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Assistant Vice President, Sourcing Operations
Assistant Vice President, Sourcing OperationsGenpact • Hyderabad, Telangana, India
Assistant Vice President, Sourcing Operations

Assistant Vice President, Sourcing Operations

Genpact • Hyderabad, Telangana, India
30+ days ago
Job description

Ready to shape the future of work

At Genpact we dont just adapt to changewe drive it. AI and digital innovation are redefining industries and were leading the charge. Genpacts AI Gigafactory our industry-first accelerator is an example of how were 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 thats shaping the future this is your moment.

Genpact (NYSE : G) is anadvanced technology services and solutions company that deliverslastingvalue for leading ourdeep business knowledge operational excellence and cutting-edge solutions we help companies across industries get ahead and stay by curiosity courage and innovationour teamsimplementdata technology and AItocreate tomorrow to know us onLinkedInXYouTube andFacebook.

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 Clients 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 140000 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.

Lets 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 starter kit paying to apply or purchasing equipment or training.

Required Experience :

Exec

Key Skills

Economics,Internal Audit,SQL,Risk Management,Compliance,Leadership skills,Oversight,Business partner,AVP,Requlatory agencies,Finance,Accounting,Potifolio,Project Management,Operational Risk

Employment Type : Full Time

Experience : years

Vacancy : 1

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Assistant Vice President • Hyderabad, Telangana, India