drjobs Manager, IT Vendor Relationship Manager

Manager, IT Vendor Relationship Manager

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1 Vacancy
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Job Location drjobs

Bengaluru - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Xylem is a Fortune 500 global water solutions company dedicated to advancing sustainable impact and empowering the people who make water work every day. As a leading water technology company with 23000 employees operating in over 150 countries Xylem is at the forefront of addressing the worlds most critical water challenges. We invite passionate individuals to join our team dedicated to exceeding customer expectations through innovative and sustainable solutions.

Job Summary:
The Vendor Management Specialist is responsible for providing technical expertise and support to ensure that vendor management processes and activities meet standards along with providing strategic procurement category management support for the IT category. This role involves sourcing negotiations contract management cost and working capital optimization conducting vendor analyses performing data analysis and developing and implementing vendor management plans. The Vendor Management Specialist works closely with cross-functional teams to address vendor issues perform root cause analysis and implement corrective actions. Additionally this role involves training and mentoring vendor management staff and supporting continuous improvement initiatives.

Responsibilities:

Vendor Onboarding
Identify potential vendors
Conduct due diligence on potential vendors
Negotiate contracts and pricing
Coordinate vendor onboarding process
Ensure compliance with company policies and procedures
Vendor Relationship Management
Develop and maintain positive relationships with vendors
Monitor vendor performance and provide feedback
Address and resolve any issues or concerns with vendors
Conduct vendor performance evaluations
Review and renew vendor contracts as needed
Vendor Risk Management
Conduct risk assessments for new and existing vendors
Implement risk mitigation strategies
Monitor and report on vendor risk levels
Ensure vendors comply with security and compliance standards
Conduct regular audits of vendor processes
Budget Management
Track vendor expenses and forecast future costs
Identify areas for cost savings and negotiate with vendors
Work with finance department to ensure budget compliance
Review and approve vendor invoices
Process Improvement
Identify opportunities for process improvement in vendor management
Implement new processes and procedures to increase efficiency
Train and educate team members on new processes
Regularly review and assess the effectiveness of current processes
Cross-Functional Collaboration
Collaborate with other departments to identify vendor needs
Communicate and coordinate with other teams on vendor-related projects
Participate in cross-functional meetings to discuss vendor management strategies
Share knowledge and best practices with other teams
Data Management
Maintain accurate and up-to-date records of vendor information
Utilize vendor management software to track and organize data
Create reports and analyze data to make informed decisions
Ensure data confidentiality and security measures are in place
Continuous Learning
Stay updated on industry trends and best practices in vendor management
Attend conferences and training to enhance skills and knowledge
Share new information and ideas with team members
Continuously seek opportunities for personal and professional growth in the field of vendor management.

High Impact Behaviors:
Strategic Vision and Foresight: Senior professionals should have the ability to develop and communicate a clear vision for the future anticipate trends and prepare the organization to adapt to changes. This involves understanding the broader industry context and aligning team efforts with long-term objectives.
Mentorship and Talent Development: They should actively mentor junior colleagues helping to shape the next generation of leaders. This includes sharing knowledge providing guidance and supporting career development opportunities for their teams.
Influential Leadership: Senior professionals must be able to influence and inspire others both within and outside the organization. This requires strong communication skills credibility and the ability to build and maintain relationships with key stakeholders.

Qualifications:
Bachelors in Business Administration Supply Chain Management or related field with at least 10 years experience or equivalent work experience that provides exposure to fundamental theories principles and concepts.
Strong analytical skills and proficiency in data analysis tools (e.g. Excel SQL).
In-depth understanding of inventory management principles and practices.
Experience with conducting inventory audits and implementing process improvements.
Proficiency in inventory management software and systems.
Ability to work collaboratively with other departments to resolve inventory issues
Proven ability to influence and drive change across various levels of the organization.
Exceptional communication skills both verbal and written to effectively convey complex information to stakeholders.
Solid project management skills including the ability to manage multiple projects simultaneously and meet deadlines.

Join the global Xylem team to be a part of innovative technology solutions transforming water usage conservation and re-use. Our products impact public utilities industrial sectors residential areas and commercial buildings with a commitment to providing smart metering network technologies and advanced analytics for water electric and gas utilities. Partner with us in creating a world where water challenges are met with ingenuity and dedication; where we recognize the power of inclusion and belonging in driving innovation and allowing us to compete more effectively around the world.


Required Experience:

Manager

Employment Type

Full-Time

Company Industry

About Company

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