Vendor Management Executive

Job Title: Vendor Management Executive

Location: Hyderabad only

Experience:3-5years

About the Role

We are seeking a proactive and detail-oriented Vendor Management Executive with 3 years of experience in recruitment and vendor management. The ideal candidate will manage end-to-end vendor lifecycle, drive cost efficiencies, ensure service quality, and partner with internal stakeholders to meet hiring and supplier objectives.

Key Responsibilities

• Vendor onboarding and qualification

• Evaluate and onboard new vendors for recruitment and related services.
• Conduct due diligence, capability assessments, and risk reviews.

• Sourcing and supplier relationship management

• Manage relationships with staffing agencies, MSPs, and other service providers.
• Monitor vendor performance, SLAs, and escalation procedures.

• Recruitment support and execution

• Collaborate with Talent Acquisition to understand hiring needs and develop sourcing strategies.
• Coordinate vendor-driven recruitment campaigns, outreach, and candidate screening support.

• Contract and cost management

• Assist in negotiating contracts, terms, and pricing with vendors.
• Track spend, manage budgets, and identify cost optimization opportunities.

• Performance analytics and continuous improvement

• Maintain vendor scorecards, dashboards, and KPI reporting (time-to-fill, quality-of-hire, fill rate, ramp time).
• Identify process improvements to reduce cycle times and enhance candidate quality.

• Compliance and risk management

• Ensure adherence to relevant laws, regulations, and internal policies.
• Maintain documentation for audits and compliance.

• Stakeholder collaboration

• Work with HR, IT, Finance, and business leaders to align vendor strategies with business goals.

• Skills:

• Strong vendor relationship management and negotiation skills.
• Solid understanding of recruitment lifecycle and vendor-backed hiring.
• Data-driven mindset with proficiency in MS Excel/Google Sheets; experience with HRIS/ATS is a plus.
• Familiarity with SLAs, KPIs, and vendor performance tracking.
• Excellent communication, collaboration, and problem-solving abilities.

• Domain Knowledge:

  Familiar with staffing agencies, MSP/VMS, and contract management basics.

Preferred Qualifications

• Experience with IT/ VLSI/ Embedded or technology staffing is a plus.
• Knowledge of local labor laws and compliance standards.