Management Trainee

4 weeks ago

bangalore, India Genpact Full time

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 Mana gement trainee- Sourcing To Procurement

The role will likely 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 Experts) in sourcing across the Client business.

Responsibilities

·Sourcing of the Indirect Spend categories with spend range up to $5m

·Drafting and Negotiating contracts; drive the preparation of proposal documents, statement of works (SOWs), quotations and competitive bids with pertinent specifications, terms and conditions attached

·Use appropriate pre-approved legal templates to produce Call Off agreements, contract amendments/renewals and new sourcing.

·Develops, review, negotiate and executes complex business agreements and contracts as needed

·Supplier evaluation, selection and set-up of ongoing performance management; Rate and manage performance of suppliers, ensure supplier performance of all contracts

·To liaise with the stakeholders to understand their requirements and close them in the given time frame

·Perform spend & market analysis in order to identify best available market price for the ongoing project/service

·Responsible for savings targets, timely deliveries, and Customer Satisfaction within the contractual SLAs/KPIs

·Participate periodically to reviews with Global Category managers and Regional 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

·Skillfully apply appropriate procurement approach in negotiations; Independently prepare and lead negotiations to conclusion

·Develop and drive effective relationships with suppliers, Coordinate, review and respond to supplier inquiries, protests, and appeals

·Agree sourcing plans and set expectations for effective value delivery

·Help the customer understand and engage with the Organization’s procurement processes

Qualifications we seek in you

Minimum Qualifications

·Procurement experience (minimum years, at least in a procurement role) demonstrating a proven track record of delivery of successful sourcing projects

·Oral and written fluency in English (additional languages are preferred) is non-negotiable.

·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/Stakeholders

·Proven track record of supporting multiple sourcing activities, demonstrating an ability to manage parallel projects and being able to prioritise critical activity where needed

·Builds and maintains effective stakeholder and supplier relationships to assure successful business performance

·Sound understanding and execution of effective negotiation strategy

·Resolves quality problems with suppliers and stakeholders quickly and efficiently, takes direction where needed

·Reviews commercial contracts to ensure they protect Client against risk and deliver advantage to the business; puts forward suggestions for process improvement (as appropriate)

· Recruitment Process will involve a few rounds of interview on as required basis and below non negotiable assessments:-

1. Speech test – SpeechX or any other tool

2. Case study / other sourcing assessments

The minimum passing score required is as per below:-

Speech X

Case Study

4A

A2

55%

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