Process Associate - Sourcing & Procurement

Genpact

0 - 3 years

Hyderabad

Posted: 08/07/2025

Job Description

Responsibilities

* Procurement Operations
* Contract Creation, Management & Price Maintenance in SAP
* Support stakeholders on any contract volume / value shortages, system issue etc
* Assist Planners in resolving issues while placing POs
* Coordinate procurement audit process (Internal & External)
* Keep master data updated and reduce risk of failures
* Material Risk Mitigation
* Coordinate with stakeholders on material supply
* Plan the purchase of material so that they are available in the correct quantity and time and don't affect production
* Mitigate supply issues and ensure to maintain zero purchase price variance
* Report and proactively optimize supply risks
* Monitor key materials and key suppliers status and performance
* Maintain relationships and negotiate with suppliers to avoid extra cost
* Ensures that the company standard practices are followed in connection with all material department functions
* Reporting & Financial Analysis
* Resolve blocked invoice and ensure suppliers are paid on time
* Review and update material Lead Time & MOQ by coordinating with Buyers
* Supplier performance reporting

Minimum Qualifications

* Bachelor's degree in business, Supply Chain, Engineering, or related field
* Relevant experience in sourcing & procurement, preferably from manufacturing background
* Experienced in Shortage Management
* Thorough knowledge of procurement and supplier performance management
* Critical thinking skills to communicate and deal with a range of responsibilities, while managing multiple tasks
* Lead problem solving activity with related stakeholders to discuss / resolve problems
* The ability to escalate appropriately, while providing clear and concise communication to obtain issue resolution
* ERP - SAP & Mainframe

Preferred Qualifications

* Good customer handling skills
* High Energy level

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 140,000+ 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.
Let's build tomorrow together.

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.