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You will be updated with latest job alerts via emailGenpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125000 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 application for the role of Assistant Manager Sourcing & Procurement Specialists
Responsibilities
In this role the shortlisted candidate will be responsible to
Category landscaping & Supplier identification
Develop technical and regional supplier market intelligence.
New Supplier Onboarding and Supplier data management (HICX or Client specific database)
Creation of RFQ packages for Manufacturing parts across various commodities based on production / project requirements and timelines by collecting relevant details like Approved Vendor list drawings specifications checklists etc.
Setup and Run eRFX events using tools like Arriba including reverse auctions if required
Sending RFQ packages to various suppliers in their respective regions or even globally.
Understand queries from Suppliers and coordinate with relevant stakeholders to provide timely clarifications / resolution to suppliers.
Post receipt of a response
o Validate responses for completeness and identify variances if any and resolve.
o Preliminary Bid Analysis and submit quote comparison report to stake holders
o Provide recommendations and alternate bid strategy if any for effective price negotiation.
o Negotiate with the respective suppliers on price delivery etc.
Award contract and communicate with Suppliers and relevant stakeholders.
Update necessary systems to enable PO generation.
Liaise with the customers (endusers) to understand their requirements and close them in the given time frame
Proactively identify opportunities for negotiations for better commercial or contractual terms.
Continuously assess the overall spend identify and implement savings opportunities
Analyze the purchasing power of the organization and leverage it in effective sourcing strategies through specification rationalization and regional volume consolidation
Negotiate and conclude the negotiations into standard frameworks/contracts
Ensure that the purchased services are delivered as per the contractual agreement (SLA KPI etc)
Will be responsible for tracking actual vs. forecasted savings targets timely deliveries Customer Satisfaction opportunity identifications.
Hosts source selection/procurement review boards. Negotiates pricing and other contract terms and conditions. Prepares and executes negotiated contractual documents and binding agreements. Administers contracts and contract changes. Interprets and enforces contract terms and conditions. Validates compliance with company policies procedures and contractual requirements.
Identifies strategic suppliers to engage in the new business acquisition process. Conducts bidder conference.
Should be familiar with supplier consolidation process reduce the supplier base and optimize savings opportunity.
Project tracker with milestone Plan v/s actual
Recurring review to track project milestones
Track cost reduction activities / SCRI (supplier cost reduction ideas)
Initiate PPAP requests and PPAP deliverables tracking
Maintain commodity tracker for all projects.
Maintain PIR tracker
Project savings tracker (PST) upload and maintenance
Sourcing dashboard updates Commodity trend analysis & tracking.
Impact Analysis and Data collections on Price increase/decrease
Track part cost data and analytics
Deflation/Power BI report analysis Top drivers
Biweekly forecasting based on open PO/forecast Gap v/s Budget v/s Projected savings
Identify cost Saving opportunity using levers like dual sourcing SCRI Should cost etc.
Sourcing Rules Price Feed upload.
Initiate PPAP requests
Workflow Approval Requests for Site approvals SCM handover / SSS/ PID
PO release or NRE / CAPEX
PO release or Initial samples
Qualifications we seek in you!
Minimum qualifications
Graduate Electrical Engineer or Mechanical Engineer
Good years of work experience
Must have sound knowledge of English
Preferable to have practical knowledge of Ariba eProcurement tool
Sourcing specific certifications like CPM SPSM is a plus.
Preferred qualifications
Postgraduate with Supply Chain & Procurement certifications like CPM/CPIM
Good command over any SAP module (preferably PMX)
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. For more information visit . Follow us on Twitter 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 starter kit paying to apply or purchasing equipment or training.
Required Experience:
Manager
Full-Time