Vendor Management Executive

Job Description

We are looking for a detail-oriented and proactive Vendor Management Executive to oversee vendor relationships, ensure contract compliance, and support the strategic sourcing process. This role plays a vital part in managing vendor performance, optimizing procurement processes, and ensuring consistent service delivery across all vendor partnerships.

Key Responsibilities:
Establish and maintain strong relationships with existing and new vendors.

Evaluate vendor performance using key metrics (KPIs, SLAs, quality standards).

Assist in the vendor selection and onboarding process, including due diligence and contract setup.

Monitor vendor compliance with contractual terms, regulatory standards, and company policies.

Coordinate with internal teams (procurement, finance, operations) to align vendor services with business needs.

Identify opportunities for cost savings, process improvements, and risk mitigation.

Manage vendor databases, documentation, and reporting systems.

Resolve vendor disputes and escalate issues when necessary.

Participate in periodic vendor reviews, audits, and renegotiations.

Qualifications:
Experience: 2+ years in vendor management, procurement, or supply chain roles.

Education: Bachelor’s degree in Business Administration, Supply Chain Management, or a related field.

Skills:

Strong communication and negotiation abilities.

Analytical thinking and problem-solving skills.

Attention to detail and contract interpretation.

Ability to manage multiple vendors and projects simultaneously.

Tools: Familiarity with ERP systems (SAP, Oracle, etc.), Excel, and vendor management tools.