India in 2010, Freshworks went public on NASDAQ in September 2021.