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Strategic Procurement- US Shift
Genpact
posted 2d ago
This is a strategic role within the Procurement Function, reporting into the global Category Management Lead, with overall accountability in the following areas:
• Bring in the required expertise across Marketing & Communication categories such as PR, Media & Advertising, Brand, Creative & Digital, Events, Subscriptions, Merchandises etc.
• To deliver significant Value to Genpact through the strategic sourcing engagements and supplier management activities within the Marketing Category. Annual spend value above $40M
• This is a global role; hence the incumbent would need to understand global strategic sourcing and should be able to establish vendor connections across regions.
• Global coordination and collaboration with the other Procurement teams is key.
• Contribute to the Procurement Organization to deliver the results defined by the procurement plan in support of the broader business requirements.
Ensure proper implementation of leading-edge procurement capabilities to become a world class procurement Organisation
Responsibility
• Create requests for proposals (RFP) and reviews bids.
• Analyze the cost between vendors to make the best sourced product for the organization.
• Create contract terms & condition, negotiate terms, and implements services.
• Responsible for driving supplier performance, demand management savings, and increasing category compliance.
• Contribute and drive for overall priorities according to the defined yearly objectives.
• Estimate and propose initiatives to deliver savings within his area of responsibility and identify additional opportunities.
• Responsible to understand and achieve sourcing category deliverables, savings commitments, milestones and obligations, and establish a project plan to meet each
• Liaison with Coordinators & within team to resolve vendor disputes at times.
• Supplier & stakeholders Relationships management
• Follow the Purchase to pay (P2P) process. This includes the PR & PO process.
• Managing the Budget vs Actual spend with Finance team
• Search/Identity/Evaluate vendors, assess their capability as per Organization norms.
• Development of new vendors.
• Managing timely clearance of payments & handling vendor inquiries.
• Vendor database management Evaluating/Auditing various vendors from time to time for fresh addition / continuity / termination.
• Ensuring and driving compliance with all relevant internal and external requirements relating to procurement processes and internal controls
• Ensure proper execution and signing of contracts including NDA/BGC before any confidential information is shared for discussions / negotiations
• Responsible for Vendor Database internal external Audit
Qualifications we seek in you!
Minimum qualifications
• Graduation degree in Science / Commerce /Business.
• Relevant years experience in Sourcing / Category Management in Manufacturing / BPO industries.
• Good Verbal and Written Communication Skills
• Knowledge of MS Office Applications like Excel, Word, PowerPoint
• Proficient Understanding of Indirect Spend Categories like MRO, Facilities, Purchased Services & their Buying Patterns
• Strong Customer Centric focus with ‘CAN-DO’ attitude
• Proficiency in Analytical & Presentation Skills
• Proficiency in Negotiation Skills
• Proactive & Persuasive Relationship with Client Stakeholders
• Good Exposure to Global Suppliers by Indirect Spend Categories
• Proficiency in creation and management of RFI / RFP / RFQs
• Moderate understanding of Spend Analysis, Contracts Drafting
• Basic Knowledge of SAP / Oracle / Other Legacy ERP Applications
• Basic Exposure to E-Sourcing Applications
Preferred Skills
• Basic Knowledge of SAP / Oracle / Other Legacy ERP Applications
• Basic Exposure to E-Sourcing Applications
Employment Type: Full Time, Permanent
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