Management Trainee: Source to Contract
6 days ago
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 Management Trainee , Source to ContractTendering is the process of obtaining proposals from suppliers that meet specific business requirements. It's a competitive process that allows companies to select the most qualified suppliers while ensuring transparency, fairness, and value for money.It is encouraged that post-contract value opportunities will be identified and delivered through working with business supplier managers and the local supply base making sure that these opportunities align with Category Strategies at all times.The role will likely work across a variety of categories so we will need to demonstrate a broad range of category knowledge and be able to work dynamically and flexibly with a broad range of SMEs.Responsibilities • The Source to Contract (S2C) • Professional is responsible for managing the end-to-end procurement process• From identifying sourcing opportunities to executing contracts. They oversee vendor selection• Negotiation• Contract administration. • This pivotal role requires strong analytical skills, attention to detail, and excellent communication abilities.• Vendor Management• Sourcing Strategy• Negotiation• Rate and manage the performance of suppliers, ensure supplier performance of all contracts• Ensuring that the services are as per the contracts• Drive the preparation of proposals, quotations and competitive bids with pertinent specifications, terms, and conditions• Develops, reviews negotiates and executes complex business agreements and contracts• Supplier evaluation, selection, and set-up of ongoing performance management• Will have to scout for better suppliers• To collaborate closely with the customers to understand their requirements and close them in the given time frame• Perform spend & market analytics in order to identify the best available market price for the ongoing project.• Should be able to optimally manage internal/external customers & partners• Responsible for savings targets, timely deliveries, and Customer Happiness• Participate periodically to reviews with Regional commodity managers to ensure strategies are aligned and pipeline activity is proceeding• Carry out all reporting requirements accurately and within the specified time scalesQualifications we seek in youMinimum qualifications• Graduation (in any subject area)• Relevant work experience in a sourcing role preferably with indirect services experience• Business knowledge and day to day understanding Sourcing and Procurement activities• Good communication and analytical skills.• Strong analytics skillsPreferred qualifications• Strong customer-centric focus, relationship management with key partners, persuasive, negotiating, proactive and can-do attitude a must• Good command of MS Office Tools (i.e. excel, ppt)• Exposure to ERP systems (Oracle / SAP / Ariba / Emptoris any other S&P tools is positive)
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