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5.0 - 9.0 years

0 Lacs

karnataka

On-site

The Group Procurement team at LSEG is undergoing a transformation following the acquisition of Refinitiv in 2021. As part of this integration program, the aim is to merge and enhance the procurement functions of both companies, creating a unified and exceptional Group Procurement Team. The primary focus of Group Procurement is the management of third-party suppliers to provide the necessary skills for various company projects. The team's goal is to streamline the process of doing business with LSEG, viewing suppliers as a source of competitive advantage rather than just a cost consideration. Key characteristics of the Group Procurement organization include managing a supplier spend of approximately 2.2BN across about 5,000 suppliers. The team is structured around master categories of spend such as Technology, Services, and Corporate, with a focus on category management, sourcing, supplier relationship management, and business partnerships. The Strategy & Performance center serves as an enabling function to drive and implement the procurement strategy, best practices, and processes. The team is geographically dispersed, with hubs in London, Bangalore, and New York, supported by decentralized activities in various global locations in Europe and Asia. The Services team within Group Procurement is responsible for managing the commercial aspects of group spend in categories such as Technology Services, IT and Business Outsourcing, Contingent Labour, and Strategic Consulting. The team collaborates with business customers to provide flexible solutions to support LSEG's strategic objectives. The role within the Services tower involves implementing strategies defined by the Category Lead/Director and Category Managers. The responsibilities include a combination of sourcing, supplier management, and business engagement activities, with a primary focus on sourcing. Additionally, the role involves managing a subset of LSEG's key suppliers, driving the supplier relationship management program, and overseeing purchase requests and SOWs in Ariba and Oracle. Key responsibilities of the role include supporting the category strategy, leading sourcing and negotiation activities, engaging with stakeholders, ensuring compliance with procurement processes, and researching market developments. The candidate should have experience in IT Professional Services procurement, strong negotiation and communication skills, market analysis expertise, and the ability to prioritize and meet deadlines. Desirable qualifications include procurement certifications, knowledge of Agile SOW construction, experience with leading suppliers in the industry, and familiarity with e-sourcing tools. LSEG offers a dynamic and inclusive work environment, where individuality is valued, and employees are encouraged to contribute new ideas and drive sustainable growth in the financial ecosystem.,

Posted 1 week ago

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0.0 years

0 Lacs

hyderabad, telangana, india

On-site

Ready to shape the future of work At Genpact, we don't just adapt to change-we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies most complex challenges.If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that's shaping the future, this is your moment.Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. Inviting applications for the role of Assistant Manager, Source to Pay The Tactical Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through eAuctions. It is encouraged that post-contract value opportunities will be identified and delivered through working with business supplier managers and the local supply base making sure that these opportunities align with Category Strategies at all times. The role will likely work across a variety of categories so we will need to demonstrate a broad range of category knowledge and be able to work dynamically and flexibly with a broad range of SMEs. Responsibilities Sourcing of the Indirect Spend categories with spend range <%24250k Rate and manage the performance of suppliers, ensure supplier performance of all contracts Negotiating and concluding contracts Ensuring that the services are as per the contracts Drive the preparation of proposals, quotations and competitive bids with pertinent specifications, terms, and conditions Develops, reviews negotiates and executes complex business agreements and contracts Supplier evaluation, selection, and set-up of ongoing performance management Will have to scout for better suppliers To collaborate closely with the customers to understand their requirements and close them in the given time frame Perform spend & market analytics in order to identify the best available market price for the ongoing project. Should be able to optimally manage internal/external customers & partners Responsible for savings targets, timely deliveries, and Customer Happiness Participate periodically to reviews with Regional commodity managers to ensure strategies are aligned and pipeline activity is proceeding Carry out all reporting requirements accurately and within the specified time scales Qualifications Minimum qualifications Graduation (in any subject area) Relevant work experience in a sourcing role preferably with indirect services experience Business knowledge and day to day understanding Sourcing and Procurement activities Good communication and analytical skills. Strong analytics skills Preferred qualifications Strong customer-centric focus, relationship management with key partners, persuasive, negotiating, proactive and can-do attitude a must Good command of MS Office Tools (i.e. excel, ppt) Exposure to ERP systems (Oracle / SAP / Ariba / Emptoris any other S&P tools is positive) Why join Genpact . Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation . Make an impact - Drive change for global enterprises and solve business challenges that matter . Accelerate your career - Get hands-on experience, mentorship, and continuous learning opportunities . Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day . Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up. Let's build tomorrow together.Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.

