Management Trainee Source to Pay

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 MT, Source to Pay

The 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.

Responsibilities

Sourcing of the Indirect Spend categories with spend range up to $5m

Drafting and Negotiating contracts; D-zrive the preparation of proposal documents, statement of works (SOWs), quotations and bids with pertinent specifications, terms and conditions committed

Use appropriate pre-approved legal templates to produce NDAs (Non-Disclosure Agreements), Call Off agreements and contract amendments/renewals

Develops, review, negotiate and executes complex business agreements and contracts as needed

Supplier evaluation, selection and set-up of ongoing performance management; Rate and lead performance of suppliers, ensure supplier performance of all contracts

To liaise with the partners to understand their requirements and close them in the given time frame

Perform spend & market analysis in order to identify the best available market price for the ongoing project/service

Responsible for savings targets, timely deliveries, and Customer Happiness within the contractual SLAs/critical metrics

Participate 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 proceeding

Carry out all reporting requirements accurately and within the specified time scales as needed

Expertly apply appropriate procurement approach in negotiations; Independently prepare and lead negotiations to conclusion

Develop and drive effective relationships with suppliers, Coordinate, review and respond to supplier inquiries, protests and appeals

Agree sourcing plans and set expectations for effective value delivery

Help the customer understand and engage with the Organisation’s procurement processes

Qualifications we seek in you!

Minimum Qualification:

Procurement experience demonstrating a consistent track record of delivery of successful sourcing projects

Oral and written proficiency in English (additional languages are preferred)

Degree or equivalent professional qualification within Business Management, Procurement and/or Supply Chain management

Support multiple end-to-end sourcing projects in parallel; focusing on data accuracy and quality of output to Clients/Partners

Proven track record of supporting multiple sourcing activities, demonstrating an ability to lead parallel projects and being able to prioritise critical activity where needed

Builds and maintains effective partner and supplier relationships to assure successful business performance

Sound understanding and execution of effective negotiation strategy

Resolves quality problems with suppliers and partners quickly and efficiently, takes direction where needed

Reviews 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 qualifications

Category experience of buying; IT (Software, Hardware, Networks & Infrastructure, Data Centre) Telco, Marketing, HR Services, Professional Services, Travel, CRE, Facilities Management and Banking Operations

Supplier Management experience

Personal efficiency; Ambitious and self motivated

Ability to utilize influencing techniques

Proven ability to lead multiple projects/tasks effectively

Ability to lead change effectively; uses straightforward and constructive arguments to gain agreement from others

Analytical and financial skills

Demonstrated success working in a team environment

Exercises sound judgement on day to day business problems and provides recommendations for solving course correction

Ability to act on own initiative

Communicates clearly and with an inclusive style

Collaborative and cross cultural

Proficiency in Microsoft Office suite applications

Exposure to reviewing and understanding Dun & Bradstreet reports, Credit Scoring methods

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. Get to know us at and on X, 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.

Schedule: Full-time

Travel: