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

Responsibilities

• Develop and implement sourcing strategies for assigned categories (e.g., IT, indirect, raw materials, services).
• Analyze market trends, supplier capabilities, and spend data to identify sourcing opportunities.
• Work closely with stakeholders to understand requirements and align sourcing plans with business needs.
• Identify, evaluate, and select suppliers through RFx (RFI, RFP, RFQ) processes.
• Establish and maintain strong supplier relationships; monitor performance and resolve issues.
• Drive cost-saving initiatives through competitive sourcing, value engineering, or process improvements.
• Track and report on cost savings, supplier performance metrics, and contract compliance.
• Ensure supplier and sourcing activities comply with internal policies, ethics standards, and regulatory requirements.
• Assess and manage risks in supplier base (e.g., financial stability, geopolitical, ESG).
• Implement and maintain procurement controls and audit readiness.
• Draft, review, and manage supplier contracts in collaboration with legal and compliance teams.
• Ensure contract terms are adhered to, including service level agreements (SLAs), KPIs, and penalties.
• Maintain an up-to-date contract repository and manage renewals and expirations.
• Partner with internal departments like operations, legal, finance, and engineering to support sourcing needs.
• Act as a trusted advisor to internal stakeholders for supplier selection and procurement strategy.
• Facilitate cross-functional sourcing initiatives and governance reviews.
• Identify process inefficiencies and recommend improvements in sourcing workflows.
• Support digital transformation initiatives and supplier portal implementations.
• Lead and mentor a team of sourcing professionals or category buyers.
• Negotiate contracts, pricing, service levels, and terms with suppliers to achieve optimal value.
• Support total cost of ownership (TCO) and cost-benefit analyses.
• Leverage e-sourcing tools and procurement platforms (e.g., Ariba, Coupa, Jaggaer).
• Use data analytics to drive insights into spend, supplier performance, and market trends.
• Generate reports for procurement performance, savings, and sourcing pipeline.

Qualifications

• Certified Professional in Supply Management (CPSM).
• Institute for Supply Management (ISM)Institute for Supply Management (ISM), Certified Supply Chain Professional (CSCP).

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