Vendor development
4 days ago
Key Responsibilities
- Vendor Identification and Onboarding:Researching and identifying potential new food vendors, ingredients, and other supplies.
- Negotiation:Securing favorable pricing, terms, conditions, and delivery schedules for food categories.
- Relationship Management:Cultivating strong, collaborative relationships with vendors, resolving issues, and managing performance.
- Contract Management:Negotiating and overseeing service-level agreements and contracts to ensure compliance with company standards.
- Performance Monitoring:Conducting audits, monitoring vendor performance against set criteria, and driving improvements.
- Market Analysis:Researching market trends, price analysis, and competitor activities to inform sourcing strategies and cost savings.
- Internal Collaboration:Working with departments like quality control, product development, and operations to ensure a smooth and efficient supply chain.
- Compliance:Ensuring vendors adhere to food safety regulations, company standards, and contractual obligations.
Essential Skills and Qualifications
- Negotiation and Persuasion: Crucial for securing favorable terms with vendors.
- Communication and Interpersonal Skills: Essential for effective interaction with vendors and internal stakeholders.
- Market Knowledge: Understanding food industry trends, pricing, and supply chain dynamics.
- Analytical Skills: Ability to conduct market analysis, cost analysis, and performance reviews.
- Relationship Building: Ability to foster strong, collaborative relationships with external partners.
- Organizational Skills: For managing vendor databases, contracts, and development processes.
- Education/Experience: A Bachelor's degree in a related field is often required, along with experience in procurement, supply chain, or vendor development, particularly within the food or FMCG industry.
Job Type: Full-time
Pay: ₹15, ₹25,000.00 per month
Work Location: In person
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