Vendor Management Executive

2 days ago

Hyderabad, Telangana, India Object Technology Solutions Full time ₹ 5,00,000 - ₹ 12,00,000 per year

Job Title: Vendor Management Executive

Location: Hyderabad only

Experience:3-5years

About the Role

We are seeking a proactive and detail-oriented Vendor Management Executive with 3 years of experience in recruitment and vendor management. The ideal candidate will manage end-to-end vendor lifecycle, drive cost efficiencies, ensure service quality, and partner with internal stakeholders to meet hiring and supplier objectives.

Key Responsibilities

  • Vendor onboarding and qualification

  • Evaluate and onboard new vendors for recruitment and related services.

  • Conduct due diligence, capability assessments, and risk reviews.

  • Sourcing and supplier relationship management

  • Manage relationships with staffing agencies, MSPs, and other service providers.

  • Monitor vendor performance, SLAs, and escalation procedures.

  • Recruitment support and execution

  • Collaborate with Talent Acquisition to understand hiring needs and develop sourcing strategies.

  • Coordinate vendor-driven recruitment campaigns, outreach, and candidate screening support.

  • Contract and cost management

  • Assist in negotiating contracts, terms, and pricing with vendors.

  • Track spend, manage budgets, and identify cost optimization opportunities.

  • Performance analytics and continuous improvement

  • Maintain vendor scorecards, dashboards, and KPI reporting (time-to-fill, quality-of-hire, fill rate, ramp time).

  • Identify process improvements to reduce cycle times and enhance candidate quality.

  • Compliance and risk management

  • Ensure adherence to relevant laws, regulations, and internal policies.

  • Maintain documentation for audits and compliance.

  • Stakeholder collaboration

  • Work with HR, IT, Finance, and business leaders to align vendor strategies with business goals.

  • Skills:

  • Strong vendor relationship management and negotiation skills.

  • Solid understanding of recruitment lifecycle and vendor-backed hiring.
  • Data-driven mindset with proficiency in MS Excel/Google Sheets; experience with HRIS/ATS is a plus.
  • Familiarity with SLAs, KPIs, and vendor performance tracking.

  • Excellent communication, collaboration, and problem-solving abilities.

  • Domain Knowledge: Familiar with staffing agencies, MSP/VMS, and contract management basics.

Preferred Qualifications

  • Experience with IT/ VLSI/ Embedded or technology staffing is a plus.
  • Knowledge of local labor laws and compliance standards.

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