Performance Management Lead

0 years

0 Lacs

Posted:1 day ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

Performance Monitoring & Reporting
  • Regularly track and monitor the performance of vendors based on KPIs, SLAs, and contractual obligations.
  • Conduct regular performance audits to evaluate the quality and timeliness of deliverables from vendors.
  • Develop and maintain dashboards and other reporting tools to provide real-time visibility into vendor performance.
  • Generate and present detailed performance reports, highlighting areas of concern and recommending corrective actions.
  • Lead periodic performance reviews with vendors to assess service delivery and align on improvement actions.
  • Maintain accurate and up-to-date vendor scorecards to track performance across various metrics.
  • Support internal teams with reporting and insights on vendor performance.
  • Analyze performance data to identify opportunities for continuous improvement. Compliance & Governance:
  • Ensure vendors are compliant with the terms of the contract, including SLAs, KPIs, and quality standards.
  • Ensure vendors adhere to all agreed contractual terms, SLAs, and service delivery requirements.
  • Assist in reviewing contracts and ensuring that vendors are adhering to all terms, including deliverables and obligations.
  • Develop and maintain governance frameworks for ongoing vendor management.
  • Drive initiatives for continuous improvement, ensuring that performance management processes evolve and improve over time. Issue Resolution & Escalation Management:
  • Handle escalations related to vendor performance or service delivery, ensuring prompt resolution and minimizing operational impact.
  • Collaborate with cross-functional teams to address performance issues and ensure alignment across service lines.
  • Support escalation processes for performance issues with vendors, ensuring that issues are resolved in a timely manner.
  • Perform root cause analysis for performance failures and identify corrective actions to address underlying issues. Risk Management & Mitigation
  • Assist in risk assessments and mitigation strategies for vendors.
  • Identify potential risks related to vendor performance and compliance and help mitigate them.
  • Work closely with service line specialists to identify and implement improvements in vendor performance management processes to mitigate risks.
  • Ensure corrective actions are implemented based on risk assessments or performance issues to prevent recurrence. 12404

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