Upload Button Icon Add office photos
filter salaries All Filters

2534 Genpact Jobs

Management Trainee - Sourcing and Procurement

5-6 years

₹ 5 - 6.92L/yr (AmbitionBox estimate)

tooltip
This is an estimate of the average salary range for this position. It has not been reviewed by the company, and the actual salary may differ.

Hyderabad / Secunderabad

1 vacancy

Management Trainee - Sourcing and Procurement

Genpact

posted 14hr ago

Job Description

As the transformation happen here, come and be a part of it
Inviting applications for the role of MT, Source to Pay
The Ops Sourcing Buyer will assist in the execution of Sourcing projects to enable the delivery of defined country annual savings targets. These projects will deliver advantage for the Client business through cost savings, lifecycle value generation, demand management, innovation and reducing risk within the supply chain.
The projects will be delivered globally or locally in accordance with the Category Strategy and will demonstrate the full range of supply and demand-side levers. Sourcing knowledge will be applied in the execution of these plans across all category areas, whilst ensuring the risks associated with the purchase of goods and services are mitigated commercially, contractually and operationally.
The Ops Sourcing Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through E-Auctions where needed.
The role will likely work across a variety of categories so will need to demonstrate a broad range of Indirect category knowledge and be able to work dynamically and flexibly with a broad range of SMEs across the Client business.
The role holder will work with a variety of business partners within the Client retained organisation, spanning business operations, procurement and supply chain managers, this will require proactive engagement by the role holder to understand business requirements and ensure a definitive sourcing strategy is quickly established and delivered to within the agreed contractual SLAs and critical metrics.
Lastly, the role holder will be required to demonstrate professional and concise written and verbal communications in the required Country Language (English) and have the ability to build effective working relationships with a range of partners across the Client organisation.
Responsibilities
Sourcing of the Indirect Spend categories with spend range up to $5m
Drafting and Negotiating contracts; D-zrive the preparation of proposal documents, statement of works (SOWs), quotations and bids with pertinent specifications, terms and conditions committed
Use appropriate pre-approved legal templates to produce NDAs (Non-Disclosure Agreements), Call Off agreements and contract amendments/renewals
Develops, review, negotiate and executes complex business agreements and contracts as needed
Supplier evaluation, selection and set-up of ongoing performance management; Rate and lead performance of suppliers, ensure supplier performance of all contracts
To liaise with the partners to understand their requirements and close them in the given time frame
Perform spend & market analysis in order to identify the best available market price for the ongoing project/service
Responsible for savings targets, timely deliveries, and Customer Happiness within the contractual SLAs/critical metrics
Participate periodically to reviews with Global Category managers and Regional Heads of Procurement and their sourcing managers, to ensure strategies are aligned and pipeline activity is proceeding
Carry out all reporting requirements accurately and within the specified time scales as needed
Expertly apply appropriate procurement approach in negotiations; Independently prepare and lead negotiations to conclusion
Develop and drive effective relationships with suppliers, Coordinate, review and respond to supplier inquiries, protests and appeals
Agree sourcing plans and set expectations for effective value delivery
Help the customer understand and engage with the Organisation s procurement processes
Qualifications we seek in you
Procurement experience demonstrating a consistent track record of delivery of successful sourcing projects
Oral and written proficiency in English (additional languages are preferred)
Degree or equivalent professional qualification within Business Management, Procurement and/or Supply Chain management
Support multiple end-to-end sourcing projects in parallel; focusing on data accuracy and quality of output to Clients/Partners
Proven track record of supporting multiple sourcing activities, demonstrating an ability to lead parallel projects and being able to prioritise critical activity where needed
Builds and maintains effective partner and supplier relationships to assure successful business performance
Sound understanding and execution of effective negotiation strategy
Resolves quality problems with suppliers and partners quickly and efficiently, takes direction where needed
Reviews commercial contracts to ensure they protect Client against risk and deliver advantage to the business; puts forward suggestions for operational improvement (as appropriate)
Exposure to ERP and other procurement systems (Oracle Fusion / Archer / Emptoris and any other S&P tool)
Preferred qualifications
Category experience of buying; IT (Software, Hardware, Networks & Infrastructure, Data Centre) Telco, Marketing, HR Services, Professional Services, Travel, CRE, Facilities Management and Banking Operations
Supplier Management experience
Personal efficiency; Ambitious and self motivated
Ability to utilize influencing techniques
Proven ability to lead multiple projects/tasks effectively
Ability to lead change effectively; uses straightforward and constructive arguments to gain agreement from others
Analytical and financial skills
Demonstrated success working in a team environment
Exercises sound judgement on day to day business problems and provides recommendations for solving course correction
Ability to act on own initiative
Communicates clearly and with an inclusive style
Collaborative and cross cultural
Proficiency in Microsoft Office suite applications
Exposure to reviewing and understanding Dun & Bradstreet reports, Credit Scoring methods
Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at and on X, Facebook, LinkedIn, and YouTube.

