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globally.
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,
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Inviting applications for the role of
Senior Manager
- Strategic Sourcing and Sourcing Execution
role
The Indirect Sourcing
Senior Manager for Sourcing Execution
and Tail Spend is responsible to work
on strategic sourcing and a sourcing execution role
with the
client
category sourcing teams, clients
stakeholders
and to understand their need for running sourcing events, to define and develop a sourcing strategy, manage RFx sourcing for mid to high events, and solicit competitive proposals from qualified suppliers, negotiating with suppliers while delivering results to the customer.
Collaborating with internal key stakeholders and category management to oversee sourcing activities, negotiate prices, manage payment terms, achieve Total Cost of Ownership (TCO) savings, counter cost increase proposals, generate sourcing documents, conduct supplier evaluations, and provide guidance to business requestors in adhering to the sourcing management process (SMP).
Conduct commercial contracts negotiations, drafting and reviewing while ensuring proper risk mitigation using standard operating procedures (SOPs), job aids, templates, methodologies, and knowledge gained via the Procurement Academy.
Resourcefully organize the negotiation and approval of associated deliverables within the SMP and proactively seek value, cost savings, and efficiency opportunities across assigned cases.
Act as a strong facilitator, guiding and leading the business requestor to get the best contractual results and connect Humana business and operating units to create, assess, negotiate, and
finalize
supplier contracts to
procure
goods and services. This involves collaborating with Business Requestors and Suppliers on the agreement's key business provisions to ensure conformance with all agreed upon business points.
Proactively tackles various challenges, from routine administrative tasks to complex problem-solving.
This will require working directly with Client and may be our Genpact Category Management team at times. The major interaction will be with the English-speaking customers,
in the process of sourcing
project planning and execution.
Responsibilities
Assist
the client category team as they work to define their need for running sourcing events. Specifically, helping them draft a requirement or specification document (
i.e.
SOW, position posting, etc.), document business requirements
Should have the
know-how
and experience of
identifying
savings opportunities by slicing and dicing the spend data. Work closely with the spend analytics team to help with the data
Work will include creating RFP documents, coordinating supplier RFIs,
analysing
responses, and where needed supplier negotiations and
selection
Experienced in pre-qualifying suppliers, evaluation of vendor quotations
utilizing
appropriate negotiation
and
purchasing
analysis techniques and implementation of contracts with emphasis on quality, price, delivery, and service necessary to meet requirements, order processing & negotiations with vendor, savings tracking, compliance, infrastructure projects,
Policy
and Procedure Formulation & Material Management etc. Working knowledge on ERPs such as Coupa etc. will be an added advantage
Contract related support to the client category team - contract drafting, redlining, contract negotiations, understanding of contract clauses and working with contract managers and supplier legal team to convince them to agree on client's standard agreement template and clauses. The incumbent will also
identify
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. It would be good if the candidate had worked on any contract management tool/ERP. Provide input to businesses with legal risks contract provisions, initiate redlines, provide and review redline comments, monitor redline status, and follow up with impacted parties.
Perform spend analysis,
maintain
reports, conduct research in support of category plans.
Work with client category leaders to develop alternate sources to
single source
relationships, and evaluate incumbent and/or new sources
The incumbent would be responsible to simplify
purchasing
for end customers by creating catalogues, punch-out sites and digitization
Good at communication, presentations, data analysis, reporting etc. as the role require regular update to client
Leverage best practices where opportunities arise
Willing to work in different time-zones in multiple regions across the globe
The incumbent may
be required
to lead and manage the team and collaborate with internal and external teams in setting realistic and challenging operational goals, and contribute to their accomplishment keeping over all organizational goals
The incumbent should have managed team and have worked in a client support environment in different time zones, should have good understanding of global
markets
and well versed with diverse culture
Qualifications we
seek
in you!
Minimum Qualifications
Bachelor's Degree
like BE/BCOM/BA/BSC
from an accredited university or college
.
Preferred
Qualifications
& Skills
Relevant
years of experience in indirect sourcing,
supplier
and stakeholder relationship management
The incumbent should have
expertise
and substantial experience
in
handling
Strategic
sourcing & execution of contracts
pertaining to
Health & Medical services like claims recovery, clinical services, medical equipment & supplies, medical records, member benefits and services & pharmacy
.
Some
years
of experience
in strategic souring in
Healthcare & Medical Services
category.
End to end contract
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
Possess strong interpersonal skills and leadership skills an eye towards detailing
Problem solving ability, conflict resolving capability
P
roductivity while working, efficiency
Client reporting, presentations etc. is
a must
Preferred Qualifications/ Skills
Having worked in a
sourcing execution
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
Experience hosting virtual training and/or Q&A sessions would be beneficial
Having worked in MNC for different clients and managed team of decent size
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.
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 respect and integrity, customer focus, and innovation.
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.