Thoughtquad

1 Job openings at Thoughtquad
Third Party Vendor Management karnataka 3 - 7 years INR Not disclosed On-site Full Time

As a Vendor Management Specialist at ThoughtQuad, your role involves developing and sustaining long-standing relationships with company-approved vendors. You will be responsible for new Staffing Vendor Empanelment with all compliance to process and system requirements. This includes meeting with suitable vendors to assess their Skill Capability, inquire about their services, negotiate pricing, and communicate contextual concerns as and when required. Additionally, you will conduct research on available vendors to determine which ones offer the best pricing and quicker TAT in different countries where I3L needs business support. Key Responsibilities: - Implement vendor assessment, selection, and onboarding programs to ensure that the best vendors are onboarded as per standard business practices of the Client. - Establish and implement standards to assess the performance of approved vendors. - Evaluate current vendor management programs and identify ways to improve them. - Continually monitor 3PT duration, trend, and take action to reduce the number of 3PTs. - Prepare Work order approval note, PO Requisition, and PCN creation for 3PT resources and Vendors. - Prepare and submit various contracts, Monthly Invoices, Monthly Provisioning requirements, GST reconciliation, etc. - Arrange approval of all contract management documents. - Ensure all contract documentation is up to date and maintained in a designated repository. - Ensure contract compliance and renewal as per I3L policies and procedures. - Communicate with internal and external stakeholders in the context of 3PT and Vendor management. - Investigate and address contract-related issues. Qualification Required: - Bachelor's degree in HR, business administration, Commerce, Finance, or a related field. - Proven experience of working to support Talent Acquisition, Vendor Management, Contractor management, and Talent supply chain. - Proficient in common Microsoft Office applications (Word, Excel, PPT). - The ability to multitask effectively and deliver in a demanding environment. - Strong negotiation, excellent analytical, problem-solving, and organizational skills. - Effective written and verbal communication skills. (Note: Please read Vendor as Staffing Vendor only),