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Procurement Analyst
2 months ago
With a startup spirit and 115,000 + curious and courageous minds, we have the expertise to go deep with the world’s biggest brands—and we have fun doing it We dream in digital, dare in reality, and reinvent the ways companies work to make an impact far bigger than just our bottom line. We’re harnessing the power of technology and humanity to create meaningful transformation that moves us forward in our pursuit of a world that works better for people.
Now, we’re calling upon the thinkers and doers, those with a natural curiosity and a hunger to keep learning, keep growing. People who thrive on fearlessly experimenting, seizing opportunities, and pushing boundaries to turn our vision into reality. And as you help us create a better world, we will help you build your own intellectual firepower.
Welcome to the relentless pursuit of better.
Are you a seasoned procurement professional with a passion for optimizing the procurement of products and services in the dynamic world of sales and marketing, including digital media, print media, and social media? Do you have what it takes to lead our procurement efforts to new heights? If so, we want you on our team
Position: Procurement Lead - Us Shift
Location: Genpact Hyderabad (Return to office from day one)
Job Description: As our Procurement Lead - Sales & Marketing Specialist, you will be at the forefront of our mission to acquire the best products and services in the sales and marketing category, encompassing digital media, print media, and social media. Your expertise will be instrumental in driving our company's growth and success. Here's what you'll be responsible for:
Category Expertise: Become the go-to authority in sourcing products such as digital advertising space, print collateral, promotional merchandise, event materials, and services related to digital media campaigns, print media advertising, and social media marketing. Stay updated on industry trends and market dynamics to make informed procurement decisions.
Strategic Sourcing: Develop and implement procurement strategies tailored to the unique needs of our sales and marketing department, including digital advertising placements, print media buys, and social media marketing services. Identify cost-saving opportunities without compromising quality.
Supplier Management: Cultivate and maintain relationships with suppliers of advertising agencies, print shops, digital marketing platforms, promotional product manufacturers, event planners, and social media management firms. Negotiate contracts and monitor supplier performance to ensure consistent delivery of high-quality products and services.
Innovation: Stay ahead of the curve by exploring new procurement technologies and methodologies, such as programmatic advertising solutions, sustainable print options, and advanced social media analytics tools, to enhance efficiency and effectiveness in procurement processes.
Cross-Functional Collaboration: Collaborate closely with sales and marketing teams to understand their requirements, align procurement efforts with business goals, and provide timely support in areas like digital ad placements, print media campaigns, and social media content creation.
Cost Control: Manage procurement budgets effectively, track expenses, and implement cost-saving initiatives to optimize spending across digital, print, and social media marketing efforts. Negotiate competitive rates for media buys and social media advertising.
Compliance: Ensure procurement practices comply with relevant regulations, policies, and ethical standards, especially when dealing with advertising regulations, data privacy laws, and content guidelines in social media marketing.
Performance Metrics: Establish key performance indicators (KPIs) and continuously evaluate procurement performance, striving for excellence in sourcing and cost management across all sales and marketing channels, including digital, print, and social media.
Global Perspective: Be prepared to work in US timings and coordinate with international suppliers when necessary, especially when sourcing digital marketing services for global campaigns.
Qualifications:
- Proven experience in procurement, with a focus on sourcing products and services in the sales and marketing category, including digital media, print media, and social media.
- Demonstrated track record of successful negotiations, cost reduction, and supplier relationship management in these areas.
- Strategic thinker with a keen understanding of market dynamics within the sales and marketing industry, spanning multiple media channels.
- Strong communication and interpersonal skills for effective collaboration with marketing and sales teams.
- Analytical mindset to make data-driven decisions in digital media placement, print media advertising, and social media marketing.
- Bachelor's degree in a related field (MBA or CIPS certification is a plus).
About Genpact
Genpact (NYSE: G) is a global professional services firm that makes business transformation real. We drive digital-led innovation and digitally-enabled intelligent operations for our clients, guided by our experience running thousands of processes for hundreds of Global Fortune 500 companies. We think with design, dream in digital, and solve problems with data and analytics. We obsess over operations and focus on the details – all 78,000+ of us. From New York to New Delhi and more than 20 countries in between, Genpact has the end-to-end expertise to connect every dot, reimagine every process, and reinvent companies’ ways of working. We know that rethinking each step from start to finish will create better business outcomes. Whatever it is, we’ll be there with you – putting data and digital to work to create bold, lasting results – because transformation happens here. Get to know us at Genpact.com and on LinkedIn, Twitter, YouTube, and Facebook
