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Senior Vendor Management

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Randstad

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Location:
India, Bangalore

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Category:
Purchasing

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Contract Type:
Not provided

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Salary:

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Job Description:

Job Title - Senior Vendor Managment Job Location- Bangalore

Job Responsibility:

  • Manage End to End Sourcing and Procurement function for the firm
  • Define, execute, and manage the vendor engagement, RFP, Selection, contracting, performance, and vendor life cycle management
  • Participate in Designing policies, systems, and procedures of Procurement Department
  • Manage day-to-day purchasing requirements, procurement projects for the department, Business Unit
  • Lead and negotiate contractual terms, price agreements and purchase agreements with Suppliers
  • Perform vendor onboarding (KYC/KYV, documentation, etc.)
  • Work with Finance team on budget allocation for each of the purchases
  • Review and perform 1st level invoice review vis a vis service delivery
  • Act as a POC and intermediary between business functions and Suppliers
  • Ensure all Vendor SLAs are met. Laise with vendor for any service-related gaps
  • Conduct periodic performance review of each vendor and publish scores and outcomes
  • Laise with Legal team, internal stakeholder on contract terms and execution
  • Plan and execute periodic contract renewals, terminations, etc
  • Lead all Vendor Management activity relating to Specific Commodity to ensure value for money and good service performance
  • Work with strategic vendors to agree future business plans which address issues and opportunities, cost reduction initiatives, and other mutual business opportunities
  • Monitor vendor performance reviews through Service levels, Vendor scorecards and KPIs and recommend service improvement plans
  • Negotiate, review and close contracts for HR Services, AMC, Facility Services, IT & Engineering Services
  • Interface with Legal Team for contract review, financial & commercial aspects, changes prior to execution
  • Identify, manage, and minimize contractual and commercial risk
  • Ensure effective governance standards for vendor management including vendor contract process
  • Own and resolve any actions coming out of the Vendor Management audit

Requirements:

  • Graduate in any discipline with Min 3 - 5 years of total experience
  • Min 3 years in vendor management, Procurement, or sourcing
  • Experience in managing RFP/RFI processes for procurement in a mid-to-large organization
  • Ability to Laise with suppliers in various industries, Internal and External stakeholders, and Legal teams
  • Experience of handling and executing service contracts, Master Agreement and SOWs (Statement/Schedule of work)
  • Good Negotiations, Networking and Relationship Management skills
  • Good Command on reporting and office tools
  • Must have good documentation and presentations skills

Additional Information:

Job Posted:
December 15, 2025

Expiration:
December 29, 2025

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