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Vendor Development Manager
2 weeks ago
COMPANY: Carryfast Logistics Private Limited
Lasuria Mori, Dewas Naka. Indore.
JOB DESCRIPTION
Job Title : Vendor Development Manager – Transportation
Job Location : Mumbai, Pune, Delhi NCR, Indore
Job Summary:
We are seeking a dynamic and experienced Vendor Development Manager - Transportation to oversee the identification, development, and management of transportation vendors. The role involves building and nurturing relationships with key vendors, negotiating contracts, ensuring operational efficiency, and creating a robust vendor database. The ideal candidate will possess a deep understanding of transportation operations, strong industry connections, and expertise in vendor relationship management.
Key Responsibilities:
Vendor Identification & Evaluation :
- Research and identify potential vendors in the transportation industry that align with the company’s strategic objectives.
- Conduct market analysis and competitor bench-marking to ensure sourcing of best-in-class transportation solutions.
- Evaluate vendors based on their capabilities, track record, compliance, and scalability.
Vendor Relationship Management :
- Build and maintain long-term, productive relationships with key transportation vendors.
- Act as the primary point of contact for all vendor-related matters.
- Regularly review vendor performance and address any concerns to ensure service quality and compliance with contractual agreements.
Negotiation & Contract Management :
- Lead the negotiation process for transportation contracts, ensuring cost-effectiveness, favorable terms, and alignment with company goals.
- Collaborate with legal and procurement teams to draft, review, and finalize vendor contracts.
- Monitor contract adherence and address any deviations from agreed terms.
Operational Knowledge & Coordination :
- Leverage a deep understanding of transportation operations to evaluate vendor performance and ensure the efficient and timely delivery of services.
- Coordinate with internal teams (e.g., logistics, supply chain) to align vendor services with operational requirements.
- Ensure vendors meet compliance standards, regulatory requirements, and safety protocols.
Industry Networking & Market Intelligence :
- Develop and maintain a strong network within the transportation and logistics industry to stay abreast of industry trends, emerging technologies, and best practices.
- Identify opportunities for innovation and improvement within the transportation vendor landscape.
Database Creation & Management :
- Develop and maintain a comprehensive vendor database with key metrics, performance data, and vendor history.
- Implement systems to track and evaluate vendor performance and provide insights for strategic decision-making.
- Ensure the database is regularly updated and accurate to support procurement and supply chain activities.
Reporting & Analysis :
- Prepare regular reports on vendor performance, market trends, cost savings, and operational issues.
- Provide actionable insights and recommendations to management for continuous improvement in vendor relationships and transportation operations.
Risk Management :
- Proactively identify potential risks associated with vendors and transportation operations, and implement mitigation strategies.
- Develop contingency plans to ensure uninterrupted service delivery in case of vendor failure or market disruptions.
Qualifications & Experience:
- Education : Bachelor’s degree in Business Administration, Supply Chain Management, Logistics, or a related field. MBA or relevant post-graduate qualification is a plus.
- Experience : Minimum of 5-7 years of experience in vendor development, procurement, logistics, or transportation management, with at least 3 years in a vendor management or development role.
- Industry Knowledge : In-depth knowledge of the transportation industry, including logistics, freight management, and supply chain operations.
Skills :
- Strong negotiation and contract management skills.
- Excellent relationship-building abilities.
- Ability to analyze complex data and generate actionable insights.
- Solid understanding of transportation operations and regulatory compliance.
- Strong communication skills (both verbal and written).
- Proficiency in vendor management software and database management tools.
Personal Attributes:
- Strategic Mindset : Ability to think strategically and contribute to long-term vendor development plans.
- Problem Solver : Proactive in addressing challenges and finding solutions in a fast-paced environment.
- Detail-Oriented : Focused on maintaining accuracy in vendor data, contracts, and performance metrics.
- Team Player : Ability to collaborate across departments, including logistics, procurement, and legal teams, to achieve organizational goals.
- Networking : Proven ability to develop and maintain a network of industry contacts and build partnerships with transportation vendors.
- Analytical Thinking : Ability to identify trends and areas for improvement based on data analysis and market research.
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