Posted 1 week ago

Apply

0.0 years

0 Lacs

hyderabad, telangana, india

On-site

Ready to shape the future of work At Genpact, we don&rsquot just adapt to change&mdashwe drive it. AI and digital innovation are redefining industries, and we&rsquore leading the charge. Genpact&rsquos AI Gigafactory, our industry-first accelerator, is an example of how we&rsquore scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies most complex challenges. If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that&rsquos shaping the future, this is your moment. Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. Inviting applications for the role of Assistant Manager, Source to Pay The Tactical Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through eAuctions. It is encouraged that post-contract value opportunities will be identified and delivered through working with business supplier managers and the local supply base making sure that these opportunities align with Category Strategies at all times. The role will likely work across a variety of categories so we will need to demonstrate a broad range of category knowledge and be able to work dynamically and flexibly with a broad range of SMEs. Responsibilities . Sourcing of the Indirect Spend categories with spend range <%24250k . Rate and manage the performance of suppliers, ensure supplier performance of all contracts . Negotiating and concluding contracts . Ensuring that the services are as per the contracts . Drive the preparation of proposals, quotations and competitive bids with pertinent specifications, terms, and conditions . Develops, reviews negotiates and executes complex business agreements and contracts . Supplier evaluation, selection, and set-up of ongoing performance management . Will have to scout for better suppliers . To collaborate closely with the customers to understand their requirements and close them in the given time frame . Perform spend & market analytics in order to identify the best available market price for the ongoing project. . Should be able to optimally manage internal/external customers & partners . Responsible for savings targets, timely deliveries, and Customer Happiness . Participate periodically to reviews with Regional commodity managers to ensure strategies are aligned and pipeline activity is proceeding . Carry out all reporting requirements accurately and within the specified time scales Qualifications Minimum qualifications . Graduation (in any subject area) . Relevant work experience in a sourcing role preferably with indirect services experience . Business knowledge and day to day understanding Sourcing and Procurement activities . Good communication and analytical skills. . Strong analytics skills Preferred qualifications . Strong customer-centric focus, relationship management with key partners, persuasive, negotiating, proactive and can-do attitude a must . Good command of MS Office Tools (i.e. excel, ppt) . Exposure to ERP systems (Oracle / SAP / Ariba / Emptoris any other S&P tools is positive) Why join Genpact . Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation . Make an impact - Drive change for global enterprises and solve business challenges that matter . Accelerate your career Get hands-on experience, mentorship, and continuous learning opportunities . Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day . Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up. Let&rsquos build tomorrow together. Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.

Posted 1 week ago

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5.0 - 9.0 years

0 Lacs

noida, uttar pradesh

On-site

You will be responsible for managing spend analysis for allocated categories and consolidating demand/requirements across business lines. It is essential to stay updated with supplier market trends and innovations to identify changes in balance in buyer-supplier power. Your role will involve developing a strategic supplier base for the assigned categories to create a sustainable competitive advantage for Kama Ayurveda. Collaboration with R&D teams is crucial to identify and arrange raw materials for new product development. You will define and implement category strategies (raw materials) in close alignment with the Procurement Head and develop a yearly negotiation calendar while conducting price discovery exercises. Executing various sourcing processes such as sending RFI/RFQ, conducting auctions, leading price negotiations, and finalizing contracts will be part of your responsibilities. It is important to utilize multiple sourcing levers like supplier costing, value engineering, and consolidation to extract maximum value in terms of price, quality, and timeliness while ensuring TCO comparison for all purchases. Maintaining legal frame/rate contracts and being responsible for supplier management processes including qualification, selection, evaluation, development, and classification are key tasks. Conducting supplier evaluations to enhance relationships with the best suppliers and ensure transparency is also essential. Supporting compliance with relevant legal obligations related to the goods, services, or works to be purchased, such as environmental/health and safety legislation, is part of the role. Identifying and executing cost improvement projects (CIP) to meet sourcing annual targets will be a focus area. As prerequisites, you should hold a Bachelors/Masters degree with a minimum of 5 years of experience in a Procurement/strategic sourcing role, preferably in skincare, beauty, personal care, or the FMCG sector. A good understanding of strategic sourcing practices, experience in running e-rfx, e-auctions, knowledge of the supplier market landscape, proficiency in MS-Excel, and excellent written and verbal communication skills are required for this role.,

