Team Lead - Vendor Management

Job Title: Team Lead Vendor Management

Department: BGV

Location: Delhi NCR

Reporting To: Manager

Employment Type: Full-Time

Job Summary:

Key Responsibilities:

Vendor Identification & On-boarding:

- Conduct due diligence, background checks, and documentation review during on-boarding.

Relationship & Performance Management:

- Set clear KPIs and SLAs and monitor performance regularly.

- Conduct periodic performance reviews and audits.

Contract Negotiation & Compliance:

- 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:

- Prepare regular reports for senior management on vendor performance and cost analysis.

- Assist in creating SOPs, procurement policies, and vendor manuals.

Issue Resolution:

- Ensure timely resolution of conflicts and disputes.

Requirements:

- 25 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:

- Familiarity with risk management and cost control techniques.