Genpact | Sr. Specialist - S&P - Sourcing 4C

Responsibilities

• The incumbent should have handled and managed different commodities such as Professional Services, Marketing, Labor Services, HR, IT, Facility Management etc.
• Stakeholder Engagement Act as a sourcing business partner to internal stakeholders by understanding requirements and aligning sourcing strategies accordingly.
• Conduct tail-spend assessments to identify proactive sourcing opportunities by collaborating with Category Leads across respective categories to drive savings.
• Assist Category team to run sourcing events, creating RFP documents, coordinating supplier RFIs, analyzing responses, and where needed supplier negotiations and selection.
• Perform spend analysis, maintain reports, conduct research in support of category plans.
• Work with category leaders to develop alternate sources to single source relationships, and evaluate incumbent and/or new sources.
• Conduct market analysis to identify potential suppliers, assess risks, and develop sourcing strategies.
• Collaborate with cross-functional teams (e.g., legal, finance, operations) to align sourcing goals with business needs.
• Monitor supplier performance using KPIs and support supplier development initiatives.
• Analyze proposals, evaluate supplier capabilities, and support final selection with data-driven insights.
• Ensure sourcing documentation and bid evaluations comply with internal policies.
• Ensure adherence to company procurement policies, ethical sourcing standards, and regulatory requirements.
• Maintain and update contract records and sourcing documentation in procurement systems.
• Track and report on savings and value contributions to business leadership.
• Support budgeting and spend analysis activities.
• Conduct regular meetings with business units to gather feedback, address issues, and share sourcing plans.
• Provide sourcing expertise and market insights to support decision-making.
• Maintain and utilize procurement dashboards and reporting tools (e.g., SAP, Ariba, Coupa, Power BI).
• Support the implementation of digital sourcing tools and e-sourcing platforms.
• Having worked in a middle office type of set up - running sourcing events, taking guidance from category leaders and having strong interpersonal skills – ability to communicate effectively at all levels of an organization
• Negotiate contracts and pricing with suppliers to optimize total cost of ownership (TCO).
• Process Improvement & Automation Identify and drive improvements in sourcing processes, systems, and policies to increase efficiency and compliance.
• Keep sourcing SOPs and templates updated.

Qualifications

• Experience in indirect sourcing, supplier and stakeholder relationship management.
• Experience working with global stakeholders, suppliers and clients outside India.
• Demonstrated professional verbal/written communication and negotiation skills in English.
• Knowledge of local marketplace, legislation, suppliers.
• Strong quantitative and analytical skills, PC and database proficiency and.
• Strong interpersonal skills and an eye towards detailing.
• Certified Professional in Supply Management (CPSM).
• Institute for Supply Management (ISM)Institute for Supply Management (ISM), Certified Supply Chain Professional (CSCP).
• Willing to work in different time-zones in multiple regions across the globe.

Genpact

Genpact is a global professional services and technology firm known for running and transforming business processes for large companies. It began in 1997 in Gurugram as a business unit of General Electric and became an independent company in 2005.

Finance and accounting is one of Genpact's core practices. The firm regularly hires CAs, CMAs and commerce graduates for record-to-report, order-to-cash, procure-to-pay, FP&A, and risk and controls roles.

• Industry: Professional services and business process management
• Headquarters: New York, USA
• In India: Major centres in Gurugram, Hyderabad, Bengaluru, Kolkata, Noida and other cities