AM -Tail Spend - US shift - Uppal
AM -Tail Spend - US shift - Uppal
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Job Description
Genpact (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 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 lowvalue highfrequency 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 nonstrategic 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 organizations 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 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 Bachelors 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 problemsolving 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 crossfunctional teams.
o Attention to detail and commitment to process improvement.
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 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.
Employment Type
Full-Time
