Vendor Management Executive

1 month ago


Bangalore Urban, India CAITS INFO SOLUTIONS PVT LTD. Full time

Company Overview


CAITS INFO SOLUTIONS PVT LTD. is an end-to-end ICT solutions provider based in Kochi, India. With over 30 qualified professionals, the company offers Consultancy and Total Turn-Key Solutions in the IT and Telecommunication Industry. CAITS aims to build long-term relationships based on trust by meeting customer expectations and providing co-managed solutions for ICT operations.


Job Overview


Vendor Management Executive role at CAITS INFO SOLUTIONS PVT LTD., a well-established ICT solutions provider in Kochi, India. Full-Time position for Fresher with less than 1 year experience in Vendor Management. Job location in Bangalore Urban. Salary range: Competitive. Company size: 11-50 employees.


Qualifications and Skills


  • B.Com/BBA Graduates
  • Business Communications
  • Skilled Multi-tasker
  • Negotiation
  • Analytical Skills
  • Problem Solving
  • Vendor Management
  • Cost Management
  • Dispute Resolution


Roles and Responsibilities


  • Manage vendor relationships and contracts
  • Negotiate contracts and agreements with vendors
  • Monitor vendor performance and quality of services
  • Resolve disputes and issues with vendors effectively
  • Ensure cost-effective vendor management practices


What You'll do?

1.      Vendor Selection: Identifying potential vendors through research and evaluation, considering factors such as quality, reliability, pricing, and reputation.

2.      Contract Negotiation: Negotiating contracts and agreements with vendors to establish terms, pricing, service level agreements (SLAs), and other essential provisions.

3.      Relationship Management: Cultivating and maintaining positive relationships with vendors to foster collaboration, resolve issues, and address any concerns promptly.

4.      Performance Monitoring: Tracking vendor performance against key performance indicators (KPIs) and SLAs to ensure they meet or exceed expectations.

5.      Risk Management: Assessing and mitigating risks associated with vendor relationships, such as supply chain disruptions, quality issues, or breaches of contract.

6.      Cost Management: Monitoring costs associated with vendor services or products and identifying opportunities for cost savings or optimization.

7.      Compliance: Ensuring that vendors comply with relevant regulations, industry standards, and company policies.

8.      Vendor Development: Supporting vendors in improving their processes, capabilities, and performance through feedback, training, or other means.

9.      Dispute Resolution: Resolving conflicts or disputes that may arise between the company and its vendors in a fair and timely manner.

10.  Accounts Support: Supporting accounting team for Vendor Payments

11.  Monthly MIS report sending to the management

12.  Continuous Improvement: Identifying areas for improvement in vendor management processes and implementing strategies to enhance efficiency, effectiveness, and value.


Immediate joiners preferred and interested candidates can email your resume to hrm@caitsinfo.com



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