Management Trainee

23 hours ago


Hyderabad, Telangana, 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 Management Trainee Source to PayThe Ops Sourcing Buyer will assist in the execution of Sourcing projects to enable the delivery of defined country annual savings targets These projects will deliver advantage for the Client business through cost savings lifecycle value generation demand management innovation and reducing risk within the supply chain The projects will be delivered globally or locally in accordance with the Category Strategy and will demonstrate the full range of supply and demand-side levers Sourcing knowledge will be applied in the execution of these plans across all category areas whilst ensuring the risks associated with the purchase of goods and services are mitigated commercially contractually and operationally The Ops Sourcing Buyer will assist in the execution of eSourcing and for delivering incremental value to the business through E-Auctions where needed 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 across the Client business The role holder will work with a variety of business partners within the Client retained organisation spanning business operations procurement and supply chain managers this will require proactive engagement by the role holder to understand business requirements and ensure a definitive sourcing strategy is quickly established and delivered to within the agreed contractual SLAs and critical metrics Lastly the role holder will be required to demonstrate professional and concise written and verbal communications in the required Country Language English and have the ability to build effective working relationships with a range of partners across the Client organisation ResponsibilitiesSourcing of the Indirect Spend categories with spend range up to 5mDrafting and Negotiating contracts D-zrive the preparation of proposal documents statement of works SOWs quotations and bids with pertinent specifications terms and conditions committedUse appropriate pre-approved legal templates to produce NDAs Non-Disclosure Agreements Call Off agreements and contract amendments renewalsDevelops review negotiate and executes complex business agreements and contracts as neededSupplier evaluation selection and set-up of ongoing performance management Rate and lead performance of suppliers ensure supplier performance of all contractsTo liaise with the partners to understand their requirements and close them in the given time framePerform spend market analysis in order to identify the best available market price for the ongoing project serviceResponsible for savings targets timely deliveries and Customer Happiness within the contractual SLAs critical metricsParticipate 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 proceedingCarry out all reporting requirements accurately and within the specified time scales as neededExpertly apply appropriate procurement approach in negotiations Independently prepare and lead negotiations to conclusionDevelop and drive effective relationships with suppliers Coordinate review and respond to supplier inquiries protests and appealsAgree sourcing plans and set expectations for effective value deliveryHelp the customer understand and engage with the Organisations procurement processesQualifications we seek in you Minimum Qualifications Procurement experience demonstrating a consistent track record of delivery of successful sourcing projectsOral and written proficiency in English additional languages are preferred Degree or equivalent professional qualification within Business Management Procurement and or Supply Chain managementSupport multiple end-to-end sourcing projects in parallel focusing on data accuracy and quality of output to Clients PartnersProven track record of supporting multiple sourcing activities demonstrating an ability to lead parallel projects and being able to prioritise critical activity where neededBuilds and maintains effective partner and supplier relationships to assure successful business performanceSound understanding and execution of effective negotiation strategyResolves quality problems with suppliers and partners quickly and efficiently takes direction where neededReviews commercial contracts to ensure they protect Client against risk and deliver advantage to the business puts forward suggestions for operational improvement as appropriate Exposure to ERP and other procurement systems Oracle Fusion Archer Emptoris and any other S P tool Preferred qualificationsCategory experience of buying IT Software Hardware Networks Infrastructure Data Centre Telco Marketing HR Services Professional Services Travel CRE Facilities Management and Banking OperationsSupplier Management experiencePersonal efficiency Ambitious and self motivatedAbility to utilize influencing techniquesProven ability to lead multiple projects tasks effectivelyAbility to lead change effectively uses straightforward and constructive arguments to gain agreement from othersAnalytical and financial skillsDemonstrated success working in a team environmentExercises sound judgement on day to day business problems and provides recommendations for solving course correctionAbility to act on own initiativeCommunicates clearly and with an inclusive styleCollaborative and cross culturalProficiency in Microsoft Office suite applicationsExposure to reviewing and understanding Dun Bradstreet reports Credit Scoring methodsGenpact 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 Get to know us at www genpact com and on 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


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