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Assistant Vice President, Sourcing Operations

Assistant Vice President, Sourcing Operations

ConfidentialHyderabad / Secunderabad, Telangana
8 days ago
Job description

Ready to shape the future of work

At Genpact, we don't just adapt to change-we drive it. AI and digital innovation are redefining industries, and we're leading the charge. Genpact's AI Gigafactory, our industry-first accelerator, is an example of how we're scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to agentic AI, our breakthrough solutions tackle companies' most complex challenges.

If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team that's shaping the future, this is your moment.

Genpact (NYSE : G) is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. Through our deep business knowledge, operational excellence, and cutting-edge solutions - we help companies across industries get ahead and stay ahead. Powered by curiosity, courage, and innovation, our teams implement data, technology, and AI to create tomorrow, today. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.

Inviting applications for the role of Assistant Vice President, Sourcing Operations

Procurement outsourcing is a fast-growing market in which Genpact is making a significant investment. This is an excellent opportunity for a senior sourcing expert with a proven track record for delivering value and impact in a large, complex, global environment. The position is a AVP -Sourcing and Procurement within the Source-to-Pay (S2P) practice, focusing on :

  • .Support end-to-end delivery of Category specific Global Procurement Transformation programs to improve processes, systems capabilities and business relationship management for Clients
  • .Bring category sourcing expertise in Professional Services, Marketing, IT, Travel and other indirect categories of spend which will enable us to develop the best sourcing strategy to maximize value for our clients

Responsibilities

  • .Working alongside the other Source-to-Pay Category Leads produce a Category Playbook which provides market intelligence into the structure of the chosen category and insight into how to support purchasing and process improvement
  • .Leads team through sourcing, contracting, and purchasing to leverage buying power and recommends appropriate sourcing strategies and tactics supports opportunistic tactical negotiations.
  • .Ensure Monthly / Quarterly KPI, SLA are met as per the customer requirements.
  • .Leads and manages multiple customer teams supporting various transactional, tactical and strategic procurement and sourcing activities
  • .Supports baseline process and helps determine and capture specific cost savings
  • .Provides guidance and manages the Buyers to ensure they meet service level agreements and adhere to Purchasing strategies
  • .Establishes and sets the strategic direction of the operations teams
  • .Supports Sales and Practice teams on new opportunities and proposals
  • .Participate and contribute in the performance review of the function.
  • .Develop, review and improve the performance of the team under him / her
  • .Provide supply market analysis for spend categories
  • .Deliver and manage multiple client projects related to G&A spending
  • .Build Category and sourcing strategies, identify savings opportunities and deliver on savings targets / project objectives
  • .Drive spends under management, lead supplier negotiations
  • .Increase referenceable client base and leverage the same to bring more spend under management
  • Client Facing Responsibilities :

  • .Ability to interact with CXO and their Direct Report(s) level members in client organizations ability to network with key stakeholders effectively and build lasting relationships
  • .Support the Client's team to develop appropriate client-based strategies for their sourcing activities
  • .Initiate and manage the development of creative and innovative sourcing solutions advise on global policy and procedures covering the selection of suppliers, tendering and procurement
  • .Leads and drives complex sourcing projects on behalf of Clients
  • .Is able to adapt processes to best meet the needs of Clients and mitigate potential sourcing risks
  • .Optimize use of suppliers world-wide by projects and platforms, ensuring cost savings are generated and service and financial targets are met
  • .Leads and drives complex sourcing projects on behalf of Clients
  • .Successfully negotiates high value / complex contracts with suppliers on behalf of Clients
  • .Procurement process knowledge understands and executes the Clients Procurement processes, including governance policy and procedures
  • .Has in-depth knowledge of all policies & legislation that impacts on contract formulation advises the Clients appropriately and seeks input regularly from relevant areas
  • Additional areas of focus :

  • .Lead or assist in developing proposals / parts of proposals, in direct procurement service line.
  • .Assist the sales team in pitching to new prospects.
  • .Assist global teams in direct procurement function as and when required.
  • .Stay abreast of relevant competitor information and share it with the corporate planning team and other teams as applicable.
  • .Identify gaps in the talent pool and take appropriate action (select or train people) to bridge the gap.
  • .Effectively train team members to enhance skill sets / performance.
  • Qualifications we seek in you!

    Minimum qualifications

  • .Degree or equivalent professional qualification
  • .Procurement experience demonstrating a proven track record of delivering successful sourcing solutions
  • .Knowledge of supplier market proven management of annual spend in the relevant categories
  • .Knowledge of operating Procurement Processes (sourcing and operational) in a business-to-business context
  • .Category Domain knowledge of the following would be an advantage Professional Services, HR Services, Travel, Office Supplies, MRO, Facilities Management & CapEX Equipment, Supply Chain & Logistics, Freight, Mail Services, IT (including Network Infrastructure, Hardware, Software, Consultancy Services & Temporary Labour), Marketing, Pharmaceuticals (including Lab Technology and supplies)
  • .Business and Industry knowledge of either Investment Banking, HealthCare and Life Sciences, Retail (FMCG), Technology Industries, Service Provider environments
  • .Understanding of the IT, BPM (Business Process Management) outsourced services and IT enabled industries
  • .Ability to work in a cross-cultural environment, very collaboratively
  • .Influencing skills, creative thinking / innovative mind-set, strategic thinking
  • .Communicates clearly and with an inclusive style
  • .Ability to manage change effectively uses straightforward and structured arguments to gain buy in from others
  • .Commercially Savvy experience creating category strategy and leading multiple complex supplier negotiations, proven track record of delivering savings and other process efficiencies across the sourcing process
  • .Knowledge of strategic sourcing processes, policies and procedures
  • .Must be willing to travel as needed
  • .Previous experience in Strategic Procurement, Change Management and / or Cost Transformation Consulting / Advisory roles an advantage
  • .Proficiency in Microsoft Office suite applications
  • .Strong analytical and organizational skills
  • .Experience of people management and leading cross-functional teams, desirable
  • Why join Genpact

  • .Be a transformation leader - Work at the cutting edge of AI, automation, and digital innovation
  • .Make an impact - Drive change for global enterprises and solve business challenges that matter
  • .Accelerate your career - Get hands-on experience, mentorship, and continuous learning opportunities
  • .Work with the best - Join 140,000+ bold thinkers and problem-solvers who push boundaries every day
  • .Thrive in a values-driven culture - Our courage, curiosity, and incisiveness - built on a foundation of integrity and inclusion - allow your ideas to fuel progress
  • Come join the tech shapers and growth makers at Genpact and take your career in the only direction that matters : Up.

    Let's build tomorrow together.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 respect and integrity, customer focus, and innovation.

    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 %27starter kit,%27 paying to apply, or purchasing equipment or training.

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