Procurement Specialist

8 hours ago

chennai, India Genpact Full time
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.
Inviting applications for the role of
Procurement Specialist
Job Overview:We are seeking a detail-oriented and proactive
Procurement Specialist
to manage the end-to-end order process with suppliers, ensure timely delivery of goods, and maintain strong relationships with vendors. The ideal candidate will have a strong background in procurement operations, vendor management, and service level reporting. This role is critical to supporting our supply chain operations and ensuring that suppliers meet performance expectations in line with service agreements.
Key Responsibilities:
Procurement & Order Management:Manage the order-to-supplier process from requisition to delivery.Issue purchase orders and ensure timely fulfillment from suppliers.Track order status and update internal teams on delivery timelines.Vendor Management:Establish and maintain relationships with key vendors.Negotiate pricing, contracts, and terms of service with suppliers.Handle vendor inquiries and resolve order discrepancies.Service Level & Backorder Reporting:Monitor supplier performance and compliance with service-level agreements (SLAs).Create regular reports on backorders, delivery times, and service levels.Implement corrective actions with suppliers for underperformance.Inventory & Stock Management Support:Collaborate with inventory teams to ensure stock levels meet operational needs.Assist in managing backorders and prioritizing urgent stock replenishments.Continuous Improvement:Identify opportunities for process improvements within procurement workflows.Support procurement cost-saving initiatives and supplier performance improvement.
Qualifications:Bachelor’s degree in Supply Chain Management, Business, or related field.Experience in procurement, vendor management, or supply chain.Familiarity with order-to-supplier processes, inventory management, and reporting.Excellent negotiation, communication, and vendor relationship skills.Strong organizational and multitasking abilities.Proficiency in procurement or ERP systems (e.g., SAP, Oracle, or similar).Experience with service-level reporting and performance tracking is a plus.
Key Skills:Procurement Expertise:
Strong understanding of supplier order management and procurement processes.Vendor Management:
Proven ability to build and maintain relationships with vendors while driving performance.Analytical Skills:
Ability to analyze service-level metrics and backorder reports, providing actionable insights.Negotiation & Problem Solving:
Skilled in negotiating contracts and resolving discrepancies with vendors.Attention to Detail:
Ensures all procurement activities meet business needs and quality standards.
Genpact 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 diversity and inclusion, respect and integrity, customer focus, and innovation. For more information, visit
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