Am -tail Spend - Us Shift - Uppal
2 weeks 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._**
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**_ In this role, you will be working in Tail Spend analysis._**
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**_ Responsibilities_**:**_ _**
- _Tail Spend Analysis and Segmentation:_
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**_o_** _Analyze tail spend data to identify patterns, opportunities, and risks._**:**_ _**
**_o_** _Develop and implement strategies to optimize tail spend._**:**_ _**
**_o_** _Segment tail spend by category, volume, and frequency for focused management._**:**_ _**
- _Procurement Process Optimization:_
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**_o_** _Standardize and streamline purchasing processes for low-value, high-frequency items._**:**_ _**
**_o_** _Implement process improvements to reduce inefficiencies and manual processes._**:**_ _**
**_o_** _Automate and digitize tail spend transactions wherever possible to improve visibility and control._**:**_ _**
- _Supplier Management:_
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**_o_** _Develop and manage relationships with tail spend suppliers._**:**_ _**
**_o_** _Negotiate contracts for non-strategic purchases to ensure favourable terms and conditions._**:**_ _**
**_o_** _Work with key suppliers to drive cost reduction initiatives and improve service levels._**:**_ _**
- _Compliance and Risk Management:_
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**_o_** _Ensure that tail spend purchases comply with the organization’s procurement policies and standards._**:**_ _**
**_o_** _Identify and mitigate risks associated with unmanaged or poorly managed tail spend._**:**_ _**
**_o_** _Establish and enforce guidelines to maintain compliance with ethical sourcing practices._**:**_ _**
- _Reporting and Performance Metrics:_
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**_o_** _Develop and track key performance indicators (KPIs) to monitor tail spend performance._**:**_ _**
**_o_** _Prepare regular reports on tail spend trends, savings, and supplier performance._**:**_ _**
**_o_** _Provide insights and recommendations to senior management based on analysis of tail spend data._**:**_ _**
- _Collaboration and Stakeholder Management:_
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**_o_** _Collaborate with internal departments (e.g., finance, operations, legal) to ensure tail spend management aligns with business objectives._**:**_ _**
**_o_** _Provide support and training to internal stakeholders on best practices in managing tail spend._**:**_ _**
**_o_** _Act as a liaison between departments to ensure smooth communication and efficient execution of tail spend strategies._**:**_ _**
- _Continuous Improvement:_
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**_o_** _Stay informed about market trends, procurement best practices, and industry benchmarks._**:**_ _**
**_o_** _Drive continuous improvement initiatives in tail spend management to ensure maximum value for the business._**:**_ _**
**_Qualifications we seek in you_**:**_ _**_Minimum Qualifications / Skills_**_ _**
- **_Education:_**
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**_ o_** **_Bachelor’s degree in Business, Supply Chain Management, Procurement, or related field._**
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**_ o_** **_Professional certifications (e.g., CIPS, CPSM) are added advantage._**
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- **_Experience:_**
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**_ o_** **_Prior experience in managing tail spend is highly preferred._**
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**_ o_** **_Experience with procurement systems, supplier relationship management, and spend analytics tools._**
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- **_Skills:_**
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**_ o_** **_Strong analytical and problem-solving skills, with the ability to interpret complex data._**
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**_ o_** **_Proficiency in procurement software (e.g., SAP Ariba, Coupa, Oracle) and Microsoft Office Suite (Excel, PowerPoint)._**
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**_ o_** **_Excellent negotiation, communication, and interpersonal skills._**
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**_ o_** **_Ability to work independently and collaborate effectively with cross-functional teams._**
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**_ o_** **_Attention to detail and commitment to process improvement._**
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**_Job_**_Assistant Manager_
**_ Primary Location_**_India-Hyderabad_
**_ Schedule_**_Full-time_
**_ Education Level_**_Bachelor's / Graduation / Equivalent_
**_ Job Posting_**_Jan 15, 2025, 7:06:43 AM_
**_ Unposting Date_**_Ongoing_
- Master Skills List_Operations_
- Job Category_Full Time_
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