Vendor Performance Analysis Manager

2 days ago

Hyderabad, Telangana, India Novartis Full time ₹ 12,00,000 - ₹ 24,00,000 per year

Job Description Summary

The Vendor Performance Analysis Manager supports the Development organization by analyzing business processes to optimize costs, improve supplier performance, and identify opportunities for value creation.
Using data-driven insights and financial models, the manager aids in vendor selection, contract reviews, and identifying incremental cost-saving opportunities. Collaborating with the Vendor Alliance Lead and cross-functional teams, the role ensures effective sourcing strategies and supports supplier alignment with organizational goals.
In this position, the manager focuses on tactical execution, operational support, and analytics-driven recommendations, while maintaining quality standards and fostering positive relationships with vendors.

Job Description

Major accountabilities:

  • Support data analysis efforts to identify cost-saving opportunities and ensure efficient sourcing decisions.

  • Conduct basic financial modeling and "should cost" analysis to facilitate vendor reviews and contract discussions.

  • Assist in gathering supplier data, market trends, and performance metrics for analysis and reporting purposes.

  • Collaborate with Procurement and other teams to streamline sourcing processes and improve operational efficiency.

  • Monitor and track sourcing KPIs and performance metrics to identify trends and areas requiring improvement.

  • Contribute to the development of dashboards, reports, and presentations to communicate insights and recommendations to stakeholders.

  • Provide operational support for sourcing-related projects and initiatives to drive incremental improvements.

Minimum Requirements:

Bachelor's degree or equivalent degree is required
Work Experience:

  • 3+ years' working experience

    ·      

  • Knowledge of clinical operation processes and vendor management experience a plus

    ·       Knowledge sourcing processes and cost structure within clinical research categories a plus

    ·      

  • Experience with data analysis and visualization tools

    ·      

  • Experience with financial modeling concepts.

    ·      

  • Demonstrated problem solving and solution generations skills

    ·      

  • Results driven  demonstrated ability to support the execution of projects according to required deliverables and within timelines

    ·      

  • Strong teamwork and collaboration skills in a cross-functional environment.

Skills:

  • Communication Skills: Ability to convey data insights and recommendations clearly and concisely.

  • Problem Solving: Basic skills in identifying operational issues and providing tactical solutions.

  • Clinical Trials.

  • Process Improvement.

  • Project Management.

  • Project Planning.

  • Vendor Management a plus

Languages :

  • English.

Skills Desired

Budget Management, Clinical Trials, Negotiation Skills, Process Improvement, Project Planning, Vendor Management, Waterfall Model

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