Assistant Vice President, Ops Sourcing

2 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 Assistant Vice President, Ops Sourcing

In this role, will be leading the delivery of strategic sourcing projects on behalf of our clients and/or Stakeholders. Support end-to-end delivery of Category specific Global Procurement Transformation programs to improve processes, systems capabilities and business relationship management for Clients.

Responsibilities

·Lead the achievement of value savings targets through delivery of a portfolio of strategic sourcing projects (with a focus on total cost management: unit price reduction, demand/specifications management, enhanced compliance and broader business change through innovation)

·Work closely with the client’s Senior Sourcing & Category teams to develop/enhance their Sourcing strategies, identify and optimize the ongoing portfolio of projects that make up the category plans, and lead the execution against them. (List of responsibilities

·Setting direction for team of Sourcing Execution Analyst(s) and/or other cross-functional team members, providing strong leadership and people management as needed

·Innovation: explores and understands how to get the best ideas and innovation out of suppliers and how to align to Genpact’s Lean Digital agenda

·Lead the developed sourcing strategy as agreed with the Category Lead in conjunction with overall program/project objectives.

·Support broader transformation of the Category through supplier consolidation, PSLs, regional/global contracts, introducing consistent buying channels etc. on behalf.

·Be the point of escalation for client related sourcing execution activities Develop relationships with key clients/stakeholders.

·Support the team to develop appropriate client-based strategies for their sourcing activities.

·Leads and drives complex sourcing projects on behalf of Clients.

·Initiate and manage the development of creative and innovative sourcing solutions; advise on global policy and procedures covering the selection of suppliers, tendering and procurement.

·Optimize use of suppliers world-wide by projects and platforms, ensuring cost savings are generated and service and financial targets are met.

·Monitoring team performance against client SLA’s and objectives, providing guidance where necessary to close any gaps and agreeing mediation plans to resolve delivery issues.

·Is able to adapt processes to best meet the needs of Clients and mitigate potential sourcing risks.

·Develops a joint strategic agenda with suppliers to ensure ongoing performance is monitored and improved, risks are managed & costs are reduced.

·Successfully negotiates high value/complex contracts with suppliers on behalf of Clients.

·Procurement process knowledge; understands and executes the Clients Procurement processes, including governance policy and procedures.

·Has in-depth knowledge of all policies & legislation that impacts on contract formulation; advises the Clients appropriately and seeks input regularly from relevant areas (Legal, Audit, Finance, etc.) seeks guidance where needed.

·Support Client Supplier Relationship Managers to ensure appropriate supplier management methods are applied to the different groups of suppliers (preferred, multi-category, tail-end, etc.)

Qualifications we seek in you

Minimum Qualifications

·Degree or equivalent professional qualification

·Procurement experience demonstrating a proven track record of delivering successful sourcing teams/solutions.

·Procurement Processes (sourcing and operational) in a business-to-business context

·Category Domain knowledge of the following would be an advantage; Professional Services, HR Services, Travel, Office Supplies, MRO, Facilities Management & CapEX Equipment, Supply Chain & Logistics, Freight, Mail Services, IT (including Network Infrastructure, Hardware, Software, Consultancy Services & Temporary Labor), Marketing, Pharmaceuticals (including Lab Technology and supplies)

·Business and Industry knowledge of either; Investment Banking, HealthCare and Life Sciences, Retail (FMCG), Technology Industries, Service Provider environments

·Ability to interact with CXO and their Direct Report(s) level members in client organizations; ability to network with key stakeholders effectively and build lasting relationships.

·Understanding of the IT, BPM (Business Process Management) outsourced services and IT enabled industries

·Ability to work in a cross-cultural environment, collaboratively.

·Influencing skills, creative thinking/innovative mind-set, strategic thinking

·Communicates clearly and with an inclusive style.

·Ability to manage change effectively; uses straightforward and structured arguments to gain buy in from others.

·Commercially Savvy; maintain a portfolio of contracts fully compliant with commercial governance.

·Must be willing to travel as needed.

Preferred Qualifications/ Skills

·Proficiency in Procurement and other business-related systems, e.g., Oracle / SAP / Ariba / Coupa / Emptoris and any other S&P tools is an advantage.

·Previous experience in Strategic Procurement, Change Management and/or Cost Transformation Consulting / Advisory roles an advantage.

·Proficiency in Microsoft Office suite applications.

·Experience of people management and leading cross-functional teams, desirable.

·Strong analytical skills.

·Strong organizational skills

·Strong analytical skills

·Mandarin and Cantonese speaking is preferred.

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