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Genpact

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3.9

based on 30.5k Reviews

Proud winner of ABECA 2024 - AmbitionBox Employee Choice Awards

Top Rated Mega Company - 2024

Top Rated Company for Women - 2024

Top Rated IT/ITES Company - 2024

2077 Genpact Jobs

AM -Tail Spend

Headstrong (GENPACT)

3.9

based on 30.5k Reviews

1-4 years

₹ 5 - 16L/yr (AmbitionBox estimate)

Hyderabad / Secunderabad

1 vacancy

AM -Tail Spend

Genpact

posted 11d ago

Job Role Insights

Flexible timing

Key skills for the job

SAP CO Data Analytics Supply Chain Management Oracle Analytical Chemistry Risk Management

+ 4 more

Job Description

Inviting applications for the role of Assistant Manager, TailSpend

In this role, you will be working in Tail Spend analysis.

Responsibilities Tail Spend Analysis and Segmentation o Analyze tail spend data to identify patterns, opportunities, and risks. o Develop and implement strategies to optimize tail spend. o Segment tail spend by category, volume, and frequency for focused management. Procurement Process Optimization o Standardize and streamline purchasing processes for low-value, high-frequency items. o Implement process improvements to reduce inefficiencies and manual processes. o Automate and digitize tail spend transactions wherever possible to improve visibility and control. Supplier Management o Develop and manage relationships with tail spend suppliers. o Negotiate contracts for non-strategic purchases to ensure favourable terms and conditions. o Work with key suppliers to drive cost reduction initiatives and improve service levels. Compliance and Risk Management o Ensure that tail spend purchases comply with the organization s procurement policies and standards. o Identify and mitigate risks associated with unmanaged or poorly managed tail spend. o Establish and enforce guidelines to maintain compliance with ethical sourcing practices. Reporting and Performance Metrics o Develop and track key performance indicators (KPIs) to monitor tail spend performance. o Prepare regular reports on tail spend trends, savings, and supplier performance. o Provide insights and recommendations to senior management based on analysis of tail spend data. Collaboration and Stakeholder Management o Collaborate with internal departments (e.g., finance, operations, legal) to ensure tail spend management aligns with business objectives. o Provide support and training to internal stakeholders on best practices in managing tail spend. o Act as a liaison between departments to ensure smooth communication and efficient execution of tail spend strategies. Continuous Improvement o Stay informed about market trends, procurement best practices, and industry benchmarks. o Drive continuous improvement initiatives in tail spend management to ensure maximum value for the business. Qualifications we seek in you Minimum Qualifications / Skills

Education

o Bachelor s degree in Business, Supply Chain Management, Procurement, or related field.

o Professional certifications (e.g., CIPS, CPSM) are added advantage.

Experience

o Prior experience in managing tail spend is highly preferred.

o Experience with procurement systems, supplier relationship management, and spend analytics tools.

Skills

o Strong analytical and problem-solving skills, with the ability to interpret complex data.

o Proficiency in procurement software (e.g., SAP Ariba, Coupa, Oracle) and Microsoft Office Suite (Excel, PowerPoint).

o Excellent negotiation, communication, and interpersonal skills.

o Ability to work independently and collaborate effectively with cross-functional teams.

o Attention to detail and commitment to process improvement.

Employment Type: Full Time, Permanent

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What people at Genpact are saying

3.6

Rating based on 2.1k Assistant Manager reviews

Anonymous · Finance & Accounting in New Delhi

Likes

Nothing to like in this company except for job security.

Job security - Excellent

Dislikes

Worst company now a days to work with. Only politics and management takes advantage of every thing even they use team fund for their own purpose and benifit.