Description :

Job Title: Vendor Management Specialist

Experience : 2-5 years

Location : New Delhi

Job Description:

Reporting and Analysis:

Prepare regular reports on vendor performance, cost savings, and compliance metrics for management review.

Analyze vendor data to identify trends and opportunities for improvement.

Risk Management:

Identify potential risks associated with vendor relationships and develop mitigation strategies.

Ensure that vendors adhere to industry regulations and standards.

Cross-Functional Collaboration:

Work closely with internal departments (e.g., procurement, finance, operations) to align vendor services with organizational goals.

Provide insights and recommendations to management based on vendor performance data.

Relationship Management:

Build and maintain strong relationships with vendors to foster collaboration and resolve issues.

Act as the primary point of contact for vendor-related inquiries and concerns.

Performance Monitoring:

Develop and implement performance metrics to assess vendor performance.

Conduct regular reviews and audits of vendor services to ensure compliance with contractual obligations.

Contract Management:

Negotiate contracts and agreements with vendors to secure favorable terms and conditions.

Maintain and manage all vendor contracts, ensuring they are up-to-date and compliant with legal standards.

Vendor Selection and Onboarding:

Identify potential vendors and conduct thorough evaluations based on quality, cost, and reliability.

Facilitate the onboarding process for new vendors, ensuring compliance with company policies and procedures.