Vendor Management

• A vendor management job description involves overseeing relationships with a company's suppliers, including sourcing and onboarding new vendors, negotiating contracts, and monitoring performance to ensure goods and services meet quality standards and business needs. Key responsibilities include developing and maintaining vendor relationships, managing risks, and acting as a liaison between internal teams and external partners to align vendor strategies with business goals.
• Core responsibilities
• Vendor Selection and Onboarding: Researching, sourcing, and vetting new vendors. This includes managing requests for quotations (RFQs) and proposals (RFPs), evaluating capabilities, and handling the onboarding process.
• Contract Negotiation: Negotiating terms, pricing, service level agreements (SLAs), and conditions to create contracts that benefit both the company and the vendor.
• Performance Monitoring: Creating performance metrics (KPIs) and continuously tracking vendor performance to ensure they meet contract requirements and business objectives.
• Relationship Management: Serving as the primary point of contact, building strong relationships, and fostering collaboration between internal departments and external suppliers.
• Risk and Compliance: Identifying and mitigating risks associated with vendors and ensuring they comply with contractual terms and company policies.
• Internal Collaboration: Working with internal teams like procurement, legal, finance, and operations to understand their needs and ensure vendor outputs align with them.
• Strategic Alignment: Ensuring that vendor strategies are aligned with overall business goals and operational needs.
• Key skills
• Analytical and Strategic Thinking: Ability to analyze performance data, identify cost-saving opportunities, and develop strategic plans.
• Communication and Interpersonal Skills: Strong ability to build and maintain relationships, negotiate effectively, and communicate clearly with various stakeholders.
• Attention to Detail: Meticulousness in tasks like order confirmation, contract terms, and technical/design checks.
• Business Acumen: A strong understanding of business principles and how vendor relationships impact the company's bottom line.
• Problem-Solving: Ability to manage escalations and find creative solutions to issues that arise.
• Tamil candidates only

• It is a Full Time Warehouse / Logistics job for candidates with Freshers.

More about this Vendor Management job

1. What is the eligibility criteria to apply for this Vendor Management job?
   Ans: The candidate should be All Education levels and above with Freshers of experience
2. How much salary can I expect for this job role?
   Ans: You can expect a salary of ₹24500 - ₹31500 per month that depends on your interview. It's a Full Time job in Chennai.
3. How many working days are there for this Vendor Management job?
   Ans: This Vendor Management job will have 5 working days.
4. Are there any charges applicable while applying or joining this Vendor Management job?
   Ans: No, there is no fee applicable for applying this Vendor Management job and during the employment with the company, i.e., Inbuilt Infra India Private Limited.
5. Is it a work from home job?
   Ans: No, it’s not a work from home job and can't be done online.
6. How many openings are there for this Vendor Management role?
   Ans: There is an immediate opening of 25 Vendor Management at Inbuilt Infra India Private Limited
7. Who can apply for this job?
   Ans: Only Male candidates can apply for this Warehouse / Logistics job.
8. What are the timings of this Vendor Management job?
   Ans: This Vendor Management job has Day Shift.