Vendor Management

Role Summary:
We are seeking an experienced Vendor Management professional to join our dynamic team in Delhi. The ideal candidate will be responsible for managing and optimizing relationships with our diverse range of vendors, ensuring service level agreements (SLAs) are met, and driving cost efficiencies. This role is crucial for maintaining the smooth operation of our analytics and research services.

Key Responsibilities:
- Develop and implement vendor management strategies to support business objectives.
- Identify, evaluate, and onboard new vendors, ensuring compliance with company policies and standards.
- Negotiate contracts, pricing, and terms with vendors to achieve cost savings and favorable agreements.
- Monitor vendor performance against SLAs and KPIs, conducting regular performance reviews.
- Manage day-to-day vendor relationships, acting as the primary point of contact.
- Proactively identify and mitigate vendor-related risks.
- Collaborate with internal stakeholders to understand their vendor needs and ensure satisfaction.
- Track vendor spend and identify opportunities for consolidation and optimization.
- Ensure all vendor activities comply with legal and regulatory requirements.
- Maintain accurate vendor records and documentation.