Posted 1 month ago

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5.0 - 9.0 years

0 Lacs

karnataka

On-site

The Group Procurement team at LSEG is undergoing a transformation to combine and enhance the procurement functions into a single, exceptional Group Procurement Team. With a focus on commercial management of third-party suppliers, the team is dedicated to providing the necessary skills to drive company projects and make LSEG more appealing to do business with. The team considers suppliers as a source of competitive advantage rather than just a cost. The new Group Procurement organization manages a supplier spend of approximately 2.2BN across around 5,000 suppliers. Aligned with master categories of spend such as Technology, Services, and Corporate, the team concentrates on category management, sourcing, supplier relationship management, and business partnerships. Additionally, there is a Strategy & Performance centre that facilitates the implementation of best-in-class procurement policies and processes to drive the overall strategy of the Group Procurement function. The Services team within the Group Procurement organization is responsible for the commercial aspects of Technology Services, including IT and Business Outsourcing, Contingent Labour, and Strategic Consulting. By partnering with business customers, the team provides flexible options to support the delivery of short- and long-term strategic objectives at LSEG. The role within the Services team involves implementing strategies under the guidance of Category Leads/Directors and Managers, focusing on sourcing, supplier management, and business engagement activities. Responsibilities include leading sourcing and negotiation activities, managing supplier relationships, monitoring purchase requests, and ensuring compliance with procurement processes. Moreover, the role entails engaging with key partners across various functions within LSEG, maintaining procurement systems and tools, and supporting contract management activities. The ideal candidate for this role should possess good experience in procurement, strong negotiation skills, effective communication abilities, and a proactive approach to work. Additionally, candidates should have a strong IT skill set, analytical capabilities, and the ability to build relationships and collaborate effectively within a team environment. Educational qualifications to a degree level are required, along with desirable certifications in procurement operations and knowledge of Agile SOW construction. Joining LSEG means becoming a part of a global organization dedicated to driving financial stability, empowering economies, and fostering sustainable growth. The company values integrity, partnership, excellence, and change, which serve as the foundation of its culture. Working at LSEG offers the opportunity to contribute to a diverse and inclusive workforce, collaborate in a creative environment, and play a vital role in re-engineering the financial ecosystem to support sustainable economic growth.,

Posted 1 month ago

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3.0 - 7.0 years

0 Lacs

pune, maharashtra

On-site

The Sourcing Specialist role involves managing the sourcing process efficiently within the SAP Ariba system to support global and local teams. It includes executing sourcing strategies, conducting e-auctions, and ensuring compliance with procurement policies and procedures. You will be responsible for managing the end-to-end sourcing process within the SAP Ariba system and supporting global and local teams in executing sourcing strategies and initiatives. Conducting e-auctions using SAP Ariba to achieve competitive pricing and optimal terms will be a key part of your role. Collaboration with stakeholders to understand sourcing requirements and develop appropriate sourcing plans is essential. You will need to identify and evaluate potential suppliers, ensuring they meet quality, cost, and delivery requirements. Negotiating contracts and agreements with suppliers to secure favorable terms and conditions will also be part of your responsibilities. Monitoring supplier performance, managing supplier relationships, and maintaining accurate records of sourcing activities and supplier information within the SAP Ariba system are crucial aspects of this role. Providing training and support to team members on the use of SAP Ariba and sourcing best practices is also required. Analyzing sourcing data, generating reports to track performance, cost savings, and key performance indicators (KPIs), as well as ensuring compliance with procurement policies, procedures, and regulatory requirements are key responsibilities. Job Requirements: - Bachelor's degree in a relevant field; a Master's degree is preferred. - Minimum of 3 years of experience in sourcing, procurement, or a related field. - Strong knowledge of SAP Ariba, including experience with e-auctions. - Excellent negotiation and contract management skills. - Strong analytical and problem-solving abilities. - Exceptional communication skills, both verbal and written. - Ability to work effectively with cross-functional teams and stakeholders at all levels of the organization. Leadership Behaviors: - Setting a clear direction - Simplification - Collaborate & break silos - Execution & Accountability - Growth mindset - Innovation - External focus,

