Management Trainee - Sourcing and Procurement

Genpact

0 - 3 years

Hyderabad

Posted: 3/24/2025

Job Description

Responsibilities

  • Sourcing of the Indirect Spend categories with spend range up to $5m

  • Drafting and Negotiating contracts; D-zrive the preparation of proposal documents, statement of works (SOWs), quotations and bids with pertinent specifications, terms and conditions committed

  • Use appropriate pre-approved legal templates to produce NDAs (Non-Disclosure Agreements), Call Off agreements and contract amendments/renewals

  • Develops, review, negotiate and executes complex business agreements and contracts as needed

  • Supplier evaluation, selection and set-up of ongoing performance management; Rate and lead performance of suppliers, ensure supplier performance of all contracts

  • To liaise with the partners to understand their requirements and close them in the given time frame

  • Perform spend & market analysis in order to identify the best available market price for the ongoing project/service

  • Responsible for savings targets, timely deliveries, and Customer Happiness within the contractual SLAs/critical metrics

  • Participate periodically to reviews with Global Category managers and Regional Heads of Procurement and their sourcing managers, to ensure strategies are aligned and pipeline activity is proceeding

  • Carry out all reporting requirements accurately and within the specified time scales as needed

  • Expertly apply appropriate procurement approach in negotiations; Independently prepare and lead negotiations to conclusion

About Company

Genpact is a global professional services firm that offers a wide range of digital transformation services and solutions. With a presence in over 30 countries, Genpact leverages its deep domain expertise in operations and analytics to help businesses transform their operations, improve efficiency, and enhance customer experience. The company combines digital technology, data science, and operational excellence to deliver business outcomes across various industries, including banking, insurance, manufacturing, and healthcare. Founded in 1997 as a subsidiary of GE, Genpact has grown into an independent, NYSE-listed company with a diverse workforce of over 90,000 employees globally.

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