Management Trainee - Sourcing

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 Management Trainee, Sourcing and Procurement

In this role you will be responsible for to 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

Responsibility

· 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 responsability 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.

· Prepare MIS for available data on regular basis.

· 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 Relationshipwith 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

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 diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at genpact.com and on LinkedIn , X , YouTube , and Facebook .

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 'starter kit,' paying to apply, or purchasing equipment or training.