Assistant Manager - Sourcing & Procurement Specialist-ANA016593

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 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 intelligenc e.
• 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 ,
• Validate responses for completeness and identify variances if any and resolve.
• Preliminary Bid Analysis and submit quote comparison report to stake holders
• Provide recommendations and alternate bid strategy if any for effective price negotiation.
• 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 (end-users) 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
• S ourcing 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 P rojected 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

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• Must have sound knowledge of English
• Preferable to have practical knowledge of Ariba e-Procurement 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 www.genpact.com . 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.
Job
Assistant Manager
Primary Location
India-Bangalore
Schedule
Full-time
Education Level
Bachelors / Graduation / Equivalent
Job Posting
Mar 19, 2025, 5:44:08 PM
Unposting Date
Apr 18, 2025, 11:59:00 PM
Master Skills List
Operations
Job Category
Full Time