Vendor Development Executive

1. Job Title: Requires a New Vendor Development Executive

2. Role Summary

The New Vendor Development Executive will be responsible for identifying, evaluating, onboarding, and managing new vendors to strengthen the company’s supply base. The role focuses on cost optimization, quality assurance, timely procurement, and long-term vendor relationships aligned with business and tender requirements.

3. Key Responsibilities

Vendor Identification & Sourcing

• Identify potential vendors/suppliers through market research, industry networks, exhibitions, online platforms, and referrals.
• Develop a strong vendor database aligned with company requirements and government tender specifications.

Vendor Evaluation & Onboarding

• Evaluate vendors based on price competitiveness, quality standards, delivery capability, certifications, and compliance.
• Coordinate vendor onboarding, including documentation, compliance checks, and approval processes.

Negotiation & Cost Optimization

• Negotiate pricing, payment terms, delivery schedules, and service-level agreements to achieve cost efficiency.
• Benchmark vendor pricing against market standards and competitors.

Coordination with Internal Teams

• Work closely with Purchase, Tender, Sales, Quality, and Finance teams to align vendor capabilities with project and tender needs.
• Support tender submissions by ensuring vendor documents, quotations, and technical compliance are in place.

Vendor Performance Management

• Monitor vendor performance related to quality, delivery timelines, and service.
• Resolve vendor-related issues and implement corrective actions when required.

Compliance & Documentation

• Ensure vendors comply with statutory, quality, and regulatory requirements.
• Maintain updated vendor records, agreements, and pricing data.

Market Intelligence

• Track market trends, new suppliers, alternative materials, and emerging technologies.

4. Qualifications & Skills Required

Education

• Bachelor’s degree in Business Administration, Supply Chain Management, Commerce, Engineering, or a related field.

Experience

• Experience in vendor development, procurement, sourcing, or supply chain management preferred.
• Exposure to government tenders and e-procurement is an added advantage.

Skills & Competencies

• Strong negotiation and communication skills.
• Analytical mindset with cost analysis and comparison capabilities.
• Proficiency in MS Excel, MS Word, and vendor management tools.
• Ability to work under pressure and manage multiple vendors simultaneously.

5. Reporting Structure

• The New Vendor Development Executive will report directly to the Purchase Head .

6. Working Environment & Location

• Fully furnished, air-conditioned office with a professional and positive work environment.
• Location: Ayodhya, Uttar Pradesh.

7. Compensation & Benefits

• Salary: As per industry standards and experience.
• 12 public holidays.
• 24 earned leaves per year (2 per month); unused leaves reimbursed, excess leaves deducted.
• Sunday off.
• Compensatory off/adjustments for work on Sundays or public holidays.

9. Equal Opportunity Statement

At TEPL, we value diversity and believe inclusive teams drive stronger supplier partnerships and business growth. Candidates from all backgrounds and career paths are encouraged to apply.

10. Call to Action

Are you skilled in building reliable vendor networks and negotiating smart deals? Join our team and contribute to TEPL’s growth and procurement excellence.

Job Types: Full-time, Permanent

Pay: From ₹18,000.00 per month

Benefits:

• Cell phone reimbursement
• Internet reimbursement
• Leave encashment
• Paid sick time
• Provident Fund

Work Location: In person