Manager - Sourcing and Procurement

**_Ready to shape the future of work?_****_At Genpact, we _**_don’t_**_ just adapt to change—we drive it. AI and digital innovation are redefining industries, and _**_we’re_**_ leading the charge. Genpact’s _**_AI Gigafactory_**_, our industry-first accelerator, is an example of how _**_we’re_**_ scaling advanced technology solutions to help global enterprises work smarter, grow faster, and transform at scale. From large-scale models to _**_agentic AI_**_, our breakthrough solutions tackle companies’ most complex challenges._****_If you thrive in a fast-moving, tech-driven environment, love solving real-world problems, and want to be part of a team _**_that’s_**_ shaping the future, this is your moment._****_Job Description_**_:_****The Indirect Sourcing Manager for Sourcing Execution and Tail Spend is responsible to work on 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.****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-o