Vendor Management

Job Title: Vendor Management Executive

Department: Operations / Procurement / Administration

Location: Farrukhnagar

Experience: 2–3 years

Job Summary:

The Vendor Management Executive will be responsible for onboarding, coordinating, and managing relationships with external vendors to ensure timely delivery of services and cost-effective procurement. The role involves negotiation, performance tracking, contract management, and ensuring compliance with company policies.

Key Responsibilities:

• Identify, evaluate, and onboard new vendors as per business requirements.
• Maintain strong relationships with existing vendors to ensure service quality and continuity.
• Negotiate pricing, contracts, payment terms, and service-level agreements (SLAs).
• Coordinate with internal teams to understand vendor needs and resolve issues.
• Monitor vendor performance against agreed KPIs and SLAs.
• Ensure timely processing of vendor invoices and payments.
• Handle vendor escalations and resolve disputes professionally.
• Maintain accurate vendor records, contracts, and compliance documents.
• Conduct periodic vendor audits and performance reviews.
• Ensure adherence to company procurement policies and compliance standards.

Required Skills & Qualifications:

• Bachelor's degree in Business Administration, Supply Chain, or a related field.
• Proven experience in vendor management, procurement, or operations.
• Strong negotiation and communication skills.
• Good knowledge of contract management and compliance.
• Proficiency in MS Excel and ERP systems (e.g., SAP, Oracle, or similar).
• Ability to multitask and manage multiple vendors simultaneously.
• Strong problem-solving and conflict-resolution abilities.

Preferred Skills:

• Experience handling multiple vendors across different regions.
• Knowledge of cost optimization and procurement best practices.

CTC: 4 LPA Based on current CTC

Working Days: [ 6 days a week]

Joining Timeline: Immediate / 15 days