Job Title: Team Lead - Vendor Management
Department: BGV
Location: Delhi NCR
Reporting To: Manager
Employment Type: Full-Time
Job Summary:
We are looking for an experienced and detail-oriented Team Lead - Vendor Management to oversee the selection, evaluation, on-boarding, and management of third-party vendors. The role involves ensuring vendor performance, managing risk, negotiating contracts, maintaining compliance, and building long-term relationships that support the organization's operational and strategic goals.
Key Responsibilities:
Vendor Identification & On-boarding:
Source, evaluate, and on-board new vendors as per business requirements.
Conduct due diligence, background checks, and documentation review during on-boarding.
Relationship & Performance Management:
Maintain strong relationships with existing vendors to ensure high-quality service delivery.
Set clear KPIs and SLAs and monitor performance regularly.
Conduct periodic performance reviews and audits.
Contract Negotiation & Compliance:
Negotiate terms and pricing to ensure best value without compromising on quality.
Ensure all contracts and agreements are compliant with internal policies and external regulations.
Work closely with legal and compliance teams for risk mitigation.
Process Improvement & Reporting:
Analyse vendor-related data to identify opportunities for cost savings and process improvement.
Prepare regular reports for senior management on vendor performance and cost analysis.
Assist in creating SOPs, procurement policies, and vendor manuals.
Issue Resolution:
Act as a point of contact for any vendor-related issues or escalations.
Ensure timely resolution of conflicts and disputes.
Requirements:
Bachelor’s degree in Business Administration, Supply Chain, or related field.
2–5 years of experience in vendor management, procurement, or supply chain roles.
Strong negotiation, analytical, and interpersonal skills.
Experience with vendor management systems (VMS) and ERP tools.
Knowledge of contract law and vendor compliance regulations.
Excellent organizational and multitasking abilities.
Preferred Skills:
Industry-specific vendor experience (e.g., BGV, CPV/FI, Banks & NBFC).
Familiarity with risk management and cost control techniques.
Salary Range: As per Experience
Interested can send their profile to: raquim.salim@parishram.co.in / kunal.budhiraja@parishram.co.in