
Vendor Management Executive
13 hours ago
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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