Elastic, the Search AI Company, enables everyone to find the answers they need in real time, using all their data, at scale — unleashing the potential of businesses and people. The Elastic Search AI Platform, used by more than 50% of the Fortune 500, brings together the precision of search and the intelligence of AI to enable everyone to accelerate the results that matter. By taking advantage of all structured and unstructured data — securing and protecting private information more effectively — Elastic’s complete, cloud-based solutions for search, security, and observability help organizations deliver on the promise of AI.
What is The Role
The Procurement Specialist, Strategic Sourcing is an individual contributor role and will report to the Senior Manager, Strategic Sourcing in India. The Specialist will work closely with the Global Sourcing and Procurement teams in India and North America. This role involves analyzing market trends, leading competitive bidding processes (RFXs), negotiating high-value contracts, and handling key supplier relationships. The ideal candidate is a data-driven negotiator who excels at cross-functional collaboration and long-term value creation.
What You Will Be Doing
- Review Corporate Services and Marketing & Events contracts in close collaboration with Legal, Cross-functional Team and Sourcing teams, ensuring agreements align with business needs and risk frameworks.
- Partner with in-house counsel to navigate complex terms and secure appropriate approvals. Lead tail spend requests and reporting for various procurement tools.
- Lead the preparation and execution of RFI, RFP, and RFQ. Evaluate vendor proposals and present recommendations to stakeholders.
- Vendor contract negotiations across a range of Non Technology services request.
- Create and communicate metrics reports on a regular basis based on a defined list of critical metrics (Cost Savings, Procurement Influence, Payment Terms etc.)
- Support sourcing strategy and procurement optimization processes by providing data insights and recommendations. Perform procurement analytics to deliver useful insights to larger procurement team to enable significant business impact
- Partner closely with internal stakeholders (Legal, Finance, Operations, IT and P2P) to align sourcing initiatives with broader business objectives and compliance policies.
- Build strong relationships with business collaborators and cross-functional partners.
- Serve as a Single Point of Contact (SPOC) for category sourcing managers and functional leads for providing category-specific spend report.
- Review, summarize, and analyze data and present findings in a concise and structured manner. Bring analytical and conceptual skills linking issue resolution to process improvement.
What You Bring
- Bachelor’s or master’s degree experience in business or finance/accounting or equivalent.
- 2 to 4 years work experience in purchasing or finance and data analysis.
- Strong ability to collect and interpret data, identify and communicate potential opportunities and risks.
- Strong data analytics and report building skills through tools such as MS Excel & Google G-Suite.
- Advanced experience with the leading procurement, ERP and CRM tools will be considered an asset.
- Eager to learn new technologies in procurement data analytics.
- Project management (including change management) experience and skills.
- Strong communication, influencing, negotiation and conflict resolution skills.
- Possess high integrity combined with good judgement, with the ability to identify, recommend and select the best overall solution
- Proficiency to develop and build relationships with key business partners and suppliers.
- Self-starter, Positive and can-do attitude. Willing to work on one’s own initiative and focused on achieving goals.
- Work hours - EMEA shift (1pm to 10pm IST) aligning with North America time zones overlap including flexibility in work times to support all other global time zones when needed.
Additional Information - We Take Care of Our People
As a distributed company, diversity drives our identity. Whether you’re looking to launch a new career or grow an existing one, Elastic is the type of company where you can balance great work with great life. Your age is only a number. It doesn’t matter if you’re just out of college or your children are; we need you for what you can do.
We strive to have parity of benefits across regions and while regulations differ from place to place, we believe taking care of our people is the right thing to do.
- Competitive pay based on the work you do here and not your previous salary
- Health coverage for you and your family in many locations
- Ability to craft your calendar with flexible locations and schedules for many roles
- Generous number of vacation days each year
- Increase your impact - We match up to $2000 (or local currency equivalent) for financial donations and service
- Up to 40 hours each year to use toward volunteer projects you love
- Embracing parenthood with minimum of 16 weeks of parental leave
Different people approach problems differently. We need that. Elastic is an equal opportunity employer and is committed to creating an inclusive culture that celebrates different perspectives, experiences, and backgrounds. Qualified applicants will receive consideration for employment without regard to race, ethnicity, color, religion, sex, pregnancy, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status, or any other basis protected by federal, state or local law, ordinance or regulation.
We welcome individuals with disabilities and strive to create an accessible and inclusive experience for all individuals. To request an accommodation during the application or the recruiting process, please email [contact via apply link]. We will reply to your request within 24 business hours of submission.
Applicants have rights under Federal Employment Laws, view posters linked below: Family and Medical Leave Act (FMLA) Poster; Pay Transparency Nondiscrimination Provision Poster; Employee Polygraph Protection Act (EPPA) Poster and Know Your Rights (Poster)
Elasticsearch develops and distributes technology and information that is subject to U.S. and other countries’ export controls and licensing requirements for individuals who are located in or are nationals of the following sanctioned countries and regions: Belarus, Cuba, Iran, North Korea, Syria, or Russia, including the Ukrainian territories annexed by Russia (The Crimea region of Ukraine, The Donetsk People's Republic (DNR), The Luhansk People's Republic (LNR), Kherson or Zaporizhzhia). If you are located in or are a national of one of the listed countries or regions, an export license may be required as a condition of your employment in this role. Please note that national origin and/or nationality do not affect eligibility for employment with Elastic.
Please see here for our Privacy Statement.
