Senior Vendor management
Senior Vendor management
Posted on :
03-09-2025
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1 Vacancy
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Job Description
Job Title - Senior Vendor Managment
Job Location- Bangalore
Roles & Responsibilities:
- Sourcing and Procurement:
- Manage End to End Sourcing and Procurement function for the firm.
- Define execute and manage the vendor engagement RFP Selection contracting performance and vendor life cycle management.
- Participate in Designing policies systems and procedures of Procurement Department
- Manage day-to-day purchasing requirements procurement projects for the department Business Unit.
- Lead and negotiate contractual terms price agreements and purchase agreements with Suppliers.
- Perform vendor onboarding (KYC/KYV documentation etc.)
- Work with Finance team on budget allocation for each of the purchases
- Review and perform 1st level invoice review vis a vis service delivery
- Act as a POC and intermediary between business functions and Suppliers
- Ensure all Vendor SLAs are met. Laise with vendor for any service-related gaps
- Conduct periodic performance review of each vendor and publish scores and outcomes
- Laise with Legal team internal stakeholder on contract terms and execution
- Plan and execute periodic contract renewals terminations etc
- Supplier Relation Management
- Lead all Vendor Management activity relating to Specific Commodity to ensure value for money and good service performance.
- Work with strategic vendors to agree future business plans which address issues and opportunities cost reduction initiatives and other mutual business opportunities.
- Monitor vendor performance reviews through Service levels Vendor scorecards and KPIs and recommend service improvement plans.
- Contract Management:
- Negotiate review and close contracts for HR Services AMC Facility Services IT & Engineering Services.
- Interface with Legal Team for contract review financial & commercial aspects changes prior to execution.
- Identify manage and minimize contractual and commercial risk.
- Ensure effective governance standards for vendor management including vendor contract process.
- Own and resolve any actions coming out of the Vendor Management audit.
Qualification and Experience:
- Graduate in any discipline with Min 3 - 5 years of total experience. Min 3 years in vendor management Procurement or sourcing.
- Experience in managing RFP/RFI processes for procurement in a mid-to-large organization.
- Ability to Laise with suppliers in various industries Internal and External stakeholders and Legal teams.
- Experience of handling and executing service contracts Master Agreement and SOWs (Statement/Schedule of work).
- Good Negotiations Networking and Relationship Management skills.
- Good Command on reporting and office tools.
- Must have good documentation and presentations skills.
Employment Type
Full-time
Key Skills
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