Job Title - Senior Vendor Managment Job Location- Bangalore
Roles & Responsibilities:
- Sourcing and Procurement:
...- Manage End to End Sourcing and Procurement function for the firm.
- Define, execute, and manage the vendor engagement, RFP, Selection, contracting, performance, and vendor life cycle management.
- Participate in Designing policies, systems, and procedures of Procurement Department
- Manage day-to-day purchasing requirements, procurement projects for the department, Business Unit.
- Lead and negotiate contractual terms, price agreements and purchase agreements with Suppliers.
- Perform vendor onboarding (KYC/KYV, documentation, etc.)
- Work with Finance team on budget allocation for each of the purchases
- Review and perform 1st level invoice review vis a vis service delivery
- Act as a POC and intermediary between business functions and Suppliers
- Ensure all Vendor SLAs are met. Laise with vendor for any service-related gaps
- Conduct periodic performance review of each vendor and publish scores and outcomes
- Laise with Legal team, internal stakeholder on contract terms and execution
- Plan and execute periodic contract renewals, terminations, etc
- Supplier Relation Management
- Lead all Vendor Management activity relating to Specific Commodity to ensure value for money and good service performance.
- Work with strategic vendors to agree future business plans which address issues and opportunities, cost reduction initiatives, and other mutual business opportunities.
- Monitor vendor performance reviews through Service levels, Vendor scorecards and KPIs and recommend service improvement plans.
- Contract Management:
- Negotiate, review and close contracts for HR Services, AMC, Facility Services, IT & Engineering Services.
- Interface with Legal Team for contract review, financial & commercial aspects, changes prior to execution.
- Identify, manage, and minimize contractual and commercial risk.
- Ensure effective governance standards for vendor management including vendor contract process.
- Own and resolve any actions coming out of the Vendor Management audit.
Qualification and Experience:
- Graduate in any discipline with Min 3 - 5 years of total experience. Min 3 years in vendor management, Procurement, or sourcing.
- Experience in managing RFP/RFI processes for procurement in a mid-to-large organization.
- Ability to Laise with suppliers in various industries, Internal and External stakeholders, and Legal teams.
- Experience of handling and executing service contracts, Master Agreement and SOWs (Statement/Schedule of work).
- Good Negotiations, Networking and Relationship Management skills.
- Good Command on reporting and office tools.
- Must have good documentation and presentations skills.
experience
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