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PTC

Sourcing Specialist

Posted 8 Days Ago
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In-Office
Pune, Maharashtra
Junior
In-Office
Pune, Maharashtra
Junior
The Sourcing Specialist will support internal stakeholders, manage vendor relationships, negotiate commercial contracts, and drive sourcing strategies to optimize operations and reduce costs.
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Our world is transforming, and PTC is leading the way. Our software brings the physical and digital worlds together, enabling companies to improve operations, create better products, and empower people in all aspects of their business. 

Our people make all the difference in our success. Today, we are a global team of nearly 7,000 and our main objective is to create opportunities for our team members to explore, learn, and grow – all while seeing their ideas come to life and celebrating the differences that make us who we are and the work we do possible.  

Key Job Focus Areas

Internal customer support:

  • Work with Stakeholders to establish clear business needs, apply forward thinking skills to establish flexible long-term category strategies with value options & clear supplier performance criteria
  • Partner effectively with stakeholders to become a trusted business partner
  • Provide strategic direction, communicate goals, practices, and processes of the Global Strategic Sourcing organization with respective business partners
  • Participate at the QBR meeting with the business stakeholders and vendors

Vendor management:

  • Negotiation and management of commercial contracts for purchases of goods and/or services
  • Participate at the negotiation meetings
  • Identifying organizational needs and negotiating with suppliers for services and products to meet those needs
  • Research of potential vendors based on quality, technology trend, market trend, reliability, market image and statement criteria
  • Strengthen the existing relationships and negotiate with the provider, key dealers, internal customer

Sourcing activities

  • Lead the effort to socialize and operationalize a comprehensive process for sourcing, procurement, pricing and contract negotiations for PTC US and, if required, globally. 
  • Identify savings opportunities & service enhancements and initiate process improvements.  
  • Manage supplier negotiations to reduce costs, minimize use of liquid capital and increase supplier accountability. 
  • Drives the decision-making process & action planning for each activity driving efficiencies and cost reduction / savings opportunities. 
  • Ensures relevant stakeholders are informed of decisions, action plan and timing.  
  • Participates in annual fiscal planning. 
  • Establishes and executes strategic supplier roadmap relationships. 
  • Maintains awareness of industry leading practices, implements changes as needed to increase capability maturity at PTC. 

              Process Improvement

  • Being able to read and support process documentation creation. Identify process/system gaps and support improvement processes.

Personal Development

  • Set goals and expectations; assess personal skills and qualities. Follow up goals and objectives by established actions for personal growth and development.

    

Life at PTC is about more than working with today’s most cutting-edge technologies to transform the physical world. It’s about showing up as you are and working alongside some of today’s most talented industry leaders to transform the world around you. 

If you share our passion for problem-solving through innovation, you’ll likely become just as passionate about the PTC experience as we are. Are you ready to explore your next career move with us?

We respect the privacy rights of individuals and are committed to handling Personal Information responsibly and in accordance with all applicable privacy and data protection laws. Review our Privacy Policy here."

PTC Pune, Mahārāshtra, IND Office

Marisoft - II, Survey No. 15, Vadgaonsheri, Kalyani Nagar, Pune, India

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