Vendor Development Manager

ConfidentialChennai

30+ days ago

Job description

Description

The Vendor Development Manager will be responsible for identifying, evaluating, and developing relationships with vendors to ensure the company has the best suppliers for its products and services. This role requires a strategic approach to vendor management and a strong understanding of market trends.

Responsibilities

Identify and evaluate potential vendors to meet company requirements.
Negotiate contracts and terms with vendors to ensure the best deals.
Develop and maintain strong relationships with existing vendors.
Monitor vendor performance and address any issues that may arise.
Collaborate with internal departments to understand their vendor needs and requirements.
Conduct market research to stay informed about industry trends and competitive offerings.
Prepare reports and presentations on vendor performance and procurement strategies.

Skills and Qualifications

Bachelor's degree in Business Administration, Supply Chain Management, or related field.

1-5 years of experience in vendor management, procurement, or supply chain roles.

Strong negotiation skills and experience in contract management.

Excellent communication and interpersonal skills.

Proficient in Microsoft Office Suite, particularly Excel for data analysis.

Ability to analyze market trends and vendor performance metrics.

Strong problem-solving skills and attention to detail.

Skills Required

Vendor Negotiation, Supply Chain, Market Analysis, Cost Reduction, Relationship Management, Contract Management

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Development Manager • Chennai