Tata Consultancy Services | Vendor Relations Specialist | bangalore
6 days ago
TCS has been a great pioneer in feeding the fire of young techies like you. We are a global leader in the technology arena and there’s nothing that can stop us from growing together.
What we are looking for
Role: Vendor Management
Experience Range: 6 – 8 Years
Location: Bengaluru/Chennai
Must Have:
- Vendor Relationship Management:
- Establish and maintain strong relationships with key IT vendors.
- Act as the primary point of contact between the organization and vendors.
- Facilitate communication between internal IT teams and external vendors.
2. Contract Management:
- Negotiate, review, and manage IT contracts with vendors, ensuring terms and conditions meet organizational needs.
- Ensure vendors comply with service level agreements (SLAs) and contract terms.
- Monitor contract renewals, terminations, and amendments.
3. Performance Monitoring:
- Track vendor performance against agreed SLAs and key performance indicators (KPIs).
- Conduct regular vendor performance reviews and report on findings to stakeholders.
- Implement corrective actions for underperforming vendors.
4. Risk Management:
- Identify potential risks in vendor relationships and develop mitigation strategies.
- Ensure vendors meet regulatory and compliance requirements, such as data privacy and cybersecurity standards.
- Conduct risk assessments of vendors, especially for critical IT services.
5. Procurement and Cost Management:
- Collaborate with procurement teams to select and onboard new IT vendors.
- Negotiate pricing and cost structures to ensure competitive and cost-effective services.
- Monitor vendor-related expenses and maintain budget controls.
6. Strategic Planning:
- Align vendor management strategies with organizational goals and IT objectives.
- Develop strategies for vendor consolidation or optimization to streamline services and reduce costs.
- Participate in technology evaluations and the selection of vendors for new IT initiatives.
Good to Have:
Issue Resolution:
- Serve as an escalation point for vendor-related issues, ensuring timely resolution.
- Collaborate with vendors to resolve service disruptions or contract disputes.
- Document and track vendor issues and resolutions for continuous improvement.
Essential:
- Strong organizational and project management skills.
- Ability to analyze data and make data-driven decisions.
- Proficient in managing multiple vendors and balancing competing priorities.
- Understanding of IT infrastructure, cloud services, software development, and security practices.
- Strong experience in vendor management or procurement, preferably in the IT industry.
- Knowledge of IT services, software, hardware, and emerging technologies.
- Excellent negotiation, communication, and problem-solving skills.
- Familiarity with contract law and compliance requirements (e.g., GDPR, ISO standards).
- Experience with tools like IT vendor management software, procurement systems, and contract management platforms.
Minimum Qualification:
•15 years of full-time education
•Minimum percentile of 50% in 10th, 12th, UG & PG (if applicable)
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bangalore, India Tata Consultancy Services Full timeTCS has been a great pioneer in feeding the fire of young techies like you. We are a global leader in the technology arena and there’s nothing that can stop us from growing together.What we are looking forRole: Vendor ManagementExperience Range: 6 – 8 YearsLocation: Bengaluru/ChennaiMust Have:Vendor Relationship Management:Establish and maintain strong...
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