Genpact · 1 day ago
Procurement Specialist
Genpact is an advanced technology services and solutions company that delivers lasting value for leading enterprises globally. The Procurement Specialist is responsible for sourcing, negotiating, and purchasing materials and services for elevator manufacturing operations, ensuring timely availability and quality while maintaining supplier relationships.
AnalyticsArtificial Intelligence (AI)Business Process Automation (BPA)ConsultingInformation TechnologySoftware
Responsibilities
Identify, evaluate, and onboard suppliers for mechanical, electrical, electronics, and structural components used in elevator systems
Conduct RFQs, RFPs, and competitive bidding to achieve best-cost sourcing
Negotiate contract terms, pricing, and long-term agreements while ensuring compliance with company policies
Monitor supplier performance through KPIs such as delivery adherence, quality, cost, and responsiveness
Manage purchase requisitions (PR) and convert them into purchase orders (PO) in the ERP system (SAP, Oracle, etc.)
Ensure timely procurement of materials to support production schedules and new product development
Coordinate with logistics for inbound deliveries and customs clearance (if applicable)
Resolve issues related to delivery delays, part shortages, and discrepancies
Identify cost‑saving opportunities through value engineering, supplier consolidation, and localization initiatives
Work closely with engineering for alternative material or supplier development
Collaborate with Production, Quality, Engineering, and Planning teams to understand material requirements
Address quality issues and support root cause analysis with suppliers
Participate in new product introduction (NPI) projects for sourcing new components
Qualification
Required
Experience in working with Sourcing Domine
Experience working as Procurement Specialist
Identify, evaluate, and onboard suppliers for mechanical, electrical, electronics, and structural components used in elevator systems
Conduct RFQs, RFPs, and competitive bidding to achieve best-cost sourcing
Negotiate contract terms, pricing, and long-term agreements while ensuring compliance with company policies
Monitor supplier performance through KPIs such as delivery adherence, quality, cost, and responsiveness
Manage purchase requisitions (PR) and convert them into purchase orders (PO) in the ERP system (SAP, Oracle, etc.)
Ensure timely procurement of materials to support production schedules and new product development
Coordinate with logistics for inbound deliveries and customs clearance (if applicable)
Resolve issues related to delivery delays, part shortages, and discrepancies
Identify cost-saving opportunities through value engineering, supplier consolidation, and localization initiatives
Work closely with engineering for alternative material or supplier development
Should have good communication skills and able to negotiate with suppliers
Collaborate with Production, Quality, Engineering, and Planning teams to understand material requirements
Address quality issues and support root cause analysis with suppliers
Participate in new product introduction (NPI) projects for sourcing new components
Strong understanding of manufacturing processes (fabrication, machining, casting, electronics)
Proficiency in ERP systems (SAP/Oracle/MS Dynamics)
Knowledge of Should Costing, cost breakdown analysis, and supplier audits
Strong negotiation, communication, and stakeholder management skills
Analytical thinking and problem-solving abilities
Ability to work in a fast-paced, deadline-driven environment
Preferred
Engineering Graduate
Company
Genpact
Genpact is an information technology firm that offers business management, artificial intelligence, automation, and cloud services.
H1B Sponsorship
Genpact has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (225)
2024 (257)
2023 (208)
2022 (187)
2021 (413)
2020 (514)
Funding
Current Stage
Public CompanyTotal Funding
$750M2025-11-13Post Ipo Debt· $350M
2024-05-30Post Ipo Debt· $400M
2007-08-10IPO
Leadership Team
Recent News
2026-01-22
Company data provided by crunchbase