Vendor Management Executive

Job Summary:

Vendor Management Specialist

Key Responsibilities:

• Identify, evaluate, and onboard vendors in alignment with organizational needs and compliance standards.
• Manage vendor master data and documentation, including NDAs, contracts, and SLAs.
• Monitor vendor performance through KPIs and SLAs.
• Conduct regular reviews and audits to assess vendor delivery, quality, and compliance.
• Develop and maintain strong relationships with key vendors to ensure long-term value and strategic alignment.
• Draft, review, and negotiate vendor contracts, pricing structures, and service agreements.
• Ensure timely contract renewals, amendments, and terminations as per business needs.
• Ensure vendor compliance with internal policies, regulatory requirements, and ethical standards.
• Maintain up-to-date vendor compliance records and audit trails.
• Act as the primary point of contact between the organization and vendors.
• Provide support during vendor escalations and issue resolution.
  

Qualifications & Requirements:

• Any bachelors degree, Commerce background preferred.
• 3-5 years of experience in end-to-end vendor management.
• Strong negotiation, analytical, and problem-solving skills.
• Familiarity with ERP systems (e.g., SAP, Oracle), and vendor management software.
• Excellent communication and interpersonal skills.
• Ability to work cross-functionally and manage multiple vendor relationships.