Vendor Management Reporting Analyst

2 weeks ago

Gurugram, India The Economist Group Full time US$ 90,000 - US$ 1,20,000 per year
Who we are

We are an organisation that exists to drive progress. That's the "red thread" that connects everyone at The Economist Group (TEG). Our businesses share a devotion to innovation, independence and rigour in their fields of expertise. We empower people to understand and tackle the critical challenges and changes facing the world. Our analytical rigour, global expertise and evidence-based insights enable individuals and organisations to make sense of these shifts and chart a course through them.

We deliver analysis and insights in many formats to subscribers and clients in 170 countries through our four businesses, The Economist, Economist Impact, Economist Intelligence and Economist Education, which uphold our global reputation for excellence and integrity. 

Job Summary:

We are seeking a detail-oriented and proactive Vendor Management Analyst to join our Procurement team. The successful candidate will be responsible for managing and optimizing vendor relationships, ensuring compliance with internal policies, external regulations, and driving continuous improvement in Vendor performance. This role will support strategic sourcing initiatives, contract management, risk mitigation, and vendor performance tracking across the organization.

Key Responsibilities:
Vendor Onboarding & Qualification:
 Evaluate and onboard vendors in compliance with company policies, including conducting due diligence and risk assessmentsPerformance Monitoring:
Track and analyze supplier KPIs, conduct regular performance reviews, and coordinate corrective actions as neededCompliance & Risk Management:
Ensure vendors adhere to relevant regulatory requirements, company standards, and sustainability or ESG goalsProcurement Support:
Collaborate with the wider Procurement team on strategic procurement initiatives, RFPs/RFQs, and cost-saving opportunitiesProcess Improvement:
Continuously improve vendor management processes, systems, and tools to enhance procurement efficiency and value deliveryProcurement metrics and dashboards
Maintain Internal and external metric reporting got ensure the right behaviours are in place and can inform performance management accordingly

Expected Metrics to be managed 

Stakeholder SatisfactionRisk & ComplianceVendor Lifecycle & Process EfficiencyCost and Savings Vendor Performance Qualifications:
Bachelor's degree in Supply Chain Management, Business Administration, or related field (Master's degree is a plus)An understanding of procurement processes, contract negotiation, and supplier performance metrics, desirableExcellent communication, analytical, and interpersonal skillsAbility to work cross-functionally and manage multiple vendor/stakeholder relationships simultaneouslyCertification in supply chain or procurement (e.g., CPSM, CIPS), is desirable or willing to learn

Technology skill requirements, desirable 

Advanced Excel skills Previous experience building and maintaining Tableau dashboards Previous experience with One Trust and Air Table 

Soft skill requirements

Able to self manage time and prioritiesData driven, ability to work with data and analytics and derive patterns and forecastsDemonstrated building relationships Previous experience with One Trust and Air Table 

#LI-Hybrid

What we offer

Benefits
We offer excellent benefits including an incentive programme, generous annual and parental leave policies, volunteering days and well-being support throughout the year, as well as free access to all Economist content. Country specific benefits are also offered.

Our Values
Our values are a collective set of beliefs and behaviours that strengthen The Economist Group's purpose and demonstrate where we want to be as an organisation. They reflect on our mission to pursue progress for individuals, organisations and the world.

Independence
We are not bound to any party or interest and encourage exploration and free-thinking. We champion freedom, both within our organisation and around the world.

Integrity
We are bold in our efforts to uncover the truth and stand up for what we believe in. We inspire trust through our rigour, fact-checking and transparency.

Excellence
We aspire to the highest standards in all we do. We are ambitious and inquisitive in our pursuit of continuous progress and innovation.

Inclusivity
We value diversity in thought and background and encourage healthy debate with a breadth of perspectives. We treat our colleagues and customers fairly and respectfully.

Openness
We foster a collaborative and empathetic culture conducive to the interests, wit and initiative of our colleagues. New ideas are our lifeblood.

The Economist Group values diversity. We are committed to equal opportunities and creating an inclusive environment for all our colleagues and potential colleagues regardless of ethnic origin, national origin, gender, gender identity, race, colour, religious beliefs, disability, sexual orientation, age, marital status or any other status.

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