Sr. Specialist- Technology Vendor Management

2 days ago

Gurgaon, Haryana, India Sun Life Global Solutions Full time US$ 90,000 - US$ 1,20,000 per year

Role Summary :

We are seeking an experienced Senior Vendor Management Specialist to join our team. This role will be responsible for overseeing and optimizing vendor relationships, contracts, and performance to ensure maximum value for our organization.

As a team member of vendor management function for Technology at SLGS India, you are responsible for managing the complete database of Technology team, add and update day to day activities in the database, do a periodic reporting of the same to your stakeholders in technology team.

You will also be expected to establish optimal network of technology vendors for variety of needs of technology department. This includes start ups, mid and large size technology vendors for procurement of product or services. You will work with Technology leadership team at SLGS to envision and build strong network.

You should be strong vendor management professional with proven record of independently managing diverse technology vendor ecosystems. You should have instinct of building relationships with business partners, vendors and other stakeholders. You should possess strong bias for action and should be detailed oriented individual.

What will you do :

  • Develop and implement vendor management strategies aligned with organizational goals
  • Manage complex vendor relationships and contracts for critical business services
  • Conduct regular vendor performance evaluations and risk assessments
  • Negotiate contracts and service level agreements to optimize costs and quality
  • Lead vendor selection processes and due diligence for new partnerships
  • Collaborate with internal stakeholders to understand business needs and align vendor capabilities
  • Implement vendor governance frameworks and best practices
  • Analyze spending data and market trends to identify cost-saving opportunities
  • Mitigate vendor-related risks through proactive monitoring and management
  • Prepare executive-level reports on vendor performance and strategic recommendations
  • Work with internal stakeholders to compliance SLGS processes like procurement, contracting and risk assessments etc.
  • Ensure smooth operation of vendor invoicing, payment processes
  • Track and Manage contract renewals
  • Ensure to track, measure and report vendor performance.
  • Arrange meetings between the vendor and the staff to discuss various issues.

Competencies

  • Strong background on technology vendor management
  • Superior negotiation skills
  • Strong technology contracting skills
  • Understand of various commercial and engagement models of vendors
  • Ability to define, follow , improve operational processes
  • Strong consulting skills, ability to build consensus and drive decisions

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