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2.0 - 4.0 years

0 Lacs

Noida, Uttar Pradesh, India

On-site

Ready to shape the future of work At Genpact, we don&rsquot just adapt to change&mdashwe drive it. AI and digital innovation are redefining industries, and we&rsquore leading the charge. Genpact&rsquos AI Gigafactory, our industry-first accelerator, is an example of how we&rsquore scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies most complex challenges. If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that&rsquos shaping the future, this is your moment. Genpact (NYSE: G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook. Inviting applications for the role of Assistant Manager, Commercial Sourcing In this role, you 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 Commercial Sourcing Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through eAuctions where needed. The role will 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 Guides) You will work with a variety of business partners within the Client retained organization, spanning business operations, procurement and supply chain managers, this will require proactive engagement by the role holder to understand business requirements and ensure a conclusive 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 organization. Responsibilities Sourcing of the Indirect Spend categories with spend range up to £500k Drafting and Negotiating contracts drive the preparation of proposal documents, statement of works (SOWs), quotations and bids with pertinent specifications, terms and conditions attached 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 Authoritatively apply appropriate procurement approach in negotiations, independently prepare and lead negotiations to conclusion Supplier evaluation, selection and set-up of ongoing performance management Rate and handle 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 Satisfaction within the contractual SLAs/critical metrics Participate periodically to reviews with Category managers and 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 11. Develop relationships with suppliers, Coordinate, review and respond to supplier inquiries, protests and appeals Agree sourcing plans and set expectations for effective value delivery Help business Partners understand and engage with the Client&rsquos procurement processes & systems Qualifications Minimum qualifications Graduate (in any stream) Procurement experience demonstrating a proven track record of delivery of successful sourcing projects Confirmed category expertise (has completed at least one moderately complex sourcing strategy or 2-3 complex sourcing strategies which brought measurably improved results). Category experience needed IT (Software, Hardware, Networks & Infrastructure, Data Centre) Telco, Marketing, HR Services, Professional Services, Travel, CRE, Facilities Management, Dental and Medical 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 balance parallel projects and being able to prioritise critical activity where needed MS Excel capability and ability to do build cost and saving models with multiple &ldquoWhat If scenarios Builds and maintains effective partner and supplier relationships to assure successful business performance Sound understanding and execution of effective negotiation strategy Preferred Experience Supplier Management experience Personal efficiency Ambitious and proactive Ability to use influencing techniques Confirmed ability to handle multiple projects/tasks effectively Ability to handle change effectively uses straightforward and constructive arguments to gain consensus from others Extensive 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 Communicates clearly and with a versatile style Proficiency in Microsoft Office suite applications Why join Genpact . Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation . Make an impact - Drive change for global enterprises and solve business challenges that matter . Accelerate your career Get hands-on experience, mentorship, and continuous learning opportunities . Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day . Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters: Up. Let&rsquos build tomorrow together.Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.

Posted 1 month ago

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2.0 - 6.0 years

0 Lacs

hyderabad, telangana

On-site

Genpact is a global professional services and solutions firm dedicated to delivering outcomes that shape the future. With a workforce of over 125,000 individuals spanning across 30+ countries, we are fueled by curiosity, entrepreneurial agility, and the pursuit of creating lasting value for our clients. Our purpose, the relentless pursuit of a world that works better for people, drives us to serve and transform leading enterprises, including the Fortune Global 500, through our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. As a Tactical Buyer, your primary responsibility will be to support the execution of eSourcing and drive incremental value to the business through eAuctions. You will be expected to identify post-contract value opportunities by collaborating with business supplier managers and the local supply base, ensuring alignment with Category Strategies. This role will involve working across various categories, thus requiring a broad range of category knowledge and the ability to work collaboratively with subject matter experts. Your key responsibilities will include sourcing of Indirect Spend categories, rate and manage supplier performance, negotiate and conclude contracts, ensure services align with contractual terms, drive proposal preparations, develop complex business agreements, evaluate and select suppliers, scout for better suppliers, collaborate with customers to understand their requirements, perform spend and market analytics, manage internal and external relationships effectively, meet savings targets, and ensure timely deliveries while maintaining customer satisfaction. To qualify for this role, you should possess a Bachelor's degree, have relevant work experience in sourcing, preferably with indirect services, demonstrate strong business knowledge, sourcing, and procurement expertise, possess excellent communication and analytical skills, and exhibit strong analytics capabilities. Preferred qualifications include a customer-centric focus, relationship management skills, persuasive negotiation abilities, proactive attitude, proficiency in MS Office tools (e.g., Excel, PowerPoint), and exposure to ERP systems (e.g., Oracle, SAP, Ariba, Emptoris, or other S&P tools). Join us as a Management Trainee at our India-Hyderabad location on a full-time basis. If you are passionate about operations and seek a dynamic role that offers growth opportunities while contributing to creating a better world through professional services, we welcome your application.,

