VENDOR RELATIONSHIP EXECUTIVE

2 years

1 - 4 Lacs

Posted:4 months ago| Platform: GlassDoor logo

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Work Mode

On-site

Job Type

Full Time

Job Description

  • Key Responsibilities:
  • Building and Maintaining Relationships:Cultivating strong, positive relationships with key vendors to foster collaboration and ensure alignment on business objectives.

Required Skills and Qualifications:

  • Strong Communication and Interpersonal Skills: Effective communication is crucial for building relationships, negotiating contracts, and resolving issues.
  • Negotiation Skills: Proven ability to negotiate favorable terms and conditions with vendors.
  • Contract Management: Experience in managing and administering contracts, ensuring compliance and adherence to agreed-upon terms.
  • Problem-Solving and Analytical Skills: Ability to identify and resolve issues, analyze data, and develop effective solutions.
  • Organizational Skills: Ability to manage multiple vendors and projects simultaneously, prioritize tasks, and maintain accurate records.
  • Vendor Management Software Proficiency: Familiarity with vendor management systems and tools.
  • Experience in Procurement or Supply Chain Management: Relevant experience in procurement, supply chain, or vendor management is often required
  • Contract Negotiation and Management:Negotiating favorable contract terms and service agreements with vendors, ensuring compliance with company policies and industry regulations.
  • Performance Monitoring and Evaluation:Tracking and evaluating vendor performance against agreed-upon metrics, identifying areas for improvement and ensuring adherence to contract terms.
  • Issue Resolution:Addressing any issues or disputes that arise with vendors, working towards timely and effective resolution.
  • Collaboration with Internal Teams:Working closely with internal departments (e.g., procurement, operations, finance) to understand their needs and ensure vendor activities align with overall company objectives.
  • Cost Optimization:Identifying opportunities for cost savings and process improvements through vendor management strategies.
  • Compliance and Risk Management:Ensuring that all vendor activities comply with company policies, industry regulations, and legal requirements.
  • Vendor Performance Reviews:Conducting regular performance reviews with vendors, providing constructive feedback and identifying areas for development.

Job Type: Full-time

Pay: ₹15,000.00 - ₹35,000.00 per month

Schedule:

  • Day shift
  • Morning shift

Supplemental Pay:

  • Commission pay
  • Performance bonus

Experience:

  • FLUENT ENGLISH COMMUNICATION: 2 years (Required)
  • BRAND AND SUPPLIER COORDINATOR: 5 years (Required)
  • VENDOR RELATIONSHIP EXECUTIVE: 5 years (Required)
  • BRAND AND VENDOR COORDINATOR: 5 years (Required)

Work Location: In person

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