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Genpact
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2423 Genpact Jobs
Management Trainee
0-4 years
₹ 4.8 - 10L/yr (AmbitionBox estimate)
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.
Bangalore / Bengaluru
1 vacancy
Management Trainee
Genpact
posted 17d ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
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 (Subject Matter Experts) in sourcing across the Client business.
Responsibilities Sourcing of the Indirect Spend categories with spend range up to $5m
Drafting and Negotiating contracts; drive the preparation of proposal documents, statement of works (SOWs), quotations and competitive bids with pertinent specifications, terms and conditions attached
Use appropriate pre-approved legal templates to produce Call Off agreements, contract amendments/renewals and new sourcing.
Develops, review, negotiate and executes complex business agreements and contracts as needed
Supplier evaluation, selection and set-up of ongoing performance management; Rate and manage performance of suppliers, ensure supplier performance of all contracts
To liaise with the stakeholders to understand their requirements and close them in the given time frame
Perform spend & market analysis in order to identify best available market price for the ongoing project/service
Responsible for savings targets, timely deliveries, and Customer Satisfaction within the contractual SLAs/KPIs
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
Skillfully 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 Organization s procurement processes
Qualifications we seek in you Minimum Qualifications Procurement experience (minimum years, at least in a procurement role) demonstrating a proven track record of delivery of successful sourcing projects
Oral and written fluency in English (additional languages are preferred) is non-negotiable.
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/Stakeholders
Proven track record of supporting multiple sourcing activities, demonstrating an ability to manage parallel projects and being able to prioritise critical activity where needed
Builds and maintains effective stakeholder and supplier relationships to assure successful business performance
Sound understanding and execution of effective negotiation strategy
Resolves quality problems with suppliers and stakeholders 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 process improvement (as appropriate)
Employment Type: Full Time, Permanent
Read full job descriptionGenpact Interview Questions & Tips
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Top Genpact Management Trainee Interview Questions
Q1. What do you mean by balance sheet reconciliation could you explain briefly?
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Q2. What's the difference between Intercompany and Intracompany?
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View answers (17) Q3. what is the 3 way or 2 way checking in AP profile
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View answers (9) What people at Genpact are saying
Rating based on 2.3k Management Trainee
reviews
Anonymous · Accounting & Taxation
in Gurgaon / Gurugram, Haryana
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 reviewsManagement Trainee salary at Genpact
reported by
18.9k
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 29.8k employees
Flexible timing
Monday to Friday
No travel
Day Shift
Genpact Benefits
View more benefits
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Genpact Bangalore / Bengaluru Office Location
Bangalore Office
Bangalore: 99, Surya Park, Electronic City, Phase 1, Bangalore, Karnataka, India.
Bangalore
560100
560100
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