Posted 1 month ago

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3.0 - 7.0 years

0 Lacs

karnataka

On-site

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. The Tactical Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through eAuctions. It is encouraged that post-contract value opportunities will be identified and delivered through working with business supplier managers and the local supply base making sure that these opportunities align with Category Strategies at all times. The role will likely work across a variety of categories so we will need to demonstrate a broad range of category knowledge and be able to work dynamically and flexibly with a broad range of SMEs. Responsibilities Sourcing of the Indirect Spend categories with spend range Rate and manage the performance of suppliers, ensure supplier performance of all contracts Negotiating and concluding contracts Ensuring that the services are as per the contracts Drive the preparation of proposals, quotations and competitive bids with pertinent specifications, terms, and conditions Develops, reviews negotiates and executes complex business agreements and contracts Supplier evaluation, selection, and set-up of ongoing performance management Will have to scout for better suppliers To collaborate closely with the customers to understand their requirements and close them in the given time frame Perform spend & market analytics in order to identify the best available market price for the ongoing project. Should be able to optimally manage internal/external customers & partners Responsible for savings targets, timely deliveries, and Customer Happiness Participate periodically to reviews with Regional commodity managers to ensure strategies are aligned and pipeline activity is proceeding Carry out all reporting requirements accurately and within the specified time scales Qualifications Minimum qualifications Graduation (in any subject area) Relevant work experience in a sourcing role preferably with indirect services experience Business knowledge and day to day understanding Sourcing and Procurement activities Good communication and analytical skills. Strong analytics skills Preferred Qualifications Strong customer-centric focus, relationship management with key partners, persuasive, negotiating, proactive and can-do attitude a must Good command of MS Office Tools (i.e. excel, ppt) Exposure to ERP systems (Oracle / SAP / Ariba / Emptoris any other S&P tools is positive) Job Assistant Manager Primary Location India-Bangalore Schedule Full-time Education Level Bachelor's / Graduation / Equivalent Job Posting Apr 1, 2025, 10:26:12 PM Unposting Date Ongoing Master Skills List Operations Job Category Full Time,

Posted 1 month ago

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2.0 - 5.0 years

0 Lacs

Hyderabad, Telangana, India

On-site

Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI. Inviting applications for the role of AM, Commercial Sourcing In this role, you 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 Commercial Sourcing Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through eAuctions where needed. The role will 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 Guides) You will work with a variety of business partners within the Client retained organization, spanning business operations, procurement and supply chain managers, this will require proactive engagement by the role holder to understand business requirements and ensure a conclusive 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 organization. Responsibilities . Sourcing of the Indirect Spend categories with spend range up to £500k . Drafting and Negotiating contracts drive the preparation of proposal documents, statement of works (SOWs), quotations and bids with pertinent specifications, terms and conditions attached . 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 Authoritatively apply appropriate procurement approach in negotiations, independently prepare and lead negotiations to conclusion . Supplier evaluation, selection and set-up of ongoing performance management Rate and handle 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 Satisfaction within the contractual SLAs/critical metrics . Participate periodically to reviews with Category managers and 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 . 11. Develop relationships with suppliers, Coordinate, review and respond to supplier inquiries, protests and appeals . Agree sourcing plans and set expectations for effective value delivery . Help business Partners understand and engage with the Client&rsquos procurement processes & systems Qualifications Minimum qualifications . Graduate (in any stream) . Procurement experience demonstrating a proven track record of delivery of successful sourcing projects . Confirmed category expertise (has completed at least one moderately complex sourcing strategy or 2-3 complex sourcing strategies which brought measurably improved results). Category experience needed IT (Software, Hardware, Networks & Infrastructure, Data Centre) Telco, Marketing, HR Services, Professional Services, Travel, CRE, Facilities Management, Dental and Medical . 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 balance parallel projects and being able to prioritise critical activity where needed . MS Excel capability and ability to do build cost and saving models with multiple &ldquoWhat If scenarios . Builds and maintains effective partner and supplier relationships to assure successful business performance . Sound understanding and execution of effective negotiation strategy Preferred Experience . Supplier Management experience . Personal efficiency Ambitious and proactive . Ability to use influencing techniques . Confirmed ability to handle multiple projects/tasks effectively . Ability to handle change effectively uses straightforward and constructive arguments to gain consensus from others . Extensive 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 . Communicates clearly and with a versatile style . Proficiency in Microsoft Office suite applications Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values respect and integrity, customer focus, and innovation. Get to know us at www.genpact.com and on X, Facebook, LinkedIn, and YouTube. Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a %27starter kit,%27 paying to apply, or purchasing equipment or training.

Posted 2 months ago

Apply
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