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Assistant Vice President Indirect Sourcing

3 months ago


Cincinnati, United States Genpact Full time

DescriptionGenpact (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 applications for the role of Assistant Vice President Indirect SourcingWe are looking for an AVP to join the Category Management team to support GE accounts in global Professional Services categories. The ideal candidate has a strategic demeanor specifically, the ability to bring together industry data, business requirements, regional perspectives, and analytics to develop and implement a category strategy for the assigned category of spend and the ability to drive results that timely meets targets while delivering a high level of customer service. Responsibilities Role focused on Human Resources and Legal categories. Initiate annual Category strategies for sub-categories supporting overall Professional Services category strategy in accordance with process and needs as defined by Client. Strategy to include market insights and key indicators w/impact to Client, spend analysis, supplier analysis, actionable sourcing plans by supplier, best practices, and transitional thinking for Client to consider meeting their goals. Develop and foster positive Client stakeholder relationships to understand their sourcing needs. Identify new sources of supply to include in RFx process including capabilities, NDAs, and fit with Client needs. Define and develop a sourcing strategy and subsequent supplier negotiation plans. Manage and lead others through entire RFx process for mid-level to strategic events with intent to drive savings to meet contractual commitments defined in Client agreement and to mitigate legal and financial risk on their behalf. RFx process includes:o Draft requirement or specification to document business requirements (i.e., SOW, position posting, etc.). o Create RFx documents, coordinating supplier RFIs, analyzing responses.o Develop supplier negotiation plan as needed. o Pre-qualify suppliers, evaluate supplier quotations utilizing appropriate negotiation and purchasing analysis techniques, and implement contracts with emphasis on quality, price, delivery, and service necessary to meet requirements, order processing & negotiations with supplier, savings tracking, compliance, infrastructure projects, Policy, and Procedure Formulation & Material Management etc. o Working knowledge on ERPs such as Coupa etc. and other tools used in sourcing processes is an added advantage. Contract management related support to the Client sourcing team including identifying expiring contracts, liaise with client stakeholders, contract management team to extend or terminate contracts, initiate legal contract with the help of Client contract management team based on agreed templates and clauses, monitor contract compliance. Work with Client category leaders to develop alternate sources to single source relationships and evaluate incumbent and/or new sources. Work with new and incumbent suppliers to simplify purchasing for end customers by creating catalogues, punch-out sites and digitization. Consider Genpacts AI focus to help solve Client business problems. Communicate and present results throughout the sourcing process to variety of audiences -- Clients, Client Sourcing teams, and internally to Genpact leadership and across Genpacts multiple business verticals. Find ways to apply Genpacts Sourcing Workbench tools to help manage and communicate more effectively, improve sourcing productivity, and drive sourcing savings for Client/s. Participate as category SME during sales and solutioning process for prospective clients.Qualifications we seek in youMinimum Qualifications / Skills Bachelors Degree from an accredited university or college or a high school diploma and strong of sourcing experience Willing to work in different time-zones and geographic regions to connect with Genpacts Sourcing teams and Client teams. Strong communication and presentation skills a must to demonstrate executive presence and build confidence with Clients. Indirect Sourcing experience in Category Management, Sourcing process, supplier, and stakeholder relationship management. Candidate should have solid and proven track record of handling and managing Professional Services categories with focus on Human Resources and Legal categories. Demonstrated professional verbal/written communication and negotiation skills in English. Knowledge of category markets, impacts of regulatory and legislative changes, changes in supply base (mergers & acquisitions and new entrants), and new technology w/impact to Clients. Strong quantitative and analytical skills, and database proficiency and Strong interpersonal skills and leadership skills and an eye towards detailingProblem solving ability, productivity while working efficiently.Preferred Qualifications/ Skills Able to demonstrate executive presence and build confidence with Clients. Previous experience as a consultant, within Sourcing or other business discipline, would be helpful. Leadership acumen to support needs of growing Client base. Culturally astute - able to work across global/regional teams, Clients, and suppliers. Strong interpersonal skills ability to communicate effectively at all levels within Genpacts organization as well as Client organizations. Experience developing training material, conducting training sessions across IS and Clients would be beneficial. Experience hosting virtual training and/or Q&A sessions would be beneficial. Having worked in a multinational company and managed the team will be an added advantage.Genpact is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, religion or belief, sex, age, national origin, citizenship status, marital status, military/veteran status, genetic information, sexual orientation, gender identity, physical or mental disability or any other characteristic protected by applicable laws. Genpact is committed to creating a dynamic work environment that values diversity and inclusion, respect and integrity, customer focus, and innovation. Get to know us at genpact.com and on LinkedIn, X, YouTube, and Facebook.Furthermore, please do note that Genpact does not charge fees to process job applications and applicants are not required to pay to participate in our hiring process in any other way. Examples of such scams include purchasing a 'starter kit,' paying to apply, or purchasing equipment or training. Job Field: Assistant Vice President