FEATURED JOB

Process Executive

quest global engineering pvt ltd

1 to 4 Years

100000 - 500000 Yearly

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Posted: 08 Apr 25

Job Description

Key Responsibilities:

Vendor Selection & Negotiation:
Identify, evaluate, and select vendors that meet company requirements.
Negotiate contracts and terms to secure the best pricing, quality, and service levels.
Coordinate with cross-functional teams to ensure vendor selection aligns with company needs and goals.
Contract Management:
Develop and maintain vendor contracts, ensuring compliance with company policies and regulatory standards.
Monitor and enforce contract terms, renewals, and service level agreements (SLAs).
Performance Management:
Regularly assess and evaluate vendor performance, ensuring they meet agreed-upon deliverables, timelines, and quality standards.
Conduct performance reviews with vendors and provide constructive feedback.
Resolve vendor-related issues in a timely and efficient manner.
Relationship Management:
Foster and maintain strong, long-term relationships with key vendors.
Act as the main point of contact for vendors and internal stakeholders.
Communicate effectively with vendors to ensure smooth operations and mitigate risks.
Cost Control & Budgeting:
Monitor vendor invoices to ensure accuracy and compliance with contract terms.
Track and manage vendor spending, striving for cost reduction and process improvements.
Risk Management:
Assess and mitigate risks related to vendor relationships and service delivery.
Monitor the market for potential disruptions, supply chain risks, or changes that could impact vendor performance.
Compliance & Reporting:
Ensure all vendor contracts and activities comply with company policies and legal regulations.
Prepare reports on vendor performance, spending, and issues for senior management.
Continuous Improvement:
Identify opportunities for process improvement and cost-saving initiatives within vendor management.
Stay updated on industry trends and best practices in vendor management.

Qualifications:

Education:
Bachelor’s degree in Business Administration, Supply Chain Management, or related field (Master’s preferred).
Experience:
Minimum of 3-5 years of experience in vendor management, procurement, or supply chain management.
Proven track record of successfully managing vendor relationships and contracts.
Skills:
Strong negotiation, communication, and interpersonal skills.
Excellent analytical and problem-solving abilities.
Ability to manage multiple vendors and priorities in a fast-paced environment.
Proficiency with procurement and vendor management software (e.g., SAP, Oracle, etc.).
Certifications (optional):
Certification in Supply Chain Management (e.g., CPSM, CIPS) is a plus.

Key Competencies:

Negotiation skills and conflict resolution
Analytical thinking and attention to detail
Strong organizational and time-management skills
Relationship building and stakeholder management
Contract management and compliance

Job Particulars

Role management trainee

Education LLM, B.Arch, Certificate Course (ITI), Diploma, M Phil / Ph.D, B.Com, B.Pharm, BA, M.Arch, M.Com, M.Pharm, MA, BBA/BBM, BCA, BDS, BE/B.Tech, MBA/PGDM, BEd, BHM, BSc, MCA, MD, MDS, ME/M.Tech, BVSc, CA, CS, ICWA, LLB, MBBS, MEd, MHM, MS, MSc, MSW, PG Diploma, 10th Pass (SSC), 12th Pass (HSE), No Education/Schooling, Upto 9th Std, Vocational Training, B.Design, B.FashionTech, BFA, BAMS, BHMS, MVSc, B.P.Ed, MPEd, B.F.Sc(Fisheries), M.F.Sc(Fisheries), BSW, Other Graduate, Other Post Graduate

Who can apply Experienced (1 to 4 Years)

Hiring Process Face to Face Interview

Employment TypeFull Time

Job Id2652343

Job Category Contingent

Locality Address

State Karnataka

Country India

About Company

Key Responsibilities:

Vendor Selection & Negotiation:
Identify, evaluate, and select vendors that meet company requirements.
Negotiate contracts and terms to secure the best pricing, quality, and service levels.
Coordinate with cross-functional teams to ensure vendor selection aligns with company needs and goals.
Contract Management:
Develop and maintain vendor contracts, ensuring compliance with company policies and regulatory standards.
Monitor and enforce contract terms, renewals, and service level agreements (SLAs).
Performance Management:
Regularly assess and evaluate vendor performance, ensuring they meet agreed-upon deliverables, timelines, and quality standards.
Conduct performance reviews with vendors and provide constructive feedback.
Resolve vendor-related issues in a timely and efficient manner.
Relationship Management:
Foster and maintain strong, long-term relationships with key vendors.
Act as the main point of contact for vendors and internal stakeholders.
Communicate effectively with vendors to ensure smooth operations and mitigate risks.
Cost Control & Budgeting:
Monitor vendor invoices to ensure accuracy and compliance with contract terms.
Track and manage vendor spending, striving for cost reduction and process improvements.
Risk Management:
Assess and mitigate risks related to vendor relationships and service delivery.
Monitor the market for potential disruptions, supply chain risks, or changes that could impact vendor performance.
Compliance & Reporting:
Ensure all vendor contracts and activities comply with company policies and legal regulations.
Prepare reports on vendor performance, spending, and issues for senior management.
Continuous Improvement:
Identify opportunities for process improvement and cost-saving initiatives within vendor management.
Stay updated on industry trends and best practices in vendor management.

Qualifications:

Education:
Bachelor’s degree in Business Administration, Supply Chain Management, or related field (Master’s preferred).
Experience:
Minimum of 3-5 years of experience in vendor management, procurement, or supply chain management.
Proven track record of successfully managing vendor relationships and contracts.
Skills:
Strong negotiation, communication, and interpersonal skills.
Excellent analytical and problem-solving abilities.
Ability to manage multiple vendors and priorities in a fast-paced environment.
Proficiency with procurement and vendor management software (e.g., SAP, Oracle, etc.).
Certifications (optional):
Certification in Supply Chain Management (e.g., CPSM, CIPS) is a plus.