Assistant Manager - Sourcing & Procurement Specialists
Genpactchennai, India16 hours ago
Job descriptionAward contract and communicate with Suppliers and relevant stakeholders. Update necessary systems to enable PO generation. Liaise with the customers (end-users) to understand their requirements and close them in the given time frame Proactively identify opportunities for negotiations, for better commercial or contractual terms. Continuously assess the overall spend, identify and implement savings opportunities Analyze the purchasing power of the organization and leverage it in effective sourcing strategies, through specification rationalization and regional volume consolidation Negotiate and conclude the negotiations into standard frameworks / contracts Ensure that the purchased services are delivered as per the contractual agreement (SLA, KPI, etc) Will be responsible for tracking actual vs. forecasted savings targets, timely deliveries, Customer Satisfaction, opportunity identifications. Hosts source selection / procurement review boards. Negotiates pricing and other contract terms and conditions. Prepares and executes negotiated contractual documents and binding agreements. Administers contracts and contract changes. Interprets and enforces contract terms and conditions. Validates compliance with company policies, procedures and contractual requirements. Identifies strategic suppliers to engage in the new business acquisition process. Conducts bidder conference. Should be familiar with supplier consolidation process, reduce the supplier base and optimize savings opportunity. Project tracker with milestone – Plan v / s actual Recurring review to track project milestones Track cost reduction activities / SCRI (supplier cost reduction ideas) Initiate PPAP requests and PPAP deliverables tracking Maintain commodity tracker for all projects. Maintain PIR tracker Project savings tracker (PST) upload and maintenance Sourcing dashboard updates, Commodity trend analysis & tracking. Impact Analysis and Data collections on Price increase / decrease Track part cost data and analytics Deflation / Power BI report analysis, Top drivers Biweekly forecasting based on open PO / forecast – Gap v / s Budget v / s Projected savings Identify cost Saving opportunity using levers like dual sourcing , SCRI, Should cost etc. Sourcing Rules, Price Feed upload. Initiate PPAP requests Workflow Approval Requests for Site approvals – SCM handover / SSS / PID PO release or NRE / CAPEX PO release or Initial samples Graduate Electrical Engineer or Mechanical Engineer Good years of work experience Must have sound knowledge of English Preferable to have practical knowledge of Ariba e-Procurement tool Sourcing specific certifications like CPM, SPSM is a plus. Postgraduate with Supply Chain & Procurement certifications like CPM / CPIM Good command over any SAP module (preferably PMX)
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 application for the role of Assistant Manager, Sourcing & Procurement Specialists
Responsibilities
In this role, the shortlisted candidate will be responsible to
- Category landscaping & Supplier identification
- Develop technical and regional supplier market intelligence.
- New Supplier Onboarding and Supplier data management (HICX or Client specific database)
- Creation of RFQ packages for Manufacturing parts across various commodities based on production / project requirements and timelines by collecting relevant details like Approved Vendor list, drawings, specifications, checklists etc.
- Setup and Run eRFX events using tools like Arriba including reverse auctions if required
- Sending RFQ packages to various suppliers in their respective regions or even globally.
- Understand queries from Suppliers and coordinate with relevant stakeholders to provide timely clarifications / resolution to suppliers.
- Post receipt of a response,
o Validate responses for completeness and identify variances if any and resolve.
o Preliminary Bid Analysis and submit quote comparison report to stake holders
o Provide recommendations and alternate bid strategy if any for effective price negotiation.
o Negotiate with the respective suppliers on price, delivery etc.
Qualifications we seek in you!
Minimum qualifications
Preferred qualifications
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Sourcing Specialist • chennai, India
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