Employment Type: Full Time, Permanent

Read full job description

Genpact Interview Questions & Tips

Prepare for Genpact Management Trainee roles with real interview advice

Top Genpact Management Trainee Interview Questions

Q1. What do you mean by balance sheet reconciliation could you explain briefly?
Q2. What's the difference between Intercompany and Intracompany?
Q3. what is the 3 way or 2 way checking in AP profile
View all 112 questions

What people at Genpact are saying

3.7
 Rating based on 2.3k Management Trainee reviews

Likes

There is nothing which is like in terms of Genpact . There is no straightforward promotion policy in Genpact Even in some process micromanagement and office politics are at very broad level.

Dislikes

Manager do not know how to communicate with their colleagues. Even in some cases proper nepotism is exist

Read 2.3k reviews

Management Trainee salary at Genpact

reported by 19k employees
₹1.6 L/yr - ₹8.5 L/yr
16% less than the average Management Trainee Salary in India
View more details

What Genpact employees are saying about work life

based on 30.1k employees
61%
84%
69%
58%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Genpact Benefits

Work From Home
Job Training
Soft Skill Training
Cafeteria
Health Insurance
Team Outings +6 more
View more benefits

Compare Genpact with

Accenture

3.9
Compare

Capgemini

3.8
Compare

TCS

3.7
Compare

Cognizant

3.8
Compare

Wipro

3.7
Compare

Infosys

3.7
Compare

Tech Mahindra

3.6
Compare

EXL Service

3.7
Compare

Deloitte

3.8
Compare

HCLTech

3.5
Compare

IBM

4.1
Compare

DXC Technology

3.7
Compare

NTT Data Information Processing Services

4.0
Compare

Sutherland Global Services

3.7
Compare

HCL Group

3.7
Compare

Virtusa Consulting Services

3.8
Compare

CGI Group

4.0
Compare

GlobalLogic

3.7
Compare

Eviden

3.6
Compare

UST

3.8
Compare

Similar Jobs for you

Sourcing Manager at Headstrong (GENPACT)

Chennai

4-9 Yrs

₹ 9-13 LPA

Management Trainee at Headstrong (GENPACT)

Kolkata

5-6 Yrs

₹ 7-8 LPA

Management Trainee at Genpact

Bangalore / Bengaluru

3-6 Yrs

₹ 3-6 LPA

Management Trainee at Genpact

Jaipur

3-7 Yrs

₹ 4-6.5 LPA

Assistant Procurement and Sourcing Manager at Headstrong (GENPACT)

Hyderabad / Secunderabad

5-13 Yrs

₹ 7-15 LPA

Assistant Supply Planning Manager at Headstrong (GENPACT)

Bangalore / Bengaluru

4-13 Yrs

₹ 6-15 LPA

Management Trainee at Genpact

Bangalore / Bengaluru

3-6 Yrs

₹ 3.5-6 LPA

Professional at IBM India Pvt. Limited

Bangalore / Bengaluru

3-5 Yrs

₹ 5-7 LPA

Senior Associate at Headstrong (GENPACT)

Chennai

2-7 Yrs

₹ 4-9 LPA

Supply Chain Manager at QnQ healthcare Pvt Ltd

Viluppuram

3-5 Yrs

₹ 5-7 LPA

Genpact Hyderabad / Secunderabad Office Locations

View all
Hyderabad Office
Hyderabad-Gachibowli SEZ: 3rd & 4th Floor, Block 2 DLF Cyber city, Plot No. 129-132, Opp. A.P.H.B. Colony, Gachibowli, Hyderabad. Hyderabad
500019
Hyderabad Office
Hyderabad-Pocharam: GENPACT, 4th, 5th & 6th Floors, Building 8, Raheja Mind Space, Pocharam, Ranga Reddy, Secunderabad, Telangana. Hyderabad
500088

Management Trainee - Sourcing and Procurement

5-6 Yrs

Hyderabad / Secunderabad

1d ago·via naukri.com

PA- Customer Care

0-2 Yrs

Hyderabad / Secunderabad

8hr ago·via naukri.com

Genpact Hiring!! Dot Net Developer - Mumbai

8-13 Yrs

Goregaon

10hr ago·via naukri.com

Smartsheet Developer - Zapier/Workato (4-8 yrs)

4-8 Yrs

20hr ago·via hirist.com

Oracle Scm Functional Consultant

4-9 Yrs

₹ 11 - 17L/yr

Noida, Hyderabad / Secunderabad, Bangalore / Bengaluru

21hr ago·via naukri.com

Oracle Financial Functional Consultant

4-9 Yrs

Noida, Hyderabad / Secunderabad, Bangalore / Bengaluru

21hr ago·via naukri.com

Oracle Apps Technical

4-9 Yrs

Noida, Hyderabad / Secunderabad, Bangalore / Bengaluru

21hr ago·via naukri.com

Genpact Walk-In Drive For Content Moderation- Hindi- venue: Jamshedpur

0-1 Yrs

Hyderabad / Secunderabad

1d ago·via naukri.com

Genpact Walk-In Drive For Content Moderation- Hindi- venue: Patna

0-1 Yrs

Hyderabad / Secunderabad

1d ago·via naukri.com

Genpact Walk-In Drive For Content Moderation- Hindi- venue: Kolhapur

0-1 Yrs

Hyderabad / Secunderabad

1d ago·via naukri.com
write
Share an Interview