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Vendor Management Executive

3 - 5 years

3 - 6 Lacs

Posted:3 days ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